Business Details
24 Years
experience
Your Trusted Partner for Accounting Solutions in Welwyn
Established in 2002, L M Accounting has been providing tailored accounting solutions for small businesses, sole traders, and individuals across the UK. Our founder, Lorraine Marshall, brings over 22 years of hands-on experience as a Chartered Management Accountant, combining corporate expertise with a personal touch. We specialise in demystifying financial processes, offering jargon-free advice on tax compliance, cash flow management, and digital accounting tools.Our commitment to fixed pricing and proactive deadline management ensures clients receive transparent, reliable support. By focusing on individual business needs, we empower clients to concentrate on growth while we handle financial complexities with precision and clarity.
Services
Business Accounting
Tax Planning
Payroll Services
Cloud Accounting
CIS Returns
Self-Assessment
Bookkeeping
VAT Returns
Financial Reporting
Tax Compliance
Details
- Year established: 2002
Highlights and features
- We offer 22+ years of experience in small business accounting
- Our team provides fixed-fee pricing with no hidden charges
- We implement cloud accounting software for real-time financial insights
- Our services include proactive tax planning and deadline management
- We deliver personalised support tailored to individual business needs
Associations and certifications
- ACMA
What people say
Highly recommended
Efficient and patient
Excellent accountancy service
Professional and detailed
Highly knowledgeable
Services
Business Accounting
We provide comprehensive accounting services for limited companies, including year-end accounts preparation, Corporation Tax returns, and Companies House filings. Our proactive approach ensures compliance with HMRC requirements while offering strategic tax planning opportunities. Clients receive regular financial reporting and expert guidance to support business growth and decision-making.
Tax Planning
Our tax planning services help businesses and individuals optimise their financial position through legitimate tax-saving strategies. We ensure compliance with current regulations while identifying opportunities to reduce liabilities. From self-assessment submissions to complex tax scenarios, we provide clear advice tailored to each client's specific circumstances.
Payroll Services
We manage payroll processing for businesses of all sizes, ensuring accurate employee payments and HMRC compliance. Our services include PAYE submissions, pension auto-enrolment, and CIS return preparation. Clients benefit from timely processing and expert guidance on employment-related tax obligations.
Cloud Accounting
We implement cloud accounting solutions using Xero and QuickBooks platforms. Our setup and training services enable real-time financial management with secure data access. This digital approach improves accuracy, streamlines reporting, and ensures Making Tax Digital compliance for businesses and sole traders.
CIS Returns
Specialist CIS return preparation for contractors and subcontractors in the construction industry. We ensure correct tax deductions, timely submissions, and assistance with reclaiming overpaid taxes. Our service simplifies compliance with HMRC's Construction Industry Scheme requirements.
People
Lorraine Marshall
Founder & Accountant
Qualified Chartered Management Accountant with 22+ years' experience. Former corporate finance director who established L M Accounting in 2002. Specialises in small business accounting, tax compliance, and financial strategy. Holds ACMA accreditation and provides personalised support to businesses nationwide.
Questions
Why should I choose LM Accounting over larger firms?
We offer personalised service with direct access to your accountant, fixed pricing with no hidden fees, and tailored advice specifically for small businesses and sole traders.
What accounting software do you use?
We work with Xero and QuickBooks cloud accounting platforms, providing setup, training, and ongoing support for digital financial management.
Do you handle Corporation Tax returns?
Yes, we prepare and submit Corporation Tax returns (CT600) along with annual accounts to HMRC and Companies House for limited companies.
Can you help with Making Tax Digital compliance?
We assist businesses with MTD for Income Tax compliance, including transitioning to digital record-keeping and software implementation.
What are your service costs?
Our services start from £35/month for sole traders and £105/month for limited companies, with fixed pricing tailored to your business needs.
How do I get started?
Book a free discovery call to discuss your requirements, then we'll provide a tailored proposal and handle the smooth transition of your accounting needs.
