London 1st has over 10 years experience in providing specialist advice and accounting services to contractors and small businesses.

Whether you are experienced or a first time contractor our personal consultation helps you make the right decision on your accounting structure and select from our range of services the level of support you require for the price you want to pay.

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Summary of Services

For all our services you will be provided with your own online accounting and bookkeeping software. The software gives you a firm base to run your affairs, allowing you to choose how much bookkeeping, accounting and compliance you want to shoulder and what you want to outsource to us. This enables us to deliver two types of excellent services, tailored according to your needs. Find out more about our online software.

PACKAGE SUMMARY

ASS PREMIUM

BSS GOLD

Support Requiment

Low

High

Level of Contractor Experience

Experienced

Inexperienced

Price (Per month) Excl. VAT £95 £125
Free 24/7 Online and Bookkeeping and Accounting Software    
Personal consultant    
Daily bank reconciliation  X  
Dealing with Companies House and HMRC Correspondence    
Vat Return Completion (inc. Flat rate)*    
Personal tax return    
Personal Tax Planning and Monitoring  X  
PAYE Returns    
Year-End Accounts    
Annual Shuttle Return    
Accounting References for visa/mortgage/tenancy **  X  X
Profit & Loss completed every day, viewable online    

* Does not include VAT registration.

** Prices available upon request for all references.

 

 

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Accounting Support Service

This is our most popular service, where you submit all your information to us using our user-friendly online accounting software. Dependant on the number of weekly expenses, we estimate that this will only take 30 minutes of your time. We will do all the difficult accounting calculations and company returns, update your accounts on the same day and email you a detailed financial report so you know exactly how much you can pay yourself and what your liabilities are.

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Business Support Service

Our Business Support Service goes beyond any other service offering in the market. The BSS service gives you full support on bookkeeping, accounting and compliance so that you will not have to worry about doing much except using the software for invoicing, recording your expenses and making company payments. We do all the rest for you and you have unlimited access to your personal consultant if you need help.

Click here for more detail about this service.
 

 

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What Do You Need?

London 1st leads the way in providing expert advice, exceptional customer service and bespoke accounting software to the contractor and small business markets. We provide on-going accounting, payroll, bookkeeping, compliance and tax services and support for contractors as well as small and medium sized businesses across the UK.

We have over 10 years’ experience, with helping people get into business and remaining compliant. Our services are utilised by small and medium size business, contractors, self-employed, land and property owners, workers in the construction industry scheme (CIS) and individuals.

Our online accounting system has been designed to give you a bookkeeping facility for entering invoices and expenses, as well as 24-hour access to vital company information. This will enable you to have ultimate control and access to information on your company position whenever you need it.

Loyalty Rewards

At London 1st we value our clients for their Loyalty and reward them regularly.

1. Referrals

Whether the individuals are new to contracting or merely switching accountants, we offer a 10% discount on our monthly fees for each referral to London 1st. Please note that the discount only applies where the individuals referred has signed the set-up form listing your name as the referrer and once we have received the first full monthly accounting fee. This discount will be applied for the duration of your referrals contract with London 1st and will cease upon receipt of the last full monthly accounting fee.

2. Dormant Service

Where one calendar months’ notice has been provided, London 1st will allow our existing clients’ the opportunity to request our “Dormant Service”. In doing so, your fees will reduce to £20 Plus VAT per month whilst you are travelling or merely taking a break between contracts. London 1st will ensure that your business remains compliant and all statutory filing/payment deadlines are met giving you peace of mind.

 

 

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Business Support Service Details



The fixed fee of £125 + Vat per month includes all of the following:

  • 24/7 Online Bookkeeping and accounting software with invoice processing, P & L and balance sheet reporting with drill down into detailed ledgers. All company information such as past financial statements stored in one place.
  • Your accounts are kept up to date on a daily basis. We will keep track of what income and expenses are paid into and out of your bank account, so you can log in at any time and see what invoices are paid/unpaid, what taxes you owe and what dividends can safely be paid without overdrawing all with the reassurance that your accounts reflect the cash at bank – day or night.
  • We will email you as soon as there is a change in your accounts, sending you a summary of your updated company accounts
  • You can contact your own personal consultant who knows your company accounts and is ready to assist you with all the support you require.
  • We will continually monitor and help plan your tax so that you maximise your earnings and warn you when you may be entering higher levels of tax.
  • We will deal with all Companies House and HMRC correspondence pertaining to your limited company
  • Complete company annual returns
  • Complete PAYE returns
  • Complete your personal tax return
  • We advise on salary and dividend payment each time an invoice is paid into the company account.
  • Calculate the taxes you will need to pay and account for a provision for    these liabilities - provided you follow the guidance we provide, you should have no nasty surprises when your tax bill comes.
  • Unlimited specialist advice and help at no extra cost
  • Year- end accounts
  • Cessation accounts and company closure if required*


What we need from you:

  • Enter Invoice and Expense information, via online software
  • Signing and returning all necessary HMRC and Companies House documents provided by London 1st by the due date;
  • Forwarding copies of all official correspondence,


     Notifying London 1st of any change to personal circumstances, for example a change of name or postal address

     Notifying London 1st of any holidays or extended periods where our services will not be required.*

     Make payments, based on your company position and reports that we produce and calculate under your instruction.

*    Please note that fees will be charged for services on a monthly basis regardless of whether you invoice. If you are aware of extended periods away from work please contact us and we can discuss our £20 per month dormancy fee.



The fixed fee of £125 + Vat per month includes all of the following:

     24/7 Online Bookkeeping and accounting software with invoice processing, P & L and balance sheet reporting with drill down into detailed ledgers. All company information such as past financial statements stored in one place.

     Your accounts are kept up to date on a daily basis. We will keep track of what income and expenses are paid into and out of your bank account, so you can log in at any time and see what invoices are paid/unpaid, what taxes you owe and what dividends can safely be paid without overdrawing all with the reassurance that your accounts reflect the cash at bank – day or night.

     We will email you as soon as there is a change in your accounts, sending you a summary of your updated company accounts

     You can contact your own personal consultant who knows your company accounts and is ready to assist you with all the support you require.

     We will continually monitor and help plan your tax so that you maximise your earnings and warn you when you may be entering higher levels of tax.

     We will deal with all Companies House and HMRC correspondence pertaining to your limited company

     Complete company annual returns

     Complete PAYE returns

     Complete your personal tax return

     We advise on salary and dividend payment each time an invoice is paid into the company account.

     Calculate the taxes you will need to pay and account for a provision for    these liabilities - provided you follow the guidance we provide, you should have no nasty surprises when your tax bill comes.

     Unlimited specialist advice and help at no extra cost

     Year- end accounts

     Cessation accounts and company closure if required*




What we need from you:

        Enter Invoice and Expense information, via online software

        Signing and returning all necessary HMRC and Companies House documents provided by London 1st by the due date;

        Forwarding copies of all official correspondence,

     Notifying London 1st of any change to personal circumstances, for example a change of name or postal address

     Notifying London 1st of any holidays or extended periods where our services will not be required.*

     Make payments, based on your company position and reports that we produce and calculate under your instruction.

*    Please note that fees will be charged for services on a monthly basis regardless of whether you invoice. If you are aware of extended periods away from work please contact us and we can discuss our £20 per month dormancy fee.

 

 

The BSS service gives you full support on bookkeeping, accounting and compliance so that you will not have to worry about doing much except using the software for invoicing, recording your expenses and making company payments. We do all the rest for you and you have unlimited access to your personal consultant if you need help.

Click here for more detail about this service.


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LONDON 1ST

 

LONDON 1ST CHARTERED ACCOUNTANTS & BUSINESS ADVISERS

70 NORTH END ROAD

LONDON

W14 9EP

 

0207 471 9330 | SALES@LONDON-1ST.CO.UK

 

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LONDON 1ST

LONDON 1ST CHARTERED ACCOUNTANTS & BUSINESS ADVISERS

70 NORTH END ROAD

LONDON

W14 9EP

0207 471 9330 | SALES@LONDON-1ST.CO.UK

 

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