Entrepreneurial Services

Our Entrepreneurial Services

French Duncan Entrepreneurial Services provides an advisory driven service to our many SME clients.  We ensure our clients meet their compliance obligations whether that be to HMRC, Companies House, banks or other stakeholders.

Throughout this process we are focussed on adding value.  By understanding your business and what makes it tick, we can help you understand the key financial drivers in your business and help map out a strategy to fulfil your goals and ambitions for your business.

We advise clients across a wide range of sectors with businesses set up in many different ways.   In our experience it is about building understanding and trust with our clients.

Our objective is to help our clients maximise their potential and to achieve this in the most effective and efficient way possible.

What we can do for you

All UK limited companies are obliged to prepare and file statutory accounts with Companies House. Sole traders and partnerships have an obligation to submit financial information to HMRC and in accordance with general accounting standards.

We will help you meet your statutory financial reporting requirements and, as part of our core service, we will:

  • Prepare annual financial statements in the required statutory format;
  • Assist in meeting Companies House filing deadlines for limited companies;
  • Electronically tag accounts to comply with HMRC iXBRL formatting; and
  • Liaise with our tax department to ensure information is complete to assist in meeting HMRC tax filing deadlines.

Our team offers a wealth of experience on the interpretation of this financial information and works closely with you to help you understand the financial results of your business. We will provide advice on how to use this information to help make decisions about how to grow and develop your business.

A business is expected to keep its accounting records to a certain standard and, for limited companies, company law states that it is the responsibility of the directors to maintain adequate books and records. We can help you meet this requirement. If an HMRC enquiry process commences, we can provide services to ensure your accounting records and systems are to the required standard. We offer a Tax Investigations Service, click here for further information.

Our experienced team can provide:

  • Full or partial assistance with your book-keeping function, maintaining your accounting records on an industry recognised accounting package
  • Advice on the set up and implementation of accounting systems and controls within your business and
  • Advice and assistance to help ensure that your records are sufficiently robust to withstand an HMRC enquiry.

We offer a range of cloud accounting services, which can help save you time and money when it comes to your business finances. 

Click here to find out more about how we can help you

Should you wish to monitor the financial performance of your business on a more regular basis, we can assist SMEs in the UK with the preparation of management accounts.

Management information can be produced on a monthly or quarterly basis and provides a vital management tool to help you make the right decisions for your business. We provide financial information to suit your organisation and help you review and evaluate this information on a regular basis. We can also provide:

  • Analysis of Key Performance Indicators (KPIs)
  • Variance reporting
  • Preparation of annual budgets and
  • Financial projections.

Management accounts are often specifically requested by the bank or other external funders. We will ensure that the management information required to meet any of your financial covenants is produced within the reporting deadline.

If you are seeking a financial controller or a management accountant, but cannot justify the costs associated with appointing a full time employee to perform these services, we can provide a tailored service to suit your business requirements. We would be delighted to be part of your financial support team.

From 1 April 2019, most VAT registered business with an annual turnover above the VAT threshold will be required to maintain and submit their VAT returns to HMRC digitally via compatible software. 

From 1 April 2020 at the earliest, digital reporting for Income Tax and Corporation Tax purposes will be introduced. While details on these aspects are limited at the moment, the planning should start now with VAT reporting.

To find out more about Making Tax Digital (MTD) please visit our Making Tax Digital page or click here to contact our Cloud Solutions team.

We understand that freelancers & contractors across all sectors have the added workload of ensuring they comply with a wide range of legal requirements. Our expert team can remove this burden by providing clear advice on a regular or bespoke basis. Download our Freelancer & Contractor Services information sheet to see how we can help you.

Click here to contact our team.

For businesses eligible for VAT, we can prepare a monthly or quarterly VAT return from your books, or from accounting records maintained on your behalf.

We will submit the VAT return to HMRC electronically, within the required filing deadline, and advise you timeously of the required payment to be made to avoid any penalties arising.

We will liaise closely with our specialist VAT team should any VAT issues arise. 


Case Studies & Testimonials

Meet our Entrepreneurial Services Team


Stephen Hughes heads up our Entrepreneurial Services Team, supported by John Anderson, Neil Robb, Marc Vosilius, Claire Neumann and Graham Dyer.  Together they manage a team of over 50 who work from our locations in Glasgow, Stirling, Edinburgh and Dumbarton. Previous clients of Greg Callan's will know that Greg retired in April 2021 after many years at French Duncan.

Click here to meet some of our Entrepreneurial Services Team


Stephen  Hughes

Stephen Hughes
Partner & Head of Audit
s.hughes@frenchduncan.co.uk
0141 221 2984

Stephen  Hughes

Stephen Hughes

Partner & Head of Audit

BA CA

LinkedIn Logo


0141 221 2984

s.hughes@frenchduncan.co.uk


Specialisms include...

Having joined the firm as a CA trainee in 1989, Stephen enjoyed a varied career in his early years, gaining valuable experience in audit, accountancy, tax and also business recovery. Thereafter focussing on audit and accounts, Stephen progressed to partner level in 2000.

Over the years Stephen has advised companies and individuals across a variety of business sectors, from traditional to new technology and sciences, in the UK and overseas.

Although an audit and accounts partner, Stephen’s focus on working closely with owner-managed busines means that he is regularly involved in providing business and commercial advice on a range of topics. His experience extends across a range of sectors and business structures, from partnerships to international groups.

Stephen is focussed on delivering the best possible service to his clients and does so with a commercial and pragmatic approach to business. He is a team player with a friendly and relaxed business style.

John Anderson

John Anderson
Partner
j.anderson@frenchduncan.co.uk
0141 221 2984

John Anderson

John Anderson

Partner

BAcc CA

LinkedIn Logo


0141 221 2984

j.anderson@frenchduncan.co.uk


Specialisms include...

John has been a Partner in French Duncan since 2005 following its merger with O’Sullivan Cleary, where he had worked since 2000. Prior to that, John was a manager with Grant Thornton.

John delivers accountancy, taxation and other business advisory services to clients ranging from private individuals to companies with seven plus figure turnovers over a diverse range of sectors.

In his role as an Entrepreneurial Services partner, John looks beyond the client’s business to help the owner/managers with their financial affairs. This role is carried out during the lifetime of the business; when the owner/managers are preparing to exit the business and; when planning for life after business. Although much of his work in helping clients is around accounting and tax compliance, value is added through other advisory services which businesses without any in-house financial expertise need.

Neil  Robb

Neil Robb
Entrepreneurial Services Director & Head of Cloud Solutions
n.robb@frenchduncan.co.uk
0141 221 2984

Neil  Robb

Neil Robb

Entrepreneurial Services Director & Head of Cloud Solutions

BAcc(Hons) ACCA

LinkedIn Logo


0141 221 2984

n.robb@frenchduncan.co.uk


Specialisms include...

Neil qualified as a Chartered Certified Accountant in 2011, training in all aspects of Accounting, Taxation and Audit with a well-established firm in Paisley.  From there he joined a firm in Glasgow where he focused on the provision of a high quality service to his varied client base of growing SME’s and owner-managed businesses.

Joining French Duncan in 2016 Neil brought a specialism in cloud accounting solutions and extensive experience in providing clients with high quality, user-friendly management reporting and advice. Heading up our Entrepreneurial Services team in Glasgow, Neil also has wider responsibility for the direction of the department. A key part of this role includes overall responsibility for the firm’s Cloud Solutions offering, utilising modern technology and advising clients on systems and processes to help drive efficiency and achieve relevant, reliable reporting upon which practical, commercial business advice can be given.

Working closely with a large portfolio of clients Neil provides commercial advice to businesses and individuals within many sectors with a key focus in Construction, Hospitality & Leisure, Care Homes and Manufacturing. By building strong relationships with clients Neil and his team strive to provide a comprehensive, responsive and quality service, bringing clients and colleagues together to realise potential and explore opportunities on behalf of clients.

 

Marc  Vosilius

Marc Vosilius
Entrepreneurial Services Director
m.vosilius@frenchduncan.co.uk
0131 225 6366

Marc  Vosilius

Marc Vosilius

Entrepreneurial Services Director

BA(Hons) CA

LinkedIn Logo


0131 225 6366

m.vosilius@frenchduncan.co.uk


Specialisms include...

A prize winning Chartered Accountant, Marc joined the French Duncan in 2014, bringing with him significant experience in undertaking audits for a range of businesses across the manufacturing, property and utilities sectors.

Over the past seven years, Marc has gained great commercial experience as part of the firms Corporate Advisory team getting involved in buy side and sell side support, business planning, financial projections and grant applications. He also took over the managed client services team across the firm which provides strategic consultancy input often at board level for clients at various stages of the their life cycle.
Since 2019, Marc leads a team within the firms Entrepreneurial Services department providing clients with management accounts, statutory accounts etc. whilst utilising his broad experience to add value whenever possible.

Marc prides himself on offering a tailored approach to each individual client. Having grown up in a family business environment he is particularly aware of the protocols and matters which must be considered in both family and smaller owner-managed businesses.

Claire  Neumann

Claire Neumann
Entrepreneurial Services Senior Manager
c.neumann@frenchduncan.co.uk
01786 451745

Claire  Neumann

Claire Neumann

Entrepreneurial Services Senior Manager

BA(Hons) CA

LinkedIn Logo


01786 451745

c.neumann@frenchduncan.co.uk


Specialisms include...

Claire joined  Macfarlane Gray in 2007, qualifying as a Chartered Accountant and joined French Duncan in 2012 following the merger with Macfarlane Gray.
 
As part of the senior management team within the Entrepreneurial Services Department, Claire specialises in advising owner /managed businesses in developing their management information systems, ensuring their compliance with statutory deadlines and supporting them through the different stages of growth that businesses encounter. She has experience in a wide range of sectors including farming, manufacturing, construction and professional services.

Graham Dyer

Graham Dyer
Entrepreneurial Services Senior Manager
g.dyer@frenchduncan.co.uk
0141 221 2984

Graham Dyer

Graham Dyer

Entrepreneurial Services Senior Manager

BAcc (Hons), CA

LinkedIn Logo


0141 221 2984

g.dyer@frenchduncan.co.uk


Specialisms include...

Having qualified as a Certified Chartered Accountant and working with a well-established firm in Edinburgh for 14 years previously, Graham joined French Duncan in 2020.

Graham is part of our senior management team in the Entrepreneurial Services department and specialises in working with family-owned or owner-managed SME businesses and business start-ups. His approach involves working closely with business owners and managers to gain a deeper understanding of the unique processes and mechanics of each business – Graham can then offer truly tailored, meaningful accounting, tax and finance services.

An advocate of digital systems and solutions, Graham has a passion for exploring the best and emerging technology, ensuring his clients are aware and utilise the best available accounting and all-round set-up for their circumstances.

Throughout his time advising businesses Graham has enjoyed working with clients of varying sizes and in a variety of different sectors learning the particular nuances involved with each one.

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