Compact Services

  Accountancy Services

Compact Services provides professional accountancy, book-keeping, payroll and management accounting services to small and medium sized businesses which do not have an in-house accountant.

Key Benefits

  • A service customised to meet your specific requirements
  • Free up your time to concentrate on running your business
  • Ensure your accounts comply with government regulations
  • Improved information
  • Access to a wide range of skills

Full list of Accountancy Services

Our services are available for Sole Traders, Partnerships and Small to Medium Companies:

  • Financial Accounts Preparation
  • Management Accounts
  • Business Planning
  • Income Tax Returns
  • Value Added Tax
  • Book-keeping
  • Training
  • Payroll
  • Computer Systems

Financial Accounts Preparation

Preparation of annual accounts, profit and loss account, balance sheet and cash flow from your ledgers/computer system.

Management Accounts

Reliable and meaningful monthly management accounts provide the key information required for control and future planning.

Most of our clients appreciate a personal consultation to discuss the management accounts, which promotes greater understanding of exactly what the figures mean. Our expertise at spotting potential problems and advising on their correction/avoidance has proved invaluable to many businesses.

Business Planning

Expert business support advice is invaluable, whether you are planning a small improvement to a specific area or a major restructuring of your business. We can advise you on all aspects of running your business such as; financing, costing, and the feasibility of computerisation.

Income Tax Returns

We will prepare your business and personal income tax returns and file them electronically.

Value Added Tax

You deliver your records (manual or a backup of data on disk) to us and we will check that your records have been completed in accordance with current VAT regulations and prepare your VAT 100 workings.

Many of our clients prefer a personal visit once a quarter when we do all the checks and workings on site, providing the client with instant feedback and solutions to any problem areas.


Businesses which do not have their own accounts department can take advantage of our book-keeping skills and computerised systems. The type of service is varied to suit individual requirements.

We will keep all your accounting information on our own computer system where we enter your customer, supplier, banking and petty cash records monthly, quarterly or annually, according to your needs. This can be done on our premises or yours.


Our J.E.B. T.dip.I.T. qualified trainer has many years experience teaching individuals and groups of up to 12 people in basic computer use, Microsoft Office applications and our own WAY and KIT computer systems.

If you have some computer skills, we can provide you with a copy of our software and the training to enable you to enter your own customer, supplier, banking and petty cash records.

Alternatively, we can help you to set up and maintain your own basic records manually.


Our computerised payroll system provides a speedy and reliable service to our clients nationwide. A wide range of customisable reports are available analysing your payroll as appropriate to your business.

You provide authorised timesheets by fax, e-mail or post and we return payslips and summaries to you the next working day. Individuals can be paid weekly, fortnightly or monthly.

We take care of Statutory Sick Pay, Statutory Maternity Pay, Working Families Tax Credits, Student Loan deductions and holiday pay.

We manage all Inland Revenue returns including PAYE/NI monthly or quarterly payment summaries, P45's and all year end returns.

Computer Systems

Our own WAY Accounting Suite and KIT Costing System have been in use since 1988 in businesses nationwide. We can advise you on the feasibility of installing computer hardware and software for your accounting requirements and for all aspects of business control.