Part
Time Finance Director
We can support your business by providing the services of an experienced
finance director who can work with you to achieve you strategic goals. We know that the expertise
of a Finance Director is an essential requirement in order for any business to successfully develop. We can act as part-time
Finance Director to businesses that want to progress, but do not need or cannot afford to employ a full-time FD.
We do all the work that a full-time Finance Director would do if you had one. Our Finance Director will provide you with
advice and guidance. They prepare numbers that describe the business in the way that YOU understand. Cash will be managed
to enable you to survive and expand and full profit and loss analysis will be undertaken. We can be with you often enough
to understand the business and infrequently enough to bring a fresh perspective to problems and can assist you in presenting
the business to banks, investors and other stakeholders. Systems will be improved and streamlined to access the right
information at the right time.
We also know who to go to if specialist advice is required on ICT, HR and insurance.
Example of areas undertaken:-
- Oversee finance function
- Review of management accounts
- GP analysis,
performance management and KPI's
- Annual budgetary process
- Cash flow planning
- Raising finance
-
Cost reductions
- Foreign exchange policy/Importing
- Government grants
- R&D tax credits
Budgets and Cash flow Forecasting
To measure and analyse your
business performance you need in-depth, clear, concise accounting information. At PJR Accountants we know the importance of Planning
and Control. We work with you to help ensure you understand the figures presented to you and can interpret these to make proactive
changes in your organisation to counter things like market influences, slow moving product lines etc.We assist with you:
- Annual
budgets and forecasts
- Cashflow forecasts and planning
- Business plans
Our aim is to help you
understand your business financials to maintain profitability and to be able to grow your business.
Business Start ups
When starting a new business there are so many
areas to consider and therefore many clients turn to us for key advice from the outset. We will discuss with you the options
available and take care of the necessary forms and registrations ready for you to commence trading.We help you decide the
most suitable structure for your business, whether it is a sole trader, partnership, limited liability partnership or limited
company and our cost-effective company formation service ensures all you have to do is choose a name! In addition, for your
start-up business we can:
- Prepare budgets, cash flow projections and business plans
- Complete registration
processes with Companies House and H M Revenue & Customs
- Assist in the establishment of internal procedures and
accounting records in order to provide you with management information and fulfil your statutory requirements
- Ongoing
Company Secretarial service.
VAT
The rules governing
Value Added Tax (VAT) are extremely complex with many organisations regularly underpaying or overpaying their VAT. To ensure
you do not fall foul of the relevant tax legislations, we offer a tax efficient VAT service which covers:
·
Advising you in relation to the need to register for VAT and when this must be done, or when it is beneficial to do so voluntarily
· Preparing and submitting your quarterly VAT Returns to H M
Revenue & Customs
· Evaluating special schemes available
such as the Cash Accounting or Flat Rate Scheme and whether these would be beneficial to your business.
Management Accounts
At PJR Accountants we look to provide
your business with timely, up to date financial information so you can react in a proactive manner to ensure you sustain ongoing
profitability.We can prepare management accounts and management reports on a monthly, quarterly or six-monthly basis to meet
your individual requirements. We know it is essential that you can understand the information provided so we ensure that we
explain this to you fully - helping you maintain control of your business finances. Our comprehensive reports will assist
you in:
- Managing debtors and creditors
- Cash flow planning and forecasting
- Profitability
- Performance
against budget and targets
- Year end accounts
Year End Accounts
Whether you are a sole trader, partnership or limited company, we can prepare for you a full set of annual
accounts to meet your statutory requirements with H M Revenue & Customs and Companies House for limited companies.
We will discuss these annual accounts with you in order to:
- Evaluate your company performance during the year
- Compare results to last year and see where improvements can be made
- Advise you of potential tax liabilities
and strategies to minimise them