We Use Cookies! Learn More

Sounds Good!
The Complete Construction Virtual Finance Function

The Complete Construction Virtual Finance Function

The Saint's Blog

Day / Night Icon

At SaintFG, we offer a Virtual Finance Function that allows you to outsource your whole finance function so you can focus on what you are good at while we do what we are good at.

We often see many business owners surprised that this sort of service is available where they can have the important financial information broken down and the best steps to take next. Very quickly we are going to show you everything that should be in your Finance Function and if not, this is exactly what we do for our most successful clients!

Bookkeeping

As we mentioned earlier in the book, Bookkeeping is the foundation of your business and it is essential it is kept up to date as much as possible. For our clients, all we ask is for them to take photos of the receipts/invoices they receive using HubDoc and we can handle the rest from there!

Company Secretarial

Keeping in line with the Companies Act can be a lot of tasks that reoccur every year. Our company secretarial services is a cost-effective solution to have your company secretarial requirements covered for you. We will maintain your registers electronically; updating Shareholders Records, Control Office Records, Statutory Registers and Managing Company Details.

Registered Office Address

Keeping your address off HMRC records and for the public to view plus any HMRC correspondence we can handle on your behalf.

Financial Accounts/Tax Return

Probably the most common reason you go to your accountants, for your company accounts and tax return to be submitted to HMRC, however, did you know not all accountants are the same? With our company accounts service, you will receive free quarter reports that will estimate your corporation tax bill so you can know roughly how much is going to be due way before the deadline! On top of this, we also include a free tax planning meeting to cover any tax planning opportunities.

Credit Control

Struggling to keep on top of who owes you what and when? We can either act under your name or show that you are working with a third party to chase any overdue balances that may occur.

Payment Run

A payment run service is where we would manage all your outgoing payments (suppliers or employees etc) through the business. We use a secure third party software where we would pre-arrange the outgoing payments so all you need to do is approve the payment run and the rest will be handled by SaintFG.

VAT Returns

Many business owners do their own VAT returns as bookkeeping softwares claim it can be done in “one-click” however did you know our VAT return service on average results in 30% more being claimed!

Payroll

Preparation and filing of the company payroll to HMRC and providing payslips to employees through an online portal. Plus we can also handle all your CIS needs including supplying your subcontractors with their CIS Payment & Deduction Statemen

Personal Self Assessment

Along with preparing the company accounts and tax returns, we will also prepare your personal Directors tax returns. These are required to declare your personal income (Salary & Dividends) for the year.

Business Plans

A Business Planning session will require you to take time out from day to day activities IN the business to focus ON the business.

Together we will review your past performance and clarify your future direction. We will set realistic 12-month goals and 90-day goals to define strategies for achievement. We will have created a Business Plan that will act as a guide map to ensure you are on course for success!

Management Accounts

Our Management Accounts is an in-depth analysis of your current position to provide a clear & comprehensive report to show your progress against the plan and adjust the targets to ensure you remain on track to achieve your results.

This will give you a clear understanding of where you are at right now and give you the ability to see what needs to happen.

Cashflow Forecasting

A modern and visual way to plan for your business while using financial modelling to accurately see the likely outcomes ahead. We will be able to show micro forecasts that make it easy to see the financial impacts of hiring a new staff member or purchasing an asset allowing you to see every opportunity for your business.

Tax Investigation Insurance

You are not able to prevent HMRC from raising an investigation however you can prepare for one with our HMRC defence package with up to £100,000 of our fees covered.

Why Is This Important?

Business owners believe that it is difficult to change accountants or all accountants are the same! Don’t let a few bad experiences put you off the actual good accountants out there!

We treat every business as if it was our own, we don’t just advise on the numbers, we want to make your business as successful as you want it to be. Accountancy and Tax is an important part of a business HOWEVER we want to provide a SOLUTION!

We only provide this service to businesses in the construction industry plus with 30 years of experience, you know you are in safe hands.

This article was written for Saint Financial Group, a multidisciplinary group based in the UK that helps construction businesses develop and grow. SaintFG offers a range of quality solutions in supporting businesses.

Saint provides the luxury of free business consultancy for of our clients, call now for your free consultation with a friendly business advisor to discuss your burning questions and put that energy back into your business!

SaintFG

Written by:

Dylan O'Rourke MAAT

Got a question? Ask me here 😉

Grab Your FREE Copy Here!

The Construction Survival Guide 2021

The only book you need to start up your construction business in 2021! The CSG becomes your new handbook offering everything that you need in order to create a successful construction business!

Claim Mine!
SaintFG

How To Grow Your

🚧 Construction Businesses 🚧

Don't know where to start? No problem »

The Saint's Blog

Guide to Funding Terminology - Partnering with Swoop Funding

At Saint, we understand that going for financing can be a difficult experience, that’s why we partnered with Swoop Funding who make the process as simple as it can be. We are working with Swoop to help provide our clients access to a wide range of lenders, equity investors and government grant agencies. We can also help you unlock cash by cutting costs for banking, utilities and other services. As an introduction to funding here are some of the key phrases and acronyms commonly used so you know what the specialist terminology means!

Next Article