OTHER SERVICES

Business Startup Support

New businesses are the lifeblood of the country and will provide the employment of tomorrow. As such we take every opportunity to encourage and assist the successful start up of new businesses with a range of support services to signpost possible pitfalls and engender good practice.

These services include:

• Advice on business structure
• Help on formally registering the business
• Assistance with forecasts and business plans
• Obtaining bank accounts
• Help in obtaining finance
• Advice on maintaining accounting records
• Assistance with Self Assessment returns
• Tax planning advice

Interested in Business Startup Support: ring now on 07514089458 or alternatively use our contact form.

Personal bank accounts

Unfortunately you are the only person who can successfully open a personal bank account in the UK. Trekking from one bank to the next without advice could result in you wasting time and feeling very despondent.

Our experience means we can assist you with completing the application forms and ensuring you have the necessary documentary evidence required. However it should be noted that there is no guarantee that the bank will open your account.

Business Bank Accounts

If you choose to contract through a Limited Company you will require a business bank account. Quad Accountancy has a working relationship with HSBC and can assist you with opening a business bank account with HSBC Holborn Circus.

With reference to the business bank account you do not need to make an appointment with the bank although you will be required to visit the bank to present yourself and have your documents certified. We suggest that you advise the bank that you are bringing in the documents to accompany the application done by Quad Accountancy on your behalf.

Once you've taken the documents to the bank please contact Quad Accountancy to inform them so that they are able to keep track of the process and prevent any unnecessary delays on opening your business bank account.

Business Bank Accounts

If you choose to contract through a Limited Company you will require a business bank account.

With reference to the business bank account you do not need to make an appointment with the bank although you will be required to visit the bank to present yourself and have your documents certified.

What we need?

• One form of evidence of identity such as:

One form of evidence of physical address such as:

• Current Utility Bill (Electricity, Gas, Telephone - not mobile)
• Current Mortgage Statement
• Current Council Tax Bill
• UK bank statements stating your personal address
• Passport stating address (only if you've not used the passport for evidence of identity) If you have been in the UK for less than one (1) month and you don't have evidence of an address in the UK the following will suffice:
• Recent bank statements from your home country (these must be originals, printed within the last three months and must include
• Evidence of your address in your home country (if not evident on your bank statement) such as your identity document or driving license

One month of personal bank statements

• These can be copies or fax as long as they're not also being used to provide proof of address

Constructing a Business Plan

A business plan is a formal statement of a set of business goals, the reasons why they are believed attainable, and the plan for reaching those goals. It may also contain background information about the organisation or team attempting to reach those goals.

Your business plan is simply a resume for your proposed business. Its primary importance is that your business plan becomes your calling card. When you talk to a property manager about leasing space for your business, or you are meeting with a potential lender or investor, your business plan will outline whom you are and what your company purpose is.

The process of developing your business plan will require you to focus on exactly what you are trying to achieve, precisely where you want to be going, and exactly how you plan to get there. It will force you to detail the many expenses involved to open your business, the projected sales and monthly expenses of actual operation, and the volume of business you will need to generate to meet your obligations.

Quad Accountancy provides a range of services to assist you in planning your business – guiding you through the process of gathering the pre-requisite information and putting together a professionally laid out business plan that will provide you with a blue print for your start up business and assist you in raising the necessary capital for your business. Please contact us if you require further information.

We provide ongoing business support and accounting services to a number of small and medium sized businesses. In the process, we have accumulated a wealth of experience in business start up and a very strong network. We can give you no-nonsense, practical advice and draw on our own and our clients experience to give you the real knowledge and practical tips that will give your business start up a realistic chance.

Compliance Services

Every Limited company has to, by law, submit returns to Companies House and HM Customs and Revenue. We can both complete and submit specific returns for you or you can select our compliance support bundle where we will take the strain of all your company compliance. This service includes the following:

• Preparation and Filing of PAYE Return

We will calculate your PAYE and NI liability based on the salaries paid.

• Registered Office Address

Quad Accountancy can act as the registered office for your company - ensuring that important company mail and statutory returns are received and dealt with in the most efficient manner.

• Formatting and filing of Annual/Cessation Accounts

Your company will be required to prepare and submit a set of Financial Statements and a Corporation Tax Return (CT600) at least once a year to Inland Revenue and Companies House. Preparation of Financial Statements and your Corporation Tax Return can be completed professionally and in the required format.

• Completion and Filing of Annual Shuttle Return

Your company will be required to submit a Return to Companies House on an Annual Basis to ensure that information relating to Shareholding, Appointments and Business Activity is kept up to date. Quad Accountancy has the facility to complete and file your return on-line.

• Accounting References – Often required from mortgage companies and other financial institutions for personal or company investments, will be an extra charge.