SERVICES

We offer more than an accounting service. The common element shared by our range of services, as listed below, is their relevance to a particular client’s requirements.

 

Our philosophy is based on satisfying your overall business and financial needs. Most people starting up in business in the East London area do so because they have a good business proposition and the enterprise and commitment to see it through.

Most of them are not experts in the legal and financial aspects of running a business and such matters can appear daunting. Fortunately, you do not need to be an expert in these fields to succeed in business, but you do need the support of a team of trained experts.

Business start-up

Just bring us your business ideas and we will help you to make them a reality!

We will help you to:

 

  • decide on the most suitable structure for your business – sole trader, partnership, limited liability partnership or limited company
  • prepare a business plan, cash flow projections, budgets, and trading forecasts
  • assess the finance requirements, advise on the best sources of finance and draw up the necessary proposals
  • complete any registration procedures with Companies House and HMRC
  • set up a recording system for your internal use and for complying with statutory requirements
  • keep on top of bookkeeping, VAT, payroll and other accounting requirements and
  • help with all aspects of business compliance and administration

Accountancy

We can prepare accounts for sole traders, partnerships, limited companies and charities. With the aim of adding value to your business entities, the preparation of the annual accounts gives us the opportunity to

 

  • Review financial and management systems
  • Identify problem areas: strength, weakness, opportunities and threats
  • Recommend improvements to your business, as well as help you implement agreed solutions.
  • Compile with statutory requirement

BOOKKEEPING SERVICES

We offer a secure, reliable, accurate and timely bookkeeping service. We use popular financial packages such as Sage to produce the highest standard of work; removing the stress of meeting accounting deadlines, and letting you get on with business. You can about outsourcing your accounting functions, like

 

  • Keeping proper records
  • VAT returns
  • Bank reconciliation
  • Payroll administration
  • Advice and training

MANAGEMENT ACCOUNTS

Obtaining regular reliable management information is vital to the continued success of any business. Let us work closely with you to get to know your business so we can make suggestions to help improve profits or to develop and grow your business. We can prepare your monthly or quarterly management accounts to ensure you always have reliable and accurate information on which to base your business decisions.

 

• Business plans and cash flows

• Business start-up planning and advice

• Monthly and quarterly accounts with narratives

Taxation

• Self-assessment tax returns
• Capital gains tax
• CIS refund
• Corporate tax
• Inheritance tax
• HM Revenue and Customs enquiries and investigations
• PAYE and National Insurance compliance
• Personal tax
• Tax planning

VAT

Ever changing regulations and the growing demands of HMRC mean VAT compliance can be a difficult administrative process. We can help to ensure that you comply with the regulations and that overpayments are not made. To help you manage this complex area, we provide an efficient, cost-effective VAT service, which includes:

  • We can act as your VAT agent and providing a UK address as a point of contact for HM     Revenue & Customs.
  • We will advise you when VAT returns are due for submission.
  • Calculation your quarterly VAT returns preparation and submit on your behalf.
  • Attending VAT visits
  • Dealing with H M Revenue & Customs on your behalf.

payroll

Citygate Accountants offers a comprehensive package for small and medium-sized companies.
Payroll functions such as

 

  • Producing monthly and weekly payslips
  • PAYE
  • P45 management
  • Processing new starters and leavers
  • Calculating Pensions and benefits
  • Liaison with your Tax office
  • Attending PAYE visits
  • Telephone or e-mail enquiry service for your staff

Company Secretarial Services

New business can find the information on formation process overwhelming. We are here to make sense of it all and helping you to be up and running with your company in the shortest time possible.

 

  • Company formation
  • Company limited by shares
  • Company limited by guarantee o Community Interest Company (CIC)
  • Registration of charities
  • Preparation and filing of statutory returns
  • Preparation of all documentation related to Minutes and Resolutions
  • Company search
  • Maintenance of statutory books
  • General advice on company law

Compliance services

We provide a range of compliance services to support all aspects of business administration. We can help you by making sure accounts are prepared in the correct format, statutory books and other company secretarial records are kept up-to-date and that all statutory returns are prepared. Our experienced team will relieve you of the regulatory burden and leave you more time to concentrate on your core business activities. In short, we will make sure everything is in the right format, in the right place and at the right time.

 

Our range of compliance services includes:

  • annual accounts
  • company secretarial services
  • payroll procedures including Real Time Information and Pensions Auto Enrolment compliance
  • tax returns

HMRC Investigations and Enquiries

Being the subject of a tax investigation or enquiry by HMRC can be a stressful and worrying experience. We have a wealth of experience in dealing with HMRC investigations, whether they are enquiries into an individual’s Tax Return, more detailed enquiries into a company’s affairs or employer-related investigations into PAYE and P11d compliance. If you the subject of an investing provide expert help and support. Please feel free to contact us regarding any of our services. We offer free initial consultation.