Whether you operate as a company, LLP, partnership or as a sole practitioner, you are required to prepare financial statements annually.

We understand the specific requirements of solicitors and the importance of preparing annual accounts efficiently. In doing so, our fees will always be competitive and you will receive your accounts promptly.

We are recognised as a firm with integrity by other professionals including high street and city banks, the Law Society and HM Revenue and Customs. This means that in engaging us to prepare your accounts, you can depend on their accuracy and reliability.

Do you really know how to interpret your firm's financial statements?

Would you find it helpful if your accounts were explained to you concisely and without using jargon?

Every year we will sit down and meet with you to help you recognise the importance of key issues arising from your accounts. In turn, our ideas may help you identify areas to improve your ongoing financial position.

We see the preparation of our client's accounts as the starting point rather than the end result.

Would you benefit by having somebody independent and proactive to assess your internal systems and procedures?

As a registered auditor, Styles and Co are qualified to complete your Accounts Report under the Solicitors Accounts Rules 1995 and complete statutory audits for LLP's and Incorporated Practices.

As part of the audit, we will advise you on ways of streamlining operations within your organisation to help you save money and minimise the risk of fraud.

One of the most time consuming and, potentially, error prone areas of running a business is the maintenance of your payroll. HM Revenue and Customs regulations are constantly being updated and your employees require their net pay to be calculated accurately.

We have an experienced payroll team who can operate all aspects of your payroll efficiently, including the preparation of weekly and monthly payslips and year end returns.

The penalties for failing to comply with current tax legislation and obligations can be extremely severe and may cause significant damage to yourself personally and to your practice.

It is important that your taxation affairs are handled efficiently and kept fully up to date.

At Styles and Co, we have a team of qualified accountants and ex-Revenue trained tax specialists who will assist you to fulfil your responsibilities in this area.

Have you got the time and expertise within your practice to complete your VAT return competently and on time?

Have you got better things to do with your time than spend it laboriously keeping your VAT records in order and in accordance with current legislation?

If you were to have a VAT inspection next week, are you convinced your firm will remain unaffected by the findings?

It is important to maintain your VAT records so that your VAT returns may be completed accurately, efficiently and on time.

At Styles and Co we can remove the administrative burden by completing the relevant work on your behalf.

Tax investigations can be very stressful and may cause even the most compliant partner high levels of anxiety.

Our tax specialists are experienced in dealing directly with HM Revenue and Customs on behalf of a wide range of clients covering many industry sectors. Our expertise, together with our practical approach to handling this sensitive area, often leads to us reaching an expedient conclusion.

In doing so, the impact of any additional tax, penalties and interest could be mitigated whilst freeing you from the anxiety and inconvenience often associated with back-duty enquiries.

As part of your growth strategy, we can assess the advantages and disadvantages of incorporating your firm.

If you decide to form a limited company or a limited liability partnership (LLP), we can deal with all the formalities on your behalf.