Plain-English bookkeeping for small UK businesses

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Services

Eight services in three groups, from the monthly books to year-end. Everything is priced as a fixed monthly fee.

Day to day

The routine work that keeps your records true, done every month so nothing piles up before a deadline.

Who it's forSole traders, freelancers and small businesses who want the books kept up to date without doing it themselves.

Bookkeeping

Every transaction recorded and categorised each month.

What's included

  • Bank feed transactions coded to the right accounts
  • Sales and purchase invoices recorded
  • Queries collected into one short list for you
  • Books kept in IQ Books with live access

Bank reconciliations

Your books matched to your bank statements, line by line.

What's included

  • Every bank and card account reconciled monthly
  • Missing or duplicated items found and fixed
  • Balances that agree to the statement, to the penny

Tax and compliance

Returns and filings prepared properly and submitted before the deadline, not on it. Year-end and statutory work is reviewed by a Chartered Accountant.

Who it's forVAT registered businesses, limited companies, and sole traders and landlords coming into Making Tax Digital.

VAT returns

Prepared and filed through Making Tax Digital, on time.

What's included

  • VAT return prepared from reconciled books
  • Figures sent to you to approve before filing
  • Submitted to HMRC through MTD software

MTD for Income Tax

Quarterly updates and submissions for sole traders and landlords.

What's included

  • Records kept in MTD-compatible software
  • Quarterly updates submitted to HMRC
  • Reminders well before each deadline

Year-end accounts

Annual and statutory accounts, prepared properly.

What's included

  • Year-end adjustments and closing balances
  • Annual accounts prepared from your books
  • Reviewed by a Chartered Accountant

Statutory filings

Companies House accounts and confirmation statements, filed on time.

What's included

  • Accounts filed at Companies House
  • Annual confirmation statement
  • Filing dates tracked for you

Planning

Figures you can make decisions with, not only figures you file. Built from the same reconciled books, so the numbers agree.

Who it's forOwners who want to know how the business is doing each month, and what cash will look like next quarter.

Management accounts

A monthly profit and cash picture you can actually read.

What's included

  • Monthly profit and loss and balance sheet
  • Comparison with last month and last year
  • A short written summary in plain English

Budgets and cash flow forecasts

Plan the year ahead and see cash pinch-points early.

What's included

  • A budget for the year, agreed with you
  • Rolling cash flow forecast
  • Pinch-points flagged before they arrive

How it works

Getting started

  1. Free 20-minute call

    We look at where your books are now, and what needs doing first.

  2. Connect your bank

    Read-only feeds, so there is nothing to post or scan.

  3. Monthly books

    Reconciled and reviewed, with a short summary for you.

  4. Deadlines handled

    VAT and year-end ready without the last-minute scramble.

Books kept in IQ Books, with live access for you, any time.

Not sure which you need?

Most people are not. Book a free call and we will tell you which services fit, and which do not.

Book a free call