Standard Monthly Accounting Package

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Our Standard Monthly Accounting Package for limited companies that qualify as a micro entity and exempt from audit. The following services included in this package:

> Dedicated accountant

All of our monthly accounting packages come with a dedicated accountant to make sure we provide the best-in-class service to our clients.

> Xero Cashbook/Standard

Keeping your business records on Xero Cashbook or Standard. Xero Cashbook is a simplified version of Xero’s standard accounting software and available exclusively for accountants in practice (as part of the Xero partner programme). Xero Standard includes all the key features of the Xero accounting software other than handling multiple currencies.

> Bookkeeping (60 minutes) 

Taking care of your bookkeeping (up to 60 minutes per month). By law you are required to keep records about the company itself and financial and accounting records for 6 years from the end of the last company financial year they relate to, or longer.

> VAT returns

Preparing and submitting your quarterly VAT returns.

> Payroll (10 or fewer employees)

Registering you as an employer with HMRC. Running your payroll on a monthly basis (collecting your payroll data, producing your payslips and payroll reports). Completing your PAYE forms (P45, P60, P11D).

> Companies House submission

Filing your company's confirmation statement. Every company, including dormant and non trading companies, must file a confirmation statement. It confirms the information Companies House holds about your company is up to date.

> Dividends 

Producing your dividend vouchers and creating board meeting minutes. If you have any retained profits in your limited company, these funds may be distributed as dividends to the company’s shareholders. Once the director(s) have decided to make an interim dividend payment, the declaration must be recorded in the company’s minutes and you must also provide each shareholder with a dividend voucher.

> Annual (statutory) accounts 

Preparing your company's statutory accounts (annual accounts) according to FRS 105 The Financial Reporting Standard applicable in the UK and Republic of Ireland for the micro-entities. Sending a copy of your accounts to all shareholders, Companies House and HMRC. 

> Corporation Tax return

Preparing and filing your company tax return.

> Self Assessment tax return (1 director)

Preparing and submitting your Self Assessment tax return (online).

> Accountant's reference (1 per year)

Providing references and certifications in relation to your mortgage application or verification for renting a new property, etc.

Our monthly accounting packages contain all the services you need and can be easily re-tailored to suit your specific business requirements. Get in touch to find out how our highly experienced accountants can assist you and provide you with ongoing support.