Service 01
Accounts
At Sandwell Accountancy Services, we prepare the accounts for both sole traders and partnerships, including other incorporated and unincorporated enterprises
What we do for you
At Sandwell Accountancy Services, we prepare the accounts for both sole traders and partnerships, including other unincorporated enterprises. We also offer account preparation and audits for small and medium sized companies. Our family-run firm is based in the Black Country and services clients across Birmingham and the West Midlands.
What's included
How it works
- 01 A first conversation, free of charge We talk through how you trade, how you keep your records, and whether you are a soler trader, partnership, charity or limited company. You leave knowing what we would do and what it would cost.
- 02 Getting set up You authorise us to deal with HMRC on your behalf. We agree what we need from you and when, and we work from your existing bookkeeping records so nothing has to be typed twice.
- 03 Every year We prepare your accounts from your records, reconcile it, and query anything that looks wrong while it is still easy to put right. You see the figures and approve them before anything is filed.
- 04 Filing Once you have approved the accounts we file them digitally, tell you what is due and when, and remind you before the deadline rather than after it.
- 05 The rest of the year HMRC queries, checks and changes to the rules come to us first. If something affects you, we tell you what it means in plain English.
More about this service
What is the Importance of Business Accounting?
Business accounting is the recording, analysing, studying and presenting of financial data. It helps an organisation keep track of their finances and shows where they can make better decisions to boost the bottom line. A professional business accountant helps business owners make intelligent decisions with their money and ensures they meet compliance obligations. While many small businesses take on the accounts themselves in the early stages to save money, business accounting is worth the investment, helping to take a company to the next level.
Business Accounting Basics
Whether you run a small start-up or large organisation, having a firm understanding of accounting is necessary to keep things running smoothly. Without a clear financial picture, it can be hard to move forwards. Here’s what you need to know about business accounting:
Annual tax returns
A tax return is where you declare your annual profits and income to HMRC and work out any tax owed. Failure to submit on time can incur penalties. As a busy company owner, it makes sense to use a business accountant who can ensure all information is submitted on time and correctly.
Bookkeeping
Bookkeeping is the process of keeping track of the financial activities of a company. A professional accountant can balance the books weekly or monthly, ensuring that all transactions are correct.
Payroll
Payroll services determine staff wages, updates holiday and sick pay and works out payments for employee contributed benefits. Because As this can be complicated, many owners use an experienced business accountant to take care of it for them.
VAT returns
VAT returns calculate how much you owe HMRC and what you can reclaim for business purchases. An accountant will make sure this is done accurately and on-time, so you comply with UK VAT law.
Financial planning
Whether you’re a start-up or business looking to move up, financial planning services are guaranteed help. A financial planner will guide you through important financial decisions and help you meet short and long term goals.
Why is It Important to Use a Business Accountant?
Business accountants can save you time and money. Doing the books, completing VAT returns and keeping control of the finances is a chore. Time spent doing these jobs takes an owner away from important tasks such as business development, marketing and sales growth. A professional accountant can take over these tasks for you and work out where you can make more money and save money, while staying compliant with HMRC.
Professional and Personal Service for Every Client
Based in the Black Country and servicing Birmingham and the West Midlands, Sandwell Accountancy Services provides each and every client with a personal accounts preparation service at highly reasonable rates. During your free intake appointment, we will examine your accounts and provide useful, practical advice based on your needs. We strive to ensure that you know what your finances are doing and make sure your taxes are always accurate and relevant. With 53 years of industry experience, you can rely on us for expert advice and complete accuracy every time.
Use Sandwell Accountancy Services for Your Business Accounting Needs
We are trusted local accountants in Birmingham. Established in 1973 as part of another company, we have built up a stellar reputation over the years as one of the best accounting firms in the West Midlands. Our business accountants are fully certified and offer a personal touch, alongside accurate, expert advice. Regardless of the size of your business – we can help. Call us today on 01384 569 197 or email to book a no-obligation chat.
If you need help with your accounts, contact one of our accountants today.
Give us a call on 01384 569 197 to discuss how we can help you.