Services
Accountancy & Business Services
From annual accounts and tax compliance through to Finance Director support, R&D claims and raising finance — Philip Barnes & Co provide a complete service for sole traders, partnerships and limited companies across Staffordshire and beyond.
What we do
A complete accountancy service for every stage of your business
Philip Barnes & Co Chartered Accountants offer a comprehensive range of financial and business support services — whether you are a sole trader filing your first self-assessment, a partnership managing payroll, or a limited company seeking boardroom-level financial expertise.
Our work spans core compliance (year-end accounts, corporate tax, VAT, audit) and strategic advisory (forecasting, management accounts, R&D tax credits, due diligence). Every new client begins with a free initial consultation at our offices in Halford Street, Tamworth.
We hold Fellow-level membership of both ICAEW and ACCA — the two principal chartered accountancy bodies in the UK — and bring that depth of qualification to every engagement, large or small.
Core compliance
Core accountancy services
The compliance work that every business needs, handled accurately and on time.
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01
Year-End Company Accounts
Preparation of annual accounts for sole traders, partnerships and limited companies — filed accurately and on time, with plain-English commentary on the numbers that matter.
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02
Corporate Tax
Corporate tax compliance and planning for limited companies of all sizes. We identify reliefs and structure filings to minimise your liability within HMRC's rules.
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03
Self-Assessment
Personal self-assessment tax return preparation and filing for directors, sole traders, landlords and high-earners. We handle the paperwork; you keep the deadline anxiety.
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04
VAT & Making Tax Digital
VAT compliance, returns and advice including MTD-compliant filing. We keep your VAT position clean and ensure your systems meet HMRC's digital requirements.
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05
Payroll
Payroll administration ensuring employees are paid correctly and on time, with RTI submissions, auto-enrolment support and payslip production handled for you.
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06
Statutory Audit
Statutory audit services for companies that require an independent examination of their financial statements — conducted to ICAEW standards by our qualified audit team.
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07
Bookkeeping
Complete back-office bookkeeping including payroll, VAT returns and management accounts. We support multiple systems — from spreadsheets through to Sage — so you are not locked into a single platform.
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08
Company Secretarial
Company secretarial support and compliance — from confirmation statements and registered office maintenance to share allotments and Companies House filings.
Advisory & support
Business support and advisory
Beyond compliance, we provide the strategic and operational support that helps businesses grow, plan and protect their wealth.
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01
Finance Director Service
Ad hoc or retained FD support for businesses that need boardroom financial expertise without a full-time hire. Includes finance board reports, opportunity and threat analysis, and a trusted advisor role at the table when it counts.
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02
Forecasting & Business Planning
Business planning and financial forecasting from long-term strategy to immediate KPIs. We help ensure steady cash flow, identify your most profitable areas, support finance applications and analyse new opportunities before you commit.
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03
Tax Planning
Personal and corporate tax planning for high-worth individuals and business owners. We cover income tax, inheritance tax, corporation tax and capital gains tax — with specific experience in R&D tax credits, farming succession and IHT, and property investment tax structuring.
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04
Management Accounts
Preparation and interpretation of management accounts — quarterly or monthly reports, benchmarking against sector peers, cashflow projections, company valuation and a boardroom FD contribution to help you act on the numbers, not just receive them.
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05
R&D Tax Credits
Identifying eligibility, estimating rebate value, structuring and managing R&D tax credit claims. Enhanced tax relief on qualifying R&D expenditure. Enquiries are handled by Dean Ackrill, our specialist in this area.
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06
Due Diligence Reports
Financial due diligence for business purchases, mergers and partnerships. We assess financial viability, uncover off-balance-sheet issues and fraud risk, and provide the analysis that informs deal negotiation and finance structuring.
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07
Accounts Systems
Advice on selecting and implementing accounting software for start-ups and established businesses. We work with Kashflow, QuickBooks, Sage and Xero at the SME level, and JD Edwards, SAP, Microsoft Dynamics and Pegasus Opera at enterprise scale. MTD compliance support included.
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08
Raising Finance
Advice and support for businesses seeking finance — equity funding (share issue, venture capital, private equity), bank finance (overdraft, term loan, commercial finance, factoring, mortgage) and alternative funding (hire purchase, finance lease, peer-to-peer loans). We make introductions to lenders and investors where appropriate.
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09
Start-Up Advice
Support for new businesses covering company structure (sole trader, partnership, limited company, LLP), VAT registration, record-keeping systems, business plan preparation, break-even analysis and finance raising. We help you start on the right footing.
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10
Inheritance Tax Planning
Planning to minimise inheritance tax liabilities and protect family wealth — for business owners, landowners and high-net-worth individuals who want to pass on what they have built.
Not sure which service fits? Let's talk.
Every new client starts with a free consultation at our Tamworth offices. Call us on 01827 60033 or use the form below — we will point you in the right direction, no obligation.