What can we do for you?
Let us remove the hassle and stress involved with the financial administration and statutory requirements of your organisation.
Our team is highly trained in helping not-for-profit organisations comply with many aspects resulting from today’s proliferation of bureaucratic “red-tape.”
Prompt and Accurate Accounts for Your Organisation
We understand the requirements of charities and other not-for-profit organisations.
The importance of preparing annual accounts efficiently cannot be understated. By investing in specialist accounts production software and developing specific knowledge in this sector, we are able to competitively accommodate your needs and requirements.
If need be, we can assist you in understanding technical aspects related to your accounts including the SORP and public benefit reporting requirements.
We are recognised as a firm with integrity by other professionals including solicitors, HM Revenue and Customs and the Charity Commission. This means that in engaging us to prepare your accounts, you can depend on their accuracy and reliability.
Understanding Your Accounts Better
Do you really know how to interpret your organisation’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.
Implementing Financial Forecasting and Budgetary Control
From a financial perspective, do you know where your not-for-profit organisation is now, how it got there and where you would expect it to be over the coming months and years?
Have you got a robust financial plan in place?
If you haven't got a plan, how can you control the way your organisation develops?
We specialise in working with our clients to help them plan effectively for the future.
At Styles and Co, we use specialist financial modelling software to create financial projections for our clients, against which your performance can be measured and monitored.
In doing so, we assist our not-for-profit clients to clearly define their financial goals and to achieve them.
Audits Aimed at Benefiting Your Organisation
Would you benefit by having somebody proactive to assess your internal systems and procedures?
As a registered auditor, Styles and Co are qualified to perform the audit, either statutory or non-statutory, of your organisation’s financial statements.
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.
Operating a Hassle-free Payroll
One of the most time consuming and, potentially, error prone areas of running an organisation 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.
Keeping Your Organisation’s Tax Affairs in Shape
The penalties for failing to comply with current tax legislation and obligations can be extremely severe and may cause significant damage to your organisation.
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.
Freeing Your Staff From the Burden of VAT
Have you got the time and expertise within your organisation 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 organisation 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.
Escaping the Worry of Company Secretarial Compliance
At Styles and Co we can assist you in the ongoing routine company secretarial requirements of a limited company.
We will save you time by completing all the necessary forms for you and by submitting them to Companies House on your behalf.
Incorporating Your Organisation
As part of your overall strategy, we can assess the advantages and disadvantages of incorporating your organisation.
If you decide to take this route and form a limited company, we can deal with all the necessary paperwork on your behalf.