ADS Accountancy Limited operate a ‘fixed fee’ policy, with all fees being agreed in advance, so there are no unwelcome surprises!  You never need worry about being ‘on the clock’ whenever you pick up the phone.
Free Consulatation

Accountancy Services

The core services we offer are:

Year end accounts

All accounts are prepared within agreed timescales, and ensuring they meet any external deadlines.

  • Sole trader/partnership accounts – to enable us to calculate your tax, and complete your tax returns
  • Limited company financial statements – prepared in a format complying with Accounting Standards and the Companies Act, to enable us to calculate any Corporation Tax. 

  • Abbreviated accounts are also prepared to ensure the minimum necessary information is place on public register at Companies House.

The accounts will be reviewed to identify any potential areas where we can assist in reducing your tax burden, and also identify areas in the business that can be improved or other potential savings can be made.  We will then discuss the accounts with you so you can clearly see how your business is performing and help you with your decision making.

Tax returns

We can prepare your individual, partnership, or company tax returns, and calculate any liabilities or refunds due to you.  Tax can sometimes be a complicated business, but we will always discuss your tax situation with you in plain English, and identify any areas that may help you save tax. 

We can take the burden of dealing with the taxman away from you, and also ensure all deadlines are met meaning you avoid any potential penalties.

We cover all areas of personal tax, including:

  • Employment and self-employment
  • Construction industry scheme
  • Capital gains tax
  • Properties and rental income

Management accounts

Annual accounts are a good indicator of how the business is performing, but often you will require more current information to enable you to react more quickly to any particular situation.  Sometimes this is required from an external party, such as your bank.  We can prepare monthly or quarterly management accounts for your business on a timely basis to help you monitor performance and identify any issues early.  The accounts can be tailored to your particular business, so that we report the results and KPI’s (key performance indicators) that are important and relevant to you.  Regular management accounts also ensure you avoid any nasty ‘end of year’ surprises, as the tax liability can be estimated throughout the year.

Bookkeeping and VAT

Keeping all of your paperwork up to date can be a hassle and time consuming, so why not let us take care of it for you.  We can do as much or as little as you like, with all transactions processed, and all balances regularly reconciled to ensure everything is complete. 

We can then provide you with bank reconciliations and customer balance reports, allowing you to monitor your credit control and reduce the risk of bad debts schedules of payments due to suppliers.   We can then also easily prepare your VAT returns and management accounts if required.  Your books and records will be returned to you neatly organised and filed as and when you want them.

Want to maintain your own books but need a hand?  No problem, we can help you get a bookkeeping system set up, and provide training if required, including training on use of Sage accounting software.

Payroll

We provide a full payroll processing service which includes:

  • calculation of employees’ net pay
  • preparation of payslips (weekly, monthly, or any other payment period)
  • weekly or monthly summaries
  • dealing with all starters and leavers
  • calculation of any SSP or SMP etc
  • calculation of you monthly or quarterly PAYE and National Insurance liability
  • preparation of year end forms (P60's and P14's) and submission of your employers annual return (P35)
  • calculation of any benefits in kind and production of P11D’s

If you are a contractor within the construction industry, we can also:

  • verify your subcontractors payment methods to ensure the correct tax is deducted
  • prepare monthly subcontract CIS statements
  • prepare and submit the monthly contractors return (CIS3000)

New business startup

When you are considering setting up your own business there are a large number of factors to consider, and if you haven’t experienced it before, it can seem overwhelming.

We can calmly talk you through all of the areas you need to be aware of, to ensure that you avoid any major pitfalls.  Looking at your individual circumstances, we can discuss the best way for your business to be set up, to ensure you start your business confident that everything is in place.  

Among the items we can assist you with:

  • Register you as self employed/partnership
  • Set up a limited company
  • Register your business for VAT
  • Register the business on the Flat Rate VAT Scheme
  • Set the company up as an employer, contractor or sub-contractor
  • Assist you with business plans and forecasts    

If you would like to discuss any of our services in more detail, please feel free to contact us.

Contact

DERBY

Bezant House
Bradgate Park View
Chellaston
Derby
DE73 5UH

Tel: 01332 299990

COALVILLE

Unit 13,
The Courtyard,
Stenson Road
Coalville
Leicestershire
LE67 4JP

Tel: 01530 813220

Accreditation

acca logo sage logo

Website by Design and i - All Content Copyright ADS Accountancy Limited. All Rights Reserved.