What We Do
Here at Minerva Accounting Solutions Ltd we cover a broad spectrum of services; from general book keeping, to VAT returns, company secretarial work and independent examinations for Not-for-profit-organisations.
Click or Touch one of the below sections to find out more.
Book Keeping
Book keeping is a vital part of any business. However, we understand that this can be a laborious task that takes up precious time that could be spent on other aspects of your business.
We provide a service that includes:
- Entry of sales and purchase transactions into system
- Entry of bank & cash transactions into system
- Reconciliation of statements to confirm accuracy
- Monthly Management Reports, including –
- Profit & Loss
- Balance Sheet
- Debtors report
- Creditors report
- Key Performance Indicators
Our service is flexible and provides the option of a book keeping service that stands alone or runs in conjunction with other services, giving you the choice of which tasks you would like to complete yourself.
You can feel safe in the knowledge that your books are being kept up to date professionally.
VAT Returns
We can calculate your VAT and file your return quarterly for you to ensure that you meet the submission deadline. At the same time a quarterly report is compiled that can form part of your Management Reporting.
Payroll
Payroll can be a time consuming task for a business of any size and the challenges of Payroll, especially with the introduction of RTI reporting and Auto Enrolment Pensions, can be intimidating. Our Payroll service is available as a weekly, fortnightly, monthly or four weekly service, dependent upon your business’s requirements.
- Payroll creation
- Production of payslips and book-keeping reports
- Administration of HM Revenue & Customs RTI reports, National Insurance, PAYE, Sick Pay & Maternity Pay etc.
- Pension deductions & reports
- End of Year Returns
- Construction Industry Scheme (CIS) – for those in the building sector with Sub-Contractors working for them, we offer a full CIS compliance service that includes initial registration, verification of Sub-Contractors, and monthly returns.
Company Secretarial Work
We offer a range of Company Secretarial services which range from the initial Company Formation, change of office address or Director’s address, the transfer and division of shares, through to reconstructing Company Records and Registers.
Independent Examinations for Not-for-Profit Organisations
We provide a service whereby we examine the Accounts of Not for Profit organisations to ensure that members of the organisation and other Stakeholders (funders, donors) have peace of mind that the organisation’s finances are being managed.
Once examined, these Accounts can be presented to the Trustees or Members, or if required submitted to the Charities Commission.
Accounts Preparation and Management Information
Whether needed for Management Information on a quarterly basis, for use with a Self-Assessment Tax Return, or as part of a Limited Company’s Statutory Accounts, we can provide the right level of detail for your needs.
A business will often need background information during the year, to keep it on track for targets, or just as importantly avoid possible headaches later. We can help monitor expenditure, keeping your business efficient.
A smaller business owner will need the accurate accounting information for the completion of their Self-Assessment Tax Return.
More detailed Annual Accounts must be prepared for Limited Companies and submitted with Company Tax Returns and Corporation Tax calculations. Minerva can prepare and submit these in addition to the Accounts required by Companies House.
Taxation Services
Minerva can use the information from your accounts to complete an Individual’s Self-Assessment Tax Return or Company Tax Return for Corporation Tax purposes.
By keeping up to date in tax we avoid the pitfalls, making sure you pay exactly the correct amount of tax due on your business activities.