Seeking advice on the most tax efficient way of setting up your business?
Starting a business is easy. Running it profitably is not. Getting plans right from the start is essential to realising your long term goals. We can help you from the moment after you’ve had your light bulb moment through to supporting you through the early development years.
What’s more, our contacts with banks and venture capitalists means that we understand their requirements when it comes to funding, which means we are perfectly placed to assist you.
Where do you begin when deciding on the right business structure for you? One of our experts can guide you through the process and help you decide which vehicle best suits you.
Once you have made the decision, PKB Accountants can assist you with the following considerations for your business:
If Limited is the right route for you, we can carry out all the Company Formation duties necessary for Companies House.
We can register the business with HMRC and advise the owners/directors of their legal obligations to avoid any unnecessary penalties.
Company Secretarial Services
We provide flexible and reliable company secretarial services for limited companies and LLPs. These can range from basic statutory compliance, right through to advising on company law and corporate governance. Refer to our Company Secretarial Services page for more information.
Management Accounting Services
There’s a lot more to accounting than simply calculating profit and loss and submitting tax returns. When managed properly, your accounts can help you to make more informed decisions throughout the year. This can help you to run your business more efficiently as well as increase profits.
At PKB Accountants we can prepare monthly or quarterly management accounts for your business. This will provide an in-depth analysis of your profit and loss, balance sheets, aged debtors and creditors, budget comparisons and reviews of variances and ratios. Refer to our Management Accounting Services page for more information.
12-month cash flow and profit forecast
Planning for the future is a crucial part of running a successful business and we can help you do exactly this with a 12-month cash flow and profit forecast. You can use this when planning future strategies or negotiating bank or loan facilities. Refer to our Management Accounting Services page for more information.
Bookkeeping can be a daunting and time-consuming task at the best of times, let alone when you’re also trying to run a business.
If you find yourself constantly battling to work out how much profit you’re making, who owes you money, how much VAT you have to pay or can’t figure out what your management reports mean, PKB Accountants can help. Refer to our Bookkeeping Services page for more information.
Payroll is a crucial part of running a business and it’s important to get it done accurately and on time otherwise you’re left with a lot of unhappy employees. Unfortunately however, it can be very time-consuming and what do you do if your payroll manager is sick or on holiday?
If you’re managing your payroll yourself, outsourcing this function takes the pressure off you and allows you to focus your time on other important tasks such as developing your business.
Refer to our Payroll Services page for more information.
VAT is a complex tax and whatever the size of your business, issues can arise.
Whether you’re starting a business from new or up until now haven’t been charging VAT, it’s especially important that you have the procedures in place to ensure that you avoid any potential pitfalls.
Unpaid VAT and penalties for errors can have a significant impact on your business so it’s vital that all risks are eliminated or dealt with promptly. Refer to our VAT Services page for more information.
If you’re looking for chartered certified accountants in Berkshire or would like to talk to PKB Accountants about starting a business, please feel free to contact us and we will be more than happy to help.
Case study – see how we have helped others
Challenge: The shareholding directors of an established electronics company came to us for advice on the strategic approach to the buy-out of a large investor.
Our solution: We assisted them with raising the venture capital necessary for business expansion and securing a listing on the PLUS market.
Outcome: This enabled the company to increase its pre-tax profits significantly whilst enabling the directors to achieve a better life-work balance.