Shropshirebookkeeping.co.uk Reviews

Based on looking at the website, Shropshirebookkeeping.co.uk appears to be a legitimate and professional accounting and bookkeeping service primarily serving the Shropshire area but capable of working with clients across the UK, both online and offline.

The site highlights a range of services aimed at businesses, contractors, and sole traders, emphasizing a friendly, reliable, and trustworthy approach.

It seems to offer a comprehensive suite of financial management solutions, from basic bookkeeping to more complex VAT returns, payroll, credit control, and even specialized training for accounting software like QuickBooks.

This focus on providing essential financial support to businesses is a positive sign, as it helps individuals manage their affairs responsibly and transparently.

Managing one’s finances effectively is a cornerstone of responsible living, and seeking professional assistance for bookkeeping and accounting can be a wise decision for businesses.

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Such services help maintain accurate records, ensure compliance with tax regulations, and provide clarity on financial performance, all of which are crucial for sustainable growth.

In a world where financial dealings can often become convoluted, having a clear and organized system is not just about avoiding penalties.

It’s about fostering peace of mind and making informed decisions.

For those running businesses, the time saved by delegating these tasks can be reinvested into core operations or, importantly, into quality time with family, which is a significant blessing.

Find detailed reviews on Trustpilot, Reddit, and BBB.org, for software products you can also check Producthunt.

IMPORTANT: We have not personally tested this company’s services. This review is based solely on information provided by the company on their website. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.

Shropshirebookkeeping.co.uk Review & First Look

Upon an initial review of Shropshirebookkeeping.co.uk, the website presents itself as a straightforward and functional online presence for LW Accountancy & Bookkeeping.

The design is clean, prioritizing information accessibility over flashy aesthetics.

The site clearly outlines its offerings, contact methods, and a brief “About Us” section, indicating a direct approach to client engagement.

Website Layout and User Experience

The layout of Shropshirebookkeeping.co.uk is intuitive, employing a standard navigation bar at the top that includes “Home,” “Contact Us,” “About Us,” “Privacy Policy,” and “Blog.” This familiar structure makes it easy for visitors to find key information.

The use of clear headings and concise paragraphs helps break down the services offered.

• Navigation: Simple and effective, allowing users to quickly jump between main sections.
• Readability: Text is well-sized and contrasted against the background, ensuring good readability.
• Mobile Responsiveness: While not explicitly tested, a modern website should ideally be responsive across various devices.
• Call-to-Action: Clear phone numbers and email addresses are prominently displayed, encouraging immediate contact.

Initial Impressions of Professionalism

The website projects an image of professional reliability.

The claim of being an “AAT Licensed Accountant & Bookkeeper” is a significant credential, as the Association of Accounting Technicians AAT is a recognized professional body in the UK.

This accreditation suggests that the services provided adhere to established industry standards and ethical guidelines.

• Accreditation: Highlighted AAT licensing instills confidence in potential clients.
• Contact Information: Multiple contact options two phone numbers and an email are readily available.
• Client Testimonials: A small section with two brief testimonials adds a touch of credibility, though more extensive reviews would further strengthen this.

Transparency and Information Clarity

Shropshirebookkeeping.co.uk does a commendable job of being transparent about its services.

Each service, such as “Bookkeeping,” “VAT Returns Help & Management,” and “Payroll & CIS,” has a dedicated “View more” link, implying more detailed information is available, though these often lead to the same section on the homepage rather than separate pages.

This could be improved by providing dedicated pages for each service for more in-depth explanations.

• Service Descriptions: Each service is briefly described, providing a good overview of what’s offered.
• Pricing: Pricing is mentioned as an “hourly rate” for bookkeeping, with the caveat that it depends on “volume of transactions.” For other services, it’s a “personal quotation,” which is standard practice in accounting.
• Legal Information: A “Privacy Policy” link is present, which is essential for data protection and transparency.

Shropshirebookkeeping.co.uk Features

Shropshirebookkeeping.co.uk offers a range of core accounting and bookkeeping features designed to support small to medium-sized businesses, sole traders, and contractors.

The focus is on providing practical, time-saving solutions that allow business owners to concentrate on their primary activities rather than administrative financial tasks.

Comprehensive Bookkeeping Services

The cornerstone of LW Accountancy & Bookkeeping’s offerings is its flexible bookkeeping service.

They understand that different businesses have varying needs, which is why they offer weekly, monthly, or quarterly options.

This adaptability is crucial for businesses with fluctuating transaction volumes.

• Flexible Scheduling: Offers weekly, monthly, or quarterly bookkeeping based on client needs.
• Volume-Based Charging: Clients are charged by the volume of transactions, ensuring fairness and cost-effectiveness.
• Detailed Record Keeping: Ensures all financial transactions are accurately recorded and categorized.
• Bank Reconciliation: Helps align bank statements with internal records, identifying discrepancies.
• Expense Management: Tracks and categorizes business expenses for tax purposes.

VAT Returns Help & Management

Navigating Value Added Tax VAT can be complex for many businesses.

Shropshirebookkeeping.co.uk provides a complete VAT service, from initial registration to online submission, aiming to simplify this often-daunting process for their clients.

• VAT Registration: Assistance with registering for VAT with HMRC.
• VAT Return Preparation: Accurate calculation and preparation of VAT returns.
• Online Submission: Ensures timely submission of VAT returns to HMRC, avoiding penalties.
• Compliance Assurance: Helps businesses remain compliant with current VAT regulations.
• Advisory Services: Provides guidance on VAT schemes and best practices.

Credit Control at LW Accountancy

Chasing unpaid invoices can be a significant drain on a business owner’s time and resources.

The credit control service offered aims to improve cash flow by proactively managing outstanding debts.

This feature can be particularly valuable for businesses struggling with late payments.

• Invoice Chasing: Professional follow-up on overdue invoices.
• Debtor Management: Systematic approach to managing customer accounts receivable.
• Cash Flow Improvement: Helps reduce outstanding debts and improve business liquidity.
• Customized Strategies: Tailored approaches to suit the client’s relationship with their customers.
• Reporting: Provides updates on the status of outstanding invoices.

Payroll & CIS Management

Accurate and timely payroll is essential for employee satisfaction and legal compliance.

Shropshirebookkeeping.co.uk handles all aspects of payroll, including payslips, reporting, and ensuring correct payments.

They also cater to the Construction Industry Scheme CIS, which is vital for contractors in that sector.

• Payroll Processing: Calculation of wages, deductions, and net pay.
• Payslip Generation: Provides employees with clear and detailed payslips.
• HMRC Reporting: Submission of necessary payroll information to HMRC.
• CIS Returns: Specific expertise in managing Construction Industry Scheme submissions.
• Employee Payment Management: Ensures employees are paid correctly and on schedule.

Support for Sole Traders & Partnerships

Many small businesses operate as sole traders or partnerships, and they often require specialized financial support.

LW Accountancy & Bookkeeping offers services tailored to these structures, focusing on keeping financial reports up-to-date and preparing for self-assessment.

• Financial Report Updates: Regular updating of financial records for sole traders and partnerships.
• Monthly Reporting: Provides insights into financial performance through monthly reports.
• Self-Assessment Preparation: Assists in gathering and organizing information for individual tax returns.
• Expense Tracking: Helps identify deductible expenses to optimize tax outcomes.
• Profit & Loss Statements: Preparation of statements to show business profitability.

Limited Company Accounts

For limited companies, the accounting requirements are more complex, necessitating submission to both HMRC and Companies House.

Shropshirebookkeeping.co.uk prepares and files these accounts in accordance with accounting standards, ensuring compliance and accuracy.

• Statutory Accounts Preparation: Preparation of annual accounts compliant with UK accounting standards.
• HMRC Submission: Filing of corporation tax returns with Her Majesty’s Revenue and Customs.
• Companies House Filing: Submission of required documents to Companies House.
• Compliance Guidance: Advises on legal and regulatory requirements for limited companies.
• Year-End Procedures: Manages the entire year-end accounting process.

Quickbooks Training & ProAdvisor Status

A significant advantage highlighted on the website is their status as a “certified advanced pro advisor for Quickbooks.” This means they can offer specialized training to businesses, whether they are just starting out with QuickBooks or transitioning from another accounting software.

This hands-on training empowers clients to manage their own finances more effectively if they choose to.

• Certified ProAdvisor: Recognized expertise in QuickBooks accounting software.
• Tailored Training: Customized training sessions to meet specific business needs.
• Software Transition Support: Assistance for businesses switching from other accounting packages.
• User Empowerment: Helps clients understand and utilize QuickBooks for their own bookkeeping.
• Troubleshooting & Support: Provides ongoing assistance with QuickBooks queries.

Shropshirebookkeeping.co.uk Pros & Cons

When considering any professional service, it’s important to weigh the advantages against any potential drawbacks.

Shropshirebookkeeping.co.uk, based on its website presentation, offers a number of compelling benefits, but also has areas where it could potentially enhance its offering or clarity.

Pros: The Upsides of Working with LW Accountancy & Bookkeeping

The website highlights several strong points that make LW Accountancy & Bookkeeping an attractive option for businesses seeking financial support.

These benefits primarily revolve around professionalism, convenience, and tailored service.

• Accredited Professionalism: Being an AAT Licensed Accountant & Bookkeeper is a significant plus. This accreditation demonstrates a commitment to professional standards and ongoing competency, assuring clients of a qualified service.
  • Trust and Credibility: AAT licensing provides a layer of trust that unregistered bookkeepers cannot offer.
  • Regulatory Compliance: Indicates adherence to professional guidelines and ethical conduct.
  • Knowledge Base: Suggests up-to-date knowledge of accounting principles and regulations.
• Comprehensive Service Range: From basic bookkeeping to VAT, payroll, credit control, and specific support for various business structures sole traders, partnerships, limited companies, they cover a broad spectrum of financial needs. This makes them a potential one-stop-shop for many small to medium-sized businesses.
  • Holistic Approach: Clients can consolidate their accounting needs with one provider.
  • Scalability: Services can adapt as a business grows and its financial needs evolve.
  • Time-Saving: Business owners save time by not having to coordinate with multiple financial service providers.
• QuickBooks Expertise: Their status as a “certified advanced pro advisor for QuickBooks” is a major advantage, especially given QuickBooks’ popularity. This allows them to offer expert training and support, empowering clients to manage their own finances or work seamlessly with the software.
  • Software Integration: Efficiently works with a widely used accounting platform.
  • Client Empowerment: Offers training for clients who wish to be more hands-on.
  • Problem Solving: Can troubleshoot software issues and optimize its use.
• Flexible Service Model: The offering of bookkeeping on a weekly, monthly, or quarterly basis, charged by transaction volume, provides flexibility and cost-effectiveness. This means businesses only pay for the services they truly need.
  • Cost Efficiency: Avoids unnecessary fixed fees for businesses with varying transaction volumes.
  • Customizable Schedules: Adapts to the client’s business cycle and reporting needs.
  • Budget Control: Helps businesses manage their accounting expenses more predictably.
• Local and Remote Capability: While based in Shropshire, the ability to work “on and offline all over the UK” expands their reach and accessibility, catering to a wider client base.
  • Geographic Flexibility: Not limited to local clients, enhancing potential client pool.
  • Hybrid Service: Offers both in-person for local clients and remote services, suiting modern business needs.
  • Accessibility: Provides support to clients regardless of their physical location within the UK.
• Friendly & Trustworthy Approach: The website emphasizes a “small and friendly accountancy service” and being “Friendly, Reliable & Trustworthy.” While subjective, this personal touch can be very appealing to small business owners who prefer a more personable relationship with their financial advisors.
  • Personalized Service: Suggests a client-centric approach rather than a transactional one.
  • Comfort and Assurance: Creates an environment where clients feel comfortable discussing their financial concerns.
  • Relationship Building: Aims to foster long-term client relationships.

Cons: Areas for Potential Improvement

While the website presents a solid case, there are a few areas where Shropshirebookkeeping.co.uk could enhance its online presence or clarify certain aspects, based solely on the available website information.

• Limited Online Reviews/Testimonials: While two testimonials are present, a more robust collection of online reviews on independent platforms like Google My Business, Trustpilot, or industry-specific review sites would provide more social proof and build greater confidence. Prospective clients often rely heavily on third-party verification.
  • Credibility Gap: Fewer public reviews might raise questions for those seeking extensive external validation.
  • Limited Scope of Feedback: The two testimonials are very brief and general, not offering much detail.
• Basic Website Design & Content Depth: The website is functional but relatively basic in its design. More detailed, dedicated pages for each service would allow for deeper explanations, FAQs per service, and possibly case studies. The current “View more” links often lead back to the same page, which isn’t ideal for in-depth research.
  • Lack of Detailed Information: Some services could benefit from more elaborate explanations, addressing common client queries upfront.
  • Static Design: A more modern, dynamic design could improve user engagement.
  • SEO Potential: Deeper content would enhance search engine optimization, making the site more discoverable.
• Pricing Transparency Beyond Hourly Rate: While bookkeeping is stated to be an hourly rate based on volume, specific ballpark figures or package options for other services VAT, payroll, etc. are not provided. While bespoke quotes are common, a general idea of pricing ranges or common service bundles could help potential clients budget.
  • Budgeting Challenges: Clients might hesitate to contact without any initial cost indication.
  • Comparison Difficulty: Makes it harder for potential clients to compare services without direct contact.
• Absence of a Comprehensive Blog: The navigation includes a “Blog” link, but upon inspection, it appears to be either empty or minimally updated. A robust blog with articles on financial tips, tax changes, business growth strategies, or industry insights would establish the firm as a thought leader and provide valuable resources to potential clients.
  • Missed Authority Building: A blog is an excellent tool for demonstrating expertise and building trust.
  • Limited Value-Add: Doesn’t offer free educational content that could attract and retain visitors.
  • SEO Opportunity: Fresh, relevant blog content is crucial for ongoing SEO performance.
  • Convenience Gap: Clients might prefer self-service options for scheduling or document submission.
  • Efficiency: A portal could streamline communication and file sharing.

Shropshirebookkeeping.co.uk Alternatives

For businesses or individuals in the UK seeking bookkeeping and accountancy services, a multitude of alternatives exist, ranging from large national firms to independent freelancers and advanced accounting software.

The best choice often depends on the specific needs, budget, and preference for interaction.

National Accounting Firms

Larger accounting firms offer a broad spectrum of services, often with specialized departments for various industries or complex financial situations.

• Examples: KPMG, PwC, Deloitte, EY the ‘Big Four’. BDO, Grant Thornton, RSM mid-tier firms.
• Pros: Extensive resources, specialized expertise across many areas audit, tax advisory, corporate finance, national and international presence, robust internal controls.
• Cons: Higher fees, less personalized service compared to smaller firms, can be less agile for small business needs.
• Best For: Large corporations, businesses with complex international tax needs, companies requiring audit services, or those needing very niche financial advisory.

Cloud-Based Accounting Software DIY or with support

Many businesses opt for cloud-based accounting software, either managing their books themselves or working with an accountant who uses the platform.

This approach offers significant flexibility and often real-time financial insights.

• Examples:
  • Xero: Known for its user-friendly interface, strong bank feeds, and extensive app marketplace. Offers invoicing, payroll, expense tracking, and reporting.
  • Sage: A long-standing player in the UK accounting software market, offering various solutions from desktop to cloud, catering to different business sizes.
  • FreeAgent: Popular among freelancers and small businesses, specifically designed to simplify self-assessment and manage project-based income.
  • FreshBooks: Primarily focused on invoicing and time tracking, ideal for service-based businesses and freelancers.
• Pros: Real-time financial data, automation of tasks e.g., bank reconciliation, accessibility from anywhere, cost-effective for DIY, integrates with many other business tools.
• Cons: Requires some financial literacy to use effectively, initial setup can be time-consuming, potential data security concerns though most providers are robust.
• Best For: Tech-savvy small business owners, freelancers, and businesses who want direct access to their financial data and are comfortable with some self-management, often working in conjunction with a certified accountant.

Independent Bookkeepers & Small Accountancy Practices

Similar to Shropshirebookkeeping.co.uk, many independent bookkeepers and small local accountancy practices offer personalized services.

• Examples: Local sole practitioners, small partnerships in your area, or firms found through professional bodies like AAT or ICAEW.
• Cons: Limited resources compared to larger firms, may specialize in only a few areas, availability can be limited.
• Best For: Small businesses, sole traders, and individuals who value a close working relationship with their financial advisor and have straightforward accounting needs.

Freelance Platforms

For very specific or ad-hoc bookkeeping tasks, businesses might turn to freelance platforms where they can hire professionals on a project basis.

• Examples: Upwork, Fiverr, PeoplePerHour.
• Pros: Access to a global talent pool, competitive pricing, flexibility for short-term projects, ability to quickly find specialists.
• Cons: Quality can vary significantly, requires more effort in vetting candidates, less long-term relationship building, potential data security issues if not properly managed.
• Best For: Businesses needing specific, short-term tasks completed e.g., catching up on old records, one-off VAT returns, or those with a very tight budget.

Choosing the Right Alternative

When evaluating alternatives, consider the following:

• Complexity of Your Business: Do you have complex tax issues, international transactions, or specific industry regulations?
• Budget: What can you realistically afford for accounting services?
• Desired Level of Involvement: Do you want to be hands-on with your books, or completely delegate?
• Software Preferences: Do you already use specific accounting software, or are you open to new options?
• Relationship Preference: Do you prefer a highly personalized service or a more corporate approach?

Ultimately, the best alternative to Shropshirebookkeeping.co.uk would be another AAT-licensed or similarly qualified accountancy practice that aligns well with your specific business needs and values.

It’s always advisable to get quotes from a few different providers and compare their services, experience, and fee structures.

Shropshirebookkeeping.co.uk Pricing

Based on the information available on Shropshirebookkeeping.co.uk, the pricing structure is not explicitly detailed with fixed rates or package deals across all services.

This is quite common for professional accounting services, as fees often depend on the complexity and volume of work involved.

Hourly Rate for Bookkeeping

The website directly states for its bookkeeping service: “We offer bookkeeping on a weekly, monthly or quarterly basis at an hourly rate.

Therefore you will only get charged for the volume of transactions that we need to manage for your business.”

• Key Takeaways:
  • Hourly Basis: Charges are calculated per hour of work.
  • Volume-Dependent: The total cost will be directly tied to the number of transactions and the time it takes to process them. This implies a variable cost model rather than a fixed monthly fee.
  • Flexibility: This approach is beneficial for businesses with fluctuating activity, as they only pay for the work done. It avoids overpaying during slower periods.
  • No Published Rate: The specific hourly rate is not disclosed on the website. This means prospective clients would need to contact LW Accountancy & Bookkeeping directly to inquire about their hourly charge.

Personal Quotation for Other Services

For services beyond basic bookkeeping, such as VAT returns, credit control, payroll, CIS, and limited company accounts, the website indicates that clients should “Contact us today for a personal quotation for all your business paperwork needs.”

• Implication: This suggests that these services are priced on a bespoke basis, tailored to the specific requirements of each client’s business.
• Factors Influencing Quotation: A personal quotation would likely take into account:
  • Business Structure: Sole trader, partnership, limited company.
  • Business Size: Revenue, number of employees for payroll, volume of invoices.
  • Complexity of Operations: Industry specific requirements, international transactions, multiple bank accounts.
  • Frequency of Service: Monthly, quarterly, annually.
  • Current State of Records: How organized and up-to-date are the client’s existing financial records? “Catch-up” work might incur additional costs.
  • Additional Services: Whether other services like QuickBooks training are required.

What to Expect When Asking for a Quote

When contacting Shropshirebookkeeping.co.uk for a quote, prospective clients should be prepared to provide details about their business.

This will enable LW Accountancy & Bookkeeping to provide an accurate estimate.

• Information to Prepare:
  • Type of business entity e.g., sole trader, limited company.
  • Estimated annual turnover.
  • Number of monthly sales invoices and purchase invoices.
  • Number of bank accounts and credit cards.
  • Number of employees for payroll services.
  • Whether you use accounting software and which one.
  • Specific services you are interested in.
  • Any historical accounting issues or backlogs.
• Quotation Format: The quote might be presented as:
  • A fixed monthly fee for a bundled set of services.
  • A fixed fee per specific service e.g., per VAT return, per payroll run.
  • An estimated hourly rate for ad-hoc work.

Comparison to Industry Standards

Not publishing fixed prices or package deals online is common in the accounting sector, especially for bespoke services.

Many firms prefer to understand the client’s exact needs before providing a quote, as this allows for more accurate pricing and avoids under or overcharging.

• Benefits of Bespoke Pricing:
  • Fairness: Clients only pay for the services they truly consume.
  • Accuracy: Reduces the risk of unexpected costs for complex cases.
  • Customization: Allows for a service package that perfectly fits the client’s unique situation.
• Drawbacks of Unpublished Pricing:
  • Lack of Immediate Transparency: Potential clients cannot quickly compare costs without direct engagement.
  • Time Investment: Requires a direct conversation or inquiry to get a price.

In conclusion, while Shropshirebookkeeping.co.uk doesn’t offer upfront package pricing, its approach of providing personal quotations based on individual business needs is standard.

The hourly rate for bookkeeping provides transparency in how those specific costs are determined.

Potential clients are advised to contact them directly for a precise quotation tailored to their requirements.

Shropshirebookkeeping.co.uk vs. Competitors

The competitive field is diverse, ranging from large accounting firms to digital-first solutions and local independent practitioners.

Shropshirebookkeeping.co.uk’s Niche and Strengths

LW Accountancy & Bookkeeping positions itself as a “small and friendly accountancy service in Telford in the heart of Shropshire,” offering a “first class service from an accredited Accountant.” Its key strengths appear to be:

• Personalized Service: Emphasizes a friendly, reliable, and trustworthy approach, suggesting a more personal client relationship than larger firms.
• AAT Licensed: Provides professional credibility and assurance of quality and compliance.
• Comprehensive Offerings for SMEs: Covers a wide range of services suitable for small businesses, sole traders, and limited companies.
• QuickBooks ProAdvisor: A significant advantage for clients using or considering QuickBooks, offering expert setup, training, and support.
• Local Presence with National Reach: While based in Shropshire, it can serve clients across the UK, offering both online and potentially in-person service for local clients.

Comparison with Large National Firms e.g., PwC, BDO

• Shropshirebookkeeping.co.uk: Offers highly personalized service, often more cost-effective for SMEs, flexible, and responsive. Focuses on core accounting and bookkeeping.
• Large Firms: Provide extensive resources, highly specialized tax and audit advisory, international capabilities. However, they come with significantly higher fees, less personalized service, and a more structured, less agile approach for smaller clients.
• Verdict: Shropshirebookkeeping.co.uk is a strong choice for small to medium-sized businesses looking for dedicated attention without the overhead of a large corporate firm. Large firms are better suited for complex multinational corporations or those requiring audit services.

Comparison with Digital-First Accounting Platforms e.g., Xero, QuickBooks Online directly, FreeAgent

• Shropshirebookkeeping.co.uk: Provides human expertise and hands-on management of your books. They use software like QuickBooks, Xero, and Sage, but offer the service of bookkeeping and accounting. Crucially, they offer training and support for these platforms.
• Digital Platforms: Offer software tools that empower businesses to manage their own finances. They automate many tasks and provide real-time data access. Some also offer add-on direct support from their own teams, but this is usually software-centric, not bespoke accounting advice.
• Verdict: Shropshirebookkeeping.co.uk is complementary to these platforms, acting as the expert human layer. For businesses that prefer to outsource the doing of bookkeeping or need expert guidance on software use, Shropshirebookkeeping.co.uk is superior. For businesses wanting to manage their books themselves with software, the platforms directly are the primary offering.

Comparison with Other Local Independent Bookkeepers/Accountants

• Shropshirebookkeeping.co.uk: Appears to differentiate itself through its AAT licensing, explicit QuickBooks ProAdvisor status, and comprehensive service list on its website. The emphasis on “friendly” and “trustworthy” service is a common claim, but the accreditation adds weight.
• Other Independents: Quality and service levels can vary greatly. Some may not be formally accredited, others might specialize in very niche areas, and their online presence or transparency might be limited.
• Verdict: Shropshirebookkeeping.co.uk seems well-positioned against other local independents due to its clear accreditations and stated expertise. Potential clients would need to compare specific quotes and client testimonials for a more direct apples-to-apples comparison.

Comparison with Freelance Bookkeepers e.g., via Upwork, Fiverr

• Shropshirebookkeeping.co.uk: Offers a professional, established business entity with clear contact information, accreditations, and a structured service offering. Implies a long-term professional relationship.
• Freelancers: Can be very cost-effective for ad-hoc tasks. However, vetting can be challenging, consistency of service might vary, and there’s less assurance of professional indemnity insurance or formal accreditation. Relationships are often project-based.
• Verdict: Shropshirebookkeeping.co.uk is a more reliable and professional choice for ongoing, comprehensive bookkeeping and accounting needs. Freelancers might be suitable for one-off tasks or very budget-constrained projects where less formal assurance is acceptable.

In summary, Shropshirebookkeeping.co.uk carves out a strong position as a reliable, accredited, and personable accounting and bookkeeping service for small to medium-sized businesses in the UK.

Its core advantage lies in combining professional expertise with a flexible, client-focused approach, making it an excellent alternative to both larger, more impersonal firms and less structured freelance options, especially for those utilizing QuickBooks.

How to Engage with Shropshirebookkeeping.co.uk

Engaging with Shropshirebookkeeping.co.uk LW Accountancy & Bookkeeping appears to be a straightforward process, primarily initiated through direct communication.

Based on the website, the emphasis is on personal consultation to understand your specific business needs and provide a tailored solution.

Initial Contact Points

The website prominently displays several ways to get in touch, encouraging prospective clients to reach out for a “personal quotation” or advice.

• Telephone:
  • Mobile: 07496783402
  • Office: 01952 591254
  • Calling directly is often the quickest way to get immediate answers to preliminary questions and to schedule a more in-depth discussion.
• Email:
  • Email: [email protected]
  • Email is suitable for sending detailed inquiries, outlining your business situation, and requesting a call back or a written quote. It also creates a record of your communication.
• Contact Form:
  • While not explicitly visible as a dedicated “Contact Us” form on the main content provided, many professional websites include one for convenience. If present, it would be another direct channel for inquiry.

What to Prepare Before Contacting

To ensure a productive initial conversation and receive an accurate quotation, it’s beneficial to have some information about your business readily available.

• Business Structure: Are you a sole trader, partnership, or limited company?
• Current Accounting Situation: Are your books up-to-date, or do you have a backlog? Do you currently use any accounting software?
• Services Needed: Clearly list the services you are interested in e.g., monthly bookkeeping, VAT returns, payroll for X employees, self-assessment assistance.
• Business Volume: An estimate of your annual turnover, number of monthly transactions sales/purchases, and number of employees if payroll is needed.
• Specific Challenges: Any particular financial challenges or goals you’re looking to address e.g., improving cash flow, ensuring tax compliance, understanding profitability.

The Quotation Process

As highlighted in the pricing section, LW Accountancy & Bookkeeping provides personal quotations. This typically involves:

• Discovery Call/Meeting: An initial discussion to understand your business, its financial needs, and the scope of work required. This can be conducted over the phone, via video call, or in person if you are local to Shropshire.
• Assessment of Needs: Based on your input, they will assess the time commitment and complexity involved in providing the requested services.
• Tailored Proposal: You will receive a customized quotation, likely detailing the services included, the proposed fees e.g., hourly rate for bookkeeping, fixed fees for other services, and terms of engagement.

Onboarding Process Implied

Once you accept a quotation, the onboarding process for an accounting service typically involves:

• Engagement Letter: Signing an engagement letter outlining the agreed-upon services, responsibilities of both parties, fees, and terms. This is a crucial legal document.
• Information Exchange: Providing necessary access to bank accounts read-only for reconciliation, previous accounting records, HMRC details, and other relevant financial documents.
• Software Setup/Migration: If you’re switching software or starting fresh, they will assist with setting up your accounts on their preferred platform e.g., QuickBooks, Xero, Sage.
• Regular Communication: Establishing a schedule for submitting documents, reviewing reports, and discussing financial performance.

Customer Service and Ongoing Support

The website’s emphasis on being “Friendly, Reliable & Trustworthy” suggests a client-focused approach to customer service.

• Accessibility: Multiple contact numbers imply readiness to communicate.
• Proactive Advice: A good accountant often provides proactive advice on tax efficiency, cash flow management, and business growth.
• Query Resolution: Efficient handling of client queries and concerns.

In essence, engaging with Shropshirebookkeeping.co.uk is about initiating a direct conversation to build a personalized service agreement.

This personal touch is often preferred by small business owners who value a dedicated relationship with their financial advisors.

How to Cancel Shropshirebookkeeping.co.uk Service

Cancelling a professional service like bookkeeping or accounting typically involves a formal process, rather than a simple online click.

This is due to the sensitive nature of financial data, ongoing compliance requirements, and the need for a smooth handover of records.

While Shropshirebookkeeping.co.uk’s website does not explicitly detail a cancellation policy, general industry practices apply.

Standard Cancellation Procedures

Most accounting firms operate under a contract or engagement letter that outlines the terms of service, including cancellation clauses.

• Review Your Engagement Letter: This is the most crucial first step. When you initially engaged Shropshirebookkeeping.co.uk, you would have signed an agreement often called an engagement letter or client agreement. This document will detail:
  • Notice Period: The required advance notice e.g., 30, 60, or 90 days you must give before terminating services.
  • Termination Clause: Conditions under which either party can terminate the agreement.
  • Fees on Termination: Any outstanding fees or pro-rata charges for work completed up to the termination date.
  • Data Handover: Procedures for the return of your financial records and data.
• Formal Written Notice: It is almost always required to submit a cancellation request in writing. This provides a clear record of your intent and the date of notice.
  • Email: Sending an email to [email protected] would likely be an acceptable form of written notice.
  • Letter: A formal letter, especially if you have a postal address for their office, could also be sent.
• Specify Effective Date: In your notice, clearly state the date you wish the services to terminate, ensuring it aligns with the notice period outlined in your agreement.

Steps for a Smooth Transition

To ensure a seamless transition when cancelling services with Shropshirebookkeeping.co.uk, especially if you are moving to another accountant or taking over your books yourself, consider these steps:

1. Communicate Your Intent Clearly:
   • Explain your decision e.g., “We have decided to bring our bookkeeping in-house” or “We are transitioning to a new accounting provider”.
   • Be polite and professional. Maintaining a good relationship can facilitate a smoother handover.
2. Request a Data Handover Plan:
   • Ask how they will transfer your financial data e.g., accounting software backups, ledgers, VAT returns, payroll records.
   • Confirm the format of the data e.g., downloadable files from QuickBooks, PDF copies, spreadsheets.
   • Clarify if there are any associated fees for data extraction or transfer this should ideally be covered in your initial agreement.
3. Ensure All Outstanding Invoices Are Settled:
   • Request a final invoice for any services rendered up to your termination date.
   • Promptly settle all outstanding balances to avoid any disputes.
4. Confirm HMRC/Companies House Authorizations are Removed:
   • If Shropshirebookkeeping.co.uk had agent authorization with HMRC or Companies House on your behalf, ensure they formally remove these authorizations once the service ends. You may need to grant new authorizations to your new accountant.
5. Plan for Year-End/Tax Season:
   • If you are cancelling mid-year, discuss how current year-to-date data will be reconciled and handed over, especially if your tax return is approaching.
   • Ensure all necessary documents for your current tax year are available.
6. Confirm Handover Completion:
   • Once all data has been transferred and outstanding matters resolved, request a confirmation from Shropshirebookkeeping.co.uk that their services have officially concluded and all relevant information has been handed over.

Why a Formal Process?

A structured cancellation process protects both the client and the service provider.

For the client, it ensures data integrity and compliance.

For the accounting firm, it manages their workload, allows for proper record keeping, and prevents misunderstandings.

While the website doesn’t offer a “cancel subscription” button, this is standard for bespoke professional services like bookkeeping and accounting.

How to Cancel Shropshirebookkeeping.co.uk Free Trial

The website Shropshirebookkeeping.co.uk does not explicitly mention offering a “free trial” for their services.

Professional accounting and bookkeeping services typically do not provide free trials in the same way software subscriptions might.

Instead, they usually offer initial consultations, which are often free or low-cost, to understand client needs before formal engagement.

What to Expect Instead of a Free Trial

• Initial Consultation: As an accredited and professional service, Shropshirebookkeeping.co.uk likely offers a complimentary initial consultation. This is a common practice in the accounting industry.
  • Purpose: To discuss your business, assess your bookkeeping and accounting needs, and determine if their services are a good fit.
  • No Obligation: These consultations are generally non-committal, meaning you are not obligated to sign up for their services afterward.
  • Information Gathering: During this consultation, they would gather details about your business size, transaction volume, current financial setup, and specific requirements to provide a tailored quotation.
• Quotation Process: Following the consultation, they would provide a “personal quotation” for their services. This quotation would outline the scope of work, fees, and terms of engagement. It’s at this stage that you decide whether to proceed.

If You Misunderstood and Signed an Agreement

If, by chance, you believed you were on a “free trial” but have actually signed an engagement letter or client agreement, then the situation defaults to a standard service agreement.

In this scenario, you would need to refer to the “How to Cancel Shropshirebookkeeping.co.uk Service” section above.

• Review the Contract: Re-read any documents you signed with Shropshirebookkeeping.co.uk. Look for terms like “trial period,” “initial engagement,” or cancellation clauses.
• Contact Them Directly: If you are unsure about your agreement status or believe you are within a trial period that needs to be cancelled, contact them immediately using the phone numbers or email provided on their website.
  • Be Clear: State your understanding and intent to cancel any ongoing service or trial.
  • Request Confirmation: Ask for written confirmation of your cancellation and any next steps required.

Key Takeaway

Given that Shropshirebookkeeping.co.uk is a professional services firm and not a software-as-a-service SaaS provider, the concept of a “free trial” as commonly understood e.g., for Netflix or Adobe software is unlikely to apply.

Their model relies on personalized service and bespoke quotes, which usually begin with an obligation-free consultation.

If you are considering engaging with them, or have already had an initial discussion, it’s always best to clarify the terms of any initial engagement directly with LW Accountancy & Bookkeeping to ensure there are no misunderstandings regarding trials, commitments, or fees.

Benefits of Professional Bookkeeping

Engaging a professional bookkeeping service like Shropshirebookkeeping.co.uk offers numerous benefits that extend beyond simply keeping records.

For businesses, both small and large, accurate and timely bookkeeping is foundational to financial health, compliance, and strategic decision-making.

1. Time Savings

Perhaps the most immediate and tangible benefit for a business owner is the significant amount of time saved.

Bookkeeping, while essential, can be tedious and time-consuming, diverting focus from core business activities.

• Focus on Core Business: Delegating financial administration frees up business owners to concentrate on sales, marketing, product development, and customer service.
• Increased Productivity: Time saved can be reinvested into growth strategies, innovation, or even personal well-being and family time.
• Reduced Administrative Burden: Eliminates the need for manual data entry, reconciliation, and chasing paperwork.

2. Accuracy and Compliance

Professional bookkeepers are trained and experienced in financial regulations and best practices, leading to fewer errors and greater compliance with tax laws.

• Error Reduction: Minimizes mistakes in data entry, categorization, and calculations that could lead to financial discrepancies or penalties.
• Tax Compliance: Ensures VAT returns, payroll submissions, and year-end accounts are prepared accurately and submitted on time, avoiding fines from HMRC.
• Audit Readiness: Well-maintained books make audits should they occur a much smoother and less stressful process.
• Up-to-Date Knowledge: Professionals stay current with changing tax laws and accounting standards.

3. Improved Financial Clarity and Insights

Beyond just recording transactions, professional bookkeeping provides a clear and current picture of a business’s financial health, empowering better decision-making.

• Real-time Financial Data: Offers up-to-date information on income, expenses, profits, and cash flow.
• Meaningful Reports: Provides detailed financial reports e.g., Profit & Loss, Balance Sheet, Cash Flow Statement that are easy to understand and interpret.
• Performance Tracking: Helps identify trends, track performance against budgets, and spot areas for improvement or potential issues early on.
• Strategic Planning: Provides the data needed for informed strategic planning, investment decisions, and business growth initiatives.

4. Enhanced Cash Flow Management

Managing cash flow is critical for any business’s survival and growth.

Professional bookkeepers can play a vital role in optimizing it.

• Invoice Management: Efficiently processes sales invoices and tracks outstanding payments, often including credit control services to chase overdue invoices.
• Expense Tracking: Helps identify and categorize expenses accurately, ensuring all legitimate deductions are captured.
• Forecasting: With accurate data, it becomes easier to forecast future cash inflows and outflows, allowing for proactive financial planning.
• Debt Reduction: By highlighting outstanding debts e.g., to suppliers and overdue receivables, they help improve the business’s overall cash position.

5. Cost Savings Indirect

While there is an upfront cost for bookkeeping services, the indirect cost savings often outweigh these expenses.

• Reduced Penalties: Avoiding fines for late or incorrect tax submissions can save significant amounts.
• Optimized Tax Position: Accurate record-keeping ensures all eligible deductions and allowances are claimed, potentially reducing tax liabilities.
• Prevention of Fraud/Theft: Regular reconciliation and financial oversight can help detect and prevent financial irregularities.
• Lower Opportunity Cost: The value of time saved can be much greater than the cost of the service if that time is used for revenue-generating activities.

6. Support for Business Growth and Planning

Professional bookkeepers often work closely with accountants or are accountants themselves, like at Shropshirebookkeeping.co.uk who can provide strategic advice.

• Preparation for Funding: Well-maintained books are essential when seeking loans or investment, as lenders and investors require clear financial statements.
• Budgeting and Forecasting: Assistance in creating realistic budgets and financial forecasts.
• Scalability: As your business grows, a professional service can scale with your needs, managing increasing transaction volumes and complexity.
• Trusted Advisor: They become a valuable, impartial financial advisor, offering insights and support for key business decisions.

In essence, outsourcing bookkeeping to a professional service like Shropshirebookkeeping.co.uk is an investment in the long-term health and stability of a business.

It provides peace of mind, improves financial control, and allows entrepreneurs to focus on what they do best: building and running their businesses.

Frequently Asked Questions

What services does Shropshirebookkeeping.co.uk offer?

Shropshirebookkeeping.co.uk, operating as LW Accountancy & Bookkeeping, offers a comprehensive range of services including flexible bookkeeping weekly, monthly, quarterly, VAT returns help and management, credit control, payroll and CIS management, financial services for sole traders and partnerships, limited company accounts preparation, and QuickBooks training.

Is Shropshirebookkeeping.co.uk an accredited service?

Yes, the website states that LW Accountancy & Bookkeeping is an “AAT Licensed Accountant & Bookkeeper.” This means they are regulated by the Association of Accounting Technicians, ensuring a professional approach and adherence to industry standards.

How does Shropshirebookkeeping.co.uk charge for bookkeeping services?

For bookkeeping services, Shropshirebookkeeping.co.uk charges an hourly rate.

The total cost is dependent on the volume of transactions they need to manage for your business, ensuring you only pay for the work done.

Does Shropshirebookkeeping.co.uk offer fixed pricing for all services?

No, the website indicates that for services beyond basic bookkeeping like VAT, payroll, or company accounts, clients should contact them directly for a “personal quotation.” This suggests bespoke pricing tailored to individual business needs. Emmo.ca Reviews

Can Shropshirebookkeeping.co.uk help with VAT registration and submissions?

Yes, Shropshirebookkeeping.co.uk provides a complete VAT service, from assisting with registration to preparing and submitting your VAT returns online within the timeframes issued by HMRC.

Do they handle payroll for businesses?

Yes, they offer comprehensive payroll services, including running your payroll, providing full reporting, sending out payslips, and ensuring correct and timely payments for your employees.

Is Construction Industry Scheme CIS management offered?

Yes, Shropshirebookkeeping.co.uk has expertise in the Construction Industry Scheme CIS and can help businesses and individuals employed via the scheme with their tax return submissions.

Can Shropshirebookkeeping.co.uk assist sole traders and partnerships?

Yes, they provide dedicated bookkeeping services for both sole traders and partnerships, focusing on keeping financial reports up-to-date, providing monthly reports, and preparing for Self-Assessment.

Do they prepare accounts for limited companies?

Yes, they prepare and file accounts for limited companies in accordance with accounting standards, submitting them to both HMRC and Companies House. Abstraxtech.com Reviews

What accounting software does Shropshirebookkeeping.co.uk work with?

Shropshirebookkeeping.co.uk specializes in QuickBooks, Xero, and Sage.

They also mention using Dext formerly Receipt Bank for efficient document management.

Does Shropshirebookkeeping.co.uk provide QuickBooks training?

Yes, as a certified advanced ProAdvisor for QuickBooks, LW Shropshire Accountancy & Bookkeeping offers tailored training for startup businesses or those switching from other accountancy packages.

Where is Shropshirebookkeeping.co.uk based?

They are based in Telford, in the heart of Shropshire, UK.

Does Shropshirebookkeeping.co.uk only serve local businesses?

No, while based in Shropshire, the website states they can work “on and offline all over the UK,” making their services accessible to a wider client base. Goboat.dk Reviews

How can I get a quote from Shropshirebookkeeping.co.uk?

You can contact them directly via phone 07496783402 or 01952 591254 or email [email protected] to request a personal quotation for your specific business needs.

What information should I have ready before contacting them for a quote?

It’s helpful to have details about your business structure sole trader, limited company, estimated turnover, number of transactions, services needed e.g., VAT, payroll, and any current accounting software you use.

Does Shropshirebookkeeping.co.uk offer credit control services?

Yes, they offer credit control services to help businesses manage and chase payment of outstanding invoices, aiming to reduce unnecessary debts and improve cash flow.

Is Shropshirebookkeeping.co.uk suitable for small businesses?

Yes, they emphasize serving small and friendly businesses, including sole traders, partnerships, contractors, and limited companies, making them highly suitable for small to medium-sized enterprises.

Are there client testimonials on the website?

Yes, the website includes a small section with two customer testimonials praising their service for making accounts easy to manage and being helpful and diligent. Preciousposeproductions.com Reviews

Does Shropshirebookkeeping.co.uk have a blog?

The navigation includes a link for a “Blog,” suggesting they may have or plan to have a blog with financial insights or updates.

How long has Shropshirebookkeeping.co.uk been operating?

While the website design shows a copyright notice for 2020/21, the specific years of operation for LW Accountancy & Bookkeeping are not explicitly stated.

However, their AAT licensing implies established professional practice.

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