Services
Bookkeeping
Recording financial transactions, which include sales, purchases, expenses, and receipts. Keeping compliancy with Accrual and Cash accounting methods.
VAT
Filing, categorising and classification of your VAT transactions, ensuring that the business's VAT filings adhere to the latest rules and regulations.
Year End Accounts
Preparation of Year End Accounts for Micro-Entities & Sole Traders. Giving your business the most accurate financial information it needs to grow.
ABOUT
Ex-Military Experts
Barry & Wright is a small, veteran-run licensed bookkeeping and accounts firm, specialising in Micro-Entity Companies, Small Business Companies and Sole Traders.
At Barry & Wright, our mission is clear: to empower your business with the financial insights and support you need to thrive. We understand that every business is unique, that's why we tailor our services to match your needs and goals. With a meticulous approach and a deep understanding of industry practices, we help you navigate the complex world of financial management, ensuring accuracy, compliance, and sustainable growth.
We offer discounts to ex-service limited companies and sole traders. To find out more, please contact us.
Why a bookkeeper?
Cost Efficient
All businesses must hold financial records for all transactions involved. Bookkeepers generally have lower hourly rates compared to accountants and our services can lower your annual accounting fees. If you're looking for basic financial management, such as categorizing expenses, and generating reports or quarterly VAT filing, a bookkeeper can often provide these services at a more affordable rate.
Specialised Expertise
While accountants provide a broader range of financial services, bookkeepers specialise in maintaining accurate, legal financial records. They are skilled at organizing and categorizing transactions, ensuring compliance with tax regulations, and generating financial reports that can provide valuable insights into the financial health of a business.
Scalability
For small businesses or individuals who are just starting out, a bookkeeper can offer the right level of support without the need for complex financial strategies that accountants might provide. As the business grows, it's always possible to reassess and determine whether additional accounting services are needed.
Bookkeepers vs Accountants
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Day-to-Day Bookkeeping
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Preparation & Filing of VAT Returns
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Accurate regulatory Record-Keeping
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Reconcile Bank Accounts
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Prepare Final Year-End Accounts
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Manage Credit-Control and Invoicing
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Bookkeepers
Bookkeepers are the financial foundation of your business. Bookkeepers will often offer better rates than an accountant and reduce your business' dependency. Hiring a bookkeeper can be a great option for your small business.
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Filing Corporation Tax Returns
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Filing Self-Assessment Tax Returns
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Performs Regulatory Audits
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Advises on Complex Tax Issues
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Analyses and Forecasts Cashflow
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Prepares Management Accounts
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Accountants
All Accountants need bookkeepers. Sometimes, they may even outsource their work and charge a premium for an all-in-one service. An accountant is more equipped to help your business grow and advise you on complex tax queries.
Get in Touch
(Lines open 1000-1700 Mon-Fri)
(We aim to get back to you by the next business day)
Pricing
A rough guide on what to expect (Ex-VAT)