About Virgo Accounting
We believe anything is possible so when you have a problem we’ve got the creativity and determination to keep looking until we’ve solved it for you.
Virgo Accounting prides on proactive approach and excellent standards of service. We take a progressive approach to dealing with your requirements, and our friendly and motivated team will work closely with you to help you to achieve your goals.
What our clients say about us:
Geraldine FD of Gina Conway
“Excellent and friendly service, great organisation and attention to detail.”
Saraya CEO of Esska shoes
“Fantastic, I’m totally blown away by the service.”
“Great attention to detail and on time service with easy to understand attitude.”
Chris-CEO of Clarendon Group ltd
“Virgo Accounting ltd gives great attention to needs and requirements of the company with top service.”
Virgo Accounting Services
The services we provide include:
Accounting and Bookkeeping
Owners and managers of businesses need to make decisions based on the current financial position of the company. You need to be able to obtain up-to-date accounting information quickly and easily. Virgo Accounting can look after your bookkeeping and management reporting and recommend on-line accounting packages, accessible wherever you are and help in the set up and on-going maintenance.
For a fixed monthly charge, you will receive accurate and timely financial information with the knowledge that your accounting records are maintained, up-to-date and reviewed for accuracy by our professional team.
A full service package would include the following:
Bookkeeping and recording all weekly and monthly transactions
Accounts payable – processing supplier invoices and payments
Accounts receivable – preparing invoices and recording payments
Preparation of monthly/periodic trial balances including Bank account reconciliations and maintenance of Fixed asset register and depreciation calculations
Monthly /periodic Management accounts with commentary and analyses
VAT registration and returns
Regular contact to discuss business developments and to agree timetables for the preparation of year end accounts
Preparation of statutory accounts and filing with Companies House
Virgo Accounting have significant experience with the new array of Cloud Accounting packages including Xero .
Need complete Accounting and Tax service in the UK?
Financing & Business Planning
Running a successful business requires an understanding of the financial position of the business. Whilst making profits is good, understanding the cash-flow position of the business is key and will help you ensure that you have sufficient funds to continue to pay your staff and suppliers. It will also help you to identify any deficits and help you plan for future change or expansion and funding requirements.
Virgo Accounting can provide a number of services to assist you with managing the finances of the business and planning for the future, this would include:
Preparation of Budgets
Preparation of Business Plans
Advice on different methods of Raising Finance
Cash Planning and Utilisation
One of the key factors in the success of a business are its people and those people will need to be paid.
Operating a payroll function can be time-consuming and expensive especially where there is no in-house payroll expertise. There may also be a risk that the business is not compliant with HMRC regulations which could give rise to an enquiry, penalties and interest.
Virgo accounting can provide an experienced payroll team to ensure that you are compliant with all payroll matters. This would include:
Provide advice in relation to employers and employees on commencement of business and ensure that all relevant registrations are put in place at the right time
Operate a payroll function with payment frequencies to suit you – weekly, monthly – to calculate the net pay for staff, the tax liabilities and other deductions due from the employer and employees and payslip production
Deal with other periodic changes – starters, leavers – including producing P45s
Ensure that business is RTI compliant and that all relevant returns are prepared and submitted on time, Year-end returns
Advise on any enquiries or other correspondence entered into with HMRC
Looking for UK based Payroll Service?
Tax Compliance and Planning
Every business has an obligation to comply with UK tax legislation. Penalties can be imposed, filing deadlines missed and lengthy enquiries may arise where tax law is applied incorrectly.
Virgo Accounting can register as your agent and deal with HMRC on your behalf assisting with the following:
Preparation, review and filing of all tax computations and returns
Advice on corporate tax payments, instalment payments, interest and penalties and managing repayments
Regular contact throughout the year to agree a timetable for the tax compliance process
Dealing with HMRC correspondence including the provision of advice in relation to an enquiry and preparation of replies as required
In addition to ensuring that your business is tax compliant we would take an active interest in the broader activities of the business to assist with planning for business developments and changes and the identification of opportunities to optimise the tax position and minimise liabilities.
Need more information?
Strategy, Innovation and Business Consultancy
Strong leadership, efficient growth, innovation and agility continue to be important success factors in a volatile global environment. Virgo Accounting assist executives identify and assess possibilities to select the strategy with the strongest potential to target and deliver value.
In the midst of complex business environments and uncertain future prospects, high-performance businesses continuously invest in profitable growth programs in all economic climates. Our consultants provide a broad range of strategic planning services and capabilities which can help companies develop long-term, robust, scenario-based strategies that can help accelerate their transformation into high-performance businesses.
VA – Virtual Assistance
A virtual assistant (typically abbreviated to VA, also called a virtual office assistant) provides professional administrative, technical, or creative assistance to clients remotely from our offices. Clients avoid the logistical problem of providing extra office space, equipment or supplies, so you pay only for 100% productive work. This can be administration, bookkeeping, event organisation, marketing, P.R., research and can even involve overseeing your H.R and managing staff.
Legal and Company Secretarial
Whether starting up a new business, maintaining an existing one or making changes there are many legal tasks that are required to be undertaken to ensure the business is legally compliant.
Our team can provide on-going support at every stage of your business to ensure your statutory books and returns are filed and maintained. Virgo Accounting involvement can be the provision of a single service, e.g. the formation of a company, through to the provision of complete bespoke company secretarial and legal support.
Services offered include:
Start up support to get you off on the right track
Operational support to ensure you contract with your customers and suppliers on the right basis, sparing you from angst later on
Company and commercial support including handling your corporate transactions, borrowing money, share schemes and general advice
Formation of Companies or Limited Liability Partnerships
Changing company names
Preparation of and amendments to the Memorandum and Articles of Association
Attendance at board meetings and AGMs, taking the minutes and providing advice on corporate governance issues
Provision of advice in relation to Stamp Duty and arranging for documents to be stamped or for exemptions to be obtained as appropriate
Maintenance of any statutory registers and ensuring any returns required by Companies House are filed on a timely basis
Would like to find out more or sign up to any of our services?
Contact Virgo Accounting
Whatever you do – please Contact us to discuss your requirements in more detail and to learn just how affordable and efficient our back office services are, enabling you to access as much as you need of all our specialists for a low fixed monthly fee. This approach provides you comfort and certainty, freeing you up to focus on delivering your business services and products to your customers.