Financial Offerings – Luminary Media

Luminary finance

Simplify your finances with expert solutions, clear insights, and tailored strategies that empower your business to thrive.

1. Bookkeeping and Accounting

Stay on top of your finances with effortless accuracy. Feel the peace of mind that comes from knowing your books are meticulously managed, giving you the freedom to focus on growing your business.

Accounts Payable and Receivable Management

Process and track invoices/payments
Manage vendor and customer accounts

Bank Reconciliaton

• Reconcile bank statements with internal records
• Ensure accurate cash position reporting

Preparation of Financial Statements (Internal / External | profit &loss, balance sheet etc)

Generate profit and loss statements
Produce balance sheets
Create cash flow statements

Cash flow management and forecasting

Monitor and analyse cash flow patterns
Develop cash flow projections
Provide strategies for improving cash position

2. Tax Services

Simplify your taxes and maximize your savings. Experience the relief of stress-free tax management, with strategies designed to keep your business compliant while optimizing your returns.

VAT registration and filing

Handle VAT registration process
Determine appropriate VAT scheme (Flat, Accrual, Cash-Basis etc)
Ensure compliance with VAT regula<ons

Preparation and submission of VAT returns

Prepare and submit VAT returns | Calcula<ng VAT liabilities
Manage VAT payment schedules
Import / Export / EORI / HS Tariffs & Codes

Self-assessment tax returns for individuals and sole traders

Prepare tax returns for individuals and sole traders
Identify applicable deductions and credits
Ensure timely submission to HMRC

Corporation tax filing for limited companies

Calculate corpora<on tax liabilities
Prepare and submit corporation tax returns
Advise on tax-efficient strategies

3. Payroll Services

Streamline your payroll and keep your team happy. Feel the satisfaction of delivering error-free payroll, ensuring your employees are paid on time and with complete accuracy.

Payroll Processing for Employees

Calculate wages, salaries, and deductions
Process regular and one-off payments
Generate P60s and reports

PAYE (Pay As You Earn) management

Implement and maintain PAYE system
• Calculate income tax and Na<onal Insurance
• Submit real-<me informa<on to HMRC

National Insurance contribu;ons

Calculate employee and employer contribu<ons
• Ensure accurate deduc<ons and payments
• Handle Na<onal Insurance-related queries

4. Financial Reporting and Analysis

Turn numbers into insights for smarter decisions. Enjoy the confidence of having clear, actionable financial reports that empower you to make informed choices for your business.

Periodic Financial Reporting

Prepare monthly, quarterly, and annual reports
Analyse financial performance trends and provide insightful recommendations

Budgeting and financial forecasting

Develop comprehensive budgets
Create financial projections
Assist in strategic financial planning

Key performance indicator (KPI) tracking and reporting

Identify and monitor key performance indicators
Create KPI dashboards and reports
Analyse KPI trends and impacts

5. Compliance and Advisory | Consultation

Navigate regulations with ease and stay ahead of the curve. Feel secure knowing you’re fully compliant, with expert advice that helps you adapt and thrive in an ever-changing financial landscape.

1) HMRC compliance and liaison

Ensure adherence to HMRC regulations
Handle HMRC inquiries and audits

2) Company formation and registration with Companies House

Company formation and registration with Companies House
Handle registration with Companies House
Advise on appropriate business structures

3) Business tax planning and advisory