Chartered Certified Accountants in Essex
Due to the Corona virus outbreak we are currently not holding any face to face meetings with existing and prospective clients. New clients should note that we are a totally cloud based practice, that means we can complete work without face to face meetings.
Finance Equation Ltd are multi award-winning, Chartered Certified Accountants providing cutting-edge expert, experienced accountancy services to individuals, property investors, businesses and contractors.
With over 30 years experience serving small, medium and large companies, we understand our clients needs and are passionate about providing the right advice and expertise to save you money.
Our award winning advisory expertise and industry knowledge have resulted in awards by AI Global and the Corporate Vision Magazine Corporate Excellence award.
Our packages are competitive and are designed to help businesses grow, prosper and fulfil their potential and we take pride in providing smart, professional solutions designed for the modern world of business.
Our Popular Accounting Services
It does not matter how big or small your business is, managing your company accounts requires efficient management by experienced personnel. The process can often appear to be complicated and you need to ensure that your business requirements are taken care of so that you can focus on your business.
The financial records of a business cover what is owed and owned by a business. Your assets are what you owe, your liabilities and the owner’s equity. This finance equation is the association between the assets, liabilities and stockholders’ equity.
This is what is used to record your financial status. It doesn’t matter how big or small the company is, the same formula of followed and it is important for assets to be equal to your liabilities and equity.
Your management report helps you to make decisions on managing your business and we oversee these cash flows, forecasts and asset registers for you.
We are experts at managing this process, that is why we manage the end to end process of managing your systems to ensure that your business is managed with a forward thinking view. By doing this, on your behalf, we will always be looking ahead to ensure that you will not fall like many businesses do.
As well as receiving a professional and personal experience from our experienced team, we ensure that your data and VAT are assessed and submitted on time.
Whether you are looking to for a new company or require business planning advice, we use our 30 year plus expertise to provide the solutions you require.
Essex Cloud Based Solutions
We specialise in offering the latest online packages to our clients as it is the most efficient method for you to manage your business. The ‘Cloud’ basically means you are managing your accounts online. However you are used to managing your business, we are experienced at managing the transition of your data for you.
Whether you are a business owner or contractor, managing your data in tools such as Quickbooks or Xero increases your efficiency as it enables you to streamline your processes and reduce margins for error.
It provides you with the flexibility to access your data at anytime, anywhere and on any device and it provides you with a real-time up-to-date view of the monetary position of your business.
It also ensured that all your business information is stored in one place including your calculations for HMRC and all data completely secure.
It facilitates a good relationships which supports easier discussions about your company. The software is updated live and as all the data is stored in one place, you don’t have to spend extra time or money in data back-ups.
It is a game changer for business owners and contractors. It takes away the challenges involved with going through mountains of paperwork and allows you to update your business finances easily.
We utilise its power to manage your business for you. Transitioning to us is easy and we take care of the process for you, leaving you to focus on your business.
Accountants for Start-Ups and Entrepreneurs
It doesn’t matter whether you thinking about starting a business or are in the early stages, it is important to have a business plan to help you to set goals to achieve. With our expertise, we can support you to start, run and grow your business.
Our limited company experts will assess the best format for your business, whether that is a sole trader, partnership or a limited company as this will affect your taxation and liability.We manage the filing process for you, for sole traders and limited companes, your financial documents are filed annually, and VAT returns are filed quarterly. We manage this process for you so that you can focus on your bsuiness.
We answer all the necessary questions that are important to understand in the early stages of a venture such as, will you need to register for VAT; what is corporation tax; how much can you pay yourself monthly; how should your records be set up; what software should be used to manage your software and how you can qualify for Enterprise Investment Scheme relief. We go into as much detail as you need in our initial consultation.
Small Business Accounting
As well as supporting the start-up process of a business, we also ensure that your systems are set up to run efficiently. Utilising our business process reengineering expertise, we can implement a cost effective and efficient system for your business or set a process up that works for the business format that you have chosen to operate with.
We specialise in self self assessment tax returns, VAT returns and specialist sector services including property, e-commerce, healthcare, contruction and technology.
Our consultancy services include a range of bookkeeping services for businesses and contractors. We help you to keep your balance sheet in order and compliant, support you with hmrc submissions and investigations and the correct maintenance of records.
Medium to Large Businesses
The service we offer to medium and larger businesses is more advanced as you will very likely be making a £million plus per year, employ a large number of staff and need support with the corporate planning of your fiscal position.
We have the expertise to support the analysis of your business model and processes as well as carry out the necessary day to day management of your obligations.
Additional areas that larger companies very often require support with is in corporate restructuring and shareholder planning.
Business and Personal Tax Accounting Services
It is important for business owners to have a tax planning strategy in place. It enables you to have a clear view of the implications of your transactions in order to maximise the success of your business.
We assess the holistc position of your business and implement systems that keep you compliant with hmrc while saving you money. We also support the day to day management and preparation of your statement and compliance.
We also support your planning approach which can impact the amount you may personally which also impacts your income, capital gains, property and inheritance tax. This is one of the most important areas that an individual will need to consider in additional to looking at the position of their business, and it is an area that should not be taken likely. That is why working with a specialist in this area is important. We are happy to visit you to discuss the services we offer in this area or you are welcome to visit us at our offices in Essex.
Property and Landlords
The level that you may pay on your own home is often limited to stamp duty when you purchase your property. Owning a second property or a portfolio means that you will need to consider your structure carefully.
Our experts have extensive experience of supporting and advising landlords and letting agents, and can oversee the management of your management reports, statutory accounts and the VAT returns to be submitted for your business.
I employed The Finance Equation Ltd with one of my companies and found them to be creative problem solvers, commercially astute, technically excellent and importantly they got the job done. Thank you.
– Azeem Ibrahim – Executive Chairman at The Scotland Institute
I have been contracting for some time in the UK. I moved to The Finance Equation to do my accounts for my company last year. I have been really impressed with the quality of service, all my questions on tax were answered in an understandable way and they reduced my bill, so I am very happy. Thank you!
– Viktor Todorov
I have been a client for over five years and I am very happy with the service I get from the team, I get real value for money.
– Maan Singh CIS contractor
I have been working with them since 2006, and they have always been able to provide sound and informative recommendations in terms of investments, and ways to move forward my finances. They are straight forward, open, very willing to help, and active in in putting you in contact with other parties to ensure you can reach your goals.
– Christina Murias – Tender consultant and property investor
Your Trusted Experts
It is our role to manage all of your business needs. With over 30 years experience, we understand every aspect of company accounting and providing support to businesses. We cover all locations throughout Essex including Ilford, Brentwood, Harlow, Chelmsford, Hornchurch and Romford. Not in Essex, we also provide our expertise to businesses in London and East London.
Whether you are a small, medium or large business, a contractor or require support with your VAT, self assessment or business plans, we have the expertise to support you. If you would like to discuss switching to us, feel free to give us a call to see if we are a good fit for your business.
When you work with us, we ensure you receive a dedicated, friendly and professional service.