Accounting and Compliance

This company is a UK subsidiary of a fast growing European company and is based in Reading.

They specialise in the supply and distribution of Neuroscience research equipment.

Winchester Bourne's role includes:

• The production of the annual statutory accounts and corporation tax returns

Annual accounts preparation, corporation tax computation and submission £1,250.00 plus VAT

• Monthly payroll and pension administration

Monthly Payroll £40.00 plus vat per month (4 staff).

• Quarterly VAT submissions for the UK subsidiary of this European based company.

Quarterly VAT Return completion from £80.00 plus vat to £160.00 plus vat per quarter.

As the management of the company is based elsewhere in Europe, Winchester Bourne has provided knowledge of the UK accounting systems and rules to ensure that submission deadlines are met and that the company's accounts are fully compliant to UK accounting standards.

The book keeping is maintained by the client on cloud based accounting software - Zoho - Winchester Bourne's role is as advisors and to check and amend entries to the accounting software, post journals, produce and file submissions and ensure compliance throughout.

In 2018 we were asked to also act as the accountants for their US based company.

Ad Hoc accounting support is charged at £80.00 plus vat per hour.