Business Details
We operate as a chartered accountancy practice dedicated to assisting expanding enterprises through outsourced financial services. Our team delivers adaptable solutions in financial management, reporting, and strategic guidance, enabling organisations to enhance their fiscal frameworks and make well-informed choices that underpin sustained growth.
In addition, we offer comprehensive statutory audits, independent examinations, and a full spectrum of accounting and tax compliance services for both companies and individuals throughout the United Kingdom. Our services encompass the preparation of statutory accounts, adherence to corporate and personal tax obligations, and the provision of outsourced payroll management, ensuring compliance and efficiency in all financial matters.
In addition, we offer comprehensive statutory audits, independent examinations, and a full spectrum of accounting and tax compliance services for both companies and individuals throughout the United Kingdom. Our services encompass the preparation of statutory accounts, adherence to corporate and personal tax obligations, and the provision of outsourced payroll management, ensuring compliance and efficiency in all financial matters.
Details
- Licensed
- Insured
Highlights and features
- We are ACCA-registered auditors operating in the UK.
- Our director has 18 years of cross-sector accountancy experience.
- We audit trading companies, charities and client money entities.
- Our payroll team specialises in UK employment compliance.
- We deliver efficient audits with minimal client team disruption.
Associations and certifications
- Association of Chartered Certified Accountants
Payment methods
- Debit cards
- Credit cards
- Bank transfers
Services
Audit & Assurance
Through our Audit & Assurance offering, we deliver comprehensive evaluations that not only confirm a true and fair view of financial statements but also support strategic decision-making. We engage with clients judiciously to maintain efficiency, ensuring minimal disruption to daily operations. Our team provides actionable guidance to mitigate risk, enhance systems, and satisfy regulatory requirements for trading, charitable, and client-fund-holding entities.
Statutory Accounts Filing
We assist UK registered companies and charities in preparing year-end statutory accounts suitable for submission to Companies House or the Charity Commission. Our team can compile accounts directly from bookkeeping or existing records, ensuring full compliance with the Companies Act and relevant regulations. This service covers limited companies, LLPs, group accounts, and foreign subsidiary entities. We tailor reporting frameworks according to the organisation's size and requirements, from micro-entity FRS 105 accounts to IFRS-based statements. Additionally, we advise on Corporation Tax submissions and relevant reliefs, including SEIS, EIS, and VCT considerations.
Personal Taxes
Our firm specialises in managing personal tax obligations for individuals and partnerships, ensuring all self-assessment requirements are met efficiently. We handle the preparation of annual returns, monitor payment schedules, and identify opportunities for reliefs and allowances. Clients receive tailored support for complex issues including residence and domicile rules, capital gains tax planning, inheritance tax advice, and dealings with HMRC communications.
Payroll Bureau
Ipsum Accountants offers comprehensive payroll management tailored to your organisations needs. Our service encompasses wage computations, tax and National Insurance calculations, statutory leave pay, benefits reporting, and industry-specific payroll requirements. We prepare payslips, facilitate electronic submissions, maintain secure staff records, and ensure pension auto-enrolment compliance. For larger workforces, we can implement automated payment processing directly from payroll software to your chosen intermediary.
Bookkeeping & VAT
We provide a comprehensive Bookkeeping & VAT service designed to relieve business owners of time-intensive financial tasks. Our team expertly manages record-keeping, VAT filings, and cloud-based system integration, ensuring accuracy and regulatory compliance. With experience across packages such as Xero, QuickBooks, Sage, and Oracle Netsuite, we simplify information management and support businesses in avoiding misclassifications or oversight that could impede development.
Virtual FD
Our Virtual FD service provides evolving businesses with strategic financial insight and rigorous performance analysis without the expense of a full-time director. Clients engage our expertise on a flexible basis, paying solely for the support they require. We extend the accountants role beyond advisory, identifying opportunities and risks, analysing financial scenarios, and guiding informed decision-making tailored to your organisations priorities and growth objectives.
Reviews (3)
Shah Ahmed
Nov 01, 2023
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It was a pleasure working with Mr Iqbal Chowdhury, he is very efficient and helpful and get's work done on time and good price.
Tim
Dec 13, 2022
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Ipsum have provided an excellent and personalised service. Iqbal is diligent, responsive and professional.
Whitney Tiller
Jul 14, 2022
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After spending three days battling with the bank I still hadnt been able to complete my paperwork. Then I posted on bark for some help and Ipsum accounting came to the rescue. I had my form completed and returned to me within hours, and at a much more reasonable price than other accountants I contacted. Im so grateful. Thank you Iqbal.