Call for Assistance: 02033 259 341
Spondoo Accounting
Call for Assistance: 02033 259 341
Spondoo Accounting

Accountants for Children Homes - Care Sector Accounting

May 27, 2021

We have a team of licensed accountants with expertise in the domiciliary care sector – including children’s homes, daycare centres, nurseries, schools, and foster homes across the United Kingdom. Our team works with – individual children’s homeowners, not-for-profit organisations, limited companies, or even corporate groups. 

Who we work with in the care industry 

If you work in the care industry, your business needs tailored accounting services and advice on the ever-changing legislation – to remain compliant. Spondoo Accountants will work with you at any stage your business falls – startup, growing, acquisition or even selling. 

Some of our clients include: 

  • Children’s services centres 
  • Foster care homes and providers 
  • Children Homes 
  • Nurseries 
  • Childminders 
  • Nannies 
  • Out-of-school clubs 
  • Playgroups 
  • Franchise childcare centres. 

Dedicated accounting services for the childcare sector 

Our specialist team of accountants and tax advisors can offer your Children’s Home, daycare centre & nursery sector the following childcare services: 

Company formation

If you want to start a limited company, we can simplify the process and handle company formation on your behalf. When we do it for you, we eradicate the possibility of errors that may lead to application rejection. 

Bookkeeping support and VAT services 

Our bookkeeping team can organise and manage your financial data and ensure that your accounting software records match your bank statements and cash transactions. 

Tax returns

Our accounting team can handle your tax matters – like: 

  • Corporation Tax 
  • Capital Gains Tax 
  • Self-Assessment 
  • R&D Tax Credits 
  • Income Tax 
  • Inheritance Tax 

Payroll and Auto-enrolment services 

We offer a cost-effective, bespoke payroll service that includes: 

  • Preparing p11ds 
  • Online payslips and p60s 
  • Statutory payments calculation 
  • Process payroll under real-time information (RTI) 
  • Preparation and submission of HMRC returns 
  • Support you in processing salary sacrifice schemes and pension deductions. 

Our Payroll and Auto Enrolment packages are made to ensure you’re fully compliant with HMRC legislation.  

Management Accounts, Forecasting and budgets

Using your accounts data, we can create Management accounts and budgets to help you understand your business performance and financial health. With this information, you can act proactively and make necessary changes. 

Compliance with HMRC and correspondence

We will ensure you are fully compliant with HMRC so that you don’t have to worry about VAT and tax investigations, assurance visits or inspections. 

We will also manage communication with HMRC on your behalf- and handle all your HMRC correspondence obligations. 

Funding

At Spondoo Accountants, we work with reputable lenders in the marketplace – and have formed good relations with them based on their service to our clients. We can help you get funding for your business by introducing you to various business funding providers that suit your needs. 

Acquisitions and disposals

We understand how frustrating buying a new business, acquiring another business, or selling all or part of your company can get. That is why our team will work on helping your business through the acquisition and disposal processes – while ensuring you are getting the best deal – in a stress-free manner. 

 

Why choose Spondoo as your Children’s Home and Foster Carers Accountants 

We pride ourselves in: 

  • Being personal – we work on understanding your business so that we can tailor our services to suit your needs. We will provide you with a dedicated accountant who will act as an extension of your business in our practice. 
  • Tailor our services to meet your needs while maximising your profitability and minimising your tax liabilities. 
  • Highly knowledgeable and up-to-date with current developments in accounting for the care sector. In case of changing legislation, we ensure our clients remain compliant so as not to attract any fines, penalties or fall on HMRC’s wrong side. 
  • We have a team of fully regulated and licensed accountants with vast knowledge in accounting for the childcare industry. 
  • We operate on a fixed fees basis – you know how much to pay beforehand! Get a free quote here! 

Find the best Children’s Home accountants near me

At Spondoo Accountants, we will invest in growing your business and creating a long-term working relationship with you. Contacts us for enquiries about our services or sign up now! 

 

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Information provided on the site is merely guidance that may change in line with UK law and regulations. Users must not consider this to be financial advice or their sole resource when making any financial decision. Spondoo is a trading name for Accounting SQL Limited, authorised & license accounting firm under the Institute of Financial Accountants.
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