Accountancy and Bookkeeping for charities and small businesses
A simple yet necessary task, the month-end process if left undone, can be a worrisome and potentially costly. In accounting, a month-end is a set of steps an organisation follows to review, record, and reconcile account information. Businesses perform a month–end to keep accounting information organized and ensure all transactions for the monthly period have … Read more
What 3 steps should all charities take to get a grip on their finances and what ot consider before booking charity finance training?
Meet the team, Sabina Reed shares some information about her ideal client and what she likes to do outside of work. As we have not been able see our clients and network face to face for a while we thought we’d help you get to know us a bit more with our occasional ‘meet the … Read more
At Holy Brook, we provide like to provide clients you with top tips on how to improve bookkeeping as some common mistakes may cost you both time and money. So here is our list of five common bookkeeping mistakes and tips, for smoother and more efficient bookkeeping. 1. Mixing business and personal spending In the … Read more
It’s increasingly being recognised just how vital charities are to our economy and society. There are approximately 168 thousand registered charities across England and Wales as of 2018. Here at Holy brook particularly focus on smaller clients and our charity clients are no exception: we work with local and small charities. We also provide professional … Read more
Meet the team, Samun Omer shares some information about her ideal client and what she likes to do outside of work. As we have not been able see our clients and network face to face for a while we thought we’d help you get to know us a bit more with our occasional ‘meet … Read more
Can I reclaim VAT on mileage? As bookkeepers at Holy brook one of the most frequently asked questions by our clients is whether they can claim VAT on mileage. If you are VAT registered and not using the flat the rate scheme, the answer is yes, however the amount you claim depends on certain things. … Read more
A quick reminder – what’s the purpose of the furlough scheme? Before looking at the changes to the scheme it’s worth just reminding ourselves why the furlough scheme (officially the Corona Virus Job Retention Scheme) was introduced. It was aimed at discouraging employers from making mass redundancies. Under the furlough scheme, the state pays the … Read more
Local authorities are now opening up their process for the discretionary business support grants, but the time to apply is already running out. Each authority does have discretion as to exactly how they run their scheme but the government has given guidance. If your business or charity is: In a shared office or workspace A … Read more
With the increase in working from home being due to the Covid lockdown it may be that employers are not able to afford to offer a working from home allowance. However, as the economy starts to recovers it may be an attractive option for staff and organisations alike. If you are required to work from … Read more