From statutory accounts and tax returns to cash flow forecasting and planning support, our qualified and approachable accountants will be by your side, helping you to feel in control of your business finances.
Based in Rickmansworth, Hertfordshire, we take away the pain of financial management and compliance, supporting your goals and giving you more time to spend on the things that matter most to you in your business.
Top Fields Accounting gave me honest, practical support and advice when I needed it most, as a new business owner. Highly recommended.
I really recommend Top Fields. Pearl gave me lots of helpful advice, she is so approachable and everything was laid out clearly.
Implementing Xero for us has been a game changer. You have enabled us to grow in a controlled way and your support with pricing and forecasting has been invaluable.
Every year I used to put off completing tax returns as I found the whole experience complex and overwhelming. This year I decided to get support and selected Top Fields Accounting. They took all the stress out of the process and helped me better understand each of the key steps.
A legal requirement for all Limited Companies trading in the UK, statutory accounts must be submitted to Companies House and HMRC every year. Viewed by many as a burden, we can take away the stress associated with this submission and provide guidance on tax allowances that you may not have been aware of.
Our CIMA qualified, cloud accounting experts will help to ensure your firm is compliant, preparing and submitting your accounts whilst staying abreast of any changes to legislation or taxes throughout the year.
Does your business need to be registered for VAT? If so, which scheme is best? Do your returns need to be submitted digitally? Perhaps you’ve had enough of trawling through stacks of receipts and invoices at the end of every quarter…
Our team will answer all those questions and more, registering your firm with HMRC, completing and submitting your returns accurately and on time. Zero hassle. More time to spend on your business.
Part and parcel of running a company, it can also be extremely time-consuming, taking you away from the things that matter most to your business. Let’s face it… this isn’t what you saw yourself doing when you started your new venture.
Thankfully, not only will our accountants remove the administrative burden of bookkeeping, by giving you accurate figures, insights and reports, they’ll also help you make better, more informed business decisions too.
Some accountants believe that a set of accounts is only required once a year to satisfy legal requirements. Most business owners, however, want to see how their company is performing more regularly so that they can make informed business decisions. We can provide monthly or quarterly management accounts to help our clients feel in control throughout the year.
Can you afford to invest in new vehicles? How will your profit be affected if you take on another member of staff? Should you lease equipment or buy? Our financial planning and scenario modelling services help business owners predict the impact their decisions will have on their future profitability and cash flow.
Corporation Tax… the one that every business owner dreads, currently accounting for 25% of your firm’s profits. The more you make, the more you’ll pay but, no matter how much you’d like to, there’s no avoiding it.
Thankfully, we’re on hand to complete your Corporation Tax return on your behalf, helping you to ensure it’s on time and any penalties and interest charges are avoided. By getting to know your business, we could even advise on ways to reduce the amount you owe.
Running payroll can’t be that hard, can it? You just calculate people’s hours, add on a few expenses and that’s that… right? Wrong. Time consuming and far more complicated than you might think, most small business owners will struggle to stay abreast of the latest tax, NI and pension changes, not to mention factors such as sick or maternity pay, salary sacrifice and staff turnover.
Make one mistake and you’ll be persona non grata with your team in no time. Outsource your firm’s payroll to us, however, and we’ll relieve that pressure, keeping your business compliant, your employees happy and freeing you up to focus on growing your business.
They say cash is king. In fact, running out of it is one of the most common reasons why small firms fail. Having an accurate, up-to-date picture of your incomings and outgoings, therefore, is essential, helping you plan, invest and grow safely.
For busy owner-managers, however, pulling that kind of information together at the drop of a hat can be extremely challenging. Fortunately, we’re there to fill that gap, producing periodic or ad-hoc cash flow projections that are tailored to the unique requirements of your business.
Effective processes are the backbone of any successful business. We are a digital accounting practice and our clients benefit from the improved efficiency, transparency and reporting that cloud accounting systems provide, giving them real-time information at their fingertips and freeing up their time.
We can help you to set up the robust financial controls and processes that you need to have in place as your business grows.
Every business will need a different level of support from their accountant so, understandably, we don’t have a ‘one size fits all’ price. That said, we do charge on a fixed monthly fee basis so there won’t be any nasty surprises at year end. Give us a call and we can provide you with a transparent quote tailored to your requirements.
We’re regulated by the Chartered Institute of Management Accountants (CIMA), so you can rest assured that you’re in safe hands. We’re also registered agents with HMRC for Income Tax, Corporation Tax, VAT, and PAYE. We’ll help you to meet all of HMRC’s requirements and deadlines and avoid any nasty fines and penalties. We hold full Professional Indemnity insurance.
Whilst our office is based in Rickmansworth, we cover the whole of Hertfordshire, Buckinghamshire, Berkshire, Surrey, Oxfordshire and Cambridgeshire. That said, we have clients as far away as Edinburgh! No matter where you’re based in the UK, we’d love to hear from you.
Contact us to book a free, no-obligation consultation to discuss your business and discover just how our accountants can support you. You may want to start with a basic accountancy service to ensure that you comply with HMRC’s requirements, adding on more services over time. Either way, we can support you, discussing different options and letting you decide as to the level of support your business needs.
Of course! Unlike many accountants, we don’t insist our clients use one particular package. Instead, we can help you to decide which software is best for you, set up your company on that package and then help you to make the most of its benefits. We provide our clients with basic training on their cloud accounting software so that they can log in and see how their business is performing as and when it suits them.
As fully qualified Tax Technicians (ATT), we’re perfectly placed to make sure you pay the right amount of tax, that you don’t pay any more than you need to and that you don’t get hit with any fines from HMRC!
There isn’t a ‘one size fits all’ answer to this question. However, our accountants can explain the pros and cons of each company structure and help you to decide what will work best for you.
A Financial Accountant will focus on producing Statutory Accounts and meeting all of your obligations as set out by Companies House and HMRC. A Management Accountant, however, will focus on understanding how a business is performing and providing support with decision making. Top Fields Accounting have significant experience in both areas.
Of course! Our accountants can set up your PAYE scheme for you and ensure that you submit all the information required by HMRC.
Whilst many accountants prefer to communicate almost entirely by phone or email, we also like to meet with our clients either face to face or via Teams on a regular basis.
No problem, just get in touch with us and one of our experts will be happy to assist you.
Get in touchIf your business needs a helping hand, simply get in touch. We’re here to support you, Monday-Friday 9am to 5pm.
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