While manufacturing has been around for centuries, entrepreneurs are taking a contemporary approach to how their companies are run, and Virgate is the perfect companion to serve up success with our approach to accounts.
Industries
Virgate collaborate with other food and drink manufacturers, as well as independent homeware businesses that are looking for a finance team that will fit around you.
Breweries and drinks manufacturers are finding new routes into the market with e-commerce sales made direct to customers and clients. They are taking control of their output and pouring in their own sales tactics with customised solutions that are tailor made by our dedicated team. In the UK there are over 2,500 breweries and Virgate has assisted multiple sites and independent manufacturers with their entire financial department with daily, weekly, monthly, quarterly and yearly services that best suits them.
SMEs in other food and drink industries, as well as homeware, are also witnessing an increase in the demand for high-quality goods as customers are looking to support new businesses. Our sophisticated systems can link in with manufacturing databases and integrate your inventory output to a clear and consistent set of numbers that make sense. This includes bringing together programmes such as Xero and Unleased for a greater outcome that our dedicated team will be able to deliver.
Our service include:
Management Accounts
- Live dashboards for GMs
- Monthly Management Accounts Pack
- Weekly balance sheet reconciliations
- Cashflow forecasting
- Performance forecasting
- Annual budget setting
Bookkeeping
- Processing Sales data
- Processing Purchase Invoices
- Processing Staff Expenses
- Dealing with all supplier correspondence
- Daily reconciliation of bank accounts and credit cards
- Ensuring all invoices are approved by the relevant people
- Monthly Payment runs
Payroll
- Deputy set up
- Routine payroll processing & submission to HMRC
- Process starters & leavers
- Payslips created and emailed to staff
- Pension management
- PAYE payment to HMRC each month
- Preparation & filing of P11D returns
Compliance
- VAT returns produced, filed and paid to HMRC
- Annual accounts prepared & filed with Companies House
- Corporation Tax returns prepared, filed & paid to HMRC
- Companies House Confirmation Statement filed each year
- Changes in shareholdings submitted to Companies House
Virgate
Here is a snapshot of the service we provide
With around the clock calculations, we are proactive in every sense, going that extra mile for maximum monetary results. It is not a one-size fits all solution that we adapt, our determined team present a bespoke package that will benefit your business.
Free software goodies included:
Daily
Invoice processing
Liaising with your suppliers
Reconciling bank accounts
Handling POs and invoice approvals
Weekly
Payments to suppliers
Payroll
Cash and card income reconciliations
Balance sheet reconciliations
Monthly
Payments to suppliers
Staff expenses reimbursement
Management accounts pack
Payroll and pension processing, payslip creation and payments
Quarterly
Cashflow forecasting
VAT returns produced and filed with HMRC
High-level business review (including detailed cost review)
Yearly
Budget setting
Annual statuary accounts
Filing of Confirmation Statement with Companies House
Corporation Tax returns
Audit pack for year-end accounts
How it works:
Accept Proposal
Data Handover
Meet your team
Plug in complete!
Virgate
Case Studies
Get in touch with Virgate Accounts. Email hello@virgate.co.uk or call 01452 226111 with your questions and queries.