WatsonCo Chartered Accountants
Croft House Farm
Croft Marsh Lane
07949 64 65 65
Congratulations! You have found the best value accountants in East Lincolnshire. WatsonCo Chartered Accountants is a small Chartered Accountancy practice in the Skegness area.
Our range of services isn’t dissimilar to other accountants in the area. We prepare annual accounts; interim management accounts; profit and loss forecasts; annual budgets; breakeven calculations; sensitivity analysis – basically whatever you need.
Within our tax services, these include self-assessment tax returns; partnership tax returns; company corporation tax returns; and VAT returns. As well as returns we also provide guidance in all matters where tax is involved. This might include consideration of trading status (i.e. trading as a company or as an individual); calculation of capital gains tax and inheritance tax; salary versus dividend calculations; VAT registration and VAT deregistration; VAT partial exemption; capital allowances including annual investment allowances.
We also conduct payroll processing for clients. This can be weekly payroll; fortnightly; monthly; or any period to suit you. The RTI (Real Time Information) changes implemented by HMRC in 2013 have increased the pressure on employers to ensure payroll entries are filed on time. Our services take the hassle away and we will provide you with detailed reports and payslips to make the relevant payments to staff and HMRC.
Other guidance available includes employment contracts; managing staffing issues such as disciplinary matters; recruitment; remuneration planning.
New start-up businesses can also benefit from getting the right guidance at an early stage. There are a lot of factors to consider at the start of a new venture including who to notify; how to trade; how to keep records; how to buy assets, etc.
The firm is led by Mark Watson, a chartered accountant and finance director with 15 years in the industry and 10 years post-qualification experience.
Having been trained by probably the best accountants in Lincolnshire, Duncan & Toplis, Mark left the practice in 2010 to build his commercial awareness and expertise. This allows WatsonCo to provide your business with the ideal balance of accountancy and taxation advice together with commercial guidance such as management of operations; efficiencies; business plans and much more.
So why choose WatsonCo over other firms such as Duncan & Toplis; Haines Watts; Dexter & Sharpe; Forrester Boyd? Two main reasons really. Firstly, you will have one point of contact so your business won’t be passed around the office depending on the services you need. Yes, “many hands make light work” but equally “too many cooks spoil the broth”. Secondly, as we don’t have a big ‘High Street’ office, we can afford to keep our fees really low. In fact, we’ll beat any like-for-like quote. You will be surprised at what you can get for your money so be savvy, stop throwing your money away and give us a call.
Training, qualifications & experience
Having completed stages 3 and 4 of AAT, I progressed to the ICAEW Chartered Accountant route. In 2006, I completed my final exams to become a fully fledged Chartered Accountant so have no achieved the coveted Fellowship (FCA). I gained over 8 valuable years' experience as a corporate manager at Top 40 firm Duncan & Toplis and this gave me the skills, both professionally and inter-personally to go it alone and share my knowledge with local businesses.
In 2010, I decided that I needed to broaden my expertise and move into the commercial world. This helped me to develop other business skills such as business planning, workflow efficiencies, human resources, IT, contract management, to name just a few.
Member organisations *
Areas of accounting we deal with
- Business advice and support
- Business opportunities
- Business plan
- Business review
- Business valuation
- Buy a business
- Capital Gains Tax
- Corporation Tax
- Income tax
- Limited companies
- Management accounting
- Mergers and acquisitions
- Personal finance
Fees range according to the technicality of the work to be undertaken but I guarantee to beat any quote from any qualified accountant in the local area.