Chartered Accountants
and Business Advisors

Welcome To Baverstocks

The Baverstocks Mandate

Baverstocks House

Every business needs professional assistance in making financial decisions and in managing its activities. The Baverstocks partnership has successfully provided that service since 1957, whilst continually expanding and developing a range of professional services to keep pace with, and to anticipate trend in, an increasingly complex business environment. Our ideally located Essex based offices afford our clients easy access to the wealth of experience and skills provided by our trained team members. At Baverstocks we encourage individual flair and innovative thinking whilst maintaining traditional values and quality of service. It is a proven fact that our fresh and dynamic approach to accountancy attract like-minded clients from a broad spectrum of business. Our objective for all client businesses, irrespective of size, is to help them realize their ambitions by providing a solid base of sound financial advice. Our proven route to success is to work closely with clients and their other…

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Practical Financial Advice

Starting a new business

Because no two businesses are the same, we adapt our accounting, financial and tax advice according to the needs of each individual client. All clients however, have certain requirements in common – irrespective of whether they are a sole trader or a substantial organisation considering a public flotation. They all require: Accurate and meaningful financial information Practical advice on taxation matters Sympathetic and effective guidance on all financial matters New Businesses The success of a new business is linked to the level of competent and professional advice it receives on tax and accountancy before and during the early stages of trading. Areas that demand particular attention include: The Ownership Structure, Limited Liability; Finance; Pre-trading expenditure; Accounting systems, financial controls, Pay As You Earn and Value Added Tax. The Developing Business Developing businesses often need more sophisticated assistance in respect of Formulating Business Plans, Management Accounting, Consultancy, Tax Planning, Remuneration Structures,…

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Auditing and Accounting Services

Auditing Growth

Baverstocks are registered by the Institute of Chartered Accountants in England and Wales to carry out company audit work. The preparation of accounts and (where necessary), the audit of a year’s results, provide key knowledge and insight into a business’ activities and gives the following: A true picture of the firm’s financial situation to owners and management Statutory information for both the registrar of Companies and shareholders A basis for the Inland Revenue to agree tax liabilities Data from which outside providers of finance including Bankers, can assess the firm’s viability Auditing For many corporate clients the audit is the core of an independent and objective view of their company’s position. In order to perform the audit function in accordance with appropriate standards, it is essential for our staff to be thoroughly familiar with the specific nature, aims and organization of each clients business. In conjunction with the statutory Audit,…

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Taxation

Taxation

Tax is now so fundamental that virtually no financial decision should be made without reference to the tax consequences. In addition the tax regime changes every year affecting both businesses and private tax payers. Both H.M. Customs & Excise and Inland Revenue increasingly conduct in depth investigations and examinations of various business practices. We advise on a wide range of tax matters but the following areas have proved particularly important in recent years: Corporation Tax We generally review each company’s tax position before the year end, advising on the planning opportunities and the relative merits of different strategies. Particular areas for attention may include: Director’s remuneration, dividend policy and business reorganisations. Personal Tax Personal taxation is often complicated and confusing for the individual tax payer. Our Tax Team offers a comprehensive service for anyone who is, or may be subject to income tax. Our staff will explain in simple terms…

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I.T. Services

Baverstocks House

For a business to continue to grow it is often essential to take advantage of the applications and opportunities available through the Internet and the new generation of Computers and software. The choice of various “off the shelf” accounting systems available can make it difficult to determine whether the business’s needs are met with any standard product. Our in-house IT Team can offer a range of advice and services to assist clients with the selection, operation and monitoring of computerised accounting and management systems: Review of Business activities, internal structures and reporting requirements. Research into specialised products for complex accounting requirements. Implementation, training and assistance with popular products. Refining reporting structures and output within popular products to reduce the need for complex / expensive solutions. Integration of data into external products for further management analysis. Provision of advice and help by telephone and e-mail, with the backup of attendance at…

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