Accounting Services

If you start with Progress Accountants, you can be sure that you will be set up in the best way to allow for maximum growth as you progress.  Our systems and processes will support you in creating a strong and firm foundation on which to scale. So, let’s set you off in the right direction so that we can sustain you over the longer term.

How We Can Help You

We understand that effective accounting is crucial for the success and growth of your business. Our comprehensive accounting services are tailored to meet the unique needs of SMEs.

Financial Reporting

Timely and accurate financial reporting is essential for making informed business decisions. Our financial reporting services include:

  • Monthly, Quarterly, and Annual Reports: We provide comprehensive financial reports on a regular basis, giving you a detailed overview of your business’s financial performance.
  • Profit and Loss Statements: Detailed statements that highlight your revenue, expenses, and profitability, helping you understand your financial health.
  • Balance Sheets: Accurate balance sheets that provide a snapshot of your business’s assets, liabilities, and equity at any given time.
  • Cash Flow Statements: Reports that detail the inflows and outflows of cash, helping you manage liquidity and plan for future financial needs.

Tax Planning and Compliance

Effective tax planning can significantly impact your bottom line. Our tax planning and compliance services are designed to optimize your tax position and ensure compliance with all relevant regulations. We offer:

  • Tax Strategy Development: We develop customized tax strategies that align with your business goals, minimizing tax liabilities and maximizing savings.
  • Filing and Documentation: We handle all aspects of tax filing and documentation, ensuring accuracy and timeliness to avoid penalties.
  • Compliance Support: We ensure that your business complies with all relevant tax regulations, providing peace of mind and reducing the risk of audits.

Proactive Support and Strategic Advice

At Progress Accountants, we believe in proactive support and strategic advice. We work closely with you to understand your business and provide guidance that drives growth and success. Our proactive support includes:

  • Regular Consultations: Scheduled meetings to review your financial performance, address any concerns, and adjust strategies as needed.
  • Strategic Planning: We assist with long-term business planning, helping you set realistic goals and develop strategies to achieve them.
  • Risk Management: Identifying potential financial risks and developing strategies to mitigate them, protecting your business from unforeseen challenges.

Never Miss a Deadline.

We’ll ensure that your accounts are completed on time, maximising any personal or corporate tax benefits; and we’ll deal with HM Revenue & Customs (HMRC) and Companies House on your behalf, ensuring that you fulfil all your financial and legal obligations on time.

Cloud Accounting To Fuel Your Growth.

Cloud accounting is the only way to go when you’re working at pace. It’s also mandated as part of Making Tax Digital by the UK Government.

With the cloud comes enormous innovation and we spend a lot of time researching new tools and software to ensure we increase efficiency, streamline your financial processes, and connect and collaborate with other people inside and outside of your business.