Our clients include: We love numbers

Transcription

1

2 Our clients include: We love numbers Our complete finance team of uniquely characterful and fully certified accountants and bookkeepers use cloud systems to do what they love more efficiently and apply a distinctly human touch to offer our clients accountancy support like no other. Each member of our team is a specialist in their area of the accountancy process; from setting up the systems to accredited accountancy support, bookkeeping, payroll, accounts payable, accounts receivable, tax support and many more. We are here whenever you need our love of numbers to remove the stress and complexity from accounting. Powered by The Hoxby Collective

3 How it works: A dedicated Finance Director acts as your gateway to an outsourced team of specialists who work with you, and each other, to deliver a seamlessly connected finance function for your business. With access to experts in all areas of finance, we tailor the team to meet your needs, and only bill you for the time you need them. ACCOUNTS Bookkeeping Accounts receivable & payable Payroll Management reporting Year end accounts You Finance Director ANALYSIS Forecasting and scenario planning Price modelling Route to market analysis Investment decisions Portfolio restructuring SYSTEMS Accounting software evaluation Bespoke implementation and integration of new software Automated management reporting COMMERCIAL FINANCE Reporting Financial business partnering Powered by The HoxbyCollective Collective Powered by The Hoxby

4 Connected like never before Extraordinary Passion As individuals, we choose the projects we work on; we work with you because we love your challenge, your business and you. That way, you always know we re going to be totally invested in the outcome and give more than just our time to ensure we succeed, together. Unparalleled Knowledge Our limitless network of talent enables us to offer unrivalled matching of quality expertise to each unique project. We combine the skills, passions and experiences of each member to create the most skillful and dedicated team, anywhere in the world. Seamless Integration There s no hidden cost, no swanky office or other overheads- every penny is invested into people working for you and your business. Connected to you via the cloud and in person, we work with transparency and flexibility to integrate seamlessly with your teams. Powered by The Hoxby Collective

5 How it works Our 3-stage process ensures we guarantee a flawless accounting experience from day one. A detailed explanation of each stage in the process follows this slide. 1. Setup 2. Manage 3. Report We ensure you are setup with Companies House and HMRC correctly so that you can start trading as quickly as possible. We also set you up with the most appropriate cloud-based systems from day one or move you across to them if you are already trading. Outsource your complete accounting process to individual experts, leaving you free to do what you do best. Our modular approach enables us to build and grow our team at a fraction of the cost of employment in-house. We provide robust, ongoing financial information to help you manage your business profitably and plan for your future success. We also ensure you are compliant with mandatory external reporting, meeting Companies House and HMRC requirements. Company formation System setup Accounts receivable Accounts payable Payroll Cashflow Forecasting Monthly reporting Accounting team Annual reporting Powered by The Hoxby Collective

6 1. Setup Relax in the knowledge that your company is set up correctly, from day one. Company Formation Acting on your behalf, we will manage the process of setting up your company, taking care of: Companies House online registration HMRC online account registration Corporation Tax registration VAT registration System Setup To help you submit your data in a digital format, we will also set up your business with a cloud-based system appropriate to your needs, if you are not already using one. Each cloud solution enables real-time access to your financial information, all in one place, whenever and wherever you need it. We give you access to the latest technology, and the expertise to make the most of it. Powered by The Hoxby Collective

7 Having engaged Hoxby to help oversee the company set-up and financial structuring of my new business, I have since recommended them to another business I am involved in as, quite frankly, I don t know what I d have done without them! Immensely knowledgeable and patient, Hoxby have gone above and beyond in providing detailed operational, practical and moral support and I cannot recommend them highly enough. Beanie Espey Co-Founder XECO Wines Ltd

8 2. Manage As you grow, we grow with you. Payroll When you add employees to your ranks, we make sure they are set up and paid in accordance with their employment contract. We ensure that each employee is PAYE compliant and that you report your employees payments and deductions to HMRC on or before each payday. Cash Flow With control over your accounts receivable, accounts payable and payroll, we will be able to give an accurate, up-to-date report on cash flow. This insight will give you the peace of mind to know your business finances are ready for whatever opportunities or challenges lie ahead. Accounts Receivable Ensuring you collect what you are owed in a professional and timely manner will ensure better cash flow and free up valuable time chasing payments. We provide a dedicated Accounts Receivable Manager to build relationships with your customers to make sure you get paid on time (or ahead of time!), wherever possible. Accounts Payable Your dedicated Accounts Payable Manager will ensure that you are compliant in paying invoices in accordance with the terms of each supplier. Forecasting Looking at what has happened in the past can help to predict what will happen in the future. Your Senior Finance Manager will use retrospective data to give an impression of future performance, with an understanding of any expected changes to income. For companies looking to borrow money, a forecast will give the lender the minimum level of information they would require to understand the risk/return. System Information We provide a system to enable upload of receipts and invoices as part of our packages, complete with unlimited transactions. Receipt Bank provides automated bookkeeping on a cloud platform which saves valuable hours by pulling information from receipts and invoices quickly, accurately and efficiently. It loads them automatically into various online systems and with the mobile app you can also send receipts and invoices while you are on the move. Powered by The Hoxby Collective

9 Hoxby completely revolutionised the way we treat accounts. They gave us knowledge, confidence and support that has demystified the process and allowed us to focus on growing the business whilst feeling confident our accounts were in check. In doing so they reduced our accounting costs by 80%. We couldn't be more delighted. Charlie Webb Co-Founder The Greedy Book Ltd

10 3. Report To make informed decisions, you need the best information. Monthly Reporting Our team will use your digital financial information to produce monthly accounts in the form of a Profit & Loss report that will include: Preparation of monthly Profit & Loss figures Monthly summary with narrative Review & submission of quarterly VAT returns Annual Reporting On completion of your first year, we use your data (supplied digitally) to undertake the following: Annual Statutory Accounts Preparation & Submission (to Companies House) Corporation Tax Calculation & submission (to HMRC) Annual Return submission (to Companies House) Accounting Team We provide you with a dedicated Senior Finance Manager as your consistent point of contact. As a qualified accountant they will understand your business intimately and can propose ongoing improvements to your financial processes and add value to situations, as they arise. Powered by The Hoxby Collective

11 GARETH Brown Senior Finance Manager A selection of our people HELEN Barnes Managing Director Helen is our Managing Director - a Chartered Management Accountant (ACMA) with over 15 years experience working within a wide range of global organisations including Accenture and Foster + Partners as well as working in various finance departments for the government. HELEN Clements Senior Finance Manager Helen is an ACA Accountant who has 15 years qualified experience working with entrepreneurs to multi-million pound companies at BNP Paribas, Inchcape, Simplyhealth and Bamboo loans. Gareth is an ACCA Accountant who has 5 years qualified experience. He is an accredited expert for the Big Three software houses being Quickbooks, Sage and Xero. His experience covers working with anything from Day care providers (Tiny Tots) to organic butchers (Story Butchers) KIT Looi Bookkeeper Kit is a Xero-Certified Advisor and bookkeeper who has worked for 17 years with consultancies in New Zealand and the US, a taxi app and retail businesses in Australia, web design and graphic design companies in Dubai, ecommerce stores, accounting firms in the UK and many more. LAURA Derryman-Warren Payments Manager Laura has more than 15 years experience within Accounts Payable and Accounts Receivable management as well as being a Personal Tax Advisor, dealing with personal and partnership tax returns, calculating benefits in kind and advising on inheritance planning. Powered by The Hoxby Collective

12 Pricing Straightforward pricing, with loyalty discounts We understand that every business is different, so all quotes are tailored once we fully understand your needs. Bundle Deal Purchase all services within a stage and we will provide: We also appreciate that you need to understand the cost implications of outsourcing, so we have prepared example pricing for a small micro business and a micro business to give you an idea of the costs that could be involved. These examples are outlined in the two pages that follow, and are illustrated as an annual/one-off cost, as well as a bundle price - the more we do for you, the bigger the discount you receive. - Discounted pricing 48 hour response to any queries throughout the year Monthly call with the Senior Finance Manager Monthly invoicing, spreading the cost evenly over 12 months The examples on the following pages take account of the maximum discount available, assuming all elements of accounting are run through Hoxby. Please note that our pricing is applied to small micro or micro businesses which must meet 2 of the following 3 criteria: Small Micro - Employs no more than 3 people, has a turnover below 200k and no more than 5k in Assets Micro - Employs no more than 10 people, has a maximum turnover of 632k and no more than 316K in Assets Powered by The Hoxby Collective

13 Example price for a small micro company 1. Setup Company Formation** Annual/ One-Off Fee* Fee when bought together 3. Report 2. Manage System Setup*** Accounts Receivable Accounts Payable Payroll Starter Package Up to 60 invoices (5 per month) Up to 60 payments (5 per month) 1 employee , ,650 Cashflow Forecasting Monthly Reporting Accounting Team Statutory Accounts Corporation Tax Annual Return Up to 600 transactions (50 per month) 1, ,050 1,000 1,950 All prices exclude VAT *Paid upfront **Cost reduced by 35 if VAT registration not required ***No cost if you already have a cloud based system and subscription

14 Example price for a micro company 1. Setup Company Formation** Annual/ One-Off Fee* Fee when bought together 3. Report 2. Manage System Setup*** Accounts Receivable Accounts Payable Payroll Standard Package Up to 300 invoices (25 per month) Up to 300 payments (25 per month) 10 employees 7,100 1, ,400 14,800 Cashflow Forecasting Monthly Reporting Accounting Team Statutory Accounts Corporation Tax Annual Return Up to 3,600 transactions (300 p. month) 3,100 1,700 3,600 1,950 5,300 All prices exclude VAT *Paid upfront **Cost reduced by 35 if VAT registration not required ***No cost if you already have a cloud based system and subscription

15 Personal Tax: Self Assessment Services If you are an individual and work as a sole trader or run a Limited company, Hoxby can also take care of your personal tax return. 1. Basic Individual with employment income, P11d benefits, dividends and interest income 2. Intermediate 3. Advanced Sole Trader accounts supplied digitally, or Sole Trader accounts from scratch, or Individual with two income sources, P11d benefits, dividends and interest income Individual with Non-residency or Pension complexity, P11d benefits, dividends and interest income 4. Complex Bespoke quote required if you fall outside 1, 2 or 3. Annual/ One-Off Fee POA Fee when bought with company package POA with discount Purchase self-assessment in addition to your company package and benefit from our bundle price, and: A professional team looking after both your business and personal finance A single point of contact who knows and understands your business and personal finance matters intimately All prices exclude VAT Whilst discounts are applied, if we take care of your company accounts, self assessments are contracted with and billed to the individual

16 Our rates for finance services Level HOUR DAY Director Senior Accountant Accountant Administrator This rate card is indicative of the rates payable for the various levels of experience and range of expertise within finance.byhoxby. Each project is delivered by a bespoke team for the brief in hand, and so actual rates are subject to minor fluctuations, subject to the individuals appointed to the brief in hand. Prices quoted are exclusive of VAT. Powered by The Hoxby Collective

17 Hoxby have shown excellent professionalism and a very human touch in helping us rethink how we develop and build our business. The support from our Finance Director has been dynamic; providing mentoring to our operations manager and strategic insight to the management team. Hoxby have assisted us with cash-flow, forecasting, year-end accounts, and answering innumerable queries that arise from running a small, fast-paced company. The Hoxby team have exceeded our expectations. Shani Newbold Founder and CEO Cadence Partners Ltd

18 For enquiries, please As featured in: Thank you Thank you