Prevail Accountancy Ltd

About

Every organization must be in control of its costs, profits and cash flow all the time. Prevail Accountancy will help you to organise and control business processes and costs allocated to them.

We will help you with:

Effective cost control - We base our work on continuous improvement. We will help you define processes within your organization and allocate costs to activities within those processes, define key performance indicators for activities and measure them.


Waste removal - Cost control will allow your organization to spot unnecessary costs and maybe even possible sources of income?

Cash flow management - It is very nice to see a nice profit on Profit and loss account but if there is no cash in a bank we can make a nice paper decoration on the wall!

Why? Cash flow differs from Profit and loss. We may have £40 000 of profit and £0 cash due to customers who haven’t paid yet. You may also be due to pay bills and have no money. It will decrease you credibility.

We will prepare up to date cash flow and prepare forecast for next months to keep your organization in good balance. That will protect your organization against over spending.


Variance analysis - As a company it would be perfect to get it right first time always and ever!

But there are mistakes, no one is perfect and by continues improvement your company will decrease those differences.
We will prepare variance analysis that will help you be in control of business process improvement.

Profit or loss?? - It is crucial to know at any time whether your organization made a loss or profit.
Can the sale margin cover all overheads? Do you know a brake even point for your organization?

We will prepare up to date monthly profit and loss account or as your requirements are.
We will also prepare budget and keep control over the budget.

Compliance - All above information will help you with Tax planning and keep you up to date with information regarding profits.

We offer tax advice and planning for your organization, prepare VAT, payroll, tax and capital allowances computations and statutory accounts.
End of year accounts will be expected, controlled and …no more surprises.

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