Online Outsource Accounting and Outsource Bookkeeping Services
. Coddan provides accounting, bookkeeping, taxes, controllership and payroll services to businesses nationally. We remove the headache and worry associated with your financial record keeping so that your team can regain their focus on growing the business.
The accounting process is one of the easiest business processes for a company to outsource. The effectiveness of the Internet makes having a back-office bookkeeper obsolete. If you are looking for ways to reduce overhead and focus on your core business, now is the perfect time to make the switch to outsourced accounting services. With offices and staff located in London, Coddan provides complete outsourced bookkeeping and accounting services to small businesses and franchises.
If you are a start-up company or need help setting up your QuickBook or Sage system and organising your accounting and bookkeeping records, we can help you. Without a good financial record keeping accounting system and setup, it may be hard for you to know the financial impact of a given course of action. With our expert advice on issues including VAT and Tax along with a huge range of services to offer, we are convinced that Coddan can satisfy all your business requirements and guide your business for future success.
Choose one of the following packages that will best serve you:
Further information
Services include; Accounting, Bookkeeping, PAYE & payroll, Sage accounts, Self Assessments, Small business and Start-Up advice, and VAT. Each client has individual needs and a package of services is put together specifically to meet that client's needs. As the owner or manager of a small business, you should be spending as much time as possible growing and managing your company, not dealing with administrative tasks such as bookkeeping and payroll. We offer these services at very reasonable cost, and the quality of our service is high. Moreover, we can offer a level of service that goes beyond ordinary bookkeeping because of our significant experience with accounting, banking, business, and finance. Most bookkeepers simply help you with accounts receivable, accounts payable, and payroll, but we can offer much, much more.
We can review your financial performance on a weekly, monthly, or quarterly basis, providing a level of feedback typically given by a controller or chief financial officer.
Depending on your situation, you might derive great value from discussing your financial results with us on a weekly, monthly, or quarterly basis. We will make every effort to alert you to potential future problems with cash flow, liquidity, and leverage. We will also make every effort to alert you to changes in trends related to sales, profit margins, and your industry.
BOOKKEEPERS keep complete, up-to-date, and accurate records of accounts and financial arrangements. Bookkeepers verify and enter information into journals and ledgers or into a computer.
They periodically balance the books and compile reports and financial statements. Bookkeepers also receive, record, bank and pay out cash. They balance checkbooks with monthly bank statements. They may calculate employee wages from plant records or time cards and issue payroll checks. ACCOUNTING CLERKS calculate, post and verify basic financial information used to produce and maintain financial and statistical documents. These type of jobs are found in every industry and may have various job titles, such as accounts payable clerk, accounts receivable clerk or assistant bookkeeper.
Some of the work they may do includes posting accounts receivable and payable, prepare and make bank deposits, record payrolls, maintain inventory records, purchase supplies, prepare purchase orders and do expense reports.
Accounting Clerks may also make schedules, sort documents, and file bills. AUDITING CLERKS review records to determine if the figures and calculations by other workers are accurate. They examine documents such as expense accounts, commissions payments, cash receipts, bank records, and inventory records. They compute percentages and totals and compare results to financial records. They also correct errors or note mistakes that need to be corrected. Bookkeeping, Accounting and Auditing Clerks operate 10-key calculators, typewriters, and copy machines. With more experience they operate computers programmed with accounting methods to record, store and analyze information. The work usually involves many common clerical responsibilities.
Workers sit for long periods of time and do math calculations, paying close attention to accuracy and detail. They may work extra hours during tax time and the end of the fiscal year. If they work in the hotel, restaurant, or sales related industries, they may work more during the holiday and vacation seasons.
Bookkeeping & Accounting: We can relieve you and your staff of an enormous burden by taking care of all your bookkeeping and accounting needs, including the preparation of your annual accounts.
You can choose as many of our services as you need. Here's what we offer:
Accounting
Debtor chasing and management
Supplier reconciliations and payments
Processing cheques paid and amounts received
Monthly bank reconciliations
Full annual accounts preparation and submission as necessary
Annual returns for limited companies
Filing accounts with Companies House
We are charging a £150.00 fee for Bookkeeping & Accounting (40 invoices per month)
Payroll
£ 80.00
Payroll: Administering your payroll can be time consuming and burdensome, diverting energy and resources from the core activities of your business.
We have dedicated staff who can relieve you of this burden by providing a comprehensive and confidential payroll service, including:
Customised payslips
Administration of PAYE, national insurance, statutory sick pay, statutory maternity pay, etc
Completion of statutory forms, including year end returns, to issue to your employees and submit to the Inland Revenue
Summaries and analyses of staff costs
Administration of pension schemes
Payroll reporting individually designed to suit the business needs
Preparation and submission of all year end reports
We are charging a £80.00 fee for Payroll preparation (5 Employees)
VAT Preparation
£ 70.00
VAT: Value added tax is one of the most complex and onerous tax regimes imposed on business - so complex that many businesses inadvertently overpay or underpay VAT.
We provide an efficient cost effective VAT service, which includes:
Assistance with VAT registration
Advice on VAT planning and administration
Use of the most appropriate scheme
VAT control and reconciliation
Help with completing VAT returns
Planning to minimise future problems with Customs and Excise
Negotiating with Customs and Excise in disputes and representing you at VAT tribunals
SFiling accounts with Companies House
We are charging a £70.00 fee for VAT Preparation (1-20 invoices per month)
BOOKKEEPING & ACCOUNTING. AUDIT & ACCOUNTING. BUSINESS PLANNING & ADVICE
Coddan is your one stop Accounting, Bookkeeping and Consultancy service for new and small-established growing businesses in England. We look after your paperwork whilst you concentrate on growing your business. We offer a complete bookkeeping service (computerised or manual) with preparation of VAT returns, when required. We have a reasonably priced computer payroll service - economical even for just one employee. Of course, full PAYE records are produced.
We can prepare annual accounts for tax and Companies House purposes as well as regular management accounts to provide you with up-to-date reviews of your business. Our aim is to provide you with information on timely basis in order for you to make your decision on your future business plans.
Coddan specialises in providing complete business service from production of financial accounts from raw data to sorting out all the business paperwork from basic accounting to any taxation or payroll related matter in an quick and efficient manner and provide small and growing businesses the backup it needs so that you as businessmen can concentrate on growing your business in the area you specialise in.
Our mission is to help the companies which have just been set up or established growing successful businesses. At Coddan we do our best to minimise the paperwork for you, sending you completed returns and documentation for your signature only. Running a business unfortunately involves completing a considerable amount of time-consuming paperwork.
Coddan however, offer a comprehensive range of bookkeeping services, setting you free from the grind of routine administration. If you are confident of your abilities, but not certain how to start, we will help by setting up your books correctly and by writing the first series of transactions. If you need ongoing help with bookkeeping we can offer either a manual or computerised service which can be carried out at your premises or alternatively at Coddan‘s own premises. Every month we will send you a detailed report on your company. The report will allow you to monitor how much money is owed to the authorities at the end of each month and how much money you have available to take from your company. Because this information is updated regularly it allows us to be in a position to offer you timely advice. If you have any questions please E-Mail or call us: 033 0808-0089 or +44 (0) 207.935.5171, fax: +44 207.504.3531.
UK LTD Companies from only £32.00! All Inclusive Company Registration. Each limited company package includes all statutory paperwork and is fully compliant with company law. All our private UK companies are general trading companies and can be used to conduct any type of business. A Certificate of Incorporation, and the Memorandum and Articles of Association of your company will be sent to you upon formation of your company. You can appoint your own directors and secretary BEFORE company incorporation. This is absolutely FREE. Our 4-8 hour online incorporation service enables you to register your company quickly and effortlessly. All government and filing fees are included in the cost of our E-Quick pack. All certificates and documents will be sent directly to you via email immediately following the formation of your company. It will take just 5 minutes to complete the online registration form, then your company could be up and running within 4-8 working hours.
THE E-QUICK PACKAGE CAN BE UPGRADED WITH ANY OF THE FOLLOWING FEATURES:
1. Company Pliers Seal - £20.00. 2. Laminated Hard-copy of the Certificate of Incorporation - £5.95. 3. Laminated Hard-copy of the Certificate of Incorporation, Bound Copies of the Memorandum & Articles, and Combined Company Register - £12.95. 4. Domain Name Registration for two years - £16.00. 3. Provision of a Registered Office Address for 12 months - £50.00. 4. Provision of a Nominee Company Secretary for 12 months - £49.95. 7. Certificate of Good Standing - £35.00. 8. Notarisation & Apostille of Documents.
Whether yours is a new or a mature business, ensuring that you have the necessary finance is essential for achieving your objectives. Indeed, one of the most common causes of business failure is badly structured or inadequate financing. We can help you:
Conduct a feasibility study of your projects Decide on the most suitable sources of finance - personal capital, bank overdraft, long-term commercial loans and mortgages, national and regional agencies, venture capital, or equity capital Prepare the necessary business plan, forecasts, prospectuses, etc. Present your proposals to your chosen finance source Arrange a disposal, merger/acquisition, or management buyout/in Our expertise and contacts will help you open doors that may otherwise have remained closed for you.
Bookkeeping & Accounting: We can relieve you and your staff of an enormous burden by taking care of all your bookkeeping and accounting needs, including the preparation of your annual accounts. Our first step is to work with you so we can gain a full understanding of your business. We then tailor our approach to your requirements so we can provide exactly the service you need. Besides your core bookkeeping, we can also maintain your VAT records, prepare and audit your group pension fund, and take on short-term projects to relieve your staff of any temporary overload. But perhaps the most important part of this service is the preparation of management accounts. These are vital to the continued success of your business. We discuss your requirements with you and provide you with tailored information and constructive advice on a regular basis.
International Services: No man is an island; and these days few businesses are. Rapid globalisation, the growing importance of the EU, and the burgeoning growth of the Internet as a business medium are all conspiring to add an international dimension to UK businesses. Trading with overseas companies, selling to overseas markets, and setting up overseas operations all require expert knowledge. We can help you:
Set up accounting procedures for dealing with the euro or other currencies Determine the best business structure for tax purposes Reduce your overseas tax burden Develop strategies for financing overseas subsidiaries Repatriate profits at minimum tax cost.
Documents required for opening an Coddan bookkeeping account:
Areas of Your business and turnover description Attach photocopies of the passport of each Director and Shareholder (pages showing passport details) Affix one photograph for each of the bookkeeping account holders, with their names written behind the photograph If you are a UK or EU person, mention your Social Security Number/ Tax ID Number Please attach a copy of one of the following: Social Security Card/local government issued identity card/ local driving license/ statement of local bank account/ check drawn on local bank account/ a utility bill (the address in last three documents must match the address given in the account opening application) Please attach a copy of Certificate of Good Standing with Directors, Secretary, Shareholders and your registered and business address details.
Payroll: Administering your payroll can be time consuming and burdensome, diverting energy and resources from the core activities of your business. And the task is made all the more difficult by the growing complexity of taxation and employment legislation and the accompanying regime of penalties for non-compliance. We have dedicated staff who can relieve you of this burden by providing a comprehensive and confidential payroll service, including:
Customised payslips Administration of PAYE, national insurance, statutory sick pay, statutory maternity pay, etc. Completion of statutory forms, including year end returns, to issue to your employees and submit to the Inland Revenue Summaries and analyses of staff costs Administration of incentive schemes, bonuses, and ex-gratia and termination payments Administration of pension schemes
Even if you have only a few employees, you will make savings by engaging us to administer your payroll.
Strategic Planning: Everyone knows that a successful business must plan ahead, but all too often the pressures of keeping the business going on a daily basis mean that strategic planning is not given the attention it needs. The result is often rushed judgements, over- or under-capacity, or missed opportunities. Every business owner needs a planning adviser who has the time and space to take the long view and advise on appropriate courses of action before it is too late. With years of experience advising the local business community we have a wealth of experience and expertise for you to draw on. Contact us today for a planning review.
Audit Services: Though business owners traditionally regard the annual audit and preparation of annual accounts as a cost centre - a necessary evil that adds no value to the business - we strive to transform it into a profit centre. Besides helping you meet the statutory requirements, we also take the opportunity to conduct a review of your financial and management systems. This can often result in our identifying potential problem areas and recommending opportunities to improve your business performance. We discuss the problems and opportunities with you and help you implement any agreed solutions. We see the preparation of your annual report as an opportunity to enhance your external image. A well-prepared report can have a considerable positive impact on the perceptions of investors, potential finance sources, customers, prospect, referral sources, and even your own staff - all of which greatly improves your business prospects for the future.
Corporate Tax Planning : Corporation tax represents a substantial part of your trading costs. Moreover, the increased reporting obligations, robust investigation policies on the part of the tax authorities, and harsher penalties for non-compliance mean that an undue amount of your time and resources can be taken up collecting revenue for the Government. We offer a range of services to help you minimise your corporate tax exposure and relieve you of the administrative burden of complying with tax legislation. These include:
Determining the most tax effective structure for your business Taking full advantage of tax opportunities and reliefs Achieving the optimum capital or revenue tax treatment Reducing tax on disposals and maximising relief on acquisitions Making the most of tax opportunities specific to your industry Meeting the rigorous demands of compliance including corporation tax self assessment Acting on your behalf in discussions with the tax authorities Efficient corporate tax planning can result in potentially significant improvements in your bottom line.
VAT: Value added tax is one of the most complex and onerous tax regimes imposed on business - so complex that many businesses inadvertently overpay or underpay VAT. The ever widening scope of VAT, the constant stream of detailed changes to the regulations, and the ever growing demands of Customs and Excise call for a trained professional eye to ensure that you do not fall foul of the regulations and do not pay the Exchequer more than you need to! We provide an efficient cost effective VAT service, which includes:
Our Service
We provide a fast online service for company registration, LTD company formation, and business incorporation in England, Wales and Scotland. When first setting-up a business there are many issues to consider. You need to decide whether or not to incorporate your business, and to choose a structure for your business. There are several types of legal business entities which you can choose to operate as. For more information on these choices, follow the links below. We advise that professional legal and financial advice is obtained before a final choice of business entity is made.
Coddan is a leading service provider in the field of English, Scottish and Irish company formation and company registration. We can help you in starting a business in England & Wales Scotland and Northern Ireland. Over 95% of our companies are incorporated within 6 hours. The electronic submission of information enables a fast company start-up satisfying all of the required legal formalities: a director, a secretary, a registered office and shareholders. Our electronic filing software has been approved by Companies House.
Related Articles
Assistance with VAT registration Advice on VAT planning and administration Use of the most appropriate scheme VAT control and reconciliation Help with completing VAT returns Planning to minimise future problems with Customs and Excise Negotiating with Customs and Excise in disputes and representing you at VAT tribunals.
Estate Planning: Few of us like to think about dying, but equally few of us could live with the thought that we have not made adequate provision for family and friends who survive us. The legislation that governs passing on your estate to your chosen beneficiaries requires you to plan well in advance. Since none of us knows when we shall die, this means making the necessary provisions now. The earlier you make the arrangements, the greater your chance of taking full advantage of the tax opportunities available and thereby maximising the amount that goes to your beneficiaries. Nothing is more demoralising than the thought that a substantial slice of the wealth you have worked hard to accumulate will end up in the Government's coffers! It is equally important when planning to transfer your estate that you make adequate provision for yourself and your spouse in your later years. Striking this balance calls for considerable skill and foresight - and a detailed knowledge of the tax regime. We provide a discrete estate planning service that includes:
Help with drawing up and reviewing your will Making full use of exemptions and lower tax rates on lifetime transfers Optimising lifetime transfers between spouses Transferring agricultural or business property Transferring assets into trust Arranging adequate life assurance to cover potential inheritance tax liabilities.
We strongly advise you to begin your estate planning right away by contacting us for a preliminary review.
Trusts & Executorships: Trusts can sometimes help you to eliminate unnecessary tax charges and still keep the maximum possible part of your family's wealth. Maybe you'd like to transfer part of your wealth to a family member but still retain control. Our specialists can set up trusts and take care of all the administration. We can advise on the most suitable type of trust for your purposes, set up trusts, and provide a full range of accounting services for trusts. We can also advise you on the preparation of your will. Where appropriate, we can act as trustees or executors.
We can also advise on overseas trusts, making full use of our close connections with specialists in low tax territories.
Inheritance tax can take a large bite out of your family's wealth, which can sometimes result in your family home or business having to be sold. We can help you arrange your financial affairs to limit its effects. In fact, early planning can often result in substantial tax savings. We are also happy to work with your solicitors in deciding how your will might be drafted, leaving your family with the maximum assets and the lowest possible tax. We can act as executors or trustees and our trust department undertakes estate administration.
Due Diligence: If you're considering buying a business, you need all the information you can get. Not only do you want to make sure you're not buying a lemon, but you also need to fully understand the business - especially if the future financial health of the rest of your organisation depends on the projected performance of the new purchase.
Our transaction support team has prepared due diligence reports on companies ranging from small family enterprises to major multinationals. Our investigations are designed specifically to meet your needs and our attention will be focused on the areas you are most concerned about. But the real advantage of commissioning investigative reports from a multi-disciplinary firm such as ours is that we can integrate the very best taxation advice with the purchase, giving you a distinct advantage in a critical situation.
Documents Required for Opening Bookkeeping Account:
Areas of your business and turnover description Attach photocopies of the passport of each Director and Shareholder (pages showing passport details) Affix one photograph for each of the bookkeeping account holders, with their names written behind the photograph If you are a UK or EU person, mention your National Insurance Number Please attach a copy of one of the following: Social Security Card/local government issued identity card/ local driving license/ statement of local bank account/ check drawn on local bank account/ a utility bill (the address in last three documents must match the address given in the account opening application) Please attach a copy of Certificate of Good Standing with Directors, Secretary, Shareholders and your registered and business address details.
Check Your Order Status
£ 150.00
Bookkeeping & Accounting: We can relieve you and your staff of an enormous burden by taking care of all your bookkeeping and accounting needs, including the preparation of your annual accounts.
You can choose as many of our services as you need. Here's what we offer:
+44 (0) 207.935.5171 
+44 (0) 141.530.8188 
+44 (0) 289.099.8744 
Conduct a feasibility study of your projects
