Frequently Asked Questions
Answers to the questions clients ask us most often about accountancy, audit, tax and company secretarial services at our New Barnet office. If your question is not covered here, please get in touch or call 020 8449 8919.
Accountancy Services
Who do you prepare accounts for?
We prepare accounts for sole traders, partnerships and limited companies, including owner-managed businesses and contractors.
Can you help during the year and not just at year end?
Yes. We can provide monthly or quarterly financial information and a complete management accounting service.
Where are you based?
Our office is at 26 Station Road, New Barnet, EN5 1QW. We look after clients in Barnet, North London and across the UK.
Audit Services
Does my business need an audit?
It depends on your size, structure and any rules that apply to your sector. We can talk through your position and advise whether a statutory audit or an assurance review is the right fit.
What audit services do you offer?
Statutory audits, specialist audits such as solicitors rules and client money, assurance reviews and internal audit services.
Are you registered auditors?
Yes. Christopher Michael is a firm of Chartered Certified Accountants and Registered Auditors based in New Barnet.
Taxation
What taxes do you deal with?
We advise on corporation tax, personal tax, VAT, capital gains tax, inheritance tax, property tax and payroll.
Can you help if HMRC opens an enquiry?
Yes. We support clients through tax investigations and enquiries.
Do you prepare personal tax returns?
Yes. Personal tax returns and tax planning are part of our personal tax service.
Company Secretarial Services
Can you set up a new limited company for me?
Yes. Company formation is one of our company secretarial services.
Do you file with Companies House?
Yes. We prepare annual returns and handle Companies House submissions.
Can you help with share changes?
Yes. We deal with the allotment and transfer of shares and with alterations to share capital.
Contractors
Can you set up my limited company?
Yes. Forming your limited company is part of our getting started service for contractors.
Do you advise on IR35?
Yes. Please see our IR35 page or get in touch to talk through your contracts.
Will I deal with a partner?
Yes. We offer a partner led approach and assess your business needs at an initial meeting.
Outsourcing
What can I outsource?
Bookkeeping, management accounts and financial reporting, depending on what your business requires.
Is outsourcing cheaper than hiring?
Often it is. There are no recruitment or staff costs and you pay only for the services you use.
Can the service change as my business grows?
Yes. The service is tailored to your needs and can be adjusted as those needs change.
System Design and Review
What does a system review involve?
We look at how your accounting records, controls and reporting currently work and recommend practical improvements.
Can you help me move to cloud accounting?
Yes. Please see our cloud accounting service or get in touch to talk it through.