Accounts

Right format, right time.

As you’d expect, we’ll give you accounts that are prepared in the correct statutory format at the correct time.

But that’s not all. Rather than just preparing your accounts once at the year end, we’ll complete our work on your accounts every month within your software. 

What Does This Mean For You?

Every month we will log in to your accounting software and:

• Check that all bank accounts and/or credit cards are reconciled to your statements.
• Review any outstanding invoices you are yet to pay or be paid and check they are relevant.
• Post accounts adjustments such as depreciation, prepayments and accruals.
• Reconcile all taxes to HMRC to ensure that the balances are correct, and any tax refunds can be claimed as soon as possible.
• Sense-check transactions and offer suggestions for improvements.
• Send you a monthly report so you can see how your business is performing in real-time.

You will still receive your full statutory annual accounts at the end of the year – but this will just be a formality, as you will already be in-the-know about your financial position.

Tax Planning and Advice

How useful would it be to look at how you can save tax on a regular basis – even if it’s just to make sure everything’s been optimised effectively?

You will benefit from our very own in-house chartered tax adviser who will ensure you receive regular, tailored advice on minimising your tax.

For your business, we will provide you with:

• Annual taxability reviews every February to make sure your personal tax is minimised.
• A business tax review two months before your year end so that your business pays as little tax as possible.
• A post year-end review to make sure all your expenses and allowances have been properly claimed.

You will also have access to tailored tax advice on Inheritance Tax planning, selling your business and/or restructuring your business. You will receive a report with the options available to you and our suggestion on the best route for you to take.

Bookkeeping

Professional records, flexibly delivered.

If you’re not an expert bookkeeper, why waste your time writing up accounting records when you could be out earning money?

If you let us do it, whether at your office, our office, or a combination of both, you’ll have peace of mind that your records will stand up to scrutiny by the tax and VAT man.

Payroll

Taking the weight off your shoulders.

Running a payroll can be incredibly time-consuming and complicated, and can divert resources from the core activities of your business. If this is a problem for you, our payroll team can solve it. By asking us to look after your payroll, there’ll be no more form-filling, keeping up with legislation or updating payroll software for you to do. All at an investment that makes economic sense for you.

One-Page Plans

Your Business OnePagePlan (BOPP) measures key performance indicators (KPIs) within your business (e.g., lead generation, sales conversion, overhead costs, customer delight, etc.) against pre-set targets on a monthly basis. Based on the balance scorecard, it helps you move towards a predefined set of goals and take action to achieve the results you require.

We can attend monthly, bi-monthly or quarterly meetings to discuss your BOPP and check that you continue to make progress.

Once you’re happy with your BOPP, you may choose to start using Team OnePagePlans (TOPP) and Personal OnePagePlans (POPP).

Someone once said, ‘What gets measured gets done,’ and your BOPP is the best way to measure your business.

Xero

By keeping your records in the cloud and digital, you can create huge efficiencies and time savings so you can spend your time on revenue-generating activities, as opposed to digging through folders of receipts.

GreenStones are a Platinum Partner of the Cloud bookkeeping software. We can manage your monthly Xero licence, as well as providing you with full training and support, a review of your current system and recommendations for any improvements.

Research and Development Tax Credits

Research and Development (R&D) isn’t just for professors or science labs, we’ve helped a wide range of industries claim tax relief on this – ranging from independent financial advisers to those in the construction industry. We can help you identify if your business is carrying out R&D and this can lead to huge savings on your tax bill.

Our dedicated tax manager will work with you to:

• Determine if you qualify for this tax break.
• Write a report about the R&D work you have undertaken.
• Submit the report, with calculations, to HMRC to ensure you are receiving full tax relief.

We can also help you to structure your business to ensure you make the most of any future claims.

Management Accounts

You need regular management information – it’s vital to the continued success of any business. Work closely with us and we can make suggestions to help improve profits or develop and grow your business.

We can prepare your monthly or quarterly management accounts to make sure you always have reliable and accurate information on which to base your business decisions.

Forecasts and Budgets

If you haven’t set budgets for this year and understood what effect they might have on your cash flow, you’re running the risk of running out of cash. You’ll get detailed operating projections and cash flow forecasts to give you peace of mind that you’re moving in the right direction.

BoardView

Every single one of the UK’s most successful and profitable businesses holds regular board meetings to discuss strategy. So, we’d like to invite you to benefit from our exciting BoardView service.

Here’s how it works …

We’ll gladly come to any of your key business meetings as a resource to help you make the very best use of your time.

You can draw on us in any way you want – from silent observer to adjudicator, technical adviser to independent sounding board, chair to minute-taker, or as the facilitator for brainstorming sessions. We can even prepare the agenda if you’d find that helpful.

In our experience, when smaller businesses – even one-man band businesses – start holding board meetings they immediately start thinking like, acting like and achieving like their bigger and more successful counterparts. So, if you’re not already in the habit of holding regular board meetings, it could just be what you need to really give your results a boost.

Some of the benefits you’ll enjoy with BoardView include:

• Meetings that rise above office politics to focus on the really important issues.
• Meetings that are disciplined and kept on track.
• An outsider’s perspective.
• External support and accountability for actioning agreed plans.

100% Money-Back Guarantee

Remember, you can ask us to return every penny of your investment in our services if you’re not 100% satisfied. We’ll refund it without question. That’s how confident we are that GreenStones can make a very real difference to your success.

So, since the risk is all ours, what have you got to lose by giving us a call to find out if we are the right fit for you?