ACCOUNTING SERVICES
The key point as to why businesses should keep accurate records for all transactions centered on the need that goverment regulations have to be followed in order to render accurate statutory returns and pay correct taxes.
Paul Financial Consulting will provide the following services for you and your company.
ANNUAL ACCOUNTS PREPARATION
All traders, self employed individuals and limited companies are expected to prepare their annual accounts and submit to the relevant authority for self assessment tax returns, filing with Companies House and for Corporation tax purpose.With reasonable records we are able to turn these around for you within few days.This means that you will never need to worry about FINES or HM Revenue & Custom investigations resulting from late submission of your accounts.
DAY TO DAY BOOK-KEEPING
If you are too busy to keep your own records, we will do it for you. We will identify what information you want and design your Book-Keeping around these needs. We will then schedule how the information will be passed to us and the frequency and then leave the rest to us.
You will receive Monthly Reports giving you exactly what you need to run your business efficiently. You will therefore have more time to seek and win new clients rather than pour over boring accounting records.
ANNUAL COMPANY RETURNS
Every limited company must deliver an annual returns to companies house within 28 days of its made up date. It is the responsibilty of the company directors and secretary to ensure that (a) the returns are delivered within 28 days after the anniversary of incorporation and subsequently thereof. (b) The returns give a true picture of the management structure and capital of the company.
We can arrange the filing for you and also ensure that you complete this on a timely basis.
VAT REGISTRATION AND RETURNS
We can set up your company for VAT registration with HM Custom & Excise. We will also prepare and submit your VAT returns from your books and accounting records.
PERSONAL TAXATION AND SELF ASSESSMENT
When you submit your annual accounts to the HM Revenue & Custom, you need to attach a tax computation showing the related amount of tax and how this has been computed.This can be more complicated for a lay person to undertake.We can complete your tax return, calculate your tax liabilities and file the return with the Inland Revenue.
TAX REFUNDS INCLUDING CIS TAX REFUNDS
A tax refund is a repayment of tax you have overpaid during the year, as determined by HM revenue and Customs.
If you work on the CIS tax scheme we can take care of your annual accounts, tax return and CIS vouchers.
Our service will ensure that the maximum amount of tax is returned to you by taking into account your travelling, tools and other related expenses.
PAYROLL ADMINISTRATION
we can offer a complete payroll service for your company. We can complete your company's payroll weekly or monthly depending on your requirements.
CASH FLOW PLANNING AND FORECASTING
We can assist you to prepare your cash flow/ budget projections for submission to your bank manager on adhoc, monthly or quarterly basis.
BUSINESS PLANS
Every new and existing businesses need a proper focus and direction.Therefore, your business require a proper business plans to
(a) Map the future
(b) Support growth and secure funding
(c) Develop and communicate a course of
action
(d) Manage cash flow
(e) support a strategic exit
We can prepare a formal business plans for your business.
Principal:Paul S Omoju (Bsc, ACA, ACPA, CeMAP) | 
