Your advice and support has been invaluable throughout this crisis period. I really appreciate it.
Book your free, no obligation discovery call today and find out
how we can help your business plan for a prosperous future.
Unless we have also agreed to carry out a bookkeeping service you will carry out all the day-to-day accounting work. This will include:
You agree to make your accounting records and related financial information available to us in line with the request we will make on or around your year-end date. You recognise that a failure to do so could have an impact on the price or the speed of our work.
Even if we have not directly requested it, you agree to disclose to us in full any information that is relevant to the accounts and may have a bearing on the financial position of the company. You also agree to make available to us minutes of management, directors and shareholders meetings.
You will approve and sign the accounts electronically via our portal thereby acknowledging responsibility for them and confirming to us that you have reviewed them, including providing us with all information and explanations necessary for their preparation. approved them and provide authorisation to submit to Companies House and HM Revenue and Customs.
The accounts need to be completed before your tax return is submitted. Failure to submit the tax return on time will result in penalties. To avoid this you agree to let us have your accounting records by 31 August each year. You also agree to promptly answer any queries that we raise. You understand that we will not be responsible for any late filing penalties where we do not receive the accounting records or responses from you in accord with this paragraph.
We have a professional responsibility to not allow our name to be associated with accounts that we believe may be misleading. We are not required to search for such matters, but if we become aware that information in the accounts may be misleading we will discuss this with you so that appropriate adjustments or disclosures can be made. Where the adjustments or disclosures we consider appropriate are not made and we consider that the accounts remain misleading, we will withdraw from the engagement. In these circumstances you agree that we have a right to invoice you for our time spent preparing and discussing the accounts with you as well as time spent on any other work that is not completed as part of our resignation.
To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than you for our work or for the report. If you wish, or are asked, to provide a copy of the accounts to a third party you must seek our consent before you do this. You are not entitled to disclose our work to a third party without our express permission. We may grant consent subject to certain conditions which you must comply with. In every situation where we do grant consent you agree to ensure that the report remains attached to the accounts shown to the third party.
You are responsible for the following general business and financial matters:
We will prepare the period-end accounts for your approval based on the accounting records you maintain. We will also rely on any information and explanations you give us.
We have a professional duty to prepare accounts that conform to generally accepted accounting principles and will prepare your accounts on that basis and to meet the purpose of the accounts detailed above.
We will write to you on or around your year-end date to request the information and records we will need to prepare the accounts.
We will not be carrying out an audit on the accounts. This means that we will not produce a report that verifies the assets, liabilities, income or expenditure of your business. To carry out an audit would require us to carry out considerable additional work complying with Auditing Standards.
We will include a report in the accounts. This report will point out that we have not carried out an audit, but have compiled the accounts from the accounting records and information and explanations supplied to us.
We would like to emphasise that we cannot undertake to discover any shortcomings in your systems or any irregularities on the part of your employees. However we will advise you if we come across anything of this nature in the course of preparing the accounts.
Your advice and support has been invaluable throughout this crisis period. I really appreciate it.
I have worked with Richard for about 8 years and I couldn’t be happier with the level of service and commitment to the success of our business shown by him and his team. Richard is forward thinking and their desire to ‘go beyond’ and combine the accounting work with an appetite to assist in the success of our business is extremely valuable. I look forward to what the next chapter brings.
The team has been great at helping us get to grips with our income, expenditure and future expectations. This has supported us make decisions about the strategic direction of the business. I would highly recommend ‘Accounting & beyond’.
We met with Richard early on in our start-up journey and it’s been great working with him and the team. They are really keen to know what we’re doing and where we’re going and that’s not just about the numbers. We’ve been working with them to define what’s the best way forward and how we can maximise our sales and grow. Looking forward to seeing what the next few months bring!