Business Details
Trusted Accounting Services in Lincoln
At Spence Accounting, we provide comprehensive accounting and tax services tailored to meet the diverse needs of businesses and individuals. With a focus on accuracy and compliance, our experienced team ensures financial affairs are managed efficiently. Our services include annual accounts preparation, management accounts, tax planning, and Making Tax Digital compliance. We utilise leading software like Xero and QuickBooks to deliver technology-driven solutions that enhance efficiency.Our approach combines personalised support with a deep understanding of regulatory requirements, enabling clients to focus on growth while we handle financial complexities. We prioritise clear communication, fixed pricing, and proactive advice to build long-term partnerships. Our commitment to staying ahead of legislative changes ensures clients remain compliant and well-prepared for future challenges.
Services
Bookkeeping
Payroll
Business Support
Business Planning
Subscription Services
Highlights and features
- We offer tailored accounting solutions with fixed monthly fees for transparency.
- Our team utilises Xero and QuickBooks for accurate, cloud-based financial management.
- Proactive tax planning helps reduce liabilities while ensuring HMRC compliance.
- Personalised support from experienced accountants with industry-specific expertise.
- Flexible services adapt to business growth, from startups to established enterprises.
What people say
Full support for a decade
Wise advice and adjustments
Regular informative meetings
Helped maximise profits monthly
Friendly and approachable team
Services
Bookkeeping
Our bookkeeping services ensure accurate transaction recording, bank reconciliation, and VAT compliance. We offer flexible solutions, from DIY support to full-service management, using cloud-based tools like Xero. Fixed monthly fees based on transaction volume provide cost predictability for businesses of all sizes.
Payroll
We handle payroll processing, HMRC compliance, and secure electronic payslip distribution. Services include RTI submissions, auto-enrolment pensions, and custom payroll reports. Our eco-friendly approach reduces paperwork while ensuring timely, error-free payments for businesses of all sizes.
Business Planning
We create customised business plans with financial projections and market analysis. Our strategic planning includes forecasting, risk assessment, and continuity planning to support long-term growth. Services help businesses attract investors and make data-driven decisions for sustainable success.
Subscription Services
Flexible subscription plans combine bookkeeping, payroll, and tax services under one fixed fee. Plans are customisable to business needs, with dedicated support and proactive advice. Benefits include cost predictability, scalability, and compliance assurance through integrated financial management.
Management Accounts
We provide monthly or quarterly management accounts to enable real-time business decisions. Reports track performance metrics, cost management, and growth opportunities. This service helps businesses stay agile, offering insights into profitability and operational efficiency throughout the financial year.
Questions
What accounting services do you offer?
We provide bookkeeping, payroll, management accounts, tax planning, business planning, and Making Tax Digital compliance solutions.
How do you ensure HMRC compliance?
We stay updated on tax regulations, use approved software for submissions, and handle all reporting requirements for VAT, payroll, and annual returns.
Can you help with business growth strategies?
Yes, we offer strategic planning, financial forecasting, and business continuity services to support sustainable growth and informed decision-making.
What software do you use?
We work with Xero, QuickBooks, and Dext (formerly Receipt Bank) to provide cloud-based, real-time financial management solutions.
Do you offer fixed-fee pricing?
Yes, our subscription services and bookkeeping packages include fixed monthly fees based on transaction volume for cost predictability.