Finance – Small
Business Accounting Services
Accounting & Bookkeeping Services for Small Businesses
Financial wellness is critical to your business, which is why Designated is here to offer a wide range of small business accounting services.
Are you ready to take control of your finances, improve tax efficiency and drive business growth? Our experienced finance team will help you with the management of all aspects of small business accounting services, so you can focus on growing your business. We are proud to be your trusted chartered accountants in London and beyond, offering a range of financial online accounting services tailored to meet your business needs.
Our team of accountants and bookkeepers will work with you, on a flexible basis, throughout the year, providing you with regular financial updates, advising you, and supporting sole traders, LLP’s and Limited Companies alike with our comprehensive accounting packages. We are specialists working with small businesses, medium-sized enterprises and entrepreneurs to make wise business decisions. Designated is a Xero Partner and ALL members of our finance team are Xero certified advisors along with 2 Chartered Accountants we have a solution for all, our aim is simple, its to deliver you the best financial support.
Do you find yourself asking these questions?
- How much will my tax liability be?
- How much can my company pay into a pension?
- How can I be more tax efficient?
- What is my turnover vs profit?
- Am I managing payroll in the most effective way?
If so, then our accounting services are the ideal solution and offer a seamless transition from your current accountant.
Read about our services in our Accountancy brochure.
Flexible Accountancy Services
Monthly Management Reports
Your Designated accountants will produce a monthly management report for you, giving you all the information that you need to review your balance sheet and financial performance and identify issues at the earliest opportunity. You will easily be able to review profitability and cash flow and ensure that key measures such as aged debt are under control – promoting long-term financial stability and allowing maximum tax planning.
Payroll
Your accounting team offers payroll services management for your employees in a cost-effective manner, with services including management of your HMRC responsibilities and pension.
The key to successful financial management is establishing good processes using the right systems and the use of efficient accounting and bookkeeping software.
Annual Statutory Accounts
Your dedicated accountants will produce your annual accounts, handle your Statutory Accounts and Corporation Tax Computations, and submit them in a professional and easy-to-understand format.. The process will be easy as all the hard work has been done in a timely manner throughout the year.
Self Assessment Tax Return
Let us take care of your personal tax and ensure all efficiencies are met.
Virtual bookkeeping services
When you are running a company, your goal is to run your business as profitably as possible. This means you need accurately recorded financial books to guide you along the way, and our business accountants in London and beyond are here to help you achieve that
Bookkeeping is an essential part of running any business. Our bookkeeping services help small business business owners prepare accurate financial statements, keep track of cash flow, and help you to plan for the future.
It is important not to confuse bookkeeping with accounting, which is quite a different field.
Management of services
Our team of professional qualified accountants and bookkeepers will keep your business finances up to date on a weekly basis, ensuring your suppliers are paid on time and all items of expenditure, including your travel and expense receipts, are collated, and included. Our experience is that many companies forget to include numerous expenses and implementing easy processes ensures this is avoided, therefore saving you money and ensuring that your financial records are compliant with HMRC requirements.
We will manage:
- Accounts receivable
- Accounts payable
- Bank reconciliation
- Cash flow analysis
- VAT returns
Secure your complimentary financial health check?
Your Designated accountants will invest time to understand your personal situation and business type and provide you with insightful financial information and advice. There is no obligation to use our finance services. However, our team will offer expert advice and discuss how Designated can support you with the next steps to improve your financial health. We ensure our clients receive the best possible service and support for their accounting needs, and our accountant cost is transparent: a straightforward monthly fee with no hidden charges.
Get in touch and start your conversation today