01253 804133

services

We offer a complete range of Accounting, Taxation, Budget reporting and bookkeeping services tailored to each individual business as detailed below.

ACCOUNTS PREPARATION

Statutory requirements dictate that limited companies and limited liability partnerships (LLP’s) prepare a set of accounts, whilst for sole traders and partnerships, accounts form the basis of self-assessment tax returns.

 

Whatever the type of business, you can be assured that we will prepare the accounts in the necessary format to comply with the rules and regulations of the land ensuring that your financial statements are prepared in a timely manner.

 

BOOKKEEPING and VAT

Accurate Bookkeeping is critical to satisfy HM Revenue & Customs, but it can also be a reliable source where businesses can utilise basic information to pay creditors, recover outstanding debts and account for VAT.

 

For all small/ medium sized businesses we can provide the services to ensure compliance and provide management information tailored to suit your needs. Utilising our experience in both Sage and Excel spread sheets, dependant on the requirements of the business, you will be satisfied that the bookkeeping is an accurate account of your business.

 

VAT can be a tricky and complex area to comply to and most businesses at some time or another come across it. Whether you have to account for it from your suppliers or incorporate it in your sales we have the expertise to ensure that your VAT Returns are completed accurately and in a timely manner.

 

MANAGEMENT ACCOUNTS

Most Accountants compile the records for the year and prepare an annual set of accounts and prepare the necessary Tax computations and calculations. The trouble with this is that they are the results after the event!! Important business decisions need to be made on an on-going basis and cannot rely, or more importantly wait, until the annual accounts are prepared.

 

MLA Accountants and Bookkeepers are unique to most other Accountants as expertise has been gained from working in both Accounting Practice and Industry. This varied experience allows us to truly understand the mechanics of how a business operates and the constant outside pressures of Bank loans and overdrafts and chasing creditors.

 

Here at MLA Accountants and Bookkeepers, we can produce monthly or quarterly management accounts dependant on the needs of our customers allowing you to make more informed management decisions.

 

BUDGET AND CASH FLOW FORECASTS

At one point or another, your business may need a loan or an overdraft. To appease the Bank manager you will most likely need a Budget or a cash flow forecast. Again due to experience gained in the industry we can assist with these situations providing you with the necessary tools to help impress the Bank Manager and hopefully grant that loan/ overdraft.

 

Often business owners like to achieve certain targets and plan how they are going to get there. Our Budget and cash flow forecasting can help realise these dreams producing the necessary analysis between your actuals and targets highlighting the key indicators driving your business.

 

PAYROLL

PAYE and National insurance are complex areas that many businesses find difficult to fully understand. The impact of the new Real Time information (RTI) regulation mean businesses need to ensure that accurate and timely payroll is submitted to HM Revenue and Customs posing more compliance and pressure.

 

We can provide these services allowing you to get on with running your business. Whether you need weekly, monthly or even both, we will ensure compliance, calculate your monthly PAYE, produce Net Wages and even prepare payslips so all you have to do is pay your employees.

 

SELF ASSESSMENT INCOME TAX

As the name suggests “Self Assessment” was a Government initiative encouraging individuals to prepare their own tax returns. Unfortunately Tax still remains a complex area and most still need assistance from Accountants to help with completion.

 

In general self employed and individuals with other taxable income are required to complete a Tax Return but if you are not sure whether you are able to complete it please do not hesitate to utilise our services and we will ensure that you pay the minimum amount of tax avoiding any unnecessary penalties.

 

CORPORATION TAX

A Limited Company is treated as an individual entity and is therefore liable to tax – namely “Corporation Tax”. As well as the calculation itself a Corporation tax Return is also required to be completed and filed with HM Revenue & Customs.

 

Our services extend to completing this on your behalf ensuring you are always fully compliant.

Testimonial

Before MLA Accountants & Bookkeepers were introduced to us we were still using a manual cash book, Purchase day book and Purchase Ledger. Utilising their expertise they implemented Sage into our business and provided the necessary training saving us time and money!!!. We have been extremely pleased with all the services provided to us and would not hesitate to recommend them.

Amanda Mellor-Clark, St Annes Pier

 

Preparing our tax return for all our pensionable income was a very daunting process, especially at our age. Steve from MLA Accountants & Bookkeepers helped ease the pain of completeing the return and relived the burden from our older shoulders and his fee for preparing it was a very pleasant surprise.

Robert & Barbara

 

Before MLA Accountants & Bookkeepers were introduced to us we were still using a manual cash book, Purchase day book and Purchase Ledger. Utilising their expertise they implemented Sage into our business and provided the necessary training saving us time and money!!!. We have been extremely pleased with all the services provided to us and would not hesitate to recommend them.

Amanda Mellor-Clark, St Annes Pier