Providing you with a full accountancy, taxation & advisory service tailored to suit your requirement

The annual statutory audit is a requirement for all limited companies that meet certain size criteria under the UK Companies Act or the bank or shareholders insist, then you require an Audit. There could also be various other reasons where you require your accounts to be audited.

Rosemoore + Co Chartered Certified Accountants specialises in auditing companies as well as other entities which require an audit such as:

• Charities above the audit threshold
• Companies above the audit threshold
• FCA regulated bodies
• Subsidiaries in a group which has an audit requirement
• UK subsidiaries of international groups
• LLPs falling within the audit requirements

We are also very experienced in both UK GAAP and UK accounting standards as well as International Standards: IFRS and IAS. We use Mercia audit methodology, the latest accounting software and disclosure checklists, in order to keep your accounts fully compliant at all times.

As auditors, it is our job to help you meet the current statutory audit requirements, but we also take the opportunity to ask our accounting team to conduct a review of your financial and management systems. This review can often result in our audit identifying potential problem areas and recommending opportunities to improve your business performance. We will always discuss and communicate our findings with you and will discuss with you any opportunities that might exist to help you implement any agreed solutions.

Fees

Like all our other services, we operate on a fully fixed-fee basis.

Specialist Audit

If you need a specific audit or assurance over particular areas of your business, we are happy to help. We can provide you with:

• Grant audits – for grant recipients who need to establish that funds have been spent in line with the conditions of the grant
• Service charge audits – for tenants of leasehold properties who want reassurance that their service charge payments are being correctly used
• Rental audits – for tenants and landlords in rental agreements (turnover-related) who need an independent report to confirm trading activity
• Internal audits – a review of internal procedures and controls at transactional level, for management who want an ongoing check on how things are running
• Audit of completion accounts – to determine the value of assets and liabilities of a business, company or division at the point where it being bought or sold

For FREE initial consultation or meeting please contact us. There is no obligation to use our services.

Is your Bookkeeping getting out of hand and taking up too much of your valuable time ?

If you own a small business and haven't kept up your bookkeeping, don't worry. We can help you. We'll prepare your bookkeeping for the year, prepare a full schedule. Then we'll help you set up an easy system that allows you to keep your books in tip-top shape next year.

As a small business owner you have more important things to do than to keep your own books. We take care of your books for you, so you can get back to the job of running your business and generating profits!

Rosemoore + Co can assist your business in two ways:

• Advise on the best bookkeeping system for you to maintain the accounting records yourself.
• Take the hassle of bookkeeping away by providing a full bookkeeping      service to suit your needs.

The bookkeeping system we advise for your business will depend on the complexity and size of your business. We advise between two types of bookkeeping systems:

• Xero – online accounting package.
• Quick Books – online accounting package.
  

Each month or quarter we'll do the following things for you....

· We will do all the processing

· Reconcile your bank accounts

· Recording all you receipts and payments

· Control accounts reconciliations

· Clean up your nominal ledger

· Provide unlimited consultations

These tasks form the solid foundation of your small business accounting system.

We can complete the work remotely, or come to your premises whichever you prefer. 

Record Keeping :  How to keep records

VAT is supposed to be a simple tax. However, investigations by the VAT Man can be very intense! BUT it really doesn’t need to be if you complete your return correctly. 

We will prepare your vat return from the records provided using our knowledge and experience to claim the right amount of vat. We will complete VAT returns in good time to ensure you avoid any penalties.

We also offer a reduced service by reviewing the vat return you have prepared to have a look if all the vat being claimed is correct and if there is any vat that is not being claimed.

In addition we can assist with:

• Applying for your business VAT registration 
• We will provide advice on the suitable VAT schemes for your business
• VAT planning to improve cash flow
• Choice of online accounting softwares for recording VAT invoices
• Dealing with any VAT payment disputes that arise with HMRC
• Attendance at VAT inspections

 Allow our highly trained staff to handle the formalities of your VAT registration. 

Are you at risk of running out of your cash?...Should you look at borrowing money ?

Financial forecasts are valuable for any business, and are perhaps even more important for small businesses, where a healthy cash flow is essential given they don’t always have as much cash available to draw on in case of an emergency.

"Detailed financial forecasts are an important element of funding applications and business plan"

A cash flow forecast can help you:

• plan out how much you expect to make in sales this year
• plan how much you expect to spend in overhead costs 
• help you budget for equipment purchases
• understand when cash will come into your bank account and leave it
• When could you consider taking more money out of your business?

Armed with this knowledge, you will be well placed to make important decisions about your business. Good cashflow management is critical to running a successful business.  

A limited company is a business that has been incorporated with Companies House to exist as a distinct legal entity that is separate from its owners. A company can be limited by shares or limited by guarantee. 

Incorporating a Limited Company is a very simple process. You complete an application form and filing fee, submit it for approval. Once your new company has been approved by Companies House, you can start trading immediately.

Our accountants can take the stress away from the company formation process from start to finish. The quickest and easiest way to do is to use our company formation services package.

•  We will check your preferred company name to see if it is available for registration
•  Offering advice on business structure, unlimited support and face-to- face meetings
•  Fill out application form and we will swiftly register your company
•  We will provide you statutory documents related to your company

Bookkeeping involves recording the financial transactions of a business or organisation. Maintaining accurate records for your business to support your annual accounts or self assessment returns is laid down in statute. 

We offer personal training to all our clients to make sure they not only meet the requirements but to get more information out for themselves. Whether the bookkeeping system is computerised or manual.