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Accounting Services

Lysi's dedicated accounting division can offer new or established UK businesses a full compliment of professional accounting services. 

We can prepare accounts for all types of business, from sole traders to partnerships and limited companies.

 

Our services will help to reduce the administrative burden, allowing you to concentrate on running your business, while giving you peace of mind that your accounts and returns are in order.

Accountancy services

Our accounting and compliance services include:

• Preparation of annual accounts
• Preparation of periodic management accounts
• Book-keeping services
• Maintaining PAYE and VAT records and associated returns
• Preparation for HMRC investigations
• PAYE and national insurance compliance
• Self Assessment advice

Please Contact Us for more information.

Management accounts

Monitoring and controlling the financial performance of your business is of paramount importance and the availability of regular management information is vital to its continued success.

We can help our clients with producing either monthly or quarterly management accounts on a regular basis. Our dedicated team will discuss your requirements with you and provide you with tailored information and constructive advice. 

Please Contact Us for further advice.

Auditing

We can perform your auditing and financial analysis with a minimum of fuss and maximum efficiency and accuracy. 

In addition to giving you peace of mind that your accounts are fully compliant with statutory requirements, we can use the process to help identify strengths and weaknesses in your business finances, and suggest ways of improving them.

Our core auditing services include:

• Statutory audits
• Internal audits
• Due diligence
• Minimising fraud exposure
• Specialist audits

To find out more, please Contact Us.

Company secretarial

The Companies Act places strict obligations on companies to submit the required documents according to deadlines. 

We can provide peace of mind, while reducing the administrative burden.

Our Company Secretarial services include:

• Preparation and filing of statutory returns
• Preparation of minutes and resolutions
• Company formation
• Company searches

Please Contact Us to find out more.

Payroll

Administering the payroll can be an arduous and time-consuming task for today’s busy business owner. 

We can help to reduce the stress, with our comprehensive payroll service, which includes:

• Customised payslips 
• Administration of PAYE, national insurance, statutory sick pay, statutory maternity pay, etc 
• Completion of statutory forms to issue to your employees and submit to HM Revenue & Customs
• Summaries and analyses of staff costs 
• Administration of incentive schemes, bonuses, and ex-gratia and termination payments 
• Administration of pension schemes

Contact Us today to discover how you could benefit from our expert payroll service.

Start-up businesses

Starting up in business can be a daunting prospect, with budding entrepreneurs often left to fend for themselves. 

We can help you to cut through the red tape and offer support at this crucial time in the life-cycle of your business.  

Bring us your business ideas and we'll help you to evaluate them in a constructive and realistic manner. We can also help you:

• Decide on the most suitable structure for your business - sole trader, partnership, or limited company
• Prepare a business plan, cashflow projections, budgets, and trading forecasts
• Assess your finance requirements, advise on the best sources of finance, and draw up the necessary proposals
• Establish a good working relationship with your bank
• Complete any registration procedures with Companies House and HM Revenue & Customs
• Deal with company secretarial issues
• Set up a recording system for your internal use and for complying with statutory requirements

Taxation

In the face of constantly evolving tax legislation, we can help to ensure that you are paying the right amount of tax, while also taking advantage of the tax schemes and allowances that are available to you and your business. 

We can offer peace of mind that you are complying with your tax liabilities, while freeing up time for you to devote to your business or personal pursuits.

Some of the areas where we can help your business include:

• Deciding on a tax-efficient structure 
• Making the most of allowances and reliefs 
• Reducing tax on disposals
• Maximising tax relief on acquisitions
• Liaising with the authorities on your behalf
• Assisting with compliance requirements, including corporation tax self assessment

We can also help to ensure that your personal wealth is managed as tax-efficiently as possible.

We can advise in such areas as:

• Personal tax planning
• Extracting profit from your business
• Remuneration strategies
• Tax-efficient savings and investments
• Planning for a comfortable retirement
• Estate and inheritance tax planning
• Gifting strategies

Contact Us today for advice on a range of strategies to make your business and personal finances as tax-efficient as possible.

Business support

Our support for you stretches far beyond the essential compliance services. We aim to be your business partners, working with you to ensure the best possible chance of success.

Areas where we can assist you include:

• Business start-ups
• Business planning
• Raising finance
• Financial management
• Financial information systems
• Computer systems advice
• Cashflow forecasting and management
• Efficient billing and cash collection
• Minimising the tax bill
• Strategies for developing your business
• Long-term plans for your business and your exit and much more.

Please Contact Us for further advice on taking your business forward into the future.

To arrange a free, no-obligation initial consultation, please contact the Lysi team today.

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