Support services

The combination of your business knowledge and our support services will help your business to grow and increase profitability.

Management accounts and information

Obtaining regular reliable management information is vital to the continued success of any business. Let us work closely with you to get to know your business so we can make suggestions to help improve profits or to develop and grow your business. We can prepare your monthly or quarterly management accounts to ensure you always have reliable and accurate information on which to base your business decisions.

Payroll

Everything seemed fine running your own business until the day you took on your first employee and became an unpaid tax collector.

This is when you found out what red tape was all about.

Running a payroll can be time consuming and complicated and divert resources from the core activities of your business. With the implementation of Real Time Information, HMRC require information generally on or before the date of payment to the employee.

Let us take the strain away from you and let you get on with running and growing the business. Payroll has to be done on time and you as the employer are responsible for the mistakes. Payroll is not only highly sensitive, but also can be very complex. It is essential that your weekly or monthly payroll is not only accurate but is also prepared on time for your staff and to meet your obligations to HMRC. Our payroll system offers you a complete administration and processing service.

We run payrolls on time and can provide:

  • Employee payslips
  • Monthly summaries
  • Departmental reports
  • Completion of P45s for leavers
  • PAYE returns for the Revenue
  • Arrange automated payment to your employee

Linked with this we can then produce, year-end PAYE returns including P60s and P11Ds. Alternatively we can produce the end of year returns from your own records and assist with correct completion of P11Ds for employees’ expenses and benefits.

You will never have to worry about calculating statutory sick pay or maternity pay, dealing with tax credits and student loan deductions ever again!

Bookkeeping

“Bookkeeping is my least favourite job!” …is a typical cry from our potential clients.

“There is never enough time to sort out the books” …is another one.

We can do as much or as little of the bookkeeping as you would like.

We use professional bookkeeping software which makes the preparation of your VAT returns and year end accounts far less complicated and costly, saving you money overall. We leave business owners to get on with growing their business, whilst we deal with the paperwork.

We are happy to take on your company’s entire book keeping and VAT functions. Our integrated systems are designed to meet this requirement and this relieves you of a major headache and ensures that your administration is professionally controlled, allowing you to build your business rather than shuffle paperwork.

With up to date records, we can provide the business with accurate management accounts on a regular basis.

We are also happy to provide training, if you or your staff would prefer to deal with the daily bookkeeping routine, and we can be as involved as you would wish us to be. We are happy to advise you on the best and most appropriate software package for your business.

Business planning and forecasts

Every business should plan ahead to ensure success but daily business pressures often conspire to delay the strategic planning process. Financial forecasts are a crucial part of any business plan and we will ensure these are both meaningful and robust.

Liaising with banks and institutions

We offer support when liaising with banks and other financial institutions. Drawing on our wealth of experience we can support our clients through this often daunting experience.

Require more information?

If you would like more information or would like to speak to us direct then call us on 01908 315 716. Or if you would prefer, ask us a question online.

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Holmes Accountancy Limited, 22 Walker Avenue, Stratford Office Village, Wolverton Mill East, Milton Keynes, Buckinghamshire MK12 5TW
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