Sawbridgeworth Bookkeeping Services

A Bookkeeper You Can Rely On

Remote bookkeping – let me take control of your finances while you focus on running your business.

Peace of mind

I have completed recognised courses, professional memberships, anti-money laundering supervision, insurance and continuous learning

Experienced

I have 18 years of professional experience with multiple clients, business types and accounting software.

Professional

Associate member of the International Association of Bookkeepers, certified with Xero, Quickbooks, Sage, Hubdoc.

Certified member of the international association of bookkeepers
Quickbooks certified proadvisor
Xero certified professional
Sage Certified professional

Why do you need a bookkeeper?

Trying to do your own bookkeeping can be very time consuming and without the necessary skills or experience, it can also be very daunting, complicated and prone to mistakes.  As a business owner or director, you want to focus your energy on growing your business, getting new clients, promoting and selling your services.  This is where MB Bookkeeping can help.  Bookkeeping is an essential part of your business to record all financial transactions and to provide you with up to date accounts, so you always know how your business is performing whilst also meeting deadlines for VAT, CIS and tax returns etc.

What is Bookkeeping?

  • Sales –  are you keeping records of all your sales, do you know who owes you money?
  • Purchases –  are you sure you are not over spending on materials for jobs? Are your suppliers paid up to date? Are you claiming back the correct amount VAT?
  • Bank Reconciliations – is everything in your bank correct?  If these accounts need reconciling at Year End, expect a bill from your accountant for doing this.
  • Are you surprised at the amount of Corporation Tax you have to pay and do not have the funds to pay it?  With the correct bookkeeping records you can ensure you don’t get a shocking bill and make sure you budget for your taxes.
  • Need to purchase some much needed equipment, or transport?  Up to date monthly accounts can help you get the finance, and also provide you with the budget you have for this.

Unfortunately, if a business fails to keep adequate records then they can be fined up to £3,000 by HMRC along with an additional tax bill if the inadequate records resulted in an incorrect tax return being filed.  You can also end up with a hefty accountants bill at your Year End if they have to do all the groundwork on your books, or sort out errors made from poor bookkeeping.

Services

Accounts Preparation

Need your Year End Accounts prepared for your accountant? This process can begin from bringing in a bag of invoices and bank statements or granting access to a fully reconciled cloud hosted computerised book-keeping data set, or anywhere in between.

Accountants can charge a high premium for sorting your accounts from a bag full of receipts or fixing errors.

Financial Reporting

I can provide you with monthly or quarterly Management Reports which will give you a snapshot of how your business is performing.  These can be customised to your requirements and can be as detailed or as basic as you need.  They do help as a good indication of if you need to register for VAT, for example, or if you have enough capital to invest.  These reports also ensure your books are as up to date as they can be, which in turn, makes your Year End accounts much easier to produce, therefore lessening the risk of filing Company Tax Returns late and incurring HMRC fines!

VAT Returns

If your turnover is £85,000 or more per year, you must be VAT registered.  You must submit a VAT Return to HM Revenue and Customs (HMRC) every 3 months, even if you have no VAT to pay or reclaim.

The VAT Return records the VAT element of your sales and purchases and determines how much tax you owe to HMRC. I will produce all necessary VAT reports and double check all entries to make sure your return is correct.

 

Payroll & CIS

I can run your Payroll for you and ensure you are paying the correct amount of PAYE. I can submit your CIS Returns for your Sub-Contractor Payments, and verify them to ensure you are paying the correct amount, also ensure the CIS suffered amount reclaimed is correct and done at the correct time.  I will even produce the CIS Payment Statements for you to forward to your Contractors.  This is essential as HMRC do charge fines for late submissions and payments relating to CIS, RTI Information & PAYE Payments.

Reconciliations

Reconciling an account often means proving or documenting that an account balance is correct. For example, I reconcile the bank balance in your accounts to the balance shown on the bank statement. This ensures that you are not overstating your income or expenses by duplicating entries and that what has claimed to have come in and gone out of the company finances is correct.

Self Assessment

If the thought of filling in your own tax return fills you with dread, you’re not alone.

Many people find it complicated and time-consuming so it’s no wonder that almost 1 million people a year are fined for failing to return it to HM Revenue & Customs.

Worse still, errors by HM Revenue & Customs are regularly reported; one in four tax returns are calculated incorrectly.

Client Testimonials

I first contacted MB Bookkeeping just for a little bit of help with my accounts, which I had (badly…) done myself for several years but have fallen behind.

Bea was so helpful, patient and professional she’s now my permanent bookkeeper. I’m now not only saving myself a lot of time, I have taken several new bookings I just couldn’t have before, but also I now have invaluable peace of mind my books are in very good hands!”

H Jasper / Starlight Beauty

Beatriz is a hard working, competent professional that has consistently given me expert advice and offered me high quality service.

I highly recommend MB Bookkeeping.

S Passos / Self-employed

Contact Us

Please get in touch for a no obligation consultation and quotation.

contact@mbbookkeeping.uk

The Meadows, Sawbridgeworth, Hertfordshire, CM21 9PZ

0709 203 6074

Mon-Fri: 10am - 5pm, Sat - Sun: Closed

Contact Form

Please get in touch for a no obligation consultation and quotation.