Accountancy is the bedrock of any business. Without the right information, it’s impossible to provide the timely and accurate management information you need to make the right decisions.
Working with Harwood Hutton, you will receive the full benefit of our vast tax expertise, technical knowledge and commercial skills as we provide you with the core data and the strategic insight designed to help you flourish.
We have a flexible approach and can provide full-time, part-time, interim or ongoing support and services.
With us by your side, you will be able to focus properly on your key objectives as a business leader.
We analyse trends, highlight the areas of strength and vulnerability in your business and give you a route map to increased efficiency and profitability.
We will also ensure you fulfil all your legal reporting obligations.
Our accountancy services include:
Harwood Hutton is an accredited Gold Partner for Xero Accounting Software and we support other accounting packages including Quickbooks and Sage.
As well as the benefits of being able to access your records anywhere, cloud-based accounting means you will never have to back up your data or install expensive upgrades. It allows us as your accountant access to your data when it comes to year-end or dealing with ad hoc questions.
Our technical team will happily walk you through the move to cloud-based accounting, which is key to UK Government’s Making Tax Digital initiative.
Some business owners regard the annual audit and preparation of annual accounts as a cost centre, a necessary evil that adds no value to the business.
It should really be seen as an opportunity, a launchpad for improvement.
Besides helping you meet the statutory requirements, we take the opportunity to conduct a review of your financial and management systems. This can often result in our identifying of potential problem areas and recommending opportunities to boost profitability and/or reduce risk
Many organisations are required by law or regulators to have their financial statements audited.
Some organisations may be exempt, dependent on size and relevant regulations. We advise on specific requirements and, if your organisation is exempt, the alternatives, such as voluntary audits and independent examinations. These are useful ways to ensure systems and results are robust and help send a clear message to shareholders and/or potential investors that everything is in order.
Any UK business must have an audit of its annual financial report by an independent expert if it meets two of the following three criteria:
We have experience in a number of key regulated areas that require specialist reporting to specific oversight bodies, and working closely with our specialist tax advisers, we can highlight tax planning opportunities for you.
Our internal audit service will provide you with a rigorous evaluation of your internal operations – the activities and processes undertaken to achieve your business objectives and reduce risks.
We take the time to get to know you, your business and your marketplace and will tailor our approach based on your specific needs.
Our internal audit team will put your processes under the microscope, bring best practices to the fore and put you on the right path to achieving your strategic goals.
External audits build confidence with shareholders and stakeholders by underpinning the credibility of an organisation’s financial statements,
The regular examination of accounting records and financial statements conveys good governance and can lead to the development of controls that can defend an organisations against fraud and regulatory non-compliance.
Our accounts and audit team are experts in developing risk-based and cost-effective audit plans. Our clients include corporates, academies, charities and partnerships, across a wide range of sectors.
For more details about our Audit service, please contact our specialist Anna Bulmer
Harwood Hutton’s audit expertise is also available to charities, not-for-profit organisations and their related trading businesses. These include family foundations and charitable trusts.
The audit threshold for all charities is different from non-charitable entities. Broadly speaking, an independent examination is needed if gross income is between £25,000 and £1m (£500,000 in Scotland).
See our section on Charity and Not For Profit Audits for more information.
I always get quick, clear and definitive responses from the Harwood Hutton tax team – commercial answers to commercial issues.Robin Berry – Morgan Management
Right from the outset Harwood Hutton gave us direction and great advice – and that advice has evolved over the years as we’ve grown. We’re both medium-sized companies providing a bespoke service – one furniture, one accountancy – and the relationship works.Andy McCarron, McCarron and Co
I’m deeply impressed with Harwood Hutton’s extensive knowledge of tax arrangements for residential and commercial property landlords.Qadeer Ahmed, MD, ABA Finance
They really took their time to understand what was important to us and our business and the expertise we required. Whoever we speak to at HH, we get the same fantastic response and technical input. It’s a real partnership.Edward Finch, group MD, MRIB insurance brokers
I have worked with the directors at Harwood Hutton on a number of mutual client matters over many years. The reassurance of their clear, commercial and focussed advice is one of the main reasons I regard this as one of my most valuable professional relationships.Frank Wessely, Partner, Quantuma LLP
Harwood Hutton never seem to rest on their laurels. They are always seeking out new avenues and ways to improve their offering. A very forward-thinking company with staff who are always well briefed and who approach each task with drive.Karl Austen, MD, Surefoot Communications
We have engaged Harwood Hutton in several areas of structuring, including VAT issues, decoupling an SPV from a group structure and HMRC clearance for a transaction. The team have exceeded all expectations by being proactive, measured and very thorough.Adam Fawsitt, Director, FHT Limited
We moved to Harwood Hutton as they delivered a succinct and professional proposal. If anything, we have been more impressed post-move. They are a fantastic company to work with. They do truly differentiate. They have the skills and capabilities of a mega firm but with a personal service.Edward Finch, group MD, MRIB insurance brokers