PAYROLL

We’ll make sure your employees are paid accurately and on time, every time. Our Payroll solutions are fast, efficient and require minimal input by you. We cater to all business sizes and scale to fit with your particular business needs.

Our payroll services include:

• Customised payslips
• Administration of PAYE, national insurance, statutory sick pay, statutory maternity pay, etc
• Completion of weekly/monthly statutory forms to submit to HM Revenue & Customs under the new Real Time Information regime
• Construction Industry Scheme (CIS) returns
• Summaries and analyses of staff costs
• Administration of incentive schemes, bonuses, and ex-gratia and termination payments
• Administration of pension schemes
• Auto Enrolment

YEAR END ACCOUNTS

Preparation of year end accounts can be time consuming and it can be a struggle to meet the deadlines. We’ll help you to you meet your deadlines and avoid any fines from HMRC or Companies House.  We ensure your accounts accurately reflect your business and we’ll suggest where improvements and savings can be made.

Our year end accounts preparation include:

• Preparation of statutory financial statements and year-end accounts for companies
• Preparation of annual year-end accounts for sole traders and partnerships
• Preparation, review and analysis of management accounts
• Preparation of financial forecasts including cash flow and profit projections

SUB CONTRACTORS

Business Startups

Starting a business can be complicated and overwhelming. We’re here to take away some of the stress and give your business the best possible chance at success.

We will help you to evaluate your business ideas in a clear, easy to understand and constructive way. We can also help you:

• Decide on the most suitable structure for your business – sole trader, partnership, or limited company or Limited Liability Partnership
• Prepare a business plan, cash flow projections, budgets, and trading forecasts
• Assess your finance requirements, advise on the best sources of finance, and prepare necessary proposals
• Establish relationships with banks, solicitors etc through our well-established network of contacts
• Carry out registration procedures with Companies House and HMRC
• Deal with company secretarial issues
• Advise and assist with the set-up of an appropriate internal accounting system complying with statutory requirements

Franchising

A “franchise” is essentially a business opportunity that allows an individual to acquire a right to utilise an established business’s methodology and intellectual property.

There are a growing number of individuals who decide to acquire a Franchise as opposed to buying an existing business or setting one up from scratch. The reasons for doing so are numerous and diverse. Most considering the Franchise option have not previously been in business in their own right and see this as a stepping stone into self employment. The belief being that an established brand with a tried and tested methodology poses the safest option.

At Greytouch Accounting we can act for you in evaluating a potential franchise opportunity and provide recommendations.  With our extensive financial contacts, we can even arrange the necessary funding for you, subject of course to your own personal circumstances.

Business Plans & Cash-flow Forecasting

If you are looking to buy a business or secure additional funding, a business plan and the associated financial forecasts are essential to present your case in the best possible light.

A professional approach in its preparation and presentation is a key ingredient to ensuring that you achieve your objective.

The team at Greytouch Accounting are well placed to assist you in this exercise.

Incorporation Service

We can help you to decide if incorporating your business is the best move for you, if so, we’re also here to help you with the process. 

The benefits of incorporating your business:

• Protect Your Personal Assets
• Have Easier Access to Capital
• Enhance Your Business’ Credibility
• Perpetual Existence
• Tax advantages

If your business is already incorporated, we can assist you in restructuring your company or help you with the documents that you need to submit to the Regulatory Authorities.