We specialise in accountancy for SMEs, individuals and not-for-profit organisations...
01 Accounting Compliance Simplified
We can provide highly competitive rates for services such as annual accounts, VAT returns, payroll, Self Assessment tax returns which, along with our business support packages, ensure you are always fully compliant with the latest legislation from HMRC.
You can see a complete list of our services with starting prices here:
Reducing Bookkeeping Admin
Bookkeeping is fundamental to the true and accurate completion of the company's accounts. It can also be time-consuming and distract business owners from the main focus of their job. We can take away this unwanted hassle and complete the task in-house. We charge per transaction, rather than per hour like many accountants, as we believe this provides increased transparency and accountability to our clients.
02 Business Startup
Starting up business is one of the most exciting steps our clients can take, but it can also be risky and challenging. We specialise in providing startups with professional advice and information to support the growth of your new business.
This can take the form of:
preparing a pitch proposal for investors;
preparing a business plan with a full set of financials including forecasts of cash flow, profit & loss and balance sheet;
helping you to decide to choose the right best structure, such as limited company, sole trader or limited liability partnership;
preparing self-assessment tax returns;
preparing ongoing Management Accounts;
helping you to establish a relationship with your bank.
If you have a new business idea and would like to talk it through with one of our experts, please get in touch below.
03 Tax Planning
One of the most important aspects of our work at Sterling & Beanland is helping our clients get the most out of their business as possible, financially speaking, when it comes to paying tax. It is almost inevitable that the idea of ‘tax avoidance’ stirs up uncomfortable emotions for most business owners, particularly with high profile imbroglios such as the Paradise Papers making regular appearances in the media. However, at Sterling & Beanland, we believe that not only is it important to be fully aware of the limitations of your tax obligations, but it is even irresponsible as a business owner to pay more than you have to by law if you approach these obligations in an ethical and common-sense manner, as we encourage all our clients to do.
minimise your tax liability;
optimise your tax position;
help you understand available tax relief, tax losses and deferment opportunities;
ensure you do not fall short of any CTSA deadlines and file your returns correctly on your behalf, thereby avoiding penalties;
represent you with the tax authorities.
04 Management Accounts
Management accounts are a vital part of understanding your business. They help inform you in depth about the financial state of your company and are very valuable in allowing you to make better decisions about company matters and your overall strategy. Considering the specific needs of your business, we can provide data which allows you to make informed decisions and drive the sustainable success of your company.
Management Accounts include the following:
Cash flow forecast
Projected income and expenditure for the next 12 months; foresee major pitfalls ahead and increase your company’s financial stability
Budget and Planning
Budgets are key tools in maintaining a profitable company
Understand which company activities are adding the most value and which should be reassessed or put aside
05 Russia & CIS Desk
Investment from Overseas
We have a lot of experience providing bespoke support to Russia and CIS-based companies and entrepreneurs expanding or immigrating to the UK.
Alongside our colleagues at Sterling & Law Associates, we can provide advice on any aspect of starting up in the UK, from legal & immigration to opening a business, setting up a bank account and ensuring you are compliant with all the regulations set by the Home Office.
Our staff are fluent in Russian, Ukrainian, Georgian and Uzbek.
06 Legal Services
Professional In-house Advice
We have two other Sterling branches who can assist with a wide range of legal matters.
Sterling & Law Associates specialise in immigration and human rights law. Certified at the highest level by the OISC, SLA can assist with a large number of enquiries from obtaining a sponsor licence for your company, to assisting with applications for PBS visas.
Sterling Lawyers is regulated by the Solicitor Regulation Authority (SRA No:630147) and provides wide-ranging assistance to corporate and individual clients safeguarding their legal rights and access to justice. Key areas of practice include commercial law, dispute resolution, employment law, family law and criminal law.
Being in-house ensures that clients receive the highest level of service and response time is minimised as we collaborate internally.