We will prepare your accounts timely and efficiently. You will have a dedicated, partner-led team assigned to your business and we will discuss your accounts with you in plain English to ensure that you can make informed decisions about the future of your business.
Most importantly, the breadth of knowledge and skills within the practice can provide any additional support and advice. For example, we have a specialist tax department which can advise on complex tax issues or we could provide advice on bookkeeping or software training to maximise the benefits of your accounting software package. We can provide all-around support wherever your business needs it.
Let our accounts team prepare your..
Sole Trader Accounts
Accounts for Limited Companies
All businesses needs accurate and reliable accounting but if you are a limited company you have certain things you need to do by law. For example your accounts should be put together by a Chartered Accountant and your paperwork submitted to Companies House annually. Your company will also be subject to Corporation Tax, something that is calculated differently to self assessment tax.
Speak to us about your Corporation Tax liability today.
Let our accounts and tax teams help with..
Accounts for Limited Companies
Corporation Tax Calculation
Accounts Submitted to Companies House
Working closely with our clients to meet their audit requirements to agreed timescales, our Audit team will seek every opportunity to add value to the audit process whilst meeting statutory obligations and keeping costs to a minimum. We are registered and licensed to carry out audit work with ICAEW.
If your business is required to have an audit, either for statutory reasons or to satisfy banks or contractual parties, you need to know that it will be carried out in a professional manner with as little disruption to your day to day business as possible.
Our team will evaluate all relevant aspects of your business and provide feedback on the effectiveness of your systems and controls. We will complete the job to agreed timescales and to the highest standards. Our procedures are subject to regular external reviews and our team is skilled and experienced.
Let our Audit team prepare your..
Keeping on top of your books is absolutely essential for any business. You will save money in accountancy costs by presenting complete books to your accountant at your year-end and you will avoid potential HMRC late payment fines.
In addition, regular attention to your books will highlight issues such as poor cash flow and bad debtors before they escalate into major problems. To help you keep control of your costs we offer a fixed price structure for our bookkeeping and VAT return preparation services.
Knowledge and Skill
Most importantly, the breadth of knowledge and skills within the practice can provide any additional support and advice. For example, we have a specialist tax department which can advise on complex tax issues or we could provide advice on bookkeeping or software training to maximise the benefits of your accounting software package.
Sage Products and Services
As experts in Sage Accounting Software, we were the first accountancy practice in the North West to join the Sage Accredited Accountant Partner Programme. We can supply Sage products at exclusive prices backed up by expert professional advice.
With the help of your professional advisor at DonnellyBentley, by taking the time to get to know the business behind your numbers, we can help you spot trends, develop KPI’s and keep your finger on the pulse to drive your business forward,
Management accounts are the best way to keep track of the financial health of your business and, most importantly, its profits.
Taking stock of your business’s current situation will allow you to introduce strategic changes in good time to minimise your tax payments and maximise your post-tax income.
Financing your business
Whether you are looking to increase your overdraft or seeking finance for a new project your bank manager will be more supportive of your plans if you are able to provide regular, up to date accounts.
Buying new plant, equipment or vehicles
If you are thinking of making capital purchases, the timing can be very important. Tax allowances for capital purchases can vary significantly and may also be affected by the specification of the vehicle or equipment you buy. Reviewing your management accounts with your professional advisor will provide the opportunity to discuss your plans and optimise your decisions from a tax perspective.
Taking professional advice prior to your year-end will mean that you have more options available to you to maximise your personal income from the business depending on your business status. If you are self-employed you simply pay tax on profits regardless of the amount you pay yourself. As a Limited company, your directors and shareholders pay tax on the salary or dividends they take. Dividends, however, do not attract a National Insurance charge. Don’t leave it too late and miss out on year-end planning opportunities.