We give the best Services
You deserve a firm that understands the real world challenges and triumphs that come along with running a successful business. We know what you’re going through, because we’ve been there, and that makes a difference in what we do and how we do it.
We’ve cultivated a level of empathy and entrepreneurial wisdom from our own journey that you won’t find at other Accountancy firms—you’ll feel our excitement when we put it into practice all day, every day. We’ll use that experience to help you grow in the right way, at the right time and with the right plan in place.
Accounts
Our dedicated accounts teams have a wide range of expertise across many different sectors and business structures including sole traders, partnerships, limited liability partnerships, limited companies, trusts and pension schemes.
All businesses and organisations have to prepare annual accounts, whether they are in the private, not for profit, public or charity sector. This can be a daunting task to many people and if deadlines aren’t met you could be liable for significant penalties. At Ez Accountants our team can help you prepare and plan for your year-end process, including providing guidance on a variety of issues relevant to your sector. We will work with you to ensure your accounting information is accurate and compliant with statutory and regulatory requirements, enabling you to focus on your core activities.
The preparation of management accounts helps businesses manage their affairs more effectively. The accounts are generally prepared on a monthly or quarterly basis, however clients may wish to prepare management accounts prior to their year-end in order to carry out a tax planning exercise to try and reduce their tax liabilities.
Preparing a set of management accounts can assist businesses in understanding:
- Business performance
- Business position
- Cash flow position
- Budgets & Forecasts
It is essential to have good accounting records whether you have just started your own business or have been trading for many years. With the government focusing their attention towards making tax digital, there is no better time to be making the transition to cloud accounting. Keeping your record up to date provides you with the information to make important decisions about your business.
We can provide all or part of our clients’ accountancy functions for them, such as:
- Purchase and sales ledger,
- Fixed assets,
- Balance sheet reconciliations,
- Quarterly VAT returns,
- Profit and loss and monthly management reports.
The system we use is fully computerised and we can provide reports on a regular basis to suit your needs.
Accounting Software
Everything you need to manage your business, anytime, from anywhere, at your fingertips. Everything you need to manage your business, anytime, from anywhere, at your fingertips.
This way of accounting serves similar functions as accounting software that would be stored on your computer, but is hosted on remote servers.
There are many benefits of making use of cloud accounting:
- Ease of access,
- Employers & Employees access information from any where any time,
- Your data is securely stored and backed-up in the cloud,
- Automatically update and upgrade,
- Real time information,
- Cost-effective
Ez Accountants offers different online accounting services to aid you in managing your finances. The main products we work with are Sage One, Quickbooks and Xero.
Which one you choose to use will depend on the needs of your business. At Ez Accountants, we can help you select the most appropriate cloud accounting software to meet your requirements.
Our management consultancy services will review your overall business systems to highlight how these can be improved for you to take full control of these key areas of your business and in particular:
- Credit control,
- Stock control,
- Budgeting and financial reporting systems
We will show you how you can improve the flow of information in your business, and filter out information that is not relevant. Effective management information will allow you to seize opportunities when they arise and identify problems quickly and efficiently to enable you to take corrective action.
Information technology (IT) is one of the key resources available to every business to achieve its short and long-term objectives.
Using the knowledge gained from our own systems, and those designed for other clients, we are able to advise on IT related matters with first-hand experience.We can install software, provide training and help you to obtain the best from your chosen system. Our expertise enables a complete range of services to be offered, including:
- Software selection;
- Installation and training;
- Management reporting solutions; and
- Payroll systems
If you are spending too much time writing up books, typing invoices and chasing debts we help to take control by computerising your accounts system.
We can help you to make the best use of IT resource to produce financial information that is accurate and appropriate for running your business effectively.
With the correct accounting software you will save hours of hard work leaving you more time to deal with the more important areas of the business.
In short, whether you are investing in new technology, reviewing existing systems or have simply outgrown your current resource, we can help.
Audit & Assurance
An audit is not about an invasion or intrusion, it is about providing senior management and shareholders with the assurance and advice they are seeking.
The audit approach is based on providing an efficient and effective audit focused on risk. However the annual audit is more than a statutory requirement, it is an opportunity to enhance and develop your business. We can arrange with our business partners for a statutory audit to be performed to assess your performance and make suggestions to improve controls within your business.
Internal auditors work with management to systematically review systems and operations. These reviews (audits) are aimed at identifying how well risks are managed including whether the right processes are in place, and whether agreed procedures are being adhered to. We use the audits to identify areas where efficiencies or innovations might be made. Internal audits are organised under an ongoing program of review and advisory activity this is based on the strategic needs of an organisation.
Business Advisory
Managing a small business is a busy time. Your focus is on developing sales, recruiting the right people and creating the right infrastructure. Time is a precious resource which you need to spend wisely.
Keeping an eye on your costs and cash flow is essential and that is what producing a set of Budgets and Forecasts allows you to do. Ez Accountants can help you to prepare budgets and when complete, the budget plan gives you more control over your finances.
A business plan is vital as it can forecast peaks and troughs in your cashflow so you can look ahead and assess whether your finances will balance or if you will need extra financing.
We use budgeting software which allows us to create a business plan from basic to highly detailed so we tailor the plan to our clients needs. Through discussions with us, you can choose what depth of analysis you wish to go to and what type of plan you require.
Ez Accountants has been assisting and advising businesses at every stage of their development – from start up right through to disposals or passing the business on to the next generation. We can assist you by taking a pro-active role in the financial stewardship of your business in many different ways:
- Developing a Strategic Plan, setting out objectives, opportunities, constraints and an action plan.
- Preparation of a coherent overall Business Plan incorporating integrated cash flow, profitability forecasts and an assessment of future working capital requirements.
- Advice on business finance whether via bank funding, factoring, invoice discounting or external investment.
- Managing the banking relationship – facilitating a good working relationship with the principal source of day-to-day finance.
- Profit improvement and managing growth – a detached and objective view bringing specialist skills to supplement their existing capabilities.
- Tax planning, retirement planning, pensions and investment advice.
- Financial Forecasts – the preparation of profitability and cash flow forecasts to help you to predict for future funding and resource requirements. These forecasts can then be used in conjunction with the management accounts to perform valuable variance analysis, including investigating discrepancies.
You’re now ready to go at it on your own but need a helping hand in getting started? Don’t know what to do next?There are a number of legal entities that a business can take: Limited company, Sole Trader, Partnership and Limited Liability Partnership. Each of these entities have both advantages and disadvantages but we will advise you on which is the most appropriate for your needs and circumstances.
A business plan is a basic tool for running your business and essential when you are trying to raise finance. We will help you produce a professional and informative business plan that will optimise your financing opportunities.
Business plans should generally include an executive summary, business plan information, financial commentary and projections.
Executive summary
This is a short summary of the plan, which should state the purpose of the plan and highlight all of the significant issues identified in the main body of the report.
Business plan information
This section wil give a review of the operating activities of the business including:
- Overview of the proposal.
- Productions and services, including planned developments.
- Sales and market profiles.
- Facilities and premises.
- Management and personnel.
Financial commentray and projections
The financial analysis should comprise integrated cashflow, working capital and profitability forecasts:
- Profit and loss, balance sheet and cashflow projections on a month by month basis.
- Clear assumptions for the basics of the forecasts.
- Anticipated level of finance required.
- Sensitivity analysis to demonstrate how sensitive the figures are to changes in the key factors.
- Commentary to support all of the prepared figures.
Our team at Ez Accountants will work with you to develop a strategic plan which will help you outline your long term objectives, the opportunities and challenges facing your business and what needs to be done to put your business in the best possible shape for the future.
Mergers and Acquisitions (M&A) can be complicated, time consuming transactions and if not managed effectively, can lead to problems within the original business. It may also be difficult for the business to secure the necessary funding required for the transaction to take place.
The main services that we can provide to your business include:
- Developing an acquisition strategy.
- Identifying potential targets.
- Appraising targets and assessing the fit.
- Gathering information on the target.
- Feasibility of the proposed acquisition.
- Formulating an offer.
- Negotiating with the vendor.
- Developing the business plan and forecasts.
- Raising funding.
- Due diligence.
- Post-acquisition integration.
myFD advisor is a cost effective Finance Director advisory service for SMEs who have outgrown their finance function. Working on a part time basis and headed by head accountant, myFDadvisor identifies the key issues holding back business growth and develops meaningful management information and financial forecasts. By then chairing monthly board meetings, the service aims to deliver a step change in performance helping clients achieve their financial aspirations.
As a business grows, entrepreneurs can spend an increasing amount of time on financial and compliance issues. myFDadvisor provides an independent sounding board, focusing resources whilst also providing credibility to stakeholders, including funders.
Company Secretarial
We take care of the little details for you, so you can focus on the more important aspects of your business. No job is too small for us.
- Company Fromation
When you set up a company there is a myriad of form filling. We can register your company name, provide a certificate of incorporation and assist with the company’s memorandum and articles of association. We file all necessary forms with the Registrar of Companies.
Formal legal notices are sent to a company’s registered office. As your accountant we can host your registered office. This ensures that your important mail is dealt with promptly.
- Changes in Directors and Company Secretaries
When you appoint a new director or company secretary, the Register of Companies needs to be informed. We will complete the necessary information and send it to Companies House.
- Amendments to memorandum and articles of association
Sometimes you need to change the company’s constitution, for example to increase the authorised share capital or to permit a purchase by the company of its own shares. We draft the necessary resolution, file a copy with the Registrar of Companies, and write up the statutory books.
- Company Searches
If you wish to find out information about other companies, we have an adept research team with access to a companies information database plus we can assess the information filed at Companies House. More in-depth research about other companies can be performed by our Corporate Finance department.
- Restructuring of Share Capital
From time to time the company’s share capital needs to change. We can guide you through the process of changing voting and dividend rights and will send the Register of Companies the necessary paperwork.
- Document Verification
If you have been asked to supply certified copies of your original documents, Ez Accountants can certify that the copies presented/produced are a true likeness of the original document/s.
If you’re providing photocopies to the recipient company, you’ll need to ensure that these are like-for-like with the originals. We’ll check up to three original documents against the photocopies and certify that each is a true likeness.
- Which Document can i get checked?
- Passport
- Driving licence
- Recent utility bills
- Bank statements
- Photocopying
Photocopies can be produced from original documents if their physical condition allows. Where documents are bound, rolled, delicate in nature or over A3 in size photocopying is not available, this includes printed material from library and study centre collections. In this instance digital copying and colour printing can be offered.
- Scanning & Filing
Now more than ever businesses are looking for ways to go paperless. The convenience of being able to keep records, save files, store large amounts of information and more importantly have the information to hand at all times makes it very attractive. This is why we offer to support our clients with implementing a paperless approach. We aim to achieve this within our own office and encourage others to do so for many beneficial reasons.
- Shredding & Disposal
Financial information or non-financial information for that matter when running a business can be sensitive and confidential. The importance of disposing sensitive information can not be under estimated and for this reason we provide shredding & disposal services for the convenience of our clients.
Insolvency and Business Recovery
Providing an independent, professional service at a realistic price, We have a proven track record of advising clients to help improve their financial position.
If you have difficulties with debt, restructuring or you are just looking to re-finance, Cube Accountants can help.
By understanding your situation, we can get you the support you need to find a tailored solutions. Our network of partners have teams that are director-led, multi-disciplinary and can call on sector specific knowledge.
We appoint a dedicated recovery specialist and they prioritise your work to save failing businesses wherever possible and in the event of insolvency or closure.
Payroll
Payroll is one of the key factors of your organisation. Getting paid correctly and on time is crucial and goes a long way towards building confidence and commitment within their role. And we want you to get it right!
Everything seemed fine running your own business until the day you took on your first employee and became an unpaid tax collector. This is when you found out what red tape was all about.
Let us take the strain away from you and let you get on with running and growing the business. Payroll is complicated and has to be done on time and you as the employer are responsible for the mistakes.
We run payrolls on time and can provide a tailor made service for your business including…
- Employee payslips;
- Monthly summaries;
- Departmental reports;
- Dealing with leavers and starters;
- Provision of analysis of staff costs;
- Real Time Information (RTI) PAYE returns for the Revenue;
- Assistance with automated payment set-up to your employees;
- CIS returns completed by us.
- You will never have to worry about calculating statutory sick pay or maternity pay and dealing with tax credits and student loan deductions ever again!
And at year end…
- Employer Annual Return P35;
- Employee summary P60’s;
- P11D and P9D benefit and expenses returns.
- And the related tax planning advice…
Beyond the payroll compliance service, we offer comprehensive advice on all employment tax issues including…
- Tax efficient remuneration strategies;
- Planning for retirement;
- Termination payments;
- Inducement payments;
- Company car and van strategies;
- Benefits planning.
If you are looking for someone to take the payroll burden off your shoulders then out Payroll outsource package is the one for you. It allows our clients to:
- Risk reduction – payrolls not affected if in-house payroll people were off sick or left the company.
- Cost saving – no need to buy expensive payroll software and support systems.
- Payroll advice from team of experts.
- Freeing up time and resources that can be re-invested in other parts of your business.
- No payroll security problems.
- Daily back-ups and full disaster recovery plan in operation.
- Outsourcing your payroll will pay for itself as there are no payroll staff overheads to pay out.
- Peace of mind that your payroll is in expert hands.
