What We Do
We provide a wide range of professional services to help you manage your business and finances.
With your business growing rapidly, it’s time to get clarity over your financials so that you can make confident business decisions quickly and ride the wave.
Because right now, you are living “hand to mouth”…
…you don’t have the time to keep your books up to date and you don’t have a clear view of how the business is performing. It is likely you are also running out of cash, or you are not extracting as much as you would like for your personal finances.
If you don’t take action now, you will continue working all the hours of the day for little return because you don’t feel confident enough in your numbers to invest further in your team.
How we can help
Bookkeeping Services & VAT
Ideal for: Small to medium businesses who want to get on top of their numbers but do not have the time for the admin or would rather focus on areas of their business where they can bring maximum value.
We provide our bookkeeping services using Xero cloud accounting. This will include:
Processing purchase invoices
Raising sales invoices
Reconciling the bank
Posting accounting journals
Review and submission of quarterly VAT returns
Starting from £100 + VAT pcm
Ideal for: Businesses structured as a Limited Company in the UK. If you have set up as a Limited Company you must submit annual accounts to Companies House and Corporation Tax returns to HMRC.
We will pull together your statutory accounts and corporation tax calculation. This process will include:
An initial “year end” meeting just before your financial year end to discuss your estimated tax liability and your results
A review of what you, as a business owner, are able to take as dividend
A detailed review of your books
Preparation and filing of statutory accounts
Preparation and filing of corporation tax return
Starting from £30 + VAT pcm
Statutory Accounts & Corporation Tax
Ideal for: Businesses who have taken on employees and therefore need to run a payroll scheme.
We can assist in:
Preparation of monthly or weekly payroll
Filings with HMRC
Management of auto-enrolment
Submission of payslips
Payment set up for employees and/or HMRC
Starting from £50 +VAT pcm
Please note: we do not offer payroll as a “standalone” service.
Payroll Processing
Ideal for: Anyone who earns money outside PAYE (payroll) in the UK
As a business owner, you will need to submit a self-assessment tax return each year. If we are already preparing your business accounts, this service will include:
Financial planning to ensure you are extracting money from your business in the most tax-efficient way
Preparation and submission of your self-assessment tax return to HMRC
Starting from £25 + VAT pcm
Personal Tax
Ideal for: More established and growing businesses seeking insight into their financials and advice on business decisions.
A full-time finance director can be very expensive, but also brings a wealth of knowledge and experience to help you navigate the ups and downs of a growing business. For many small to medium-sized businesses, it seems like this knowledge and experience is out of reach, just when they need it the most. This is where we can help!
Jenny is an experienced finance professional who has worked across many different industries and in companies large and small. She can provide a service to suit your needs - whether it is a couple of hours a month to attend your monthly management meeting and provide valuable insights, or a short-term project to do an overhaul of your systems and processes.
Services that we can offer:
Attendance at Board meetings or external meetings as required
Overseeing the production of accurate monthly management accounts and reports
Establishing KPIs (key performance indicators) that are right for your business, and monitoring these for you
Advising on cash flow management, and assisting in sourcing new finance where necessary
Review of business systems and functions - making recommendations for improvements, and overseeing implementation
Running your own business can be lonely and stressful at times. Having an experienced business advisor available to act as a sounding board can be a big support. As an external party, we can often see things that you may have missed and we are never afraid to point this out.
We are keen to build a partnership with our clients, and see their businesses succeed.
Starting from £500 + VAT pcm
Virtual FD Services (Business Advisory)
How it works
We set our clients up with cloud accounting software and request that they upload their purchase invoices as they go along throughout the month - there is a handy app that you can use to snap photos of any receipts on the go, and it saves handing over a shoebox of invoices at the end of the month!
This means that we keep things up to date for you throughout the month. We will send you a list of outstanding items at month end, and review the financials to give you an accurate picture of your performance each month.
For clients that want more advisory services from us, we will prepare financial analysis and have a monthly or quarterly meeting with you to go through your performance and answer any ad hoc business queries you may have.
We are here throughout the week for our clients if they have any questions - one of the team will always be able to assist or point you in the right direction. I always tell my clients that I need to know everything - I don’t like surprises at the end of the year!
At Nutshell Accounts we like to know that we are a good fit for our clients - we want to work as a partnership. The first step in working with us is an exploratory call to discuss your current frustrations and find out what services you might require.
For most engagements, we are able to prepare a detailed proposal with your requested services in the meeting so that you are clear on the investment that you will be making.
Should you choose to work with us, we will make the handover from your existing accountants as smooth as possible.