Counterculture’s approach to finance is to make it work effectively in the simplest possible way.
We understand that finance exists solely as a means to help realise the strategy and vision of an organisation and our goal is always to ensure that the finances of a business are:
– Useful to the Board and Management
– Efficient and effective
– Compliant with current legislation
Organisations are increasingly turning to external advice, either because their business is too small for a full-time finance director, or because of the independent perspective an experienced finance professional brings.
Counterculture’s work is tailored to each client’s level of need – from a few hours of specialist help each year to several days a week.
Our offer includes:
– Finance Director Service
– Finance Function Review
– Financial Consultancy
– Helping with Change
– Finance Operations Service
– Annual Accounts Preparation
– Charity Independent Examinations
– Tax Returns and Advice
See below for more details on each category:
– Preparation of annual accounts and management of the year end process
– Management of the annual audit
– Monthly management accounts
– Business planning & budget preparation
– Strategic planning
– Board reporting
– Risk management
Finance Function Review
An internal review consists of investigating processes and procedures. We report back with practical recommendations on areas from cash handling to suitable accounting systems.
Working with organisations to advise on business decisions. This might be developing a business case to support a proposition for a new activity, or assessing risks and benefits of discontinuing an area of work. Alternatively we may be providing support on developing a strategy to build reserves and the sustainability of an organisation.
– Recruitment of new staff
– Interim services whilst change is occurring
– New systems implementation
– On-off support on specific projects, for example dealing with Gift Aid, VAT registration or setting up a trading company
Finance Operations Service
From day-to-day transaction processing, payroll, and VAT to monthly management accounts, we can provide cover for all elements of an organisation’s finance needs.
For charities with a turnover below the audit threshold, Counterculture carry out independent examinations of their annual accounts. We have registered members of ACIE and carry out examinations for both incorporated and unincorporated charities. Exminations can be carried out on- or off-site and are undertaken by qualified accountants.
Annual Accounts Preparation
Using your accounting system data, we produce accounts compliant with the SORP, and suitable for filing with the Charities Commission and Companies House. With forward planning, we can file your accounts online with Companies House using specialist software.
We can file Corporation Tax returns for charities online. More charities are receiving notices to file CT600s and we can do this for you in the required format.