Workspace
Accounting
Our Finance Director has been providing bookkeeping and management accounting services for over 25 years to small and medium sized companies. Contact us today on 01243 771304 or by e-mail/form for a bespoke quote regarding your specific accountancy and bookkeeping requirements and keep all your virtual office services under one safe and reliable roof.
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Our Finance Director and dedicated bookkeepers have been providing a service for many years and have acquired experience in bookkeeping, VAT, payroll, management accounts, year end accounts and auditing.
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Our philosophy is to provide a highly professional service at an affordable price and we look forward to servicing you.
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Accountancy
Aged creditors report | Aged debtors report | Bank reconciliation | PAYE/NIC control account | Net wages control account | Petty cash control account | Cash control account | Credit card reconciled | VAT control account | Directors loan account | Trial balance | Prepayments and accruals | Preparation of the profit & loss account (monthly or quarterly) | Completion of the year end accounts ready for submission to your auditor | Sage – installing and setting up a new company account on sage editing to customise the chart of accounts, budgets, contribution to profits etc…
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Bookkeeping
All purchase invoices are coded and posted to Sage | Payments posted via purchase book, nominal ledger, bank, online | Aged creditors report produced and verified with suppliers statements | All sales invoices are coded and entered to Sage | All bankings are posted (via the sales day book, via the nominal ledger bank receipts and online) | Aged debtors report produced and discussed with director for debt chasing | Bank accounts reconciled | All petty cash entered | All credit card payments are entered
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VAT
Your VAT taxable turnover is the total of sales and certain other supplies you make that are subject to VAT, including supplies that are zero-rated. If you sell goods or services that are exempt from VAT they’re not subject to VAT and so they’re not part of your VAT taxable turnover. We will advise you of what bookkeeping records we will require in order to process and complete the VAT returns.
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Completing the VAT returns for submission to HM Revenue & Customs | Transferring the input and output vat to the control account at the end of each quarter | Preparing a VAT control account | Meeting and dealing with HM Revenue & Customs on any VAT matter | General advice
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PAYE
Payroll process weekly or monthly | Provide payslips standard or edited to record notes | Produce monthly PAYE/NIC report due for payment each month | Statutory sick pay and Statutory maternity pay calculations | General advice | Journal preparation for insertion of payroll information | Prepare the PAYE/NIC control account | Prepare the net wages control account | Produce the necessary P45 during the year | Provide any P46 for new employees without a P45 | Complete the P35 at the end of the tax year | Meeting and dealing with HM Revenue & Customs on any payroll matter
Let's Work Together
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Self-assessment tax returns
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Payroll
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VAT returns
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Annual accounts
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Management accounts
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Company statutory accounts
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Corporation tax returns
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01243 771304
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enquiries@
workspacechichester.co.uk