Accountancy Services

Please click items below to show details:

• Audits:
  • We can provide statutory audit services for companies.
• Account Preparation:
  • This is our most widely used service, with the preparation of accounts for sole traders, partnerships, clubs and societies, as well as statutory accounts for limited companies. Accounts are produced using one of the leading software packages from Iris Software, which allows data to be input electronically from Sage book-keeping packages.
• Taxation:
  • As our clients can testify, Cannon & Co offer a comprehensive range of taxation services, ranging from the preparation of self-assessment returns for individuals, partnerships, and companies, to the provision of advice on minimising tax liabilities.
    In recent months we have provided our clients with advice on pension provision, the pros and cons of incorporating a business, maximising the benefits of capital allowances and how to draw funds from a company in a tax efficient manner. We have also successfully introduced online filing of personal tax returns, which removes the possibility of Inland Revenue input errors and also speeds up the processing of tax refunds.
• VAT:
  • VAT is a complex, and often under-estimated form of taxation, and mistakes concerning VAT can often lead to financial difficulties. For this reason, we provide advice to our clients on any VAT issues, as well as assisting with the preparation of VAT returns.
• Book Keeping:
  • We can provide book-keeping services for our clients, as well as giving advice to those clients who wish to maintain their own records, but require some training.
• Payroll:
  • This firm operates a computerised payroll bureau, offering a comprehensive service to our clients, who benefit from having this administrative burden lifted from their shoulders.
• Management Accounts:
  • Many businesses are faced with the prospect of preparing cash-flow forecasts and budgeted profit and loss figures for banks and other organisations. We work together with our clients to produce accurate projections, which are then presented in a suitable format.
    In addition, we also prepare periodic management accounts, so that clients can review the performance of the business without having to wait for the annual accounts.
• Business Support:
  • We can provide a range of support services, covering areas such as buying or selling a business, to assisting with documentation required by a supervisory body.
• Company Secreterial Services:
  • In addition to arranging the formation of limited companies, we can also assist companies in dealing with their statutory requirements. Our services include acting as the registered office, dealing with share issues and transfers, AGM minutes, dividend paperwork, dealing with any Companies House forms including submission of annual returns and paying filing fees online.
• Software Training:
  • We can provide advice and training in the use of Sage Line 50 and Instant Account products, as well as Iris PAYEMaster payroll software.

Business Support Services

We offer a wide range of accountancy and business support services, with very competitive fees.

Our business clients range from small sub-contractors, to larger businesses, both incorporated and unincorporated, who have a turnover of several million pounds.

We offer considerable flexibility and are often able to see clients at short notice or without an appointment.

We also have private clients, with substantial investments or rental income who require taxation services.

Our quality professional service is provided by experienced staff in a friendly manner - we treat our clients like people and not numbers.

We use plain uncomplicated language to explain the complexities of the tax and VAT systems

Training is offered to new clients on how to maintain their accounting records - which helps us to keep the fees as low as possible.

Please click the links on the left for further details of each service.