Case Study – Construction Services Industry
A medium-sized high level residential construction firm based in West London, servicing South and West London.
Accounting Client
A medium-sized high level residential construction firm based in West London, servicing South and West London.
Accounting Problem
There was a backlog with the books, VAT, CIS, PAYE and wages. The Chairman, who was soon to retire, wanted everything brought up to date and maintained going forward for when his daughter took over his role.
Accounting Solution
Wages was the priority, so our Payroll team worked through previous filings to understand the current position with HMRC. We could then transition everything in terms of PAYE and CIS onto our Payroll software so payslips could be generated to release payments to employees, and we could submit all necessary filings with HMRC.
In parallel, one of our senior Bookkeepers visited onsite for the first two days to build knowledge on the internal processes and procedures surrounding POs, invoices, sign off, etc. This remit was then taken off-site and managed by our in-house team of bookkeepers.
Accounting Result
- All backlog was cleared, payroll and books were maintained in a timely manner each month.
- All filings with HMRC were brought up to date – no further fines.
- New processes and procedures to streamline the flow of transactions.
- All suppliers informed of new central accounts email address for all future invoices.
A full or bespoke accounting service
Our accounting services cover all the financial support your business will need.
Unlike many accounting firms, we offer a full bookkeeping service, as we believe this is the foundation of an effective accounts function.
Experienced chartered accountants at Braant Accountants, meanwhile, will handle your annual accounts and help keep you fully compliant with HMRC and Companies House.
We can provide an interim finance director or chief financial officer to provide strategic financial planning and leadership as and when your business needs it.
By deploying the right skills at the right time, we’ll only ever charge you the right fee for the accounting services you need.
Contact us today – to discuss how we can help your business grow.
We have the resources, the experts, the knowledge and experience to help your business grow. And with over 1,000 accountancy clients in the UK and London, the volume of our work allows us to share economies of scale with you.