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0208501 7746

info@sherperd.co.uk

Our Work

We aim to deliver high quality professional services in order to create value for our clients

Business start-up

Most people who start up in business do so because they have a good business proposition and the enterprise and commitment to see it through, not because they are experts in the legal, financial, and fiscal aspects of running a business. 
Indeed, these matters can often seem daunting, and even off-putting, to the budding entrepreneur. The good news is that you do not need to be an expert in these fields to succeed in business. All you need is the support of a team of trained experts. 
That's where we fit in. Bring us your business ideas and we'll help you to evaluate them in a constructive and realistic manner. We can also help you:

  • Decide on the most suitable structure for your business - sole trader, partnership, or limited company
  • Prepare a business plan, cash flow projections, budgets, and trading forecasts
  • Assess your finance requirements, advise on the best sources of finance, and draw up the necessary proposals
  • Establish a good working relationship with your bank
  • Complete any registration procedures with Companies House, Inland Revenue, or Customs and Excise
  • Deal with company secretarial issues
  • Set up a recording system for your internal use and for complying with statutory requirements

 

BOOKKEEPING & ACCOUNTING

We can relieve you and your staff of an enormous burden by taking care of all your bookkeeping and accounting needs, including the preparation of your annual accounts. 
Our first step is to work with you so we can gain a full understanding of your business. We then tailor our approach to your requirements so we can provide exactly the service you need. 
Besides your core bookkeeping, we can also maintain your VAT records, prepare and take on short-term projects to relieve your staff of any temporary overload. 
But perhaps the most important part of this service is the preparation of management accounts. These are vital to the continued success of your business. We discuss your requirements with you and provide you with tailored information and constructive advice on a regular basis

VAT

Value added tax is one of the most complex and onerous tax regimes imposed on business - so complex that many businesses inadvertently overpay or underpay VAT. 
The ever widening scope of VAT, the constant stream of detailed changes to the regulations, and the ever growing demands of Customs and Excise call for a trained professional eye to ensure that you do not fall foul of the regulations and do not pay the Exchequer more than you need to! 
We provide an efficient cost effective VAT service, which includes:

  • Assistance with VAT registration
  • Advice on VAT planning and administration
  • Use of the most appropriate scheme
  • VAT control and reconciliation
  • Help with completing VAT returns
  • Planning to minimise future problems with Customs and Excise
  • Negotiating with Customs and Excise in disputes.

PAYROLL

Administering your payroll can be time consuming and burdensome, diverting energy and resources from the core activities of your business. And the task is made all the more difficult by the growing complexity of taxation and employment legislation and the accompanying regime of penalties for non-compliance. 
We have dedicated staff that can relieve you of this burden by providing a comprehensive and confidential payroll service, including:

  • Customised payslips
  • Administration of PAYE, national insurance, statutory sick pay, statutory maternity pay, etc
  • Completion of statutory forms, including year-end returns, to issue to your employees and submit to the HMRC
  • Summaries and analyses of staff costs
  • Administration of incentive schemes, bonuses, and ex-gratia and termination payments
  • Administration of pension schemes

 

SELF -ASSESSMENT.


  • The term 'self-assessment' is proving to be one of the great misnomers of all time. Many taxpayers struggle to understand the complex tax returns and complete them correctly. In the first year of the regime alone, 775,000 taxpayers received £100 penalties for failing to submit their returns on time, and some 400,000 incurred further penalties because their returns were still outstanding six months later!
  • The constant stream of changes to tax legislation means not only that the returns are becoming even more difficult to understand but also that taxpayers risk incurring more penalties through failing to complete their returns on time or correctly.
  • We can save you a lot of time, worry, and money by handling your self-assessment for you. We will do all the necessary computations, complete your return, and even offer advice on how you can minimise your tax liability.
  • We can act as your agent, dealing directly with the Inland Revenue on your behalf and, should you be selected for a self-assessment enquiry, act for you at any meetings

Services List


  • Decide on the most suitable structure for your business - sole trader, partnership, or limited company
  • Prepare a business plan, cash flow projections, budgets, and trading forecasts
  • Assess your finance requirements, advise on the best sources of finance, and draw up the necessary proposals
  • Establish a good working relationship with your bank
  • Complete any registration procedures with Companies House, Inland Revenue, or Customs and Excise
  • Deal with company secretarial issues
  • Set up a recording system for your internal use and for complying with statutory requirements