Lyness Accountancy Practice

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'It is no surprise and totally deserved that Lyness Accountancy Practice are the only people to ever to win the prestigious AVN Firm of the Year Award two years in a row... More...

Steve Pipe
AVN, Chairman
Former Entrepreneur of the Year'

SEE AND HEAR WHAT OUR EXISTING CLIENTS ARE SAYING ABOUT US

BizWatch™

Lyness Accountancy Practice are members of the Spectrum Business Alliance, click here to learn more...

Matt Graduates With The Champions
02 August 2006
Oldbury’s Lyness Accountancy Practice celebrated another notable achievement when Client Manager Matt Bakewell attended the Institute of Chartered Certified
Accountants Graduation Ceremony at The University of Birmingham More...

‘Recognition for Oldbury Director of First Impressions’
21 March 2006
The recent AVN The Accountants Annual conference at the East Midlands Conference Centre saw Diane Flavell of Oldbury’s Lyness Accountancy Practice presented with the coverted Employee of The Year award by motivational speaker and former Olympic Coach Frank Dick OBE.
More...

Midlands Treasure Hunt Makes A Difference
23 November 2005
Barnardo’s is set to benefit from a treasure hunt around the West Midlands held on 28 October, organised by Oldbury based firm Lyness. The event has been planned to coincide with Make A Difference Day and raise awareness of local volunteering opportunities. More...

Black Country company chosen as Investors in People Champion
23 November 2005
The Minister for Skills, Phil Hope, today announced that Lyness Group, based in Oldbury, is amongst eight UK organisations chosen to be this year’s Investors in People Champions. More...

QUALITY AT FOREFRONT
05 July 2005
Clients can rest assured quality is at the forefront of the service they will receive

from Roy Lyness and his team at Lyness Accountancy Practice. Obviously this means they have peace of mind that their financial and taxation affairs are in safe hands.
More...

It’s A Marathon Not A Sprint
19 April 2005
Business owner Roy Lyness joined Martin Lyness and Steve Hill in running in the London Marathon, a first marathon for each of them, raising an impressive £4,000 towards the overall target. More...

It All Adds Up To A Marathon Challenge
20 January 2005
A firm of Accountants from Oldbury has entered three of their team in this year’s London Marathon to raise money for charity... More...

Meet the Accountant who’ll help drive your business forward.
10 January 2005
There are myriad reasons why businesses fail, but one of the most common is owner-managers failing to take decisive action when financial problems occur... More...

Accountants Recognised For People Development Again
10 November 2004
Oldbury firm Lyness Accountancy Practice have been announced as finalists in the “Best of the Black Country Awards 2004, Developing People and Skills Award.”... More...

Have you got a clear idea of what you want to achieve in the coming 12 months.

As a BizWatch™ client you'll have all the tools you need to track your progress throughout the year and to assess how that will affect your results in the coming months.

Because you'll receive an early warning as to both upturns and downturns against your budget you'll be able to take informed strategic decisions on future trading.

For instance you may need to increase activities in certain areas to correct any shortfall or you may need to undertake some serious tax planning if your performance is way over budget.

As a BizWatch™ client you'll receive:

| Annual Accounts

| Quarterly or monthly management accounts

| Annual Profit and Cashflow forecasts

| Quarterly review meeting

| Pre year end tax planning review

At the beginning of each year we'll work with you to develop profit and cashflow forecasts for the coming 12 months, then when the management accounts are produced the cashflows are amended for the actual results of the previous periods trading so that you'll be able to see the affect they will have on your projected profit and cashflow, and what results you can now expect to generate.

We'll also thoroughly review your management accounts with you, comparing your actual figures to your budgets to see where the differentials occurred.

As part of this process providing your book keeping software allows it your profit and loss forecast will actually be added to your system to allow comparison printouts to be prepared.

Your final quarterly review will also be used to discuss your projected profits for the year and the tax implications of those results suggesting ideas and strategies BEFORE your year end to mitigate your tax liability as much as is legally possible.

In addition you will also receive all the services you would expect from a traditional accountant including:

|      Audit certification (if necessary)

|      Accounts filed with both Inland Revenue and Companies House

|      Inland Revenue Form CT200 preparation and submission

|      Personal Tax Returns

|      P11d preparation and filing

|      P35 preparation and filing (if necessary)

|      P14 and P60 preparation (if necessary)

|      Companies House Annual Return Submission

|      Statutory Books upkeep

|      Hosting your registered office (if you want us to)

|      Professional Fee Protection

|      Monthly Proactivity Service

|      Unlimited taxaction helpline

|      FREE access to self development library

|      FREE access to your wealth manager

|      Newsletter

|      Taxability review

|      Financial performance review

|      Quarterly VAT Returns

|      Payroll

Summary

BizWatch™ from Lyness Accountancy Practice will give you access to one of the most complete business monitoring services around, in most cases it will be like having your own Financial Director but at a fraction of the cost (a fully qualified Financial Director is likely to cost you £35-40,000 per year)

You'll know of potential problems for your business in advance of their impact, to give you time to do something about them because your forecasts will be updated on a regular basis.

Through BizWatch™. you will have access to our entire team who will do their utmost to ensure you have everything you need to monitor your business effectively.