This package is aimed at growing small and medium‑sized enterprises (SMEs) with annual turnover below £500,000 and between 5 and 50 employees. Businesses at this stage typically face more complex financial management challenges – multi‑currency transactions, inventory control, accounts receivable collection, budgeting, and more. Our advanced package covers all these areas and provides Virtual FD‑level professional support.
Comprehensive Transaction Recording and Multi‑dimensional Bookkeeping – We handle all daily business transactions, not only basic income and costs but also more complex items such as fixed asset depreciation, intangible amortisation, lease accounting, foreign exchange transactions, etc. We can process multi‑currency dealings (e.g. USD/EUR/GBP), translating them at daily exchange rates and accurately recording exchange gains or losses.
Advanced Bank Reconciliation and Cash Management – In addition to basic reconciliation, we consolidate data from multiple bank accounts (including foreign currency accounts), credit cards, and digital payment channels (Stripe, PayPal, Square, etc.). We provide a monthly liquidity analysis report to help you optimise cash holdings and short‑term investment arrangements.
Management Accounts and Performance Dashboards – Each month we deliver a complete set of management accounts including: revenue analysis by product/service line, gross and net profit margin trends, operating cost structure, aged accounts receivable analysis (with DSO metrics), accounts payable turnover, and other key performance indicators (KPIs). All data is presented in a visual dashboard for quick and clear insight into your business health.
Budgeting and Variance Analysis – We assist in preparing an annual operating budget and cash flow forecast, and track actual performance against budget each month. Significant variances are investigated and reported, with actionable recommendations to help management adjust strategies in time.
Statutory Audit Preparation Services – If your company meets the statutory audit threshold, we prepare a complete audit preparation pack containing all supporting vouchers, ledger schedules, related‑party transaction disclosures, etc. We can also coordinate with external auditors, representing you in discussions to reduce audit costs and shorten the audit cycle.
Annual Financial Statements and Tax Returns – We prepare full statutory accounts under FRS 102, including Directors’ Report and Strategic Report (where applicable). We compute Corporation Tax, file CT600, and actively identify available tax reliefs such as R&D Relief and Patent Box.
Payroll and HR Compliance Support – Full payroll processing including automatic enrolment workplace pension compliance, student loan deductions, attachment of earnings, etc. All quarterly and annual HMRC payroll submissions are handled by us.