As a limited company there are requirements to keep business accounts and this can be onerous and time consuming resulting in you spending less time on growing your business. Employing a full time finance professional can be expensive and your business may not yet be of a size to support this expenditure.
J Clarke & Co can offer a personal bookkeeping and accounting service that is appropriate to your business. If your business is registered for VAT we can prepare your monthly, quarterly or annual VAT returns.
We can either maintain your accounting records on our own software system or assist in determining which accounts software package is suitable for your business now and in the future.
Do you only have a detailed profit and loss account for your company at the end of the financial year when the corporation tax bill is being calculated?
Having up to date financial information during the year will assist you in making the correct decisions for developing your business.
At J Clarke & Co we will work with you to develop a timetable for a set of financial management information that we can prepare on a regular basis that suits you and your business.
Many small businesses are profitable but fail because they are cash poor. Monitoring and managing your cash flow is important at all times during your business financial year.
J Clarke & Co can assist in developing your cash flow monitoring information and give advice on how to improve it.
Dividend or Salary? J Clarke & Co can review and advise on the tax effectiveness of the profit extraction from your business.