Whittingham Accounting
Milton Keynes
(1)
Milton Keynes
(1)
The aim of Whittingham Accounting is to offer a service that you wouldn't associate with a typical Accountant. I always aim to be jargon free, not bound by the 9-5 routine and to truly understand your business. After all, I am a real person and I understand the challenges involved in running your own business.
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1 customer review
Joanne Bevan
Lucy at Whittingham Accounting guided me through what I should be keeping records of for my business. This is my first business and it's great to have someone you feel confident in and who's on the other end of the phone or email when you need them.
What kind of accounting services do you provide?
Whatever your business or individual requirements, I will work with you to ensure that the service package we put together is completely suited to you. All of my services have a few things in common:
- The same friendly face will be on hand and willing to help with as many questions
as you need to ask
- I will act on your behalf in all dealings with HMRC
- You will have access to the most suitable Accounting software for your
requirements
- Your fee will be agreed and fixed up front and spread into smaller monthly
payments
- Where applicable, I will communicate with your current Accountant and make
the transition seamless so that you don't have to worry about a thing
As each package is bespoke, I do not have a set pricing list and will provide a quotation once I understand a bit more about you and your business. However, I do understand that a guide is useful for potential clients and so you can find this information within each of the service descriptions on my website.
If you'd like find out any more about the services I offer and how I can help you, please do get in touch.
Accounts
Most businesses require a set of Accounts to be produced annually to form the basis of their Tax Return submission to HMRC. I can provide this on an annual basis or, to gain a deeper insight into your business' performance, Management Accounts can be produced on a more frequent basis.
Management Accounts
You’ll see on the About Me page that one of my main goals is to help you understand where your business is going rather than only focusing on how well it has done so far. This is where your Accounts can play a huge role. Yes, producing a set of Statutory Accounts at the end of the financial year is an HMRC requirement but, to satisfy this, a headline view is all that is needed. Management Accounts delve deeper into the detail, giving you a greater insight into how well your business is performing and allowing you to make well-informed decisions for its future.
The great thing about Management Accounts is that there is no predetermined format; they’re completely bespoke to your business and can be provided on a monthly, bi-monthly or quarterly basis, fully dependent on your needs. I can provide profit and loss analyses alongside tailored reports against key performance indicators that are valuable to you.
Pricing
As this is a bespoke service, an understanding of your requirements is needed before I can provide an accurate quotation. As a guide:
Sole Trader Accounts start at £50 per month
Limited Company Accounts start at £70 per month
Management Accounts start at £50 per preparation
These prices are fully inclusive of submissions to HMRC and access to the most suitable Accounting Software for your business.
Tax Return
Tax Return
Tax returns can seem really daunting and often have you asking so many questions like ‘when is it due?’ and ‘what expenses can I include?’. I can make the process so much simpler for you by taking care of the preparation and submission, leaving you with nothing to worry about other than running your business!
Pricing
Self Assessment Tax Return starts from £140
Business Tax Returns are included in my Accounting services.
VAT Return
VAT Return
If your turnover is more than the current VAT threshold then you may have to register for VAT. If this is the case then you will have to complete and submit a VAT return to HMRC each quarter.
I can complete this for you, calculating your VAT liability each month so that you are fully prepared when the bill inevitably arrives.
Pricing
VAT Returns start at £30 per month
Book-Keeping
Book-keeping is the process of recording the transactions that have taken place within a business, including income earned and expenses incurred which forms the vital first step in producing accurate accounts for your business.
In addition, it is a legal requirement, set out by HMRC, for every business to maintain records of all of their transactions and fines can be up to £3,000.
How Does the Process Work?
Once we have created your bespoke accounting package, I will request your records at a suitable frequency, i.e. monthly, bi-monthly, quarterly or annually. Included in my pricing is access to ReceiptBank, so all you need to do is snap a photo of your receipts, invoices and bills and they will be sent straight over to me.
Pricing
Book-Keeping services are charged at 50p per transaction, with a minimum monthly fee of £15.
