About Business Additions
Now in our eigth year of trading independently as Business Additions Ltd, we are a husband, wife and daughter-in-law team based in the centre of Farnham in Surrey, UK. Pauline and Kevin Connolly are Company Directors and Claire Connolly is a qualified Accounts Technician (Member of the Association of Accounting Technicians).
Pauline has over 25 years of practical business, administrative and accountancy experience from a range of commercial backgrounds, Kevin has over 25 years of business and project management experience and Claire has her first year of academic training and a number of practical client contracts under her belt.
Magda, our Accounts Assistant and Heidi, our Admin Assistant joined the team in 2008 and provide valuable support services to our clients.
What we do
As a small family business ourselves we specialise in providing a wide range of business, administration and accountancy services to small to medium sized businesses. Our clients range from sole traders with a small turnover to multi-companies with up to £10 million turnover, each having unique business solutions to meet their requirements.
Some companies ask us to handle specific areas on a regular basis whilst others outsource their entire business and accountancy operation. Other clients ask us to undertake maternity cover or temporary contracts. Whatever your needs we are here to help.
Our services include:
Administration / secretarial
- Production of timesheet information
- Raising of sales invoices
- Typing / word processing
- Telephone answering service
- Cargo insurance renewal and declarations
- Credit insurance renewal
- Import and Export procedures
- Treasury/currency dealing
Payroll
- Weekly or monthly payroll processing using Sage software
- Monthly payments to the Inland Revenue
- Production of P45's
- Completion of statutory year-end forms
Book-keeping
- Online banking
- Nominal ledger
- Sales ledger
- Purchase ledger
- Cash book
- Bank reconcilliation
- VAT returns
Credit Control
- Cashflow assistance - now more crucial than ever to keep on top of your finances and cashflow during the recession
Stock control
- Keep track of your stock and keep it up to date
Full management accounts
- Production of monthly profit and loss account balance sheets
- Preparation of annual accounts
- Regular reviews and reporting
- Ongoing reviews of bank accounts and cash flow status, highlighting any potential problems
Business set up and configuration
- Setting up a new business (limited companies, limited liability partnerships or partnerships)
- Companies House - completion of annual returns, change of Directors/Secretary and change of registered office forms
- VAT - application for VAT registration
- PAYE - application to the Inland Revenue for PAYE registration
- Outside services - introduction to Accountants, Bank Managers and Auditors
Traning
- SAGE training: assistance with Sage Set up, use and report design
Full Outsourcing Service
- To save money on the cost of running an accounts department in-house you can outsource the entire operation to us. That will save you all the costs like having to buy computers, printers, and consumables, recruit staff, pay Employers National Insurance, pay holiday or sick pay, and so on, and yet have cover from 9am to 5.30pm Monday to Friday and only pay for the time you need us!
What we charge
Despite over 25 years of practical accounting experience we're not professionally accredited accountants so we don't charge the high fees which accountants can command to do the same kind of work. Instead, we can undertake most ongoing financial and administrative processes for organisations which accountants then sign off formally at the end of the tax year. This means you pay less overall for vital business services.
Our hourly rate depends upon the nature of the work being undertaken but normally ranges from £10 - £25 per hour. More routine administrative tasks levy lower fees and more complex business and financial processes command higher fees. Our pricing structure is always based on knowing what's involved and what our clients need.
Our pledge to you
We value your business and take pride in offering quality services to clients which improve their business performance and turnover.
We offer personable, dedicated time to your business, financial and administration needs. Professionalism, confidentiality, integrity, reliability and customer service underpin everything we do, as does regular communication; keeping you up to date with everything you need to know to ensure continued business success.
We offer all prospective clients a free consultation meeting - with no obligation - to talk through requirements and how we can address them. We are happy to meet in the evenings or at weekends if this is more convenient for you. Contact us to arrange a meeting.
