Business Details
30 Years
experience
Professional Accountants in Sheffield
Established in 1996, First Accountancy has built a reputation as a trusted provider of accountancy and business advisory services tailored to small businesses and self-employed individuals. Our team of professionally qualified chartered management accountants and incorporated financial accountants combines decades of industry experience with a client-centric approach, prioritising practical solutions over complex jargon. We specialise in financial compliance, RTI-compliant payroll processing, cloud accounting systems, and business start-up support, ensuring clients meet statutory deadlines while focusing on growth. Our fixed-fee structure eliminates unexpected costs, and we offer free initial consultations either at our Sheffield office or through site visits. We provide access to discounted or free accounting software including Sage One and QuickBooks Online, alongside comprehensive bookkeeping, tax return preparation, and auto-enrolment pension scheme assistance.Our services extend to business improvement strategies, cash flow projections, and management accounting, supported by expertise in both traditional desktop and modern cloud-based systems. We maintain strict compliance with HMRC and Companies House requirements, proactively alerting clients to submission deadlines to avoid penalties. Our commitment to transparency is demonstrated through free year-round email and telephone support, with no additional charges for routine communications. Having served clients from sole traders to limited companies, we combine local Sheffield-based knowledge with nationwide service capabilities through digital platforms. Our proven track record of reducing external accountancy costs by up to 30% for existing businesses underscores our value proposition of professional expertise delivered with approachable service standards.
Services
Accountancy Services
Financial Compliance
Cloud Accounting Systems
Payroll Processing
Business Start-Up Support
Tax Return Preparation
Bookkeeping
Auto-Enrolment Pensions
Management Accounting
Business Improvement Strategies
Details
- Year established: 1996
Highlights and features
- Established in 1996 with proven expertise in small business accountancy
- Fixed monthly fees with no hidden charges
- Free access to Sage One and QuickBooks Online software
- RTI-compliant payroll processing with no setup fees
- Proactive compliance alerts for HMRC and Companies House deadlines
Associations and certifications
- Sage
- TAS
- QuickBooks
Services
Financial Accountancy and Compliance
We provide comprehensive financial accountancy and compliance services ensuring businesses meet HMRC and Companies House requirements. Our team prepares annual accounts, tax returns, and VAT submissions while maintaining statutory deadlines. We proactively alert clients to submission dates to avoid penalties, combining traditional accounting expertise with modern digital solutions for sole traders and limited companies.
RTI Compliant Payroll Processing
Our RTI-compliant payroll processing handles weekly, monthly, or bi-weekly payrolls with fixed fees. We manage auto-enrolment pensions, produce payslips, and submit returns to HMRC while maintaining confidentiality of personnel information. No setup charges apply, with competitive pricing that often reduces costs compared to self-management.
Cloud Accountancy Systems
We support implementation and maintenance of cloud accounting systems including Sage One, QuickBooks Online, and FreeAgent. Our Sage and QuickBooks approved partnership status enables free software access for clients. We provide tailored advice on system selection and ensure seamless integration with business operations for improved financial management.
Business Start-Up Support
Our business start-up support covers company structure advice, registration, VAT setup, and business plan development. We offer free initial consultations to help new businesses establish proper accounting foundations, including payroll setup for 1-2 employees and cash flow projections to support sustainable growth strategies.
Business Improvement Strategies
We deliver business improvement strategies through financial analysis and performance measurement. Our services include cost control, investment appraisals, cash flow projections, and key performance indicator implementation. With senior management experience, we help businesses optimise operations and develop both short-term and long-term growth plans.
Questions
What accounting services do you offer for small businesses?
We provide comprehensive services including financial compliance, payroll processing, tax returns, bookkeeping, business start-up support, and cloud accounting systems for sole traders and limited companies.
Do you offer fixed fee accounting services?
Yes, we provide fixed monthly fees with no additional charges for routine services, ensuring predictable costs for our clients.
Can you help with cloud accounting software?
We support implementation of Sage One, QuickBooks Online, and FreeAgent, offering free software access to qualifying clients and expert guidance on system selection.
Are you HMRC compliant for payroll processing?
Yes, we provide RTI-compliant payroll processing with fixed fees, handling auto-enrolment pensions and statutory submissions to HMRC.
Do you assist with business start-up requirements?
We offer free initial consultations covering business structure advice, company registration, VAT setup, and cash flow projections for new businesses.
How do you ensure compliance with tax regulations?
We proactively monitor submission deadlines for HMRC and Companies House, provide compliance alerts, and maintain proper documentation to prevent penalties.
