Debits - Credits – Assets – Liabilities… making the books balance!
For us, this is where it all starts. Accurate Bookkeeping is essential for all businesses so that they can monitor the business performance. Maintaining good books will help management to see whether the business is making or losing money, as well as knowing at any point in time what money the business has in hand, what the business is owed and what its debts are. These are critical elements of good business and essential cashflow management. At BPSL we can:
We can take over your Bookkeeping function to free your resources to focus on running your business operations. This service includes preparation of regular management accounts and providing advice to identify areas where margins can be improved and efficiencies can be made.
If you prefer to keep your Bookkeeping in-house, we will review your Bookkeeping process to ensure that it is as efficient as possible, which will save you time and money.
We will prepare the annual Accounts for your business for filing with HM Revenue & Customs, and with Companies House for Companies or Limited Liability Partnerships. Not only is the preparation of the Accounts a statutory obligation, but the Accounts demonstrate the ability of a business to thrive, and ultimately its success. In addition, the Accounts may be presented to third parties such as banks, trade partners or investors. It is therefore important that they are prepared on a timely basis after the year end.
By seeing all the transactions which make up the Accounts, we get to know where the business is doing well and where there is room for improvement, which is where we like to add-value by discussing your Accounts with you on preparation.
We are not just Accountants, think of us as your Business Partners.
For us, every client is important, and we work to build a strong and long lasting partnership with you, so that
you get a service that is tailored to your needs and requirements.