Millward, May & Co - Wokingham Accountants
Wokingham Accountants

Services

List of Services

Limited Company

We provide a bespoke limited company service as we know all of our clients are different. So whether you just need your annual accounts and corporation tax return completed in line with statutory requirements or would like additional services such as bookkeeping, payroll or VAT and management accounts, we are happy to help. We are here to assist our clients throughout the year and not just when it is time to file those accounts. We are always available to answer any questions via email or phone at no additional charge.


Start-Ups

Starting a business is exciting but can also be daunting. We can advise on which structure is best for you and then guide you through the accounting and tax implications step by step. We recognise that you will have a lot of questions initially, which is why we are always available to answer these via email or phone at no additional charge. We want your business to be a success and we're here to support you throughout your journey.


Contractors & Freelancers

Many contractors choose to work through a limited company and offer their expertise to businesses for one-off projects. We can talk you through the benefits and risks of operating in this way, explaining the IR35 legislation and recommending contract reviews or other measures where necessary. We also explain the pros and cons of VAT registration and advise on how best to extract funds from your company.


Sole Trade

WE ARE NOT CURRENTLY TAKING ON ANY NEW SOLE TRADERS

When you run your own business, you want to spend as much time and energy on doing what you do well. We take the stress out of preparing your sole trade accounts. We guide you through how to record your income and expenditure, what expenses you can claim and suggest additional expenditure which may help reduce your tax bill. We help you budget for the tax that you will need to pay each year in addition to preparing and submitting your accounts and self-assessment tax return.


Self-Assessment

We only offer this service to our business clients (e.g. a director of a limited company that we act for)

Whether you have recently purchased a buy-to-let, sold some shares or are simply a high earner and need to complete a self-assessment tax return, we are here to help. When you engage our services, we review your total tax situation. We not only ensure that your tax bill is accurate but also that you have claimed all available reliefs such as gift aid or relief on personal pension contributions. We speak direct to HMRC on your behalf where required and can help you plan to minimise tax in future years.


Bookkeeping

You take a picture of your expense receipts and we’ll process them for you.


Cloud Bookkeeping Software

We offer our clients a cloud bookkeeping solution that grants us access to your records online. This allows us to assist if things ever go wrong and also enables us to provide real-time advice. The software includes direct daily bank feeds, sales invoicing and reporting such as monthly profit and loss. You can take pictures of expense receipts on your smartphone, upload them into the software and even throw away the receipt!

We can help set you up on Quickbooks, Xero, FreeAgent & Sage.


VAT

We provide advice on whether you must be VAT registered or if it may be beneficial for you to become VAT registered even if you're not required to. We can register your business and make sure that you are aware of the deadlines you need to adhere to. We also provide advice on how to complete your VAT Return or can save you the hassle by completing the return for you.


Payroll (PAYE)

Ensuring that your employees are paid the right amount at the right time is critical to your business. You simply tell us who needs to be paid and how much each month and we take care of the formal submissions and payslips.


Auto Enrolment

The law on workplace pensions has changed. Under the Pensions Act 2008, every employer in the UK must offer certain employees a pension scheme and contribute towards it. Once you have chosen your scheme, we can help you communicate correctly to your employees, make the right deductions from pay and pay the correct amount to the pension provider.


Subsidiary Accounts

Do you have a number of subsidiary accounts to complete for your group of companies? Are you still using word/excel to complete these but would prefer a more professional and user-friendly look? Do you struggle to complete all of these sets and process auditor comments in a timely manner?

We offer large companies with a number of group subsidiaries the ability to reduce their annual headache when it comes to the formidable task of rolling forward and producing their subsidiary accounts. Provide us with your trial balance and we will deliver a stress free and efficient solution of processing them into statutory accounts with the relevant disclosures needed to meet the applicable accounting standards.


Management Accounts

We produce a snapshot of your business on a quarterly basis. This shows you how profitable your business is and allows you to make informed decisions based on up to date information. We will also have a meeting with you via Zoom or in person and provide advice on what you should be focusing on and different ways to improve your business.


Registered Office

Every limited company is required to have an address where letters from Companies House & HM Revenue & Customs (HMRC) can be sent.

You can use our address in Wokingham to protect your privacy while benefiting from us promptly opening and acting on all of your official documents.


Confirmation Statement

A confirmation statement (previously known as an annual return) is an annual requirement for all limited companies. An annual confirmation statement is a snapshot of the company’s director(s), secretary, registered office address, core activities (SIC codes), shareholder(s), persons of significant control (PSC’s) on a given date each year.

We can file your annual confirmation statement at Companies House for you.


 
Never set limits, go after your dreams, don’t be afraid to push the boundaries. And laugh a lot - it’s good for you!
— Paula Radcliffe

Let’s Chat.

Use the form below to tell us about your accountancy requirements and we’ll get in touch to schedule an appointment, free of charge. Please be as detailed as possible. Our general response time is one business day. You can also email or call us.

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