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Andromeda Accounts Limited logo
A

Andromeda Accounts Limited

London, Greater London, London

(1)
1 hire on Bark
Andromeda Accounts Limited logo
A

Andromeda Accounts Limited

London, Greater London, London

(1)
1 hire on Bark

About

Andromeda Accounts Limited is a single owner managed business, providing bookkeeping , accountancy and taxation services to small businesses.

The Company provides the following services:

Bookkeeping and VAT
Management accounts and financial statement production
Self assessment
Process improvement and redesign

Reviews (1)

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P
22 February 2019

Excellent, responsive and pro active

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Q&A

Bookkeeping and VAT:

We offer a range of bookkeeping solutions to ensure that your books and records are accurate and up to date. We can provide this service on flexible basis, but usually clients will choose to maintain their records on a monthly or weekly basis as this can reduce the amount of administrative burden at the end of the financial year. We also file VAT returns if you are registered for VAT.

Management accounts and financial statement production:

Having up to date financial information is key to understanding the underlying financial health of your business. Knowing where your core cost drivers and revenue generators are will be essential in driving further growth to your business. Andromeda Accounts can provide management accounts tailored to your specific needs. We are also trained in International Financial Reporting Standards (‘IFRS’) and New UK GAAP (‘FRS102’), so we can take ownership of your year-end reporting obligations to Companies House.

Self assessment:

Andromeda Accounts offers a comprehensive service for clients who require assistance with filing their annual tax return. This is normally done through the Government Gateway Portal. All documentation sent to HMRC will have supporting schedules which will be supplied to you and commentary will be provided so that you can understand your financial position.

Process improvement and redesign:

When a business is experiencing a phase of growth, operational and accounting processes can sometimes suffer from growing pains because they are no longer effective at handling the additional volume. Andromeda can help with the assessment of processes that require overhauling and can recommend improvements to reduce processing times, improve transparency and accuracy of reporting. We have recommended and provided assistance on a wide range of issues, ranging from automation of accounting entries, to accounting system design and implementation. Large scale implementations are also tested vigorously to ensure minimal disruption to the business.

Any accountant can ensure that your Company's corporate compliance affairs are taken care of. However, a great accountant will be able to find areas of continual improvement for your business. This can range from improved processes to control the handling of stock to finding alternative methods to boost revenue. Think of them as change agents. A great accountant will be able to keep an open mind about the direction of the Company's strategy and harness modern day technology to facilitate change.

Find more efficient ways of doing things. I once helped with the implementation of a new accounting system, which took 3 months to do. Throughout that project, there was a lot of data to process, and I was required to learn how to use a new piece of accounting software from scratch and become a superuser. The challenge was fantastic, and the project was finished to a high standard.

Having spent the best part of a decade in the City of London, I wish to focus my energy on building an accountancy business that gives back to the local community. My vision is to be able to create affordable accountancy and taxation services to local clubs and businesses to enable them to thrive, and grow organically.

At Andromeda Accounts, we like to keep things simple, transparent and easy to understand. We understand that running a business requires time and effort therefore take a genuine interest in your affairs. We pride ourselves on staying proactive with our clients and ensuring that they receive an unparalleled service, regardless of size.