NBAS Chartered Accountants Belfast |Northern Ireland


Small Business Accountant

A limited company is a "company in which the liability of each shareholder is limited to the amount individually invested" with shareholders having "limited liability for any debts incurred by the company". A limited company may be "limited by shares" or "by guarantee".  There are a few key steps that you need to take in order to become a limited company. Firstly, you need to register your company with Companies House. This can be done online, and you will need to provide some basic information about your company and its directors. Once your company is registered, you will need to set up a corporate bank account. This is so that your company's finances are separate from your personal finances. You will also need to prepare and file annual accounts with Companies House. You will need to comply with any other legal requirements that apply to limited companies in the UK.  Here at NBAS Accountants, we will be able to help you register your business from that of a sole trader to that of a limited company.  

There are a few key things you need to do in order to achieve financial freedom as a self-employed individual. Firstly, you need to make sure that your bookkeeping and accounting are up to date and accurate. This means keeping on top of your invoices, expenses and receipts, and ensuring that everything is correctly recorded in your accounts.

Secondly, you need to ensure that you are claiming all of the allowable expenses for your business. This can be a complex area, so it is worth taking some professional advice from a Chartered Accountancy firm such as ourselves.  We will make sure that you are not missing out on anything.

Thirdly, you need to have a clear understanding of your cash flow situation. This means knowing exactly how much money is coming in and going out each month, and having a good handle on your overall financial situation. This information will help you to make informed decisions about your business finances and give you the ability to plan for the future.

As a Chartered Accountancy business, NBAS Accountants are members of Chartered Accountants Ireland (thus are required to stick to a strict ethical and professional code of conduct).  

Yes indeed it is.  Many SME’S and larger corporate firms outsource their payroll to ourselves as there are many benefits to the companies themselves such as:

  • Saving time on Payroll Administration.
  • Reducing Accounting and Administration Costs.
  • Gaining expert advice from a registered Chartered Accountant.
  • Gaining enhanced Data Security.
  • Increased Efficiency and a Streamlined Process.

Yes, we offer a 1hour meeting which is FREE of charge where Nigel Beggs (the owner and founder) will meet with you to discuss our services and how we can help you with your accounts.  

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NBAS Chartered Accountants Belfast |Northern Ireland
Not just your accountant, but your strategic advisor.
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