Our Services

We offer a full range of accounting services together with assistance in budgeting and monitoring financial controls. Our taxation services cover all individual and corporate tax planning as well as the day to day operation of payroll and VAT.

Clarkson & Company are members of Pricewaterhouse Coopers’ Professional Advisers Club, which puts us in an ideal position to give you additional professional up to date advice, assistance relating to topical issues and has an excellent referral service to PWC’s wide range of specialist services.

We are also members of the 2020 group and SAGE Accountants Club which keeps us up to date in giving you advice in the commercial sector.

Up to the minute taxation advice on contentious issues is available through the firm’s membership of Tax Sure. Fee protection insurance is also available to all business clients.

Specialist Advice to Charities and Churches

All aspects of accounting, auditing, Independent Examiners Reports, SORP 2005 as well as specialist advice on current charity tax legislation

After listening to Christian leaders in the city it became clear that there was a need for an experienced Christian Accountant to provide this vital service to the local area and beyond. The culmination was that Clarkson & Co was established in April 2002.

The complexity of Charity accounts and increased involvement of Charity Commission has made it essential that proper financial controls are in place. Many assume that Charities do not have tax issues, but the intricacies of VAT and volunteer workers to name but two can result in major tax liabilities if not dealt with correctly.

All employees of Clarkson & Co strongly support the Christian ethics of the business. Our commitment to clients and a desire to work with them as part of a team has led to many new Charities and Churches joining us.

Clients express their appreciation at our understanding of their circumstances and common desire to see people come into the Kingdom of God.

General Accountancy

Providing you with annual accounts, management accounts, VAT, book keeping and abbreviated accounts for Companies House filing requirements.

We can cater to all accountancy needs ranging from sole traders to partnerships and limited companies, and our specialist work with charitable organisations means that we are experts in Statements of Recommended Practice (SORP)

We specialise in SAGE and QUICKBOOKS accounting systems. You can prepare as much or as little of your accounts and we will do the rest to provide you with your profit and loss and balance sheets. If you prefer we will do your accounts manually, depending upon the size of your business and your requirements . We can calculate your VAT returns from spreadsheets or you can give us a bag of receipts and we will do the rest for you.

We are happy to prepare monthly or quarterly management accounts or pre year end draft accounts for tax planning purposes.

Tax Advice

Such as self assessment, tax planning for businesses, corporation tax and Capital Gains Tax (CGT)

We provide a fully comprehensive service with respect to taxation. Let us complete your self assessment tax returns and ensure all available tax relief claims are made.

We can advise you on all types of tax planning such as Corporation tax, Inheritance tax, Personal tax especially if you are concerned about Capital Gains Tax, Tax credits and Student grant applications.

Business start up and Management Advice

Working with our business partners for growth and development

We are here to advise you and work with you to help your business grow. We see our clients as long term partners, and as such, provide a host of business services for growing companies, such as projections for bank loans, to monthly, quarterly and annual cash flow and profit statements.

More importantly, we are also here to help guide you through the legislation and are happy to give you the time to explain things, giving you knowledge so that the figures make sense, provide up to date information and help you get the best tax wise deals.

In summary you will know the facts you need to make your management decisions such as:

• Performance against budget
• Areas for improvement
• Areas for development
• Problem areas
• SWAT analysis

Auditing

Including general audit, compliance and independent examinations

We carry out all types of auditing that you require, for example to support industrial disputes, statutory regulatory checking of systems required for companies with a turnover of £5.6m+ and European Funding Audits for Charities.

We can also provide audits and recommendations on other matters such as stock and cash theft, to ensure that every penny of your hard earned cash is accounted for and goes towards your bottom line profit.

Payroll

PAYE and NIC calculations, P35 Annual returns, wage slips and benefits in kind

We can manage your payroll administration on a weekly and monthly basis as well as completing your year end summaries. We will send out details of PAYE / NI payment due on a monthly or quarterly basis as well as filing your payroll electronically, to qualify you for a discount.

Other areas of expertise in this field are IR35 compliance issues for contractors, sub contracting, P11D forms and Benefits in Kind.

The service we provide will be fully tailored to meet the needs of your business.

Other Services

We are happy to work with you from the formation of your business, we can offer advice in all the areas that may be a mystery to you such as registration with Registrar of Companies and completing your Companies House Annual Returns. Offering advice regarding new business set up and cash flow and budgeting. Pension advice and assistance with other financial matters that you may not have time to consider. Preparation of accounts certificates for mortgage purposes.

We can take away the headache of general regulatory requirements and deadlines such as payment of PAYE and National Insurance Contributions to the Inland Revenue on a monthly or quarterly basis and the filing of VAT returns.

We provide independent advice and support for Inland Revenue and taxation investigations and issues regarding fee protection insurance.