Our team can assist you in
Our digital bookkeeping service goes beyond basic data entry. We utilize advanced reporting tools to analyze your financial information, providing you with valuable insights into your business performance
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Assessing your book-keeping requirements
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Setting up appropriate book-keeping technique
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Train you up cloud bookkeeping software where necessary
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Updating day to day bookkeeping using appropriate technology
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Overseeing and advising bookkeeping activities if you have separate bookkeeper
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Generate real time report for management decision making
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Make appropriate adjustment as and when required
See what our clients says
Client Overview
Matthew Staley-Harrison, Director of 365 Group Ltd and four other companies, approached HD Accountancy amidst a turbulent period marked by rapid business growth and significant compliance challenges. Matthew's businesses experienced exponential growth, with turnover increasing from £240K to £1.7M and then to over £3M within two years. However, the transition was marred by poor support from previous accountants, leaving Matthew's companies' accounts and compliance work in disarray.
Challenges
- Overdue Accounts and Corporation Tax: When Matthew joinedus, his companies accounts and corporation tax (CT)Mubmissions were overdue, with necessary documents missing
- Unreconciled Transactions: His Xero account had over 5000 unreconciled transactions, and previous years accounts were Mubmitted without proper reconciliation
- HMRC VAT Investigation: One of his companies was under an abandoned VAT investigation, and HMRC was chasing for compliance
- Business Growth: Rapid growth left Matthew with little time to manage compliance, putting additional pressure on ensuring accurate financial management.
- Complex Cash Flows: Intercompany transactions and applying proper VAT rules added to the complexity of the financial landscape.
