Accounting for Partnerships - Horner Downey & Co.

Partnerships

Partnerships have accounting needs
that differ from those of limited companies

We’ll handle all your Partnership accounting requirements in a prompt, reliable and efficient manner, taking all the complexity away.

There are many reasons why sole traders like to collaborate as a Partnership under a brand without becoming a Limited Company. We can take care of the day-to-day bookkeeping and prepare self-assessment tax returns on behalf of you and your Partner. If you are a Limited Liability Partnership, you can also take advantage of our virtual office completely free of charge so you have a business address to direct your mail to.

Our Accounting Services for Partnerships

We will ensure your Partnership business activities and taxation remain compliant with all current HMRC guidelines and legislation. We can offer free advice on other aspects of your business such as when to become a Limited Company, VAT registration, hiring and payroll.

Additional accounting services we can offer a Partnership are: bookkeeping, account management, pensions, VAT reporting, self-assessment for you and your Partners, business plans and forecasting, corporation tax calculation and more.

Account Management

We manage your accounts, keeping in touch with you while we prepare your reports, giving you peace of mind.

Bookkeeping

Bookkeeping is a time-consuming task that catches a lot of business owners out. With us on your side, you can keep on top of your bookkeeping essentials.

Payroll

One big obstacle to hiring staff is the thought of managing payroll. We can take care of this for you so you can embrace your business expansion, worry-free.

Pensions

Pensions for you and your staff is a must-have, though it can be complex to wrap your head around. That’s where we come in.

Personal Tax Planning

We’ve got your personal tax planning in hand, ensuring you’re always on time with your returns and never paying more than you need to.

Self Assessment Tax Returns

Self-assessment tax returns are confusing and it’s easy to make mistakes. Why not put this into the hands of experts who understand each and every term?

Don’t work in isolation – book a consultation with us and find out what it means to collaborate with an accounting partner.

Talk to one of our experts

We’re your accounting partners for the long term.

When it’s two or more business Partners keeping track of income and expenses, you may benefit from a central entity to manage your bookkeeping and accounts. This is where we come in. Not only to we offer a specialist professional Chartered accountancy service, we can also help you get set up with our accounting software, which will streamline your processes to make bookkeeping much simpler. Come chat to us today to discuss your accounting needs.

Chartered Accountants

We are fully qualified, certified and insured, giving you the assurance that you are receiving the highest standards of accountancy practices.

Great Value

Our rates are competitive with no hidden extras, so for a small monthly fee, we’re your accounting partners – whatever comes your way.

Timely Management

Since we know the accounting deadlines like the back of our hand, we ensure we stay in touch with you so you have everything prepared in time – preventing your company costly fines.

Talk to one of our experts

What our clients say...

“We at Signs 3000 Ltd are very impressed with the professionalism and helpfulness of all at Horner Downey. We have been with them for 10 years now and have had many tax and other queries that have been resolved and answered by the accountants. Horner Downey do our payroll, Yearly accounts & VAT, which Mark personally comes out to assist with. I would willingly recommend them to any business large or small.”

Karen Moreton

“We have been using the services of Horner Downey since 1994 when our annual turnover was less than £20,000. Since then we have steadily grown with our current turnover being in excess of £3 million and rising.

Over the years we have been approached by many accountancy firms looking to attract our custom. None have been able to match the rates Horner Downey offer, and, although we have never moved I sincerely doubt any would match the service. We look forward to many more years to come…”

Lawson Archer

“Horner Downey’s efficient, professional, yet friendly, help and advice has helped my company flourish and given me peace of mind that my personal and corporate affairs are in good hands.”

Steve Cullen

“If you are looking to engage a professional, efficient and cost effective firm of accountants who can provide excellent service in a friendly and timely manner, then look no further.”

Stephen Ellis

“Since moving services to Horner Downey 2 years ago I have found the team to be polite, professional and approachable. My requests are dealt with in a timely and efficient manner and nothing is too much trouble.

I have happily recommended their services to friends and business associates. A pleasure to work alongside people who are committed to offering good service similar to Fraiche.”

Marc Wilkinson