This package is tailored for UK start\u2011ups established within the last two years, covering the full accounting journey from company incorporation to the filing of your first annual accounts. We understand that early\u2011stage businesses have limited resources and face numerous compliance requirements, so we have designed this cost\u2011effective \u201cone\u2011stop\u201d compliance solution to let you focus on product development and market expansion.<\/p>\n
Company Registration and Accounting System Setup \u2013 We assist you with company registration at Companies House to obtain your Company Number and UTR (Unique Taxpayer Reference). We set up a corporate accounting system compliant with UK Financial Reporting Standards (FRS 105 or FRS 102), including a tailored chart of accounts, cost centres, and project codes, ensuring from the outset that your financial data is standardised and complete.<\/p>\n
Monthly Bookkeeping and Transaction Classification \u2013 Each month, our experienced bookkeepers process all business transactions \u2013 sales invoices, purchase receipts, bank transfers, credit card transactions, expense claims, etc. We classify each transaction into the correct accounting categories and upload everything to the cloud platform, allowing you to log in anytime to view your up\u2011to\u2011date financial position.<\/p>\n
Bank Reconciliation and Cash Monitoring \u2013 Bank transactions are automatically synchronised and reconciled on a weekly basis. We actively monitor your cash flow and alert you when the balance falls below a pre\u2011set threshold, providing practical recommendations to improve liquidity.<\/p>\n
Statutory Annual Financial Statements Preparation \u2013 At the end of each financial year, we prepare full statutory financial statements from your monthly bookkeeping data, including the Profit & Loss Account, Balance Sheet, and Cash Flow Statement, all prepared in accordance with UK GAAP and ready for filing with Companies House and HMRC.<\/p>\n
Annual Accounts Submission \u2013 We file your annual accounts (abridged or full, depending on company size) with Companies House and submit the Company Tax Return (CT600) to HMRC, calculating the Corporation Tax due. We track all filing progress and ensure all submissions are made before the statutory deadlines.<\/p>\n
Payroll Support \u2013 If you have employees, we help set up your PAYE payroll system, calculate monthly wages, deduct income tax and National Insurance, and file Real Time Information (RTI) submissions with HMRC. We also provide P60 annual tax summaries and P11D benefits\u2011in\u2011kind returns where applicable.<\/p>\n
Tax Compliance Reminders and Planning \u2013 We create a tailored tax compliance calendar, reminding you well in advance of all filing and payment deadlines for Corporation Tax, VAT, PAYE, etc. We also offer quarterly tax planning consultations to help you take advantage of reliefs and incentives available to start\u2011ups.<\/p>\n","protected":false},"excerpt":{"rendered":"
This package is tailored for UK start\u2011ups established within the last two years, covering the full accounting journey from company incorporation to the filing of your first annual accounts. We understand that early\u2011stage businesses have limited resources and face numerous compliance requirements, so we have designed this cost\u2011effective \u201cone\u2011stop\u201d compliance solution to let you focus […]<\/p>\n","protected":false},"featured_media":18738,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"product_brand":[],"product_cat":[191],"product_tag":[],"class_list":["post-18759","product","type-product","status-publish","has-post-thumbnail","product_cat-consulting-services","first","instock","shipping-taxable","product-type-simple"],"_links":{"self":[{"href":"https:\/\/aybnfinance.co.uk\/index.php?rest_route=\/wp\/v2\/product\/18759","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aybnfinance.co.uk\/index.php?rest_route=\/wp\/v2\/product"}],"about":[{"href":"https:\/\/aybnfinance.co.uk\/index.php?rest_route=\/wp\/v2\/types\/product"}],"replies":[{"embeddable":true,"href":"https:\/\/aybnfinance.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18759"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aybnfinance.co.uk\/index.php?rest_route=\/wp\/v2\/media\/18738"}],"wp:attachment":[{"href":"https:\/\/aybnfinance.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18759"}],"wp:term":[{"taxonomy":"product_brand","embeddable":true,"href":"https:\/\/aybnfinance.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fproduct_brand&post=18759"},{"taxonomy":"product_cat","embeddable":true,"href":"https:\/\/aybnfinance.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fproduct_cat&post=18759"},{"taxonomy":"product_tag","embeddable":true,"href":"https:\/\/aybnfinance.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fproduct_tag&post=18759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}