From Payroll to Performance Reviews; take your pick of the array of services we can offer. Let GJA provide you with a truly bespoke service for you and your business.
Utilising the latest software, coupled with our vast experience, ensures annual accounts are produced accurately and on time.
Although we recommend regular management accounts are produced, we appreciate that for many people the annual accounts are the main guide to the financial health of the business. We aim to provide the client with the accounts in a timely fashion so that they can serve as an important decision making tool.
At Grenfell James we work to agreed timescales and all fees are agreed in advance.
With over 20 years experience our audit and assurance team cover the full range of business sectors including manufacturing, professional services, retail, distribution, property and charities. Our team understand the need to meet compliance objectives, whilst providing a friendly and efficient service.
Experienced, personable and efficient with fixed fees agreed in advance.
Grenfell James Audit LLP is registered to carry on audit work in the UK & Ireland by the Institute of Chartered Accountants in England and Wales.
We can undertake your bookkeeping requirements, enabling you to concentrate on running your business. We work with all the main accountancy software providers; Xero, Sage, QuickBooks, VT, Kashflow and others. The service is tailored to suit your requirements and can be carried out at your offices or remotely.
Timely and efficient with fixed fees agreed in advance. It links nicely with our other services, such as treasury, management accounts, VAT and payroll.
Running your own payroll can be time consuming and complicated, particularly with the ever increasing complexity of taxation, employment legislation, the filing requirements of RTI and autoenrolment. Payroll errors and non-compliance can lead to substantial penalties.
Professional, efficient and reliable service, alongside fixed fees agreed in advance.
We can prepare your VAT returns, to give you peace of mind that they are prepared correctly and submitted on time. Taking away any stress or concern and avoiding any late filing surcharges. We can also provide VAT advice and handle VAT registrations.
Experienced, professional and knowledgeable, with fixed fees agreed in advance. It links nicely with our bookkeeping service.
Handling the statutory responsibilities of company directors and LLP partners. Fulfilling the company secretarial requirements, we ensure the statutory records of the company or LLP are kept up to date and that all Companies House filing requirements are met. We can also act as a registered office.
An experienced and efficient service with fixed fees agreed in advance.
Starting a new business is exciting but can also be daunting. We work with new and budding business owners to evaluate and develop their business ideas. We have a great deal of experience preparing business plans, financial projections, assisting with obtaining finance, grants or investors. We can also advice on the most appropriate structure; we can form companies, LLP’s or register individuals as self-employed.
Free initial consultation, approachable and personable team, alongside fixed fees agreed in advance for any work undertaken. We have the experience, knowledge and services required to support your business as it grows and develops.
If you are a contractor or are looking to start contracting, we can help. Whether you would like to operate a Limited Company or you are looking to use an umbrella company, we will help find the best option for you.
Tax Planning & Advice
Tax is a complex area, subject to continually changing legislation. From compliance to complex tax planning, our approachable team offer clear advice, meet tax deadlines efficiently, minimise tax and protect wealth.
Knowledge, experience and relevant expertise, alongside fixed fees agreed in advance. Our tax planning service links nicely with accounts, audit and exit planning.
Corporation Tax can represent a substantial amount of your trading costs. As specialist tax advisors we offer a range of services to help minimise your corporate tax exposure and to relieve the administrative burden.
Personal tax can be very complex and overwhelming. Our dedicated tax team deliver tailored advice to individuals and their families. Offering simplified solutions to ensure tax liabilities are mitigated.
Careful Planning in this area by a knowledgeable team is essential to minimise your liability. GJA can advise on the best solutions to manage your assets.
IHT can often catch people out and give rise to unexpected liabilities. Our expert tax planners will provide advice on minimising the impact of potential inheritance tax liabilities.
Whether you are restructuring as a group or acquiring a new business, our experienced client managers can offer practical solutions. Regardless of the complexity of the situation, we ensure that any change in structure is reflected in the accounting and taxation.
Auto-enrolment will undoubtedly create extra administrative and compliance burdens on employers. At GJA we offer a complete service to aid and advise businesses to fulful their employer duties. We can help with the initial set up and the ongoing administration.
Knowledge, experience and payroll expertise, alongside fixed fees agreed in advance.
With frequent changes in regulations, VAT is a complex area. GJA ensure that you do not pay more than is necessary. A comprehensive service includes; VAT registration, VAT planning, Control and reconciliation, VAT returns and negotiations with HMRC.
EIS and SEIS
Seed Enterprise Investment Scheme. A new tax efficient venture capital scheme, to encourage the raising of equity finance in small start up companies. A range of tax reliefs are available to those investing in qualifying companies, up to 50% in some cases. Our team are experienced and knowledgeable in advising on the schemes available.
Research and development tax credits for small and medium enterprises, were introduced to support innovative activity in the uk. Many companies benefit from substantial tax refunds as a result of this scheme. GJA can advise companies on how to take advantage of this opportunity.
Enterprise Managment Incentive Schemes can be put in place to reward employees (in a tax efficient manner), with share options. The GJA team have experience and understanding of the schemes available, can agree share valuations with HMRC, execute the necessary documentation and liaise with HMRC regarding the options and reporting.
GJA can offer a full review of the tax planning opportunities available through the use of trusts. We can advise on setting up new trusts and help execute and review any legal documents. As tax specialists we will provide the necessary tools to all beneficiaries and trustees.
We offer a thorough range of bespoke services:
- Lasting Power of Attorney;
- Property & Financial Affairs LPA
- Health & Welfare LPA
- Protecting assets against long term care costs
- Inheritance Tax (Bloodline) Planning
- Business Succession Planning
Knowledge, experience and expertise, alongside fixed fees agreed in advance. Our wealth protection service links nicely with tax planning and advice and exit planning.
However you plan to exit; a share sale, selling goodwill or assets, a management buy-out, family continuity or just winding down the business, forward planning will ensure the transaction or transition is as smooth as possible. Effective planning will maximise your return whilst minimising tax consequences and reducing the stress involved in the process. We are experienced in most forms of business exit and encourage our clients to start planning as early as possible.
We are experienced, knowledgeable and well connected. Business exit planning links to other services we offer, such as business valuations, tax planning and wealth management.
A business plan is an essential tool for growth and development. It might also be a necessity if you are looking to arrange finance, lease new business premises or attract investors. With our knowledge and expertise we can help you prepare a business plan, with the necessary supporting financials, such as a projected profit and loss, cash flow and balance sheet.
A quick, efficient and professional service with a fixed fee agreed in advance.
At some point, most businesses will have to raise finance, whether it be to purchase property, plant or equipment, or just working capital. With many good contacts in the banking and finance industry we can assist in many ways.
Our team have proven expertise in what can be a complex area. Whether your business is a Limited Company, LLP or Sole trader, there are many reasons why you may need a valuation. We can provide a realistic valuation to reflect particular circumstances.
Wills & Power of Attorney
GJA can offer key services in this area to protect your business and plan for succession. Our main objective is to ensure the efficient running of the business in the event of any disruption.
Estate and Bloodline Planning
Did you know that without the correct ‘Bloodline Planning’ some (or all) of your children’s or grandchildren’s inheritance could be lost?
With strategic use of ‘Trusts’ we can ensure your children and grandchildren are able to benefit completely from the intended inheritance. You can also protect the family home and other assets from being lost to the costs of Long Term Care.
Management accounts are an essential business decision making tool for growing businesses. We have a great deal of experience in preparing and tailoring management account packs to our client’s needs. Unlike year end accounts there are no statutory requirements governing the presentation or content.
Expertise, knowledge and experience, along with fixed fees agreed in advance. Complimentary services include outsourced finance director, bookkeeping, VAT and payroll.
Outsourced Financial Director
Many owner managed businesses do not want the expense of a full time finance director but could still benefit from regular input at board level. We act as an ‘outsourced finance director’ for a number of clients, attending board meetings, providing regular advice, acting as a sounding board for new ideas, carrying out feasibility studies, liaising with intermediaries such as banks and suppliers and many other responsibilities. The exact nature of the role can be tailored as required.
Experience, knowledge and invaluable input, alongside fixed fees agreed in advance. This service works well with Management Accounts, Finance and Wealth Protection.
For many business owners the prospect of dealing with the receipts and payments side of their business can be a daunting one, which ultimately distracts from their main aim of growing the business. We offer a full treasury role, becoming a signatory on the account, managing credit control, making supplier and payroll payments and liaising with the bank manager.
Experience, trustworthy with strong internal systems and customer service. Treasury links well with other services we offer, such as bookkeeping, management accounts and outsourced financial director.
We can help raise finance for you or your business, whether it is through our in house mortgage broker, your bank or a financial institution recommended by us. We work with a broad range of finance providers and know what they require to secure a facility.
Knowledgeable, well connected and linking to our business plan, management accounts, treasury, outsourced FD and wealth management services.
Your ambitions and goals keep your business objectives at the forefront of your decision making. The success and growth of small businesses can often be facilitated by evaluating the performance on a regular basis. By reviewing certain Key Performance Indicators (KPI’s), our experienced managers can advise on necessary changes to lead to profitable results. This service can take many forms, to include but not restricted to; Scenario modelling, budgeting, management reporting, ‘live planning’ and forecasting.