SMALL BUSINESS ACCOUNTING SERVICE FOR INFORMED DECISION MAKING
Welcome to Baxterworld, where financial excellence meets cloud-driven innovation. Our small business accounting service provides expert insights, greater efficiency for your administration and worry free compliance.
We specialise in providing tailored solutions for businesses seeking seamless monthly management accounts and fully outsourced bookkeeping.
Are you searching for an expert in your industry?
Hospitality Specialists
KPIs utilising bed occupancy? Cash flow forcasts for getting you to the busy seasons? We’ve got you covered, with over 20 years industry experience.
Food and Beverage Specialists
Do you have multiple venues of bars, restaurants or cafes? We can split up performance indicators for each site.
Tech and IT Specialists
Tech companies often look for innovative solutions to link to their systems. This is the sweet spot for our accounting services
Charity Specialists
We can help with good Governance, SORP and maximising gift aid
Nothing beats a good recommendation
Meet some of our clients who use our Full Accounts Department Service. It’s the perfect small business accounting service for growing ventures. We’re delighted to work with these exciting companies and are particularly grateful they agreed to endorse the service for us.
Think we could work well together?
Fixed monthly fees
You will never get a bill from us that you’re not expecting. We go through the services that you want to use and then agree a price. You’ll only pay for what you need.
Chartered
We are CIMA chartered accountants, which means we’re rigorously qualified to produce management accounts.
Phone Support
There’s continuous phone support available during office hours. We’re here to help your business run smoothly and answer any questions you have.
Fixed monthly fees
You will never get a bill from us that you’re not expecting. We go through the services that you want to use and then agree a price. You’ll only pay for what you need.
Chartered
We are CIMA chartered accountants, which means we’re rigorously qualified to produce management accounts.
Phone Support
There’s continuous phone support available during office hours. We’re here to help your business run smoothly and answer any questions you have.
What about software? technology? integration?
What about technology?
We are a technology forward accountancy firm. If it’s safe, efficient and reliable, then we use it. We use cloud-based software to ensure that your data is easily accessible, can be integrated into other systems (e.g. POS) and is therefore protected by industry leading security protocols.
We are accredited trainers of Quickbooks and Xero accountancy software. Therefore we are certified by the companies each year to ensure we know how to use and teach the software securely and efficiently.
We are big advocates of Dext, which assists a paperless bookkeeping system by scanning and processing receipts directly into your accounts software.
Be Audit You Can Be
One of the main benefits to outsourcing your accounting and bookkeeping is adaptablility. When your business grows and expands we can likewise grow with you. Therefore there’s no need to recruit or expand your office space when you open a new venue.
How much does it cost?
We work with a lot of small businesses so we know how important our price point is. Because of this, our services are tailored to suit each of our clients. When you engage with us we will organise a Discovery Call in order to find out the key indicators for your business and level of service you desire. This allows us to collate a proposal for you and we can go from there! Prepare to be impressed.
SERVICES
We provide all of the standard service offerings of a small business accountant. Click on the headings below for a quick explanation or click here for a more detailed explanation of how our accountancy services work.
Management Accounts
Monthly management accounts are a set of detailed financial statements prepared each month, providing up-to-date insights into your business's performance.
These reports usually include profit and loss accounts, balance sheets, and cash flow statements. They are vital as they offer a real-time snapshot of your financial position, specifically, enabling you to make informed business decisions.
Ultimately, by identifying trends and highlighting potential issues early, monthly management accounts help drive your business growth and profitability.
Annual Accounts
Annual accounts are comprehensive financial reports prepared at the close of a business's fiscal year, so that we can provide a complete summary of the company's financial activity.
They not only fulfill statutory reporting requirements but also aid stakeholders, such as investors, employees, and lenders, in understanding the business's performance and also its financial health over the year.
VAT
Navigating VAT returns can be complex, but that's where we come in. At Baxterworld, we meticulously manage your sales and purchases, in order to ensure every detail aligns with VAT regulations. Not only do we accurately calculate the VAT you owe or are owed, but we also take the lead in submitting these figures to the tax authorities for you.
So, say goodbye to late submissions and penalties! With us, rest assured that your VAT obligations are handled promptly and professionally.
Financial Planning
We create reliable forecasts and budgets in order to assist in raising finance and conduct meticulous cash flow planning for your projects, ensuring you're well-equipped for successful ventures.
Payroll
Harness the convenience of our streamlined payroll services at Baxterworld. Whether handling wage payments for a single employee or navigating payroll for a team of up to 1,000, in either case, we've got you covered.
Our service includes maintaining online accessibility of payslips for up to 3 years, addressing staff pay inquiries, managing international staff payments, and handling PAYE and minimum wage inspections on your behalf. Experience hassle-free payroll with our dedicated assistance.
Tax Services
We manage both company and personal tax returns with precision, ensuring your fiscal responsibilities are met. Our team excels in strategic tax planning designed to legally minimise your tax liabilities.
Plus, we handle tax enquiries on your behalf, allowing you to focus on what truly matters - driving your business forward.
Want to Know More?
Find out in more detail what our services entail
Small business accounting service
Want to move accountant but don’t know how?
Don’t worry, it’s easier than you think. We will communicate with your previous accountant and obtain the information we need from them. From there we transfer information to new systems (if required) and update the relevant parties (HMRC, banks etc). We keep the transition period as short as possible in order to minimise disrupton.
