BrooksCity

Not hearing from an accountant until the tax deadline is the experience this London firm says it sets out to avoid. BrooksCity is a firm of chartered accountants that works with businesses from new start-ups to established multi-million pound companies, and each client is given a dedicated accountant who first learns about the business and then stays in touch through the year.

Compliance and tax

The firm's baseline services are the ones a company needs every year: preparing accounts, dealing with HMRC and Companies House on the client's behalf, and working out profits, the tax due and when it must be paid. It also supports Making Tax Digital VAT compliance, and advice on business and tax matters is meant to support growth, not only to meet filing dates.

Finance support for growing companies

For ambitious businesses the firm offers an outsourced finance director, cash flow forecasts, management accounts and ongoing financial monitoring. Together these give a client a live view of business performance, a clear picture of liabilities and when they fall due, and an understanding of what profit can be taken out. Bookkeeping can also be handed over entirely or only in part, easing the workload when needed.

Technology instead of shoeboxes

BrooksCity works with the cloud accounting platforms Xero and QuickBooks, and it presents software as something that should fit the way the client works. Direct bank feeds remove the need to send statements, takings from EPoS tills can be synchronised to track sales, and an online portal gives access to up-to-date accounts and tax information from any device.

How it charges and supports

Fees are fixed, and the firm states that its services carry a full money-back guarantee, which it describes as unusual among accountancy firms. Every package includes unlimited support by phone, email or in person. Staff follow an in-house continuing education programme to keep pace with tax legislation.