Our philosophy is to provide a high value service

Accounting

Maintaining accurate, reliable bookkeeping and accounting records is essential to effectively manage your established business. For a new business, keeping books, accounting and calculating payroll can be a daunting prospect; time consuming and hassle to do (even if you have the skills). Outsourcing your Bookkeeping, Accounting and/or Payroll requirements will almost always make sound economic sense. We can relieve you and your business of this significant burden by taking care of all your accounting needs. Every business is treated individually so that our approach is tailored to your exact requirements. Day to day bookkeeping, management accounts, VAT returns, maintenance of your VAT records.

Payroll

Maintaining accurate, reliable bookkeeping and accounting records is essential to effectively manage your established business. For a new business, keeping books, accounting and calculating payroll can be a daunting prospect; time consuming and hassle to do (even if you have the skills). Outsourcing your Bookkeeping, Accounting and/or Payroll requirements will almost always make sound economic sense. We can relieve you and your business of this significant burden by taking care of all your accounting needs. Every business is treated individually so that our approach is tailored to your exact requirements. Day to day bookkeeping, management accounts, VAT returns, maintenance of your VAT records.

Book Keeping

For many small business owners keeping their books up-to-date and dealing with VAT returns are a major headache. Of course running a business means you’re busy and we’re sure you have better things to do with your time. Consider outsourcing your bookkeeping to R R Accountancy Ltd, and get excellent value for money.

Business Startup

Most people who start up in business do so because they have a good business proposition, not because they are experts in the financial aspects of running a business. These factors can often be quite daunting to the entrepreneur and this is where we can help by evaluating your ideas and helping you develop them into a feasible business. We can also help you:

  • decide on the most suitable structure for your business (i.e. sole trader, partnership or limited company)
  • prepare a business plan, cash flow projections, budgets and trading forecasts to prove the financial viability of your ideas and demonstrate this to the bank / potential investors
  • assess your finance requirements and access the most appropriate source of finance
  • help you establish relationships with banks, solicitors, etc
  • carry out registration procedures with Companies House, Inland Revenue or Customs and Excise
  • set up an internal accounting system which complies with statutory requirements

Management Accounts

The most important part of our compliance services is the preparation of periodic management accounts. Monitoring and controlling the financial performance of your business is of paramount importance and regular management information is vital to the continued success of your business. We can either carry out this function for you or help you set-up internal systems to generate the information. We will also take this service one step further by interpreting these figures for you and making suggestions to help you improve your profits or to help your business grow. Payroll Running your own payroll can be time consuming and complicated, particularly with the ever-increasing complexity of taxation and employment legislation. There is an increasing burden on business to comply with these issues and non-compliance can lead to substantial penalties. We can prepare payrolls for businesses with 2 to 200 staff. Our confidential and comprehensive service includes:

  • computer generated payslips
  • administration of PAYE, national insurance, etc
  • completion of statutory forms (including year end returns)
  • summaries and analysis of staff costs

Outsourcing your payroll is a strategic decision. Ask yourself – Is your company able to do the calculations and deal with the details of the payroll with almost 100% accuracy, timeliness and compliance to tax, law and government legislation?

Do you have to pay software and employee cost every month to prepare small payroll ?
Even if you only have a few employees, you will make savings by engaging us to administer your payroll