Opening soon. Farside Accounting Ltd's registration with HMRC for anti-money-laundering supervision is in progress. We are happy to talk now, and will take on client work once that registration is confirmed.
Ten service lines, one cycle.
From day-to-day bookkeeping through to statutory filings — scoped, reconciled and reviewed on the cycle you set. The same ten lines whether you run an accounting practice or your own business.
The full list
| Service | Cycle | What comes back | Deadline | Filed at |
|---|---|---|---|---|
| BookkeepingTransaction processing, bank reconciliation, management accounts | Weekly / monthly | Reconciled ledger and an exceptions list | — | — |
| VAT returnsQuarterly returns under Making Tax Digital | Quarterly | Return reconciled to the ledger, ready to file | 1m + 7d | HMRC (MTD) |
| PayrollRuns, RTI submissions, payslips, year-end filings | Weekly / monthly | Payslips, FPS, journals for the ledger | On or before payday | HMRC (RTI) |
| CIS returnsContractor and subcontractor computations | Monthly | CIS300 and deduction statements | 19th | HMRC |
| Annual accountsStatutory and unaudited year-end accounts | Annual | Accounts prepared to a review checklist, ready for sign-off | 9 months | Companies House |
| Corporation tax (CT600)Computations from the finalised accounts | Annual | CT600 and computations, reconciled and ready to file | 12 months | HMRC |
| Self-assessmentIndividual returns from source records | Annual | Return ready for review | 31 Jan | HMRC |
| Sole trader accounts and returnAccounts and the linked return, prepared together | Annual | Accounts and return that tie out first time | 31 Jan | HMRC |
| Confirmation statementsCompany details checked before preparation | Annual | Statement ready to file, discrepancies flagged | 14 days | Companies House |
| Gift Aid claimsFor charities, reconciled to donor records | As claimed | Claim schedule ready to submit | — | Charities Online |
- MTD
- Making Tax Digital — HMRC's requirement to keep digital records and file through compatible software.
- RTI
- Real Time Information — payroll reported to HMRC on or before each payday.
- FPS
- Full Payment Submission — the RTI report that goes to HMRC with each pay run.
- CIS / CIS300
- Construction Industry Scheme, and the monthly return a contractor files under it.
- CT600
- The company tax return, filed with HMRC alongside the accounts and computations.
- Confirmation statement
- The yearly check of a company's details at Companies House.
What we handle for you
Find the row that sounds like you. Each line is in the full list above.
| If you are | What usually needs doing |
|---|---|
| A limited companyDirectors, with or without staff | Bookkeeping, VAT returns, payroll, annual accounts, corporation tax, confirmation statement |
| A sole traderSelf-employed, trading in your own name | Bookkeeping, sole trader accounts and the linked Self Assessment return, VAT returns if you are registered |
| An individualLandlord, company director, or other income HMRC asks you to report | Self Assessment return, prepared from your records |
| A construction contractorPaying subcontractors under CIS | Monthly CIS returns and deduction statements, alongside the lines above |
| A charity | Bookkeeping and Gift Aid claims, reconciled to donor records |
| Area | You | Us |
|---|---|---|
| Identity checks | Provide proof of who you are before we start | Required of every UK accountant by anti-money-laundering law |
| Records | Send them, or give access to your ledger | List anything missing, once, in one place |
| Preparation and reconciliation | — | Ours, to a review checklist |
| Review | — | A named reviewer on every file |
| Approval | Yours — you see it before anything is submitted | Nothing filed without it |
What we do and do not do
Stated plainly, because the gap between the two is where outsourcing arrangements usually go wrong.
| Area | Us | You |
|---|---|---|
| Client relationship | No contact with your client unless you ask for it | Owned entirely by you |
| Engagement letter | Work under yours | Issued and held by you |
| AML and client due diligence | Not performed by us on your clients | Your checks, your records |
| Preparation and reconciliation | Ours, to a review checklist | — |
| Internal review before return | A named reviewer on every file | — |
| Final sign-off | Never ours | Yours, always |
| Filing and submission | Prepared ready to file | Submitted under your credentials |
Built around the tools you already use
Xero-first, and comfortable in FreeAgent, QuickBooks Online and Sage. We fit into your existing setup rather than asking you to change it.
Xero is marked because it is where the volume is: of the 23 UK practices we mapped when scoping this business, every one ran Xero. Being Xero-first is an observation about the market, not a preference.
Not sure where to start?
Start with one line — usually the one taking the most time. We scope it in a short call.