Accounts
There are two types of accounts clients require.
Management accounts
Management accounts are periodic accounts prepared for the management of the business to help them identify how they have performed during the period, and which areas, if any, require attention and adjustment.
These are different from year end accounts information and accuracy.
Year end accounts
These are typically accounts prepared at the year end, and the format is normally prescribed by the Inland Revenue or, if a Limited company, by Company Law. More care and attention is taken on these accounts, because they must stand up to scrutiny from the Inland Revenue if the company is subject to a tax investigation.
By keeping good quality records (see the bookkeeping section) we are able to prepare either of these very quickly and economically.
The year end accounts will often, if not always, include tax computations, which I use to calculate the amount of tax the business owes as a result of the profits it has made, and will accompany the accounts when sent to the Inland Revenue.
We have different levels of service, starting from an online only service, right through to the fully supported and advisory service. The choice of service you make will depend on your level of business expertise, the importance you place on independent proactive advice, and of course, your budget.
You can choose between services from time to time. We recommend you pick the service that’s most comfortable for you right now. If upon further review your needs and requirements have altered, you may decide to swap to a different service option.
Please call us on 020 8241 3000 for more information and a fixed fee quote.
Easy ways in
A) Call us on 0208 241 3000
B) Email us on gds@gordonsknight.co.uk
C) Attend one of our Webinars and ask questions
D) Book a place at our next £2million workshop / seminar
We are different to other accountants
We work much more closely with our clients than traditional accountants. We also have a much smaller number of clients than normal and are selective in the clients that we act for. We want to get to know our clients’ businesses inside out, enabling us to easily identify problems and spot opportunities. We want to help improve profits and encourage growth.
Our mission is to always add value
Whatever we do for you, we will always carry out our work with the aim of adding value to your business. We run a very cost effective business by making the most of modern technology and home working, but we will never be the cheapest solution. John Ruskin defined value as follows:
A unique feature of our service is fixed price agreements
Once we have established your needs, we will give you a guaranteed fully inclusive price from the start. This will give you peace of mind and no surprise bills.
"It's unwise to pay too much, but it's also unwise to pay too little. When you pay too much, you lose a little money, that is all. When you pay too little, you sometimes lose everything, because the thing you bought was incapable of doing the thing you bought it to do.
The common law of business balance prohibits paying a little and getting a lot. It can't be done. If you deal with the lowest bidder, it's well to add something for the risk you run. And if you do that, you will have enough money to pay for something better."
