ACCOUNTING services
We offer a wide range of accounting services for small to large business, from bookkeeping for your business to the preparation of the financial statements for statutory purposes of filing accounts with Companies House. Accounting doesn’t have to be done yearly, at SH Accounting Solutions we provide clients with monthly or yearly services depending on their individual needs.
financial accounting & accounts preparation for STATUTORY purposes, sole traders and partnerships
Samuel Harrison has many years experience in the preparation of financial statements. The financial statements are prepared in many cases for clients involved in management of the business as well as owning shares. One of our main deliverables each year for clients is the provision of financial statements - these forms the basis of calculating the corporation tax due on the profits of the business. We also prepare financial statements for sole traders and partnerships so that they can see how well their business is doing and where any changes may be required.
payroll
We understand that running a payroll can be time consuming and complicated. With the implementation of Real Time Information, HMRC requires information generally on or before the date of payment to the employee. Simply by outsourcing this activity it can relieve the pressure and allow you to time to grow your business. We are proud to be able to provide the complete service, whatever the size or complexity of your business, or simply provide support when needed.
Bookkeeping and computerised accounting systems
Bookkeeping refers to the recording of the basic transactions undertaken by a business, which will typically be the sales and purchases of the business. The recent ‘Making Tax Digital’ trend has vastly increased the rise in online bookkeeping solutions. The advantages of this include; the accountant accessibility of the bookkeeping, electronically allowing access throughout the year. We have worked with a number of online bookkeeping software providers and our preferred bookkeeping solutions would be either Xero or Quickbooks.
At SH Accounting Solutions we can offer monthly or yearly bookkeeping services using software provided by clients or our in-house software. One of the key benefits of outsourcing your bookkeeping is that you can spend more time on running the business.
tax
Our clients require various Tax returns filed from corporation tax and VAT to personal tax. We help our clients every step of the way helping them save tax where possible.
company secretarial
At SH Accounting Solutions we make sure our clients are aware of all potential penalties that can be issued for late filing of returns to make sure no unnecessary costs are incurred. We take the burden off you so that you have more time focusing on the running of your business.
management accounting
Management accounts are key in the decision making process for a business. Management accounting allows a business to identify where problems lie and will outline where improvements can be made.We provide a number of our clients with either monthly or quarterly management accounts to help you with any improvements to the problems incurring in your business.
company formation
If you are looking to open a limited company then SH Accounting Solutions are here to help. From incorporating the company with companies house to helping you set up all of the schemes required with HMRC.
We will help you to:
Prepare the electronic incorporation of the company which is usually set up same day if done within a certain time.
Maximise your tax savings through withdrawing funds from your company.
Complete any registration procedures with HMRC.
Deal with company secretarial issues.
Help you decide on what computer hardware to buy and help with the installation of accountancy software.