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OUR SERVICES

Bookkeeping

We’ll work for your business every day ensuring smooth accounting and bookkeeping. Your numbers will be available timely and accurately for you to understand the performance of your business. We act as controllers to your finances, making sure you comply with Accounting Standards, Tax Regulations, Laws and Deadlines.

 

Our bookkeeping service will be simplified for you and will involve:

  • Recording and categorising transactions using double-entry system (credits and debits)

  • Applying Accounting Standards such as UK GAAP (FRS 102)

  • Reconciling your accounts with different sources of data & information 

  • Generating Financial Statements to assess your business performance 

 

We will sing you up into an accounting cloud based software such as: Xero or Sage.

Your only couple of tasks we ask you to help with is to take photos of your receipts, send them to us with a unique email we’ll provide and provide basic information about your business transactions.

That’s it, the rest is on us! We will take care of your business finances. 

Our working methodology frees up time for you to run your business and provide you with peace of mind.

small business bookkeeper

Payroll 

Alongside bookkeeping we can manage your payroll duties such as:

  • Employee onboarding and payroll administration (processing starters, leavers, statutory sick pay, statutory maternity pay, holiday pay).

  • Filing and payment of PAYE with Tax Authorities (Calculation of employees tax; employee/employer National Insurance contributions, Statutory payments).

  • Submission of Statutory Returns to HMRC; real time information (RTI) regime.

  • Year-end Report to HMRC, P60 to employees.

payroll accountant

Statutory Accounts 

We offer timely and accurate Statutory Accounts filing with Companies House for your Private Limited company. This is why we ensure that bookkeeping is accurate; it forms the basics for the preparation of the Financial Statements in the required iXBRL format. We ensure your business complies with:

  • Companies Act requirements.

  • UK GAAP Accounting Standards (such as FRS 102) with its required Disclosures Notes to the Accounts.

We will do the filing before the deadline of 9 months after your accounting period has ended to avoid penalties.

small business accountant

Tax 

We offer simplified tax services for your business depending on what you need:

  • Corporations Tax Return

  • Self-assessment Tax Return for Sole Traders (including Trading income, Capital Gains, Property Business)  

  • VAT returns ​​

We ensure that you maximise allowances, deductions and minimise tax liabilities so your business can retain more cash whilst adhering to regulatory requirements. ​

  • We will ensure your Business complies with correct tax fillings, payments, deadlines and record keeping. We will help you avoid Penalties so your cash is preserved as well as your time and peace of mind.

tax accountant

Pricing 

We offer a pricing methodology where you are charged for what you have used. ​

For example, in bookkeeping services, we charge based on each transaction we have accounted for.

The idea is that we neither overcharge you nor undercharge you. For tax services we charge per return. Please contact us for a free quote.

Small Business Accounting and Tax Insights 

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Get in touch

You can contact us either by email, phone or filling out the form
Email: hi@107accountancy.com
Phone: 07783 562860

 

bookkeeping services

107 ACCOUNTANCY LTD - Company number: 16791533

Registered address: 13 Harbury Road, Henleaze House Business Centre, Henleaze, Bristol, United Kingdom, BS9 4PN

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