SMALL BUSINESS ACCOUNTING SPECIALISTS
Innovative accounting to suit your needs
and meet your expectations
Individuals & Partnerships
We act for sole traders and partnerships, preparing year end accounts and Self Assessment tax returns. We have several clients who do not have a trading income and just require us to prepare and file their tax return with HMRC each year. These clients are generally buy to let landlords and individuals with investment income to report. Our fees for the clients with a set of accounts to prepare also includes completing and filing their tax return each year. Our fees are very transparent and are agreed in advance of any work being started. We offer a fixed fee pricing structure, paid by monthly collection.
We have extensive experience of advising start up businesses, whether they be sole traders, partnerships or a limited company. In many cases the first question we are asked by a start up business owner is which trading entity is the most beneficial for me. If the business is to become a company, we can assist with forming the company and registering with Companies House and HMRC. Registering with HMRC is also a service we offer to sole traders and partnership start ups. We worked for many years with the Chamber of Commerce in delivering start up seminars and workshops, as well as being appointed a mentor to start ups through a Charitable Foundation. We worked with and advised start up businesses for 30 years plus and is happy to provide an element of free support in the early stages.
Owner Managed Businesses
Many small businesses are run by the owner/owners who are usually very busy on a day to day basis with ensuring the business prospers. This involves wearing many different hats and at Innovation we look to offer support to our clients where needed, whether that be as their internal book keeper, their finance director, advice on marketing, introducing growth management support or just a friendly voice on the end of the telephone. No business owner should feel isolated in running their organisation, hence our desire to provide a very personal level of support.
We are Xero Silver Partners and have extensive experience of the product having used it since 2015. Many of our clients use Xero for their day to day book keeping, but don’t worry if you don’t or don’t want too, it is not a mandatory requirement. Xero is a low cost, cloud based package, no back ups involved, no helpline needed (we are the free helpline!) just easy to use software written in plain English. We offer free Xero training to any new client and thereafter a fully integrated back up support service. We are happy to process clients payroll for them, we offer a full book keeping package which includes the production of periodic financial statements for discussion with the business owner/owners. For more information please use this link www.xero.com
If you use another software package and wish to transfer to Xero, we can arrange this for you free of charge and take care of all the technicalities.
Our Skills & Expertise
We specialise in supporting small businesses looking to integrate their accounting systems into the cloud. We offer bespoke monthly book keeping and accounting packages, at a competitive rate in line with the business owner’s requirements. Accounts preparation, tax returns (personal and corporate) tax planning and general advice.
Extensive experience in accounts preparation for all types of business entities/ start up business coach and mentor for many years/ Xero accredited adviser/ Cloud Accounting knowledge/ monthly book keeping and payroll service/ strategic involvement in advising directors/ personal and corporate tax experience over 30 years.
Small Business Accounting & Business Advice
Cloud Accounting & Bookeeping
Tax Returns & Tax Planning