Thornalley Accountancy

We work closely with our clients and act for a broad range of small to medium size businesses and personal clients. Apart from the more general accountancy services we can also assist you with business development and specialist tax services. You can receive a very broad range of services and we are familiar with business clients from startups to larger companies covering many sectors including.

Produce financial statements to file at Companies House and abridged accounts to ensure the minimum amount of your financial information is made public. Use the accounts to help you measure where you are in meeting your goals and what actions you need to take. We take the time to explain your accounts to you so that you understand what is going on financially within your business, helping you to plan for the future.

Business plans are also regularly needed to support finance applications, especially bank lending. All written elements of the plan such as business background, marketing plan, SWOT analysis, markets, competition and all of the other key elements that need presenting in the most suitable way to lenders.

To check the availability of a Limited Company name, you can use the Companies House Information Service. Type in the name you want and see if it comes up in the list. Tax review with regard to company formation - forming the company yourself and getting this wrong can be very costly!. Please contact us if you need further advice, have any questions about our services, would like a free consultation.

The question as to whether someone is employed or self employed is not as straightforward as it might at first appear. Many people assume they are free to choose, but this is not the case. The cost if you get it wrong is enormous. Not only is there the question of employees and employers national insurance, being classified as an employee also gives rise to all sorts of employment rights such as holiday pay, maternity pay, unfair dismissal etc.