Accounting
We have been supporting owner managed businesses and sole traders, to private clients, regulated entities and trustees in Jersey for over 50 years.
Our dedicated team have decades of experience handling financial records, preparing financial statements and ensuring that your employees are paid accurately and on time.
Working closely with our tax team to achieve filing deadlines we can offer a full dedicated business services, or outsourced tasks and project engagements to meet your specific needs.
You can find specific information on a number of our services below. If you would like more information, please don’t hesitate to get in touch with one of our advisors.
Bookkeeping
Whether you want to do your own bookkeeping using Xero or QuickBooks or outsource the task to us to free up some time, we can help. Our team offers flexible solutions for the preparation and submission of GST returns, record keeping, bank reconciliations and timely, reliable reporting to aid cash flows and key performance metrics.
Year-end Financial Statements
Did you know that ALL Jersey-incorporated companies will be required to file annual financial statements with the tax office for the year ended 30 November each year?
We have over 40 combined years of experience in preparing financial statements for local and international clients. We use market-leading software which produces professional accounts which comply with the latest regulatory standards in the UK (FRS 102) and Worldwide (IFRS).
Payroll
Our team can remove the stress of preparing payroll for your business. We will help with monthly or weekly payroll tailored according to your business including payslips, Social Security, ITIS and Manpower returns.
Management Accounts
Want to know how your business is performing but don’t have the time? We can prepare financial information to assist you in making business decisions and assess your company’s performance. Working to your timelines, we will give you the metrics you need to create an informed strategy designed around your business.
Invoicing and Debtor Management
Invoicing is time-consuming. Do you really have time to chase? From creating and sending your invoices to managing your aged debtors, we can take the pressure away from you and ensure that you don’t have to worry about not being paid.
Nominated Persons
Our Nominated Person Services are designed to provide you with peace of mind. Every entity must have a nominated person. The nominated person is the main contact between your company and the Registry and is authorised to provide information and make submissions.
A nominated person has access through the GFSC’s digital registry, called “myRegistry”, to all the company’s public and private information, including the details of the beneficial owners and controllers.
The nominated person will submit the annual confirmation statement and provide dividend vouchers, minutes, and solvency statements.
Liquidations & Dissolutions
Solvent liquidation, also known as a members’ voluntary liquidation, occurs when a company is financially stable but wishes to close efficiently. Statutory filing requirements under the Jersey Company Law can be complex, but we are here to help.
The appointment of a liquidator to distribute Company assets to shareholders or investors reduces the burden on the Company’s Board and provides a layer of independence giving comfort that the distribution of assets has been fairly handled.
Liquidation Services for Solvent Companies:
- Financial statements – Financial statements to bring the Company into good standing.
- Statements of assets – Statement of assets and liabilities to assist with a statement of solvency.
- Filing requirements – Filing requirements under the law with the Jersey Financial Services Commission (JFSC).
- Distribution of assets – Distribution of assets to creditors.
- Official Notice – Placement of official notice.