Our job is to make sure clients are always compliant, avoid fines and penalties, reduce tax liability, maximise income and profit, and gain financial control to check progress and risk.
We can assist you with management accounts, grant claims, cash flows and business planning. And all aspects of cloud accounts, including help moving to cloud if you are not yet digital.
Whether you’re a sole trader, partnership or limited company, your year-end accounts are prepared for disclosure on personal tax returns or for Companies House. We have clients who provide us with books and records, ranging from a bagful of receipts, to a fully-computerised trial balance.
Once draft accounts are prepared, we arrange an appointment to meet and discuss any issues we or you may have. This provides us with at least one annual face-to-face meeting, whereas other accountants may just send out a set of accounts to you, with no further contact.
Limited company accounts are prepared by qualified staff who have a thorough knowledge of the latest FRS standards. Filing deadlines are guaranteed to be met. Whether you are set up as a partnership or sole trader, you can expect professionally prepared accounts, in a timely manner. We can identify areas for improvement, whether it be in your profitability, or bookkeeping.
In this changing economy, our clients are finding it more and more useful, to have an understanding of their current financial position.
This may be for bank purposes, to assist tax strategies, or to see how the business has performed.
At LHP, we have a team of management accounts experts, who will either come to your premises, or work from our offices to prepare a monthly, quarterly or 6-monthly set of accounts.
This allows you to keep your finger on the pulse. Through the use of Cloud technology, preparing your financial information couldn’t be quicker or easier. Just ask us for a demo.
We prepare grant claims across a wide range of industries.
These are done on a timely basis, to ensure the business receives funding when it’s required most, without undue delay.
Regular business cash flows and projection reports can help your business stay abreast of your financial position and provide warnings of future problems and issues that may arise. Other projections such as balance sheet and profit and loss reports are also useful, especially when attempting to raise finances.
The key to any successful business is to have a clear plan. One that is monitored and measured during implementation, so that corrective action can be taken where necessary.
The aim of our business planning service is:
We have experience moving clients to the Cloud for digital accounting. If you need help with this, in the light of Making Tax Digital compliance with HMRC and penalties looming for those that don’t comply, let’s talk.
For all your Accountancy needs, Get in Touch
Our digital accounting specialists and business advisors are based in offices across South Wales Carmarthen | Haverfordwest | Tenby | Lampeter | Cross Hands | Aberaeron