Factsheets.
A library of concise summaries of information. Pick a category below or search for a specific topic — and please contact us if we can provide further help and guidance.
All factsheets
Bribery Act 2010
Under the Bribery Act 2010 it is an offence for organisations to 'fail to prevent bribery'. The defence against this offence is to ensure that your business has adequate procedures in place to prevent bribery. If your business is in the London or surrounding areas we, at Finance
Company secretarial duties
Certain information about a company must be publicly available including, for example, the company's annual accounts, registered office address and details of directors, company secretary (if there is one) and members. Providing and updating this information has historically been
Criminal Finances Act 2017 and Economic Crime and Corporate Transparency Act 2023
The Criminal Finances Act makes companies and partnerships criminally liable for failing to prevent tax evasion. At Finance Wise Accounting Ltd, we can provide guidance on the key aspects of the Act and the implications for your business in the London area.
Directors’ responsibilities
Becoming a director carries with it potentially onerous duties. Make sure you know what those duties are. If you are located in the London area we, at Finance Wise Accounting Ltd, can provide professional advice to help you fulfil your duties and obligations.
Franchising
We consider the advantages and disadvantages of franchising and operating issues. If you are considering entering into a franchise in the London area we, at Finance Wise Accounting Ltd, can help with business plans and provide independent advice.
Fraud and how to spot it - ten step guide
How can you increase your awareness of the factors that indicate fraud? We also set out the defences that you can implement to minimise the risk within your business. If your business is in the London area we, at Finance Wise Accounting Ltd, can help you consider the areas of you
Grants
Grants are sums of money awarded, by the government or other organisations, for a specific project or purpose. Generally the amount is not repayable. If your business is in the London area we, at Finance Wise Accounting Ltd, can help you find an appropriate source of grant funds
Micro Entity Accounting
This factsheet considers the options available to micro entities when preparing their accounts. At Finance Wise Accounting Ltd, we can provide guidance on the options available and their implications in the London area.
Preparing for your accountant
Thank you for allowing us, at Finance Wise Accounting Ltd, to provide you with a service in the London area. Whether we are producing your accounts or carrying out tax compliance work, being prepared for us will ensure our work is carried out smoothly and efficiently and with the
Register of people with significant control
All companies are required to keep a Register of People with Significant Control (PSC) and to file relevant information at Companies House. At Finance Wise Accounting Ltd, we can provide guidance on PSC obligation in the London area.
Running a limited company
Running a limited company presents a range of unique challenges and responsibilities. At Finance Wise Accounting Ltd, we can provide guidance on the rules regarding the reporting and financial responsibilities in the London area.
Securing business success
Here are the reasons for business failure. If you are considering, or have recently started a business in the London area we, at Finance Wise Accounting Ltd, can assist you in developing management information so that you can avoid many of the reasons for business failure.
Small Company Accounting
We consider the reporting requirements and their impact. At Finance Wise Accounting Ltd, we can provide guidance on the reporting standards in the London or surrounding areas.
Valuing your business
There are a number of methods available to calculate the value of a business. It is not a precise science but requires experience and judgement. If your business is in the London area we, at Finance Wise Accounting Ltd, can help you value your business and help you develop an exi