Bookkeeping

Bookkeeping - a bolt-on service when completing full accounts

Helping you make sense from accounting data

If you need to complete accounts for any purpose then you may be familiar with the look of a profit and loss statement and balance sheet. These make up the foundation of accounts and from this information tax amounts can be calculated.

Normally this process will happen once a year to complete tax returns or file accounts, however there could be reasons why you may wish to complete this process on a more regular basis. This could be for tax planning, budgeting, checking available amounts for dividend, to ensure you are collecting any outstanding amounts from your customers, or paying amounts to your suppliers on-time.

We can meet you, at your convenience, to discuss your specific needs and offer an accountancy package to suit you. We believe that accountancy should be affordable and will always quote a fixed price for the accountancy package we discuss, giving you peace of mind about the costs involved. After we have completed your work we will fully explain all the details involved in a manner that you can understand.

The service that we offer is a year round accountancy service. We pride ourselves in the communications we have with our clients, always making our clients aware of deadlines and any other matter particular to them as individuals. We will explain everything to you in a way that you can understand. We make ourselves readily available to all our clients for advice, when they need it, on all matters concerning them.

Making tax digital for income tax is planned to come into effect from April 2026 for the sole-traders and landlords with a qualifying income over £50,000. Sole-traders and landlords with a qualifying income over £30,000 would be required to join in April 2027. The requirements for Partnerships and Limited Companies will be released by HM Revenue and Customs at a later date. We use software that is readily compliant and can help you through this transition.

Some of the accountancy services we can help you with are:

• Regular bookkeeping to keep your accounts up-to-date,
• Helping you make sense of the figures in accounts to help you budget and plan for tax,
• Use software to print debtors reports so you can check who owes you money,
• Use software to print creditors reports so you can plan and pay your debts on time,
• Completing your year-end accounts,
• Calculating any amounts of tax and national insurance,
• Initiating any repayments of overpaid tax,
• Provision of VAT services,
• Provision of payroll services,
• Communicating with HM Revenue and Customs on your behalf,
• Advising on profitability, budgeting and cash flow.

Whatever your reasons for wanting regular bookkeeping - we can help you. You can telephone us on 01535 640 354 or 07582 669 144, email the office at laura.alderson@accountax-kly.co.uk, or fill in the on-line form.