Broadhead Accountants Limited


London based Chartered Accountants providing personal service



Xero Podcast




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  • CompanyAccounting_Slide

Accounting and Taxation




We know that company accounting can seem painfully complicated sometimes, but don’t worry – we’re here to help.

Taking the stress out of accounting and taxation filings we can cover everything, from the basics to the more complex, leaving you free to focus on what’s important – your business.

Broadhead Accountants Limited are London based Chartered Accountants. Familiar with all UK accountancy regulations, tax is our business. From financial statements to corporation tax filings, we support you through the entire process, no matter if your business is big or small. Furthermore, as we’re ICAEW accredited, you know you are benefiting from the highest professional and ethical standards, complete with a formal complaints process (although we’re certain you won’t require that!).

Need additional advice throughout the year? No problem. It’s what we’re here for and such advice is usually included, at no extra charge, in our fee arrangements.

With our personal, empowering service, our involvement with your business can range from preparing historical calculations to planning for the ideal structure to minimise your taxation.

Still undecided? Why not join us for a coffee and a no-obligation introductory meeting to talk it through in more detail?


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  • ProfDirector_Slide

Professional Directorships




The company director of Broadhead Accountants Limited, Mark Broadhead, has a wealth of local and international expertise to aid your business.

With over eleven years of UK finance experience, Mark has a wide international business background with exposure to performance management, systems design and marketing. This means you’ll benefit from this huge wealth of experience, at a time and place that best suits the needs of your business.

By investing in a flexible, professional director with significant small business experience, you can measure and review your performance and maximise success.

Get in touch with us to find out more.


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  • VirtualDirector_Slide

Virtual Finance Director




Thinking of employing a new member of staff to manage the day-to-day finances of your growing business? Don’t rush into it! For a fraction of the cost of a new employee, we can offer you the support of a Virtual Finance Director service.

It’s wonderfully simple, really. Our Virtual CFD services can provide you with:

  • A better understanding of the financial aspects of your business via improved quality and relevance of financial information including budgets, trend analysis and Key Performance Indicators (KPIs); and
  • A sounding board to assist with those tough business decisions and help you clarify and/or revise your business plans.
  • With our background in managing bureaucracy, we gain efficiencies for your business through contemporary, effective accounting practices including using the latest software offerings. This should provide you with more time to focus on new services, new customers and other core business.

    Still undecided? We’d love the chance to talk about it with you. Give us a call for a completely free, no-obligation discussion.


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    • Visa_Slide

    Visa Support




    Need assistance demonstrating your income to the Home Office (UK Border Agency) for visa applications? Talk to us – Broadhead Accountants Limited can help.

    Delivering swift, accurate information, we are highly experienced in preparing financial statements and support for visa documentation, with everything and more you’d expect from Chartered Accountants. We can prepare the documentation you need quickly, and well in advance of your scheduled deadlines, ensuring that we evidence how you have met your income threshold/requirements and avoiding unnecessary delays.

    Whilst we cannot provide visa advice such as completing the Home Office documentation, our appreciation and experience of the process has proved helpful to our clients. You can be assured that the documentation for your income will be accurate, timely and diligently prepared. Such documentation usually involves completing financial statements, salary and dividend documents and writing a letter of support.

    Please contact us to discuss assisting with your visa application documents.


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    • BusinessPlanning_Slide

    Business Planning




    Broadhead Accountants Limited has a wealth of business experience to draw upon to help shape your business, from the analysis of business performance measurements to assisting with marketing, internal systems and product design.

    Talking to the right Chartered Accountant will enable you to best manage the opportunities available to you. Such advice may range from conservative advice on how to minimise expenses and risk, to proactive suggestions on performance measurement and available business opportunities. As we are familiar with many of the barriers to success such as bureaucracy, we have helped many businesses grow.

    We provide a confidential, no-obligation meeting (up to an hour) to discuss your ideas, so why not give us a call to find out more about what we can do together?


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    • Personal_Slide

    Personal Taxation Returns




    Are you using Broadhead Accountants Limited to complete your self-assessment tax return yet?

    HM Revenue and Customs may request a self-assessment personal tax return from you for a number of reasons, including:

    • Employment income above a threshold or untaxed employment benefits;
    • Holding a company directorship;
    • Share investment income (dividends);
    • Property rental income;
    • Foreign income.
    Using the latest working practices, including electronic filing, we will ensure that your taxation return is accurate and secure, no matter your individual circumstances.

    Whilst we have considerable experience handling taxation returns for UK non-domiciled taxpayers and individuals with multiple income sources, including offshore, we also have experience dealing with straightforward returns, too. Whatever you need, big or small, we can help!


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    • Incorporations_Slide

    Company Incorporations




    Thinking of setting up a UK company? Come talk to us at Broadhead Accountants.

    With clear, practical advice from the offset, we can steer you through the entire process, advising on everything from the company name to the best trading structure to minimise tax and manage the administration.

    Best of all, because we can file all the paperwork electronically, we can usually complete the entire process within one working day of receiving your details – meaning you can commence trading swiftly.

    For a new venture, you might wish to consider setting up a limited company. A limited company separates liability from the company owners and is usually a more tax efficient trading structure. We can elaborate on the advantages and other options as convenient to you, as well as ensuring that you easily meet your legal obligations as a company director.

    To incorporate a company, please contact us.


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    • Electronic_Slide

    Electronic Filings




    Broadhead Accountants Limited use the latest the software and processes to handle electronic filings for financial statements when we correspond with Companies House and HM Revenue and Customs.

    Keeping this software up-to-date is no easy (or inexpensive) feat. Therefore, if you’re an accountant who does not have direct access, get in touch – we have a filing-only service available for your use.

    We are incredibly flexible, and offer these services to other accountants, too, accepting information part-way through the accounting process (usually at the trial balance stage). All work is completed to the same high standards as our own clients, and, naturally, fully confidential.

    Please contact us to find out more!


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    • Cloud_Slide

    Bookkeeping with Xero




    As a technology lead practice, we’re advocates of Xero-Cloud Accounting. Just as more of us are using cloud-based technology at home to save our documents, cloud accounting, too, is increasing in popularity. A great innovation, cloud accounting allows accurate and up-to-date accounting records to be maintained free of the limitations of traditional accounting systems.

    We’ve partnered up with the clever people over at “Xero”, and we’re confident that they are the market-leaders when it comes to solid book-keeping solutions. Designed for “non accountants” use, Xero even incorporates bank data downloads via bank feeds (authorisation required) to keep your accounts right up to date.

    The main benefits of the system are:

    • Regular bank downloads/checks;
    • Easier invoices and debtor management;
    • VAT and management reporting;
    • No other software required; and
    • Data security (backed up off site as well as password protected).

    Xero has a very intuitive design, which makes using Xero simple and straightforward. All we need is for you to authorise a bank feed – which we can help with, naturally – and we’ll cover everything else.

    With the cloud accounting model, files do not need to be exchanged individually. As you upload an invoice or expense onto Xero, you can eventually reconcile it with the downloaded bank statements, streamlining the process and saving you the hassle of sending us your income and expenses workings.

    One of the strengths of Xero over traditional accounting systems is its functionality. Invoices can be produced from within the Xero program itself, which can then be matched as payments are deposited into the company bank account. Coding items is also easier thanks to a simple drop-down list, and even if you stumble across an item that’s harder to categorise, you can add a comment right there in program – making it easy to communicate with us.

    Still unsure? Why not give us a quick, no-obligation call to talk about Xero? We can hook you up with a free trial.

    If you have started using Xero we have a online guide we can direct you to.

    For more information please see:
    Xero Benefits
    Using Xero
    Xero Features

    xero-logo-lowres-RGB


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    • Dissolutions_Slide

    Company Closures




    Have you finished trading with your limited company and are unsure what to do next? Please speak to us. We can help with the closure of your company, and we’re experienced in everything from paying creditors, requesting the dissolution of the company, to filing all financial statements/corporate tax returns.

    The dissolution process begins by completing a simple form called a DS01. Once each director has signed, return the original form to us. Providing the company has been “dormant” for three months, Companies House will ensure that you’ve ceased trading by giving the public the opportunity to object to the planned dissolution.

    Remember: before seeking the closure of the company, you must ensure that any taxation liabilities/creditors are cleared and close the company bank account. Any remaining assets will fall to the government once the company’s dissolved, so make sure you’ve transferred everything before the company’s officially dissolved!

    Would you like to know more? Pleas get in contact and we’d be delighted to give you more information.


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    • Factsheets_Slide

    Information




    We have available a range of factsheets on various accounting/ taxation topics.

    Initial Information:
    - Introduction
    - Incorporation Information

    Advice for established companies:
    - Construction Industry Scheme (CIS) Information
    - Expenses Information
    - Business Entertainment
    - Childcare Vouchers
    - Annual Filings
    - Day to Day Accounting
    - Statutory Maternity Pay (SMP)/ Statutory Paternity Pay (SPP)
    - VAT Information
    - Visa Application Information
    - Xero
    - Excel

    Please contact us for a copy of any of the above factsheets.

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    Forms




    All Forms

    Name
    Description
    Owner
    Relevance
    Link
    64-8Authorising your agentHM Revenue and CustomsAll taxpayersClick here
    SA1Registration for Self Assessment
    HM Revenue and CustomsIndividual taxpayersClick here


    Accounting and Taxation
    Professional Directorships
    Virtual Finance Director
    Visa Support

    Business Planning
    Personal Taxation Returns
    Company Incorporations
    Electronic Filings

    Bookkeeping with Xero
    Company Closures
    Information
    Forms