Accounting for Architectural Firms

How our Accountants can help you!

• Annual Accounts

  Our accountants can assist with the preparation of company annual accounts and financial records and have this prepared at the end of the financial year. These include

  • A balance sheet
  • A profit and loss statement
  • Notes about the accounts
  • A director’s report
  • An accountants or auditor’s report
• Project Accounting

  With project accounting, each job is treated as though it is a separate business, with its own set of accounts. This enables architects to control costs per project and manage their time and other resources effectively.

  This allows tighter control of the budget, and provides information to take remedial action if needed before costs spiral out of control.

  Managing the project can be equated to managing a small business, and the architect as the director. Project accounting gives them all the tools they need to stay on top of their finances.

• Financial Management

  Our professional accountants will be a valuable resource in advising on the best way to manage the business’ finance. In the same way that an architect can do much more than just produce design drawings, our accountants can do far more than just create end of year reports.

  It’s well worth drawing on their professional expertise to help optimise your financial management.

• R&D Tax Relief

  Our accountant can assisting with research and development claims and providing advice on how these can be maximised based on your activities.

• Cash Flow Management

  Work-in-progress and cash flow management enables you and your business to have accurate financial information which can make better business decisions and ensuring cash is available for the needs of the business.

• Full range accounting services for architectural firms
  • Accounts preparation for your business
  • Self-Assessment Tax returns if you are self employed
  • Managing complicated payroll for your business
  • Compliance with companies’ house filing requirements
  • Corporation Tax planning and advice
  • Value Added Tax (VAT)