One of our most popular services is the preparation of annual accounts for Sole traders, Partnerships, Limited companies and LLPs as well as other bodies including clubs, charities and trusts. Our experienced team will relieve you of the regulatory burden of preparing accounts, ensuring that financial statements are prepared in a timely and concise manner, in accordance with Generally Accepted Accounting Principles.
Though some business owners conventionally view audits as a necessary but frustrating ‘cost’ to their business, here at Rawcliffe & Co we strive to transform the audit into a service which adds value to your business. During our audit procedures, we conduct a review of your financial and managerial internal control systems and can therefore identify problematic or vulnerable areas and suggest opportunities and solutions for your business.
Aside from the fact that clear and concise business records must be kept in case of a visit from HM Revenue and Customs, the fact is that reliable and accurate bookkeeping is essential for the smooth running of your business. Our team of highly trained staff will provide a complete in-house service tailored to your needs or if you prefer we can arrange for one of our team to visit your premises on a quarterly, monthly or even weekly basis to suit your requirements.
If you feel your business is struggling, having cash flow problems, difficulties paying creditors or you are concerned about personal guarantees within the business we can offer expert help, together with our associates in insolvency and our in-house Financial Services team, to can put your mind at ease.
CLOUD ACCOUNTING SOLUTIONS
Rawcliffe & Co have partnered with Xero to deliver an unparalleled level of excellence in Cloud Accounting. Choosing this service will enable you to run your business and access your accounts from any device through the Xero software and Apps. To comply with Making Tax Digital you will need to move over to cloud accounting software if you have not already. Rawcliffe’s are certified in Xero Migration as well as having in house Making Tax Digital Specialists enabling us to fully support you during the transition process.
These services include; Company formation, advising you of your responsibilities as company directors, maintaining your statutory Registers, producing and maintaining your statutory minutes, acting as the company’s Registered Office, advising on the appropriate procedures to change the officers of the company, filing your Annual Return with Companies House and dissolving the company.
Through Drop Box Business we can offer you the opportunity to access a complete history of your Year End Accounts and Tax Returns via this Super Secure Cloud based service. In addition you can instantly upload any of your bookkeeping documents or other files at the click of a button.
Our in-house services in partnership with the North West Group offers fully authorised advice on pensions, Investments & Savings, Inheritance Tax planning, Insurance & Protection as well as an end to end Auto-Enrolment Service.
LIMITED COMPANY FORMATIONS
We are able to incorporate companies electronically within a time frame of just 24 hours.In forming your company, a Certificate of Incorporation will be generated – this will detail your new company number and date of incorporation. The Memorandum and Articles of Association will also be produced, which basically summarise the legalities of your status as a limited company. Following incorporation, we will register the new company for corporation tax and, where applicable, PAYE and VAT.
MANAGEMENT ACCOUNTS & FINANCIAL FORECASTING
When we prepare management accounts, we will arrange a meeting with you during which we can highlight trends in sales, overheads and consequently profits. With accurate and reliable information, we can prepare budgets, cash flow and financial forecasts which give your business something to aim towards.
Our complete payroll package covers; issue of payslips and envelopes, provision of a monthly/weekly payroll summary, payment of wages directly into your employees’ bank accounts by BACS transfer, completion and maintenance of SSP and SMP/SPP records, provision of advice on general employment matters, completion and submission of all payroll forms during the year and completion of Forms P11D Benefits in Kind.
R&D TAX RELIEF CLAIMS
Research & Development Tax Relief is there to encourage investment in innovation and is available to companies from almost any industry who are making scientific and technological advances. Companies who meet the criteria are able to reduce their corporation tax liability by an amount equal to a percentage of the company’s eligible R&D expenditure. We can check whether any of the projects your business is developing meet the R&D Tax relief criteria and help you with the process of claiming.
It may seem daunting to keep apace of the constant shifts in tax legislation. However, our team of proactive and creative-thinking advisors can offer a full range of taxation services, helping our clients to make considerable tax savings and ease this administrative burden.
Tax planning might seem like a mine-field. However, the best tax planning advice involves our clients paying the minimum amount of tax within the bounds of legislation, at the correct time and through the appropriate mechanisms. Our qualified Tax Adviser can off expert knowledge that allows the best outcomes for you and your business.
Rawcliffe & Co offer a comprehensive VAT service that delivers accurate and up-to-date advice to ensure you remain compliant with current regulations. For those clients who utilise our bookkeeping services, the VAT advice and function is included within the overall cost, where applicable.
Watch our short Explainer Video to find out more..