Services

Bookkeeping Solutions

In the business world, bookkeeping is the record of financial transactions and is a part of the process of accounting in business. Transactions include purchases, sales, receipts, and payments. Poor bookkeeping is one of the prime reasons businesses fail. Without bookkeeping or accounting, you are blindly driving your business.

We will help you keep track of sales, purchases, payments and receipts so that you can continue your passion, running your business and concentrate on the tasks you love doing. Like most business owners, you're not so interested in recording all the details of all your financial transactions, this is where our Edge Accountants will have your back to provide you with your financial 'edge', with our qualified team (ICAEW).

Company Accounts

As well as carrying out your day-to-day bookkeeping, you also need to file your annual accounts also known as financial statements and prepare your tax returns. In some cases, the Directors of the business will also want their self assessments completed which we can also assist with. We offer a variety of accounting services for businesses, we will find the solution for you!

Company accounts are a summary of an organisation's financial activity over a 12-month period. They are prepared for Companies House and HM Revenue & Customs every year and consist of the Balance Sheet, the Profit and Loss Statement, and the Cash Flow Statement. This can be time consuming, tedious work. You may find that your time is better spent on generating profit for your company or working on other areas of the business. At Edge Accounting we are used to this kind of work, which can save both time and money for you and the business. Our expert team will be able to provide you with all the solutions your business requires to meet regulatory requirements and sound business planning from our end of year reviews.

Company Tax Returns

A company tax return (form CT600) is the document you use to report your company's profits or losses for the tax year. It's different from a Self Assessment tax return, which is for individuals rather than companies. Corporation tax can be a labyrinth for many business owners, brimming with complexities and challenges that demand meticulous attention. It's a significant part of a company's financial responsibilities, often requiring expertise beyond the basics of business management.

At Edge Accounting we are equipped to handle complex tax calculations, advise on tax efficient strategies and ensure compliance with the ever-evolving tax laws. We can advise on your business' set-up, or even act as your official agent with HMRC. What's more, our specialist tax return service can solve all your personal and company tax return problems. We'll help save you money and keep you on the right side of HMRC.

Personal Tax

Self Assessment is a system that HMRC uses to collect Income Tax. Individuals who have earned income that HMRC doesn't yet know about, such as profit from a business, usually have to report that income to HMRC in a Self Assessment tax return. The tax return shows how much an individual has earned, and from what sources, over the course of a tax year and then send it to HMRC and pay their tax bill by midnight on 31st January every year.

At Edge Accounting we have a team that is composed of highly qualified Chartered accountants. We're not just number crunchers we're advisors who take the time to understand your business and provide tailored guidance. We believe in the power of real, human interaction. You will receive personalised support from our friendly team, who are always ready to answer your questions, offer advice, and guide you through every step of the tax filing process.

Company Secretarial

Company secretarial services are an important component of business administration. Primarily concerned with corporate governance, effective administration and compliance with regulations, company secretarial services encompass a wide range of legal, ethical, and corporate responsibilities.

Edge Accounting we can take away this admin burden for you, which will give you the peace of mind to work on your passion.

Payroll Services

Payroll is the process of paying employees. It can also refer to a list of paid employees or the total amount of money paid to those employees.

Payroll is a critical function for companies, and we play a crucial role in ensuring accuracy and compliance with tax laws and regulations. By understanding the company's payroll system, calculating employee compensation and deductions, maintaining accurate records, and using payroll software, Edge Accountants can improve the efficiency and accuracy of your company's payroll.

VAT Returns

The VAT return shows the calculation of the amount of VAT due on sales minus the amount of VAT reclaimable on purchases. The result is the amount payable to HMRC. If the amount reclaimable on purchases is more than the amount due on sales, HMRC will give you the difference back.

Accounting Advice

We offer tailored ad-hoc advice to address your unique financial needs. In today's fast-paced business world, adaptability is key, and our team is here to provide flexible support to help you navigate any accounting challenge. From complex transactions to regulatory changes, we offer timely insights and practical recommendations to drive your success. With expertise across various industries and accounting disciplines, we deliver personalised solutions to empower you in achieving your financial goals. Partner with us today and unlock the potential of your business with our ad-hoc accounting advisory services.