COMPANY PROFILE
About The Avanti Group (UK) Ltd
The Avanti Group (UK) Ltd, was originally established in 1999 as simply, ‘Tax Accountants’. Since then, to enable us to serve the total business requirements of our clients, we created a Group of companies, comprising: •
Avanti Tax Accountants
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Avanti Networking
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Dataspeed Software
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Avanti Tax Accountants Franchise
Each firm within the group is a family-run organisation and our highly experienced Qualified Practising Accountants, Tax Advisors and Directors understand the importance to our clients of being approachable, friendly, yet professional.
Our Management Team: Victoria Sharp: Steve Fenn: Jan Fenn: Paul Newson:
Group Managing Director Director Director of Administration Operations Manager
Are your professional partners friendly & approachable? We are!
A full working accountancy practice As well as providing Accountancy Franchise opportunities throughout the UK, our Head Office based in Ipswich is a full working Practice with a team of 10, supporting clients and franchisees. By using the most up-to-date software and systems, we ensure you receive the very best attention – supported by our ethos of “Modern Services with Traditional Values”. Our compliance regimes - both internal and external - require The Avanti Group (UK) Ltd staff to complete on-going and frequent Continued Professional Development. Coupled with working within strict codes of professional conduct and competence this ensures that The Avanti Group (UK) Ltd maintains the highest standards and integrity, which is reflected in the quality and range of services we offer. As a proactive firm, we at The Avanti Group (UK) Ltd do become involved with our clients’ businesses, understanding their day-to-day needs and the constraints that a hectic work schedule imposes. This enables us to tailor our services to suit the individual needs of each business.
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COMPANY PROFILE
USP, Vision & Mission Statement What makes us unique? Our USP
‘A unique combination of modern services and traditional values, provided by a team of vibrant,
colourful experts in their field’
Our Vision “To be instrumental in helping UK businesses realise their full potential and thrive, through our
proactive and innovative approach to business support and development.” In Partnership with our clients, we continuously strive to maximise their profits and minimise their taxes; together with optimising their business profile by providing connections to networking contacts. Whilst we continue to cultivate long-term relationships based on traditional values; we help our clients attain their goals by providing an excellent resource to all who need our assistance from the various professional services we are able to provide.
Mission Statement “Our range of professional services, delivered by a team of friendly, vibrant individuals, empower business owners to achieve their goals by enabling them to get on with what they do best.”
We provide a proactive service, using the most up to date software available. Our team of committed, experienced professionals within The Avanti Group (UK) Ltd, are passionate about helping our clients achieve their goals. The services we offer cover many industries from business networking, accountancy & taxation to bespoke software development .
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COMPANY PROFILE
Culture Statement Sincerity
We are genuinely in business to provide the very best service possible to our clients, to help them achieve their goals.
Honesty & Integrity We will not embellish the facts but ensure our clients are given the full facts in all matters.
Passion We are passionate about the goals of our own company as well as our clients’ and are proud of our professional yet fun approach to accountancy and taxation services.
Excellence Accuracy is vital and we strive to achieve excellence in all that we do.
Reliability We must be reliable, meet deadlines, and be available for clients when they most need us.
Referrals We want to provide a service that our clients will refer to their colleagues, friends and family – there is no better ‘thanks’ than referring our services & we recognise that fact by always saying thank you.
Proactivity We will provide a proactive service that helps our clients in their day-to-day business, as well as their personal and financial challenges.
Approachable We will be approachable, friendly and we will not use jargon that clients cannot understand. Our clients are comfortable to ask us any questions!
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COMPANY PROFILE
Education We learn from our mistakes. We constantly strive, grow and master to help fellow colleagues and clients. We are educators and allow clients to make their own intelligent decisions about their future, remembering it is their future. We impart practical and usable knowledge.
Team Whenever we interact with another member of the team, we treat them at least as well as we would our best customer; with politeness, courtesy and the desire to help them achieve their personal goals.
Client Satisfaction To ensure that all customers benefit fully from The Avanti Group (UK) Ltd feedback is monitored and the products and services we supply are continually improved in response.
Pride We are proud of the business we work for and its achievements. We take pride in the knowledge that our business is helping others to achieve their goals
Positivity Positive thinking is contagious. People around you pick up on your attitude and are affected accordingly. We think about happiness, good health and success for our firm and our clients.
Attitude We believe it is our attitude towards our clients and not just our aptitude that determines our own company’s altitude.
Leading-Edge All services from software development through to accounts and tax preparation, are recognised as an established methodology and are thoroughly tested before release.
Are your business partners proud to shout out their company culture? We are!
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In addition to our community-minded values and culture, we provide:
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Book-keeping / VAT / Payroll / Accountancy & Taxation services
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Business Networking opportunities
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Bookkeeping and tax based spreadsheet applications
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Reminders of important dates & deadlines
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Planning and consultancy meetings
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Regular Group information e-newsletters
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Complimentary email/telephone advice helpline
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A quick response to emails & telephone messages where possible
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Invitations to business information seminars
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Services tailored to meet clients’ requirements
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A dedicated team assigned to each client
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Convenience - we can meet you at your premises or our offices.
And, we do all of this in a friendly and approachable manner!
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COMPANY PROFILE
Why choose The Avanti Group (UK) Ltd?
COMPANY PROFILE
Accountancy & Book Keeping Our popular Accountancy Service ensures that both your management requirements and statutory obligations are met. Accountancy, bookkeeping and taxation services are closely interlinked.
If the Avanti Group (UK) Ltd compile your books of record then the annual accountancy services provided relate more to compiling that data into statutory formats for submission to the relevant authorities. If you keep your books of record yourself, this becomes a different procedure altogether; often involving more intensive work to evolve your records into statutory documents that form the basic computations of taxes due to be paid. As fellow members in practice of the Association of Accounting Technicians (FMAAT), members of the Institute of Certified Practicing Accountants (ICPA), the Federation of Tax Advisers (FTA), The Avanti Group (UK) Ltd are able to call on the expertise and support of Chartered Certified Accountants and tax specialists should the need arise; whilst at the same time being totally independent and able to offer a personal and friendly service. Management accounting is also linked very closely to bookkeeping, providing a “snapshot” of your business’s financial situation on a periodic basis, highlighting any potential challenges that may arise in the not too distant future.
Does your tax accountant provide a pick ‘n’ mix of services? We do! The Avanti Group (UK) Ltd can provide a pick ‘n’ mix of bookkeeping and accountancy services starting from simple record keeping and data entry where, on an agreed periodic basis, you provide your prime documents such as bank statements, paid invoices & cash receipts and compile your books of record in the format required by HMRC. This can be dealt with every quarter ensuring that the correct amount of VAT is accounted for and the return compiled. We also provide the option of full management of all accounting functions, where, following data entry, The Avanti Group (UK) Ltd will chase your debtors, pay your suppliers, manage your bank accounts, credit card and loan accounts. In the case of Shareholding Company Directors we would ensure that the Director Loan accounts are correctly handled and dividends distributed in a timely and tax efficient manner. We also report regularly on the financial state of your business to keep you appraised of its financial position.
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COMPANY PROFILE
Company Secretarial Bureau
Limited Companies & Limited Liability Partnerships have some onerous legal responsibilities, which include many duties usually carried out by the Company Secretary. The Companies Act 2006 is one of the largest pieces of legislation ever passed into law. The Avanti Group (UK) Ltd are able to assist with our fixed-fee service that provides:
Formation of companies: •
Checking availability & purchase of desired company name
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Registering at Companies House
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Company name
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Serving directors and other interests
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Serving Company Secretary (when required)
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Registered Office details
Registering with HMRC: •
Company details
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Serving directors
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Shareholders and the relevant shareholding
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Registered Office details
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Trading office details
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Payroll
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‘Agents of Record
We are now also able to offer Financial Director status – providing you with a hands on approach to your financial requirements!
Company’s Internal Records: •
Maintaining the company’s Register of Persons with Significant Control
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Creation of Company Register
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Resignation of first Director & Company Secretary
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Stock transfer of initial shares
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Issuing initial share certificates
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Recording debentures and relevant secured mortgages
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Recording of Director’s interests
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Initial company resolutions and minutes
Hosting of Registered Office: •
Annual Confirmation Statement
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Company resolutions and minutes of all statutory meetings as required
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Share issue and amendments
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COMPANY PROFILE
Payroll Bureau Payroll is one of the most important services offered by The Avanti Group (UK) Ltd. We have developed a fixed-fee payroll bureau that provides: •
Weekly, fortnightly, four weekly or monthly payslips: •
Hourly Gross or net-to-gross calculations / fixed salaries
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Statutory Sick / maternity pay / holiday / pension payments;
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Calculation of earnings attachments where required
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Monthly or quarterly P32 report of payments due to HMRC
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Employee history reports
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P35 record of taxes & NI paid during the year / P14 / P38
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Real Time Information reporting
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P11D(b) annual report of class 1A NIC due on employees taxable benefits
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P60 annual report on earnings and tax paid
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P11D & P9D annual report of taxable benefits received
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Checking and correcting employees’ tax codes
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Documents via email, or posted for a small fee to cover costs
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For Shareholders - Production of Dividend Vouchers
With our strong networking community, we have connections to highly recommended suppliers including; IFA’s for pensions; solicitors for legal advice and HR specialists for your Human Resources requirements – we strongly recommend you seek advice in all areas of employment before embarking on recruitment and we are here to help you every step of the way.
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COMPANY PROFILE
Taxation
As members of the Federation of Tax Advisers (FTA) and Fellow Members of Association Of Accounting Technicians (FMAAT), The Avanti Group (UK) Ltd are able to compile and submit Her Majesty’s Revenue and Customs (HMR&C) Tax Returns for all classes of businesses and individuals. From an SA100 personal return or a SA800 business return, to the more complex CT600 Corporation Tax Returns, with all relevant supplementary returns and pages when required. In the UK we are subject to an onerous self-assessment tax system that requires many different and complicated tax returns to be submitted, (we are the 7th most taxed nation in the world!) with the potential for over 6,000 questions to be answered correctly. Of course, each return is subject to deadlines and each carries fines and penalties for late or incorrect returns submitted, which can amount to 100% of the taxes due on enquiry and up to £60 per day for non-submission. Because of self-assessment you, or your company, is responsible for telling HMR&C what taxes are due. It is essential that income is declared correctly and more importantly, all relevant and allowable expenses are claimed. After all, who wants to pay more taxes than are due, purely due to not understanding what can and can’t be claimed? It is in this area where most people fail to identify whether an expense is business or personal. What happens if you or your company are unfortunate enough to be selected for one of the ever increasing enquiries into a submitted return? Remember, HMR&C are targeted to recover taxes and staff can now achieve bonuses based on their recovery rate! Without a specialist working for you, what chance do you have? And what about the cost? At The Avanti Group (UK) Ltd we have developed an insurance to pay the eventual fees you will have to meet to defend yourself (not outstanding tax, this cannot be insured against), which can be in excess of £5,000.
Ask about this valuable protection today to ensure peace of mind. We can assist you with planning, calculating and submitting returns for: •
Income Tax and NIC
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Corporation Tax & Capital Allowances
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Value Added Tax
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Capital Gains Tax
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Inheritance Tax
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COMPANY PROFILE
Budgeting, Forecasting & Business Valuations
A company’s organic development depends on the Directors having access to current information to assist them in their important decision-making processes. It is this, probably more than any other facet of business, where the Directors depend on their business partners, such as The Avanti Group (UK) Ltd, to provide up-to-date and proactive advice. Accurate budgeting is one of the cornerstones of a company’s successful fiscal management. It is often said that ‘cash is king’, and understanding the balances between revenue and expense is paramount to success. It should not be esoteric but fundamental. Planning is preparing for an event yet to happen, a purpose of mind to make certain that whatever befalls the company can be adequately dealt with. It is also often stated that past performance is no guarantee of the future. However, a thorough understanding of how and where revenue was achieved, and likewise expenses met, will assist a company’s future plans.
For example, ask the questions: •
What were my net profits?
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What were my staff costs in relation to our sales?
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How long is it taking us to collect on our sales invoices?
We can answer these, and many more questions, in an easy to understand format. You can choose if you wish to have the data portrayed statistically or graphically.
Our Profit Improvement Analysis takes the worry out of deciding: •
Do I increase my costs?
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Would it be best to reduce my expenses?
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What gives my business the most profit
Business Valuation Service It is vital to understand the value of your business whether you are considering a financial re-structure, looking to raise finance or equity or are planning to sell your business. When looking at the overall value of a business, there are a number of different valuation methods that we can use – from using earnings multiples, to calculating how much it would cost to create a similar business, asset valuation and so on.
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COMPANY PROFILE
Mentoring & Business Coaching
A good mentor has usually already been through what you might be going through and can therefore use their own experiences to guide you through. You can benefit from learning from their trials and tribulations and the experience they have gained in order to ‘fool-proof your own endeavours. After all, what can be more useful than taking the advice of somebody who has already made the mistakes! Not only is our Managing Director an accredited Mentor through the former Business Link, but our firm’s experience spans 26+ years of business. Why not take advantage and give yourself the edge with the support and guidance of an Avanti Mentor. Whether you need practical advice or a simply a sounding board, our mentors can inspire and guide you. If you’re a start-up then you’re probably on your own 95% of the time. How creative and valuable do you think you are all alone? You need a mentor to bounce ideas off, and wouldn’t it be great if that person you were bouncing these ideas off of wasn’t a family member or friend, but a seasoned professional who’s seen it all before? Being accountable to someone will also help you to aspire to be better, work harder and ultimately aim to improve your work ethic, hours, profile etc. If you want to achieve success faster and with less effort, using our mentor service might be your best option. We can fast track certain processes for you simply by utilising our contacts and relationships, we’ll also advise you on projects/endeavours that we believer are a waste of time….what could be better? Working with our strategic partners, we can also develop our mentoring services further and provide full Business Coaching support. This can be delivered on a 1-2-1 basis or through group coaching - whichever is most suited to you and your business.
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COMPANY PROFILE
Networking Word of mouth marketing is probably the best form of advertising for you and your business.
‘People buy people’ and prefer to do business with individuals or businesses that have been recommended to them. If you can only speak to one person at a time, imagine how your business can expand when you have 20 people recommending your services! Avanti Networking provides a vibrant, professional yet supportive environment for men and women in business. Our monthly meetings provide opportunities to engage with like-minded business owners from a wide range of industry sectors. We are committed to welcoming members and guests in a relaxed, mutually supportive environment. Our packed agenda is a busy two hours, with loads of opportunities to market your business and to learn from experts within their chosen profession. Making Avanti Networking a part of your marketing mix is a fantastic way to grow your business. Through it, you will gain access to hundreds of trusted suppliers from website designers to painters & decorators and builders to bankers. We have built our sphere of professional contacts through years of trusted service and aim to provide a se vice that our clients will refer to their colleagues, friends and family! We know from experience that there is no better thank you than referring our services but we go one step further by also using our clients services and recommending them to others – providing truly mutual respect
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COMPANY PROFILE
Monthly Networking Agenda Open Networking
At the beginning and end of each monthly meeting there is an open networking section. This is your opportunity to chat to your fellow networkers and get to know them better.
Business Card Swap Collect and hand out as many business cards as you can. So when you are out and about during the month you can provide the details of the person you are recommending.
60 Second Spotlight Tell us about you, your business, what you do and what you are looking for.
Networking Solutions Tips, advice, techniques, skills, or strategies to help you be a successful networker.
The Expert's Section We invite an expert within their profession to give business advice to the group. This may be anything from finance to marketing, from health & wellbeing to confidence techniques. After all being a healthy, confident person will help make your business healthy & successful.
I’ve Been Busy This Month...for Avanti! Tell us who you have been working with in the room, who you have referred business to, who you have met during the month. It’s an exciting & uplifting section of the meeting that just proves how well word of mouth marketing works.
One Minute Testimonial An opportunity to tell everyone how good someone’s services / products have been that you have used or referred on and received good feedback about.
News / Forthcoming Events Keeping your fellow networkers up to date, and letting them know about other business events that may be of interest and benefit to them.
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COMPANY PROFILE
Dataspeed Access & Excel Software Does your software save you time & money? Ours will!
Using software replaces outdated ‘paper based’ systems, however using software that is too complicated can often turn out to be time consuming and a waste of money. Our Dataspeed software provides bespoke software for Excel and Access in the form of easy to use programs covering all your financial needs, from cashbook and forecasting, to mileage and quotations. Because of the simplicity of using Excel spreadsheets the normal processes are not only quicker, but far more accurate: •
eCashbookPro Software
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eMyBasicTaxPro
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eExpensePro Software
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eCashFlowPro Software
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eForeCastingPro Software
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eProjectPro Software
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eBusinessAnalysisPro Software
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ePrivateLetPro Software
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eDividendPro Software
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Bespoke Customer Relationship Management (CRM) Database
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eMyBudgetPro Software
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