YES ACCOUNTANTS · product for SMEs and we would like you to take advantage of this. . Corporation...

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YES ACCOUNTANTS Start Ups FOCUSED Registered Auditors & Business Advisers "Doing Our Best for You to Say 'YES'!"

Transcript of YES ACCOUNTANTS · product for SMEs and we would like you to take advantage of this. . Corporation...

Page 1: YES ACCOUNTANTS · product for SMEs and we would like you to take advantage of this. . Corporation tax returns are required from most businesses in the UK. - We can prepare and calculate

YES ACCOUNTANTS

"If you don't build your dreams, someone

will hire you to build theirs"

Entrepreneurial

spirit is at an all

time high and it has

never been so

important to take

charge of your own

destiny!

Start Ups

Tony Gaskin

FOCUSED

Registered Auditors & Business Advisers

"Doing Our Best for You to Say 'YES'!"

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Kemp House  152-160 City Road 

London EC1V 2NX

T: +44 (0)20 7689 7527 E: [email protected]

Audit                                                                

Bookkeeping                                                    

Business Plan                                                

Company Formation                                    

Cloud Accounting                                        

Corporate Tax Returns                                

Payroll                                                            

Personal Tax Returns                                    

VAT Returns                                                     

What Can We Do For You?

Blooming Founders

Dreamers and Doers

Our Partners

5

Rudy Chen Founder & Director

A Little Bit About Us 

www.yesaccountants.com

S T A R T I N G

Y O U R O W N

B U S I N E S S ?

4

TAKING

ON THE

WORLD? 

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Starting Your Own Business?

PackagesStart Ups Package                                            

Contractor Package                                               

                                   

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WHAT CAN WE DO FOR YOU

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RUDY CHEN FCCA FOUNDER AND DIRECTOR

Mindset is

absolutely

key

Rudy qualified as a Chartered CertifiedAccountant in UK and holds a degree in BA(Hons) Accountancy and Finance.  Rudy hassubsequently gained the title FCCA and becameFellow of the Association of Chartered CertifiedAccountants. Prior to founding Yes Accountants, Rudy hasworked for a number of Chartered Accountancyfirms located in the centre of London, eventuallymoving onto one of UK’s top 15 CharteredAccountancy practices.  Being born to a smallbusiness owner, Rudy has always felt a distinctconnection towards small businesses and localcommunities.  

 With over 15 years of professional experiencein Accounts and Audits,  Rudy believes that hisinterests and expertise lies in helping smallbusinesses to achieve their goals. Yes Accountants' goals have materialized into aclient portfolio consisting of local and overseaclients all flourishing in their chosen industries. Rudy strongly advocates the importance andsignificance of local businesses being thebackbone of our economy.  The invaluablecontributions and charms of such businesscommunities are something that should bepreserved and not pushed out by bigmultinationals.

Y E S A C COUN T AN T S   3

" I genuinely believe that each and every one of us has an entrepreneurial spirit inside of us. You just need to wait for the right moment in time to fulfil your potential"

A Little Bit About Us 

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S T A R T I N G

Y O U R O W N

B U S I N E S S ?

Starting your own business is a

combination of fear and excitement.

We asked our Founder and Director  ,

Rudy Chen, "What were the best things

about being your own boss?"

Y E S A C COUN T AN T S   4

Whatever effort I put

in, I reap the rewards of

that.

I get to meet all sorts of

people from all walks

of life – I love building

relationships.

It’s great that I work

with clients – not for

clients.

Starting your own

business is like a

new exciting 

journey!

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TAKING

ON THE

WORLD? 

TWITTER USERS

MORE LIKELY TO

BE A DEMOCRAT

IT'S A HARD JOB!

WHY DO IT

ALONE? 

OUR PARTNERS CAN HELP YOU!

Y E S A C COUN T AN T S   5

As part of our mission to help Start Ups to rise up in the world full of

big conglomerates we have the pleasure to partner with two

powerful entrepreneurial platforms who share our vision.

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A High-Impact

Platform

For Female

Founders,

Freelancers And

Women

In Start Ups

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Y E S A C COUN T AN T S   6

Blooming Founders is

London's leading

business social

network for early stage

female entrepreneurs.

Our mission is to

create a support

community as well as

opportunities that give

female founders a real

leg up for their

business - like

connecting them with

tech talent, corporates,

interns, industry

experts or investment.

www.bloomingfounders.com

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Dreamers //

Doers brings

together

trailblazing

women

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Y E S A C COUN T AN T S   7

Our community

consists of a diverse

group of

entrepreneurial

women. It’s a mix of

female founders,

aspiring entrepreneurs,

individuals who work

at start  ups, and

various other types of

female creators and

change-makers.

What we all have in

common is a burning

desire to create and

make a dent in this

universe. 

www.dreamersdoers.me/

Page 8: YES ACCOUNTANTS · product for SMEs and we would like you to take advantage of this. . Corporation tax returns are required from most businesses in the UK. - We can prepare and calculate

audit

bookkeeping

business plans

company formation

cloud accounting

corporation  tax  returns

payroll

personal  tax  returns

VAT  returns

W H A T C A N W E

D O F O R Y O U ?

Y E S A C COUN T AN T S   8

Page 9: YES ACCOUNTANTS · product for SMEs and we would like you to take advantage of this. . Corporation tax returns are required from most businesses in the UK. - We can prepare and calculate

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Audit

                Bookkeeping

Y E S A C COUN T AN T S   8

Most companies are not required by statutory to have anaudit although there are other reasons as to why acompany may want an audit being carried out.   For example: - Regulatory body requirement in your industry/sector - Shareholders request - Lenders requirement - Grant claims requirement - Preparation for the sale of your business - Assurance for business information As registered auditors, we are able to perform audits foryour company.  Yes Accountants has audit experience inthe following sectors: - Charities (schools) - Corporate - Pension Schemes - Solicitors’ Regulation Authority (SRA)

Do you want to spend time doing the books or do youwant more time to spend on your business? Are you paying too much tax?  Well how would youknow if your books are a mess? There are things thatmust be done, doing the books is unfortunately one ofthem. But here are the key benefits for good record-keeping: - Keeping organised enable you to have a sense ofcontrol, knowing if your business is profitable or if anew business strategy is required. - Monitoring your numbers helps your decision makingprocess easier. But who says that you have to do them yourself? Why not get us to handle them?

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Y E S A C COUN T AN T S   8

Did you know that every

business is required by law to

'keep books'?

Are you organised?

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  Business Plan

      Company Formation

Y E S A C COUN T AN T S   1 0

So why would you need a Business Plan? Is it only for Start- Ups? Is it only for those who requirefunding? Using a business plan to map out the future is applicable toeveryone.  It might surprise you to know that it is not just forStart-Ups or for those who require extra funding who mightfind having a business plan useful.  Raising capital for a new arm as your business expands?  Abusiness plan could help you determine how much funding youneed as well as factors such as how many people do you needto hire, whether you require a new premise? Can you affordthis? Is everyone on the same page? Do we all have the samegoals?  If not, why not, and how can we rectify this? Communication is vital in every business and what better wayto make sure everyone is doing what they are supposed to doby having it written down. Setting benchmarks for you andyour business will be much easier with a laid out plan.   No plan, no progress right? So once all the planning is done - we can get on with the bit weenjoy - getting down to business!

Company Formation is the process of officially registeringa Limited Company in Companies House if you are in theUK. Why do I need to do this? All Limited Companies must be registered (incorporated/dissolves) with Companies House. Companies House holdall the information a Limited company is legally expectedto supply and makes it available to the public Upon incorporation, a private limited company becomes aseparate legal entity or ‘individual’ that is completelydistinct from its owners and responsible for its ownfinances, assets and liabilities. We will be able to aid you in this process so you can thenfocus on your business.

Between 2015 and

2016, all regions saw

an increase in the

number of small

business start-ups,

with London

experiencing the

greatest increase of

nearly 32,000

businesses

representing a

growth of 7.2%. 

- Office for National Statistics

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Cloud Accounting

Corporation Tax Returns

Y E S A C COUN T AN T S   8

We, as forward thinking accountants are always lookingout for the latest technology to make life easier for ourclients. Cloud Accounting is fast becoming the stand outproduct for SMEs and we would like you to takeadvantage of this. .

Corporation tax returns are required from mostbusinesses in the UK. - We can prepare and calculate your companies taxcomputation and complete the tax return for you. - We will manage your corporation tax affairs toensure you meet all your filing deadlines, so youdon’t have to pay late filing penalties. - We are also available to handle anycommunication with HMRC on your behalf shouldyou wish.

Y E S A C COUN T AN T S   1 1

Cloud Accounting offers SMEs with a range of advantages; -You can access you account anywhere, from your office,from your home, as our accounting software is mobilefriendly you can even access it on the go! -There is no need to worry about the safety of youdocuments as IRIS has the same rigorous security andencryption you would expect from an online bank. -You will never be swamped with paperwork again as youhave now become paperless! -With a live bank feed and automated emails telling youabout overdue invoices your credit control will be a doddle. -The software is able to cope with multiple currencies, so ifyou are a business that deals with clients or suppliers fromoutside the UK this would be a perfect function for you. -Reports can be produced at a touch of a button, such as a‘business health check report’, we will also be on hand toexplain it all to you.

Over four in five

(84%) organisations

use Cloud,

demonstrating a

steady increase in

Cloud usage over the

past 5 years

- Cloud Industry Forum

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              Payroll

Personal Tax Returns

Y E S A C COUN T AN T S   8

We can run your UK payroll and make sure it meetsall HMRC standards and regulations in Real-TimeInformation (RTI). We can help you: - Calculate PAYE and NI liabilities - Sort out holiday pay - Deal with maternity and paternity leave Are you thinking about Auto-Enrolment for youremployees? Do you think you should?

Too taxing to deal with? Some of the most common reasons that requires youto submit a tax return. - You are self employed or a partner in a partnership - You are a company director - You have large amounts of savings or investmentincome - You have untaxed savings or investment income - You own land or property that is being let - You have income from overseas - You have lived or worked abroad or are notdomiciled in the UK Self Assessments Tax Returns can be very daunting.All those numbers and deadlines, we can take thoseworries away - you provide us with the informationand we can do the rest.

Y E S A C COUN T AN T S   1 2

The law on

workplace pensions

has changed.   Under

the Pensions Act

2008, every

employer in the UK

must put certain

staff into a pension

scheme and

contribute towards

it.   This is called

‘Auto Enrolment’. 

-The Pensions Regulator

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7 0

VAT  Returns

Y E S A C COUN T AN T S   8

Are you registered for VAT? Do you know if youneed to be? Many companies need to be VAT registered  and wecan help you with this as well as some other thingsyou might need to consider: - Applying for VAT registration if required - Advising the best VAT methods to adopt (cash,accruals or flat rate) - Preparing and submitting your VAT returns. - Dealing with HMRC enquiries

Y E S A C COUN T AN T S   1 3

  86% of Self-

Assessment tax returns

are made online, and

'Digital Tax Accounts'

  introduced by HMRC

in early 2016   will

fundamentally

transform the way

taxpayers interact with

the tax system by 2020

- Making Tax Digital, HMRC 

Did you know...

Confused about what you need?

Why not take a look at our packages?

Page 14: YES ACCOUNTANTS · product for SMEs and we would like you to take advantage of this. . Corporation tax returns are required from most businesses in the UK. - We can prepare and calculate

Our Start-Up Package Includes

New company formation: Client will receive certificate ofincorporation, memorandum and articles of association andall other related forms submitted to the Registrar ofCompanies, (excludes the Companies House filing fee). Set up client’s business on-line account with HMRC Analysis of the pre-trading revenue and capital expenditure Year-end Bookkeeping using ‘traditional accountingapproach’. Year-end company accounts preparation and filing ofaccounts to Companies House, including:(i)One set of Abbreviated accounts for Companies House(ii)One set of Director Report for Shareholder Filing of Annual Return for company Preparing and filing of Corporation Tax Return (CT600) Preparing and filing of Director’s Self-Assessment TaxReturns (SA100) A one-to-one session on annual financial businessperformance review with the client Provide unlimited telephone and e-mail support to the client Handle Companies House and HMRC queries (i.e. not taxinvestigation inquiry) Provide regular updates on changes in the accounting andtax legislation which are relevant to the client’s business

We understand that not every Start Up is at the same stage sowe have 'Add On' Items that will be offered for those in a moreadvanced position. Contact us for more information.

Y E S A C COUN T AN T S   1 4

Are you a Start Up?

Not sure what you need?

This could be the package for you!

Yes Accountants Ltd Kemp House 

152-160 City Road London

EC1V 2NX T: +44 (0)207689 7527

E: [email protected]

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Our Contractor Package Includes

• New company formation: Client will receive certificate ofincorporation, memorandum and articles of association and allother related forms submitted to the Registrar of Companies,(excludes the Companies House filing fee). • Set up client’s business on-line account with HMRC • Analysis of the pre-trading revenue and capital expenditure • Year-end Bookkeeping using ‘traditional accounting approach’ • Year-end company accounts preparation and filing of accountsto Companies House, including: (i) One set of Abbreviated accounts for Companies House (ii) One set of Director Report for Shareholder • Filing of Annual Return for company • Preparing Dividends Tax Vouchers documentation • Quarterly Management Accounts • Preparing and filing of Corporation Tax Return (CT600) • Preparing and filing of Director’s Self-Assessment Return(SA100) • A one-to-one session on annual financial businessperformance review with the client. • Provide unlimited telephone and e-mail support to the client • Handle Companies House and HMRC queries (i.e. not taxinvestigation inquiry). • Provide regular updates on changes in the accounting and tax legislation which are relevant to the client’s business.

Y E S A C COUN T AN T S   1 5

Is this the right package for you?

 Contact us to find out

Are you a Contractor?

Yes Accountants Ltd Kemp House 

152-160 City Road  London

EC1V 2NX T: +44 (0)20 7689 7527

E: [email protected]

Page 16: YES ACCOUNTANTS · product for SMEs and we would like you to take advantage of this. . Corporation tax returns are required from most businesses in the UK. - We can prepare and calculate

Yes Accountants Ltd Kemp House

152-160 City Road  London

EC1V 2NX T: +44 (0)20 7689 7527

E: [email protected] www.yesaccountants.com