Connelly Chartered Accountants

Business start ups

Our highly experienced and skilled staff will assist in all aspects when starting up in business.

We will:

  • Tailor a business structure to best suit individual requirements whether that be Sole Trader, Partnership, Limited Company or LLP
  • Company Formations and completion of the registration processes for HM Revenue and Customs and Companies House
  • Provide access to our extensive network of contacts
  • Provide bookkeeping services and advise on and supply appropriate software
  • Prepare business plans or forecasts which may be required to obtain start up finance

To every potential client we offer a no obligation free consultation meeting.

Clear advice on starting a new business

Annual accounts

When complying with all the statutory legislation necessary in preparing accounts, our team will proactively work to help identify and develop commercial opportunities which will help the long term growth of a business. We will also look for opportunities to minimise tax liabilities.

Our attention to detail allows us to help Clients achieve their goals together with complying with ever changing statutory requirements.

Related services include:

  • Annual Accounts Preparation for Sole Traders, Partnerships and Limited Companies
  • Company Secretarial Services
  • Bookkeeping
  • Management accounts and information
  • Budgets, Business Plans and Cashflow Forecasts

Proactively working with you to develop opportunities

Specialist Consulting Service

Most individuals and families owning businesses and companies do not have the resources for a ‘Finance Director’ type of individual to sit alongside them to advise on present and future strategies.

We fulfil that role on a ‘as and when required’ basis, with close involvement on overall strategy and in-depth involvement in the formulation and delivery of specific projects.

To fulfil this role we normally meet with our clients on a quarterly or monthly basis, and more regularly if required.

We have created a unique network of experts who can assist under all circumstances:-

  • UK and International
  • ‘Big 4’ Accountants
  • Taxation Specialists
  • Lawyers
  • Corporate Finance Specialists

A unique network of experts for all business circumstances

Statutory audits

We are registered to carry out ‘audit’ work in the UK and Ireland by the Institute of Chartered Accountants in England and Wales. Audit is often seen as a burden for most companies but we aim to add value at every opportunity and our modern approach ensures we provide a cost effective and efficient service.

The majority of ‘Audits’ are owner managed trading companies, however we also offer specialist audit services in the following areas:-

  • Solicitors Accounts
  • Friendly Society/Industrial and Provident Clubs
  • Charities
  • Pension schemes 

Adding value through the Audit process

Payroll services

Our experienced payroll department can provide a full payroll service tailored to specific business’s needs.

We will:

  • Process payroll on a weekly, monthly or annual basis
  • Produce payslips and P60’s for all employees
  • Provide all necessary payroll reports
  • Advise on PAYE and NIC payable
  • Deal with employee enquiries
  • Advise on auto enrolment

Removing the burden of administration

Taxation

Personal and Corporate Tax is becoming more complex and penalties for non-compliance are becoming harsher. We have the expertise and the knowledge to take this burden away from Clients. We work together to minimise tax liabilities.

There are many areas of tax we can be of assistance in:-

Businesses:

  • Corporation Tax for Companies
  • Income Tax for Sole Traders and Partnerships
  • VAT
  • PAYE
  • HMRC Tax Investigations

Individuals:

  • Self Assessment
  • Capital Gains Tax
  • Inheritance Tax and Estate Planning
  • HMRC Tax Investigations
  • Personal Tax Planning

Planning for Taxation, present and future

Acquisitions, Mergers and Disposals

To achieve personal and business ambitions, strategic plans may involve an acquisition, merger or sale. We work closely with you through this process to make your vision a reality.

We can also advise on:

  • Due Diligence
  • Management buy ins and buy outs
  • Restructuring
  • Raising finance
  • Business valuations

Clear guidance on acquisition and disposal transactions