View Full Version : Accountants?
johnhamilton0
5th March 2006, 12:52
Hi guys,
Was wondering if anyone could give me some assistance. I'm will be setting up a Limited company and need to appoint an accountant. Has anyone had experience of this , as I'm looking to find out what is an appropriate cost for their services. What I would need them to do is basically as much as they can, so filling end of year accounts, all tax issues and some PAYE for the comapny directors.
I've had a quote for about £1000 for all the work which gets paid after the first year. Is this the sort of ball park for an accountant dealing with a limited company. I know i could probably find cheaper but they seemed very good.
Cheers for any help.
John
Joyous
5th March 2006, 13:17
That seems about right, you might be able to get it cheaper but not much. I wouldn't have though the the quote included bookkeeping so be prepared to do it yourself or pay to have it done.
I have a package on my site for start-up limited companies that starts at just under that. Click here (http://www.joyandco.co.uk/services_su.htm) to have a look. It's not exactly what you've been quoted for but it can be tailored to suit your requirements.
Regards
Joy
10 Yetis
5th March 2006, 15:13
Two words... "Speak to Alan" (and that is why we need an accountant!)
He is an accountant on here who has helped us out no-end. He not only helps with the accounting side of things but he is a great business mentor as well which we find really handy as a start up business.
I have lost count of the amount of times I have rang him with a seemingly 'end of the world' problem (usually on a Friday night at 6pm) and he comes up trumps with valuable answers.
I will stop before I gush any further. :lol:
johnhamilton0
5th March 2006, 15:34
i take it you use "Alan" as your accountant?
I'd just like to add the £1000 includes VAT.
Cheers.
John
Jayne
5th March 2006, 15:37
Both Alan and Joy are very good!
£1000 is quite a good price, especially if that includes VAT! It's almost too go to be true. Mine is nearly that per year and I do my own books and my own VAT.
Jayne :D
PS. Forgot to say, i'm not a Ltd company, I believe Ltd is more expensive for your books doing, lot more work involved.
Hayles
5th March 2006, 16:18
Hi
Whatever you do, go with someone who's been recommended. I've had a nightmare with accountants and bookkeepers and if you don't get one that knows what they're doing they can cost you hundreds/thousands to get it put right.
Ultimately they can cost you your company as the VAT, tax and PAYE records are your responsibility in the revenue's eyes - no excuses!
Joy and Alpha have been recommended by lots of people on here so if I were you I'd go with one of them, or take up lots of references (ideally from companies who have similar needs to yours).
Hayles
lgylsen
5th March 2006, 16:33
[quote="10 Yetis"]Two words... "Speak to Alan" (and that is why we need an accountant!)
Andy
Whats Alan's last name and is he in London?
10 Yetis
5th March 2006, 16:39
yep, he is our accountant...
He is a mod on here, look in top left corner.
The business name is alpha business services. Have a chat with him about client list, he has loads all over the shop, not just London.
Rob Holmes
5th March 2006, 16:44
Whats Alan's last name and is he in London?
Heres his profile..
http://www.ukbusinessforums.co.uk/profile.php?mode=viewprofile&u=572
We're in West Kent - and he looks after us very well indeed. He's clear, concise, friendly and tells it how it is.
He has already stopped me making some big mistakes - now most things get run by him (except when I want to do something I know he'd disapprove of)
Rob
10 Yetis
5th March 2006, 17:04
rob, so its not just me then, :lol:
he talks us out of buying gadgets that we try to convince him are essential... like the coffee machine and expresso maker :)
Jayne
5th March 2006, 17:07
rob, so its not just me then, :lol:
he talks us out of buying gadgets that we try to convince him are essential... like the coffee machine and expresso maker :)
Lol.. those are essentials for my biz, you need a food shop :lol:
Well my biz for 6 more days..whipee!
Jayne