Business Services
- Company Secretarial
Company Secretarial
Compliance with all required returns and submissions to Companies House can be an onerous responsibility for all corporate entities. We can provide a Company Secretarial service dealing with all aspects required from incorporation to annual compliance and dissolution.
- Formation of companies
- Maintaining statutory records
- Electronic filing of forms and return at Companies House
- •Dissolution of a company
- Business Start Up
Business Start Up
We assist in preparing business plans, cash-flows and projections for new projects and can advise you on the appropriate type of funding for your new enterprise. In addition we will prepare cashflow projections for your business which will enable you to establish funding requirements and critical factors/times for your projected funding, together with systems to review, record and compare subsequent actual performance
- Considering setting up your own business
- We can advise you on all the tax implications
- The structure of your business as a sole trade, Partnership Company or LLP
- Where to get additional advice and support
- What records to keep and what form to keep them in, manual or electronic
- Strategic Planning
Strategic Planning
Whether you want to expand your business or simply to become more profitable, it is all too easy for you to become too close to the business. If you are working in the business all the time, you may find it hard to step back and review exactly how it is running. At Paul Axcell we provide you with a professional objective view of your business. This will include a view of where your business is at the moment, realistic forecast for the future and a strategic plan to achieve these.
- Business expansion, how do you make your business grow?
- Business succession, who will succeed you and how do you get the value out of your business at the end
- Retirement, making provisions for income in old age
Accountancy
- Accountancy
Accountancy
As a Chartered Accountancy practice and prepare annual accounts for various purposes on behalf of sole traders, partnerships, companies and other organisations. The majority of these are prepared on an annual basis and some are prepared and presented to tight deadlines. In general these accounts will form the basis of Income Tax returns and in the case of corporate entities the basis of accounts on which the audit and subsequent publication of the accounts will be based.
- Preparation of accounts for Sole Traders, Partnerships and Limited Companies for tax purposes or for interim management information
- Assistance with the installation of accounting software
- Payroll
Payroll
We currently undertake payroll computation together with completion of monthly (P30) and annual returns (P35) for a variety of clients. Those services are provided in some instances because the client does not have the in-house expertise to produce the payroll and in other instances we are requested to undertake an executive payroll function. The executive payroll function fulfils a need for confidentiality on behalf of clients as they wish to restrict access to remuneration levels of executives within the organisation.
Current payrolls are based on a number of payment periods including weekly, fortnightly and monthly
- Processing payroll calculations, weekly, fortnightly, 4 weekly or monthly
- National Minimum wage advice
- Calculating entitlements to Statutory Sick Pay or Maternity Pay
- Calculating monthly or quarterly PAYE liabilities
- Employee starters and leavers and form P46 and P46
- Completing payroll year end returns, forms P60 and P11D
- Filing returns and form s electronically with H. M. Revenue and Customs
- Bookkeeping
Bookkeeping
The firm currently undertakes bookkeeping assignments for a number and variety of clients. The records produced are dependant on the client’s requirements which in some instances are as simple as producing records on which VAT returns can be based and then submitted to HM Revenue and Customs. In other instances the assignment will involve bookkeeping in respect of all aspects of the client’s records (Bank, Cash, Purchase Invoices, Suppliers accounts, Sales Invoices and Customers accounts). In these cases the records will form the basis of interim and annual reporting functions and provide the Nominal Ledger and Trial Balances upon which the accounts will be substantially based.
- Completion of VAT Returns
- Writing up core accounting records
- Processing of sales and purchase invoices
- Assistance with credit control and cash collection and payment of invoices
- Preparation of management accounts
- Setting up of electronic bookkeeping systems such as Sage, Tas and Quick Books
Taxation
- Taxation Services
Taxation
Paul Axcell provides a professional, personalised client service to meet all our clients’ compliance, tax planning and consultancy requirements.
We ensure our clients are well advised in tax matters relating to their businesses and other tax related decisions and transactions across all tax heads and positioned to minimise their tax exposure while maximising the use of tax reliefs and appropriate tax shelters.
- Completing Personal and Partnership Self Assessment Returns
- Completing Company Corporation Tax Returns
- Advice on minimising tax liabilities – tax planning
- Assistance in completion of tax credits forms
Financial News
- Obama: EU 'must focus on growth'
- Sun, 20 May 2012 06:09:32 GMT - US President Obama wraps up a G8 summit saying that leaders agree economies must focus on jobs and growth to boost recovery.
- Balls warns of cuts 'catastrophe'
- Sun, 20 May 2012 10:21:05 GMT - Labour's Ed Balls warns the world economy faces a "catastrophe" unless Germany abandons pressure on eurozone countries to cut public spending.