Our Bookkeeping Services
At M&K Bookkeeping and Business Services, we provide a wide range of professional bookkeeping services tailored to the needs of small businesses, sole traders, and organisations.
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Our goal is to keep your financial records organised, accurate and compliant, giving you the time and confidence to focus on running your business.
Sole Traders & Landlords
We provide reliable bookkeeping support for sole traders and self-employed individuals, helping you keep accurate financial records and stay organised throughout the year. Our services include:
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MTD Readiness Support
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Recording business income and sales
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Processing business expenses
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Reconciling bank transactions
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Organising and maintaining financial records
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We also ensure that allowable expenses are properly recorded, helping you claim the correct tax relief where applicable.
Limited Companies
Limited companies are legally required to maintain accurate double-entry bookkeeping records. We can support your business by:
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Processing sales invoices and recording sales receipts
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Recording supplier invoices and allocating payments
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Reconciling bank transactions
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Recording journal entries
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Managing long and short-term liabilities
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Maintaining organised financial records​
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Preparing accurate records and reports to support your accountant with year-end accounts and tax submissions
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Liaising with your accountant where required to ensure they have the information they need
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This ensures your accounts remain accurate and ready for your accountant when preparing your year-end reports.
Not For Profit Organisations
We support not-for-profit organisations by maintaining accurate financial records and producing clear financial reports.
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Our services include:
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Income and expenditure reporting
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Cashbook management
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Financial record organisation
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Compliance with Generally Accepted Accounting Principles (GAAP)​
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This helps organisations maintain transparency and accountability in their finances.
Payroll Services
Managing payroll can be time-consuming and complex. We ensure your employees are paid accurately and on time.
Our payroll services include:
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Processing employee wages and salaries
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Calculating tax and National Insurance
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Managing deductions and benefits
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Submitting payroll information to HMRC
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Preparing required documents such as P45s and P60s
Construction Industry Scheme (CIS)
If your business operates within the Construction Industry Scheme, we can assist with:
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Filing monthly CIS returns
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Registering subcontractors
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Providing payment and deduction statements
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Assisting with CIS registration if required
VAT Returns
Under Making Tax Digital for VAT, VAT records must be kept digitally using compatible software.
We can help you:
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Maintain accurate digital VAT records
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Calculate VAT owed or reclaimable
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Submit VAT returns on time
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Ensure compliance with HMRC requirements​
Returns can be submitted monthly, quarterly or annually, depending on your business needs.
Sales Invoicing
Sales invoicing is an essential but often time-consuming task.
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We can manage your sales invoicing process by:
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Creating and issuing invoices
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Recording customer payments
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Maintaining accurate sales records​
This helps you maintain steady cash flow while freeing up your time to focus on your business.
Cash Flow Forecasting
Cash flow forecasting helps you understand the financial position of your business both now and in the future.
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We can create a bespoke cash flow forecast that helps you:
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Monitor available funds
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Plan for upcoming expenses
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Identify opportunities for growth or expansion
This provides valuable insight into the financial health of your business.
Credit Control
Effective credit control is essential for maintaining healthy cash flow.
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We can assist by:
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Monitoring customer accounts
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Checking credit reliability for new customers
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Encouraging timely payment of outstanding invoices
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Reducing exposure to bad debt
This helps protect your business from unnecessary financial losses.
Remote Bookkeeping Services
Many of our services can be provided remotely, making bookkeeping more efficient and convenient for our clients.
Using cloud accounting tools such as Hubdoc or Dext, you can upload receipts and documents directly from your phone.
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This saves time, keeps your paperwork organised and ensures important financial records are never lost.