Services

time, book, paper-4270427.jpg

Book-keeping

Are you feeling buried in book-keeping, wishing you could do something better with your time? Do you worry that you're not coding transactions correctly in your accounts making year-end filing more complex and costly or VAT returns incorrect leading to under-recovery of VAT on purchases or exposure to liabilities and penalties if you get a VAT inspection? We can take the stress out of maintaining your records so you can get on with what you do best. All you need to do is send us your invoices for processing either as physical documents, scan and e-mail or even take a photo and upload via the Xero app.


We’re certified Xero advisors that can help you get the most from your accounting system to effectively manage your business

Why we choose to work with Xero

Cloud accounting enables access from anywhere you can get an internet connection and enable us to have real-time access to your information to assist with queries in a timely manner and keep everything up-to-date and accurate as a sound basis for decision making.

Direct feeds from most UK banks ensure that all transactions are recorded and up-to-date giving you great visibility for effective cashflow and credit control. If a direct feed isn’t possible, we’ll upload your transactions weekly – all you need to do is send us a download from your online banking.

We recommend Xero because it is continually being developed to offer new functionality and respond to changes in financial reporting requirements. It integrates with a whole range of other apps and systems to enable more efficient, accurate integration and help you build your business.

If you’re not already using Xero then we’d be happy to help you get started and migrate your records across from your existing system. We can offer you support and training at every step of the journey.

Accounting Services

We prepare annual accounts for small companies for filing with Companies House and HMRC in line with FRS105 and FRS102 (1a). We also prepare accounts for sole traders and partnerships for reporting self-assessment income.

But we do more than just prepare your year-end accounts - we ensure your day-to-day records are updated to reflect the information filed with Companies House and that liabilities for payroll, VAT and CIS are reconciled. We can advise on accounting treatments and ways to do things better. We take the time to talk you through the accounts and what they mean and raise any issues or observations with you. For companies, we also provide company secretarial services including annual confirmation statement filing and form submissions to Companies House required to record changes in the company structure and shareholdings.

Tax Advisory

Nobody likes paying tax and we believe you shouldn't be paying any more than you need to. We prepare annual tax filing for individuals, partnerships and companies. We will advise you on claiming any available benefits and reliefs as well as tax efficient ways to structure or extract funds from your business. We can evaluate potential tax liabilities arising from life or business events to help you make the best decisions and be prepared. We recognise the benefit of knowing your tax liabilities as early as possible to allow time to put aside funds, particularly at this time when many are struggling with the effects of Covid, Brexit and now the energy crisis.

Payroll, CIS and VAT Reporting

We can take care of all your filing requirements for payroll, CIS and VAT making sure your tax liabilities are correctly calculated and ensuring compliance with regulations. Our services can be completely scaled to your needs from full preparation to a quick confirmation review just to put your mind at rest that everything is correct before filing with HMRC.

piggy bank, pig, piggy-1446874.jpg
question mark, pile, question-1495858.jpg

Business Advisory

We want to be more than just your accountant - we want to work with you as business advisors, helping you to evaluate business decisions and their tax implications. By maintaining regular contact and making sure you have accurate financial information, we can help you with issues or opportunities as they arise.

Getting More From Xero

We are experts in Xero and want to help you get the most from your investment in a great, flexible tool for your business. Through automation of processes and integration with other systems you can: eliminate errors; get real-time information on how your business is performing; manage your cashflow better; identify cost savings; target profitable sales opportunities; and have information ready if you need to seek financing to grow you business. Better still, using the software to its full can reduce admin tasks, freeing up valuable time which can be better spent driving your business forward or simply enjoying more or what you like doing.

laptop, notebook, man-1071781.jpg

Copyright 2024 – Cloud X Ltd
Registered Office: Sunnyside Farm, The Green, Old Buckenham, Attleborough, NR17 1RN
Company Number: 13618366