Business

Business Startup

Away Office are here to provide new businesses with a comprehensive, tailored and professional service.

Our accountants for start-ups are experts with years of experience in providing business finance services for the new firms and know and appreciate the particular requirements and potential concerns.

SMEs

A small or medium-sized enterprise, or SME, is a business or company:

  • that has fewer than 250 employees; and
  • has either (a) annual turnover not exceeding £40 million or (b) an annual balance-sheet total not exceeding £34 million; and
  • of whose capital or voting rights, 25 per cent or more is not owned by one enterprise, or jointly by several enterprises, that fall outside this definition of an SME. This threshold may be exceeded in the following two cases: (a) if the enterprise is held by public investment corporations, venture capital companies or institutional investors provided no control is exercised either individually or jointly, or (b) if the capital is spread in such a way that it is not possible to determine by whom it is held and if the enterprise declares that it can legitimately presume that it is not owned as to 25% or more by one enterprise, or jointly by several enterprises, falling outside the definitions of an SME.Whatever your industry, our accounting and bookkeeping services can take away the stress of handling your finances yourself, allowing you to get on with running your company. We can provide a full accountancy service for your SME, including bookkeeping and filing, or we can simply work for you on an ad-hoc basis to give you advice when you need it. We can also help with payroll systems and finance recruitment.


Our accountants have many years of experience of working with small to medium sized businesses, and are proud to offer a professional and reliable service that is cost-effective and affordable. We know that you have many things to think about when running your business, so our service can take at least one of those worries away and give you peace of mind that your finances are being properly handled by the experts.

Contact us to find out how we can help your SME business with financial advice and guidance.

Bookkeeping for SME's

  • Sales and Purchase invoices coded and processed in the Accounting Software
  • All payments posted via the Purchase Ledger, Nominal Ledger and Bank
  • Aged creditors report produced and reconciled against supplier’s statements
  • All bank transactions are posted to the bank account and corresponding ledgers
  • Aged Debtors report produced and discussed with Director for debt chasing
  • Bank accounts reconciled
  • Petty cash entered
  • Credit card payments entered
  • Personal expenses processed

Accounting for SME's

  • Monthly Management Accounts and Analysis
  • Produce and verify Aged Creditors and Aged Debtors report monthly
  • Bank reconciliation (all bank accounts)
  • PAYE/NIC control account
  • Net Wages control account
  • Petty Cash control account
  • Cash control account
  • Credit Card reconciled
  • VAT control account
  • Directors loan account review
  • Produce TB (Trial Balance)
  • Post Prepayments and Accruals
  • HMRC reporting, filing and negotiation
  • Preparation of the Profit & Loss monthly, quarterly or ad hoc
  • Year End Statutory Returns
  • Completion of the Year End accounts ready for submission

Softwares We Use