- Why us
Every business is unique. We offer bespoke services that align with your company’s goals and challenges.
We anticipate your needs before they arise, ensuring that your company stays ahead of financial obligations.
Our seasoned professionals stay up-to-date with the latest financial regulations, offering expert guidance to keep you compliant and tax-efficient.
- Our Solutions
Comprehensive Accounting and Auditing Services
Professional Accountancy Services
Expert financial guidance tailored to your business. Our aim is to help your business achieve its financial objectives and meet compliance with the following accounting and reporting services:
- Recruitment and training of your finance personnel
- Advice on how to use the full potential of accounting software and systems
- Formulation and analysis of financial documents, such as financial statements and management accounts
- Preparing and calculating financial forecasts, like expected cash flow and projected profit margins
- Handling of your company’s taxes and financial processes, including payroll
Annual Accounts
Comprehensive year-end financial reporting and compliance. All business owners need to file Annual Accounts also known as ‘statutory accounts’ for HMRC which are prepared from the company’s financial records at the end of the company’s financial year. By law, copies of annual accounts need to be sent to:
- all shareholders
- people who can go to the company’s general meetings
- Companies House
- HM Revenue and Customs (HMRC) as part of your Company Tax Return
Auditing Services
Statutory, internal, and financial audits for regulatory assurance. A detailed review and expert knowledge can provide increased opportunities to provide proactive business advice on many matters. The main reasons why you will be required by law to have a statutory audit are:
- You are a PLC or a banking, insurance or finance company (or a subsidiary of one of these)
- You are required by your professional or trade organisation to have your accounts audited
- Your shareholders do not agree with opting out of the audit.
Bookkeeping Services
Accurate, real-time financial tracking for better decision-making. Lall Ondhia understands the bookkeeping and accounting demands involved in the running of a business no matter how small or large. What can we do for you?
- Support your business with the provision of professional and cost-effective management and bookkeeping services;
- Relieve you of bookkeeping and accounting functions to allow you to concentrate on your core business;
- Save you money by reducing accounting fees
Bookkeeping Health Check
Identifying financial record gaps and compliance issues. With continuous changes to accountancy and taxation, it is important to review the software your business is using for it’s bookkeeping to ensure your business is compliant with the latest industry changes. Our wealth of experience using different providers will allow us to review your existing bookkeeping system to advise on:
- The right bookkeeping system for your business
- If the information being provided is accurate and reliable
- How you can spend less time keeping your books
- VAT errors – We will find them before the Vatman finds them!
- Specific training needed for bookkeeping staff
- How you could produce more relevant management information that is useful to manage your business.
Management Accounts
Detailed reports for better financial control and business strategy. Lall Ondhia is able to provide up to date, relevant and quickly produced management information allows you to make the right decisions. Our management accounts and information services include:
- Monthly or quarterly management accounts
- Reporting of key performance indicators that are the underlying drivers that run your business
- Help with in-house systems for you to produce your own information
- Training on how to get the most out of your information
- Supplying management information to lenders
- Branch/Divisional results
- Actual performance compared to budget and/or comparative periods
- Costing information, including break-even turnover levels
FAQs
For business owners, the benefits of hiring a small business accountant in London outweigh the costs.
Not only will our chartered certified accountants help keep your books in order; they will also handle any tax issues you may have plus plenty of other tasks that require their qualified expertise.
These include:
- Ensuring taxes and finances are handled correctly
Our chartered certified accountants will handle your taxes and finances properly to ensure full compliance with relevant accounting and taxation laws.
Our chartered certified accountants will help you fill out the required paperwork and turn it in.
You can be sure that your business transactions are in the hands of a trusted professional.
This is the most effective way to keep your business out of any trouble with tax authorities.
- Payroll services
Our accounting services for small businesses in the UK include payroll assistance that ensures your company complies with legislation.
We’ll take the stress out of payroll, double checking on the taxes and any other contributions withheld from your employees’ wages.
- Comprehensive knowledge
When you hire an internal accountant, they come with knowledge of a single person.
When you hire a professional chartered certified accountant from an excellent accounting firm such as Lall Ondhia, their knowledge and services aren’t limited to an individual.
You gain access to a variety of accounting services and expertise from the firm that will be beneficial to your business.
Company audits are more than just statutory obligations. At Lall Ondhia, we see them as an opportunity to run health checks on your business and pinpoint any weak areas.
With our accounting services for small businesses in London, we can help you work out a plan to address these areas of weakness and identify opportunities for growth.Â
As professional qualified business accountants, we keep up with relevant legislation, anticipate possibilities of change and adjust our strategies accordingly.
While we don’t advocate for risky schemes, we will always have a plan ready for significant changes and remain open to opportunities that would legitimately save you money.Â
If you’re just starting out or you want to grow your business, we provide specialised accounting services for small businesses in the UK.
We have the experience and the expertise to help you avoid pitfalls. We’ll help you gain better control over your finances and confidence in your plans for further business growth.Â
Whether it’s processing your accounts, managing your payroll or pinpointing weak areas during audits, we’ll play a key role in ensuring your business’s overall success.
Our team will provide you with all the tools and information you need to understand how our accounting and auditing services will fit in your business, no matter how big or small.
To learn more about our accounting and auditing services, contact us today.Â