LKA outsourced finance services team

Business owners and entrepreneurs are often brilliant at what they do—but that
doesn’t mean they have the time or expertise to manage every part of their
business.

From bookkeeping and budgeting to HR, marketing, and financial reporting,
spinning all the plates can be exhausting.

At LKA Chartered Accountants we have the skills and expertise to guide you and
your business on the path to success.

We help you put the right processes in place, so your business runs smoothly and grows sustainbly.

LKA client testiminial

David Cooper of Coopers Design and Build, a construction/design company based in Thames Ditton and client of LKA since 2022, describes how the LKA Outsourced Finance Service has helped to support their long-term financial performance and growth strategy.

Working with us

Our experience shows that businesses that work closely with an experienced qualified accountant and make them part of their decision making process have much better success rates than those that don’t.

We can provide a flexible solution for both the day to day back-office finance admin as well as senior level financial strategic support for your business, without the cost of a full time Finance Director and team.

Our first step is for an experienced accountant to get to know your business, including your personal ethos and culture, short – long term plans, and document your existing systems and processes.

What we offer

Digital bookkeeping services

  • We’ll take care of your day-to-day finance admin – invoices, payments and VAT, making sure everything is reconciled and up to date

  • With access to a shared finance email inbox, we can process documents and information received and contact clients / suppliers as if we were in-house.

  • We utilise cloud-based technology to allow client staff to digitally share bills / expenses where we can process them and then upload them into accounting software (we recommend Xero).

Reporting and analysis

  • Knowing where you are financially month by month is essential for peace of mind and is critical for business growth. Our management reports will provide you with a simple snapshot of your financial performance any time and can be tailored to your needs.

     

  • The LKA Finance Team will provide insight and analysis to highlight areas of investment or cost cutting, which will drive your financial strategies throughout the year – not just at year-end.

Payroll and CIS

  • We provide a cost-effective payroll service for companies, tailored to your business requirements.

  • We can also complete and file CIS returns, based the net amounts you will be paying your subcontractors.

Credit control

  • Getting your customers to pay on time is challenging. We will send statements on your behalf and chase suppliers to ensure the money comes in as quickly and efficiently as possible.

Analysis & forecasting

  • LKA Virtual FD Service can provide you with all the specialist skills, services and expertise to support your financial health, commercial success and continued growth.

The benefits of outsourcing

  • Cost efficiency – by outsourcing your financial management you have their expertise at your fingertips for only a fraction of the price of employing in-house staff.
  • Expertise on demand – having access to the expertise of highly qualified finance professionals as and when it’s needed.
  • Scalability – outsourcing your financial needs gives you a level of flexibility that’s hard to beat. When your business is growing quickly, you’ve got the expertise to guide you. Equally, if business slows you can scale back without the hassle of restructuring an entire in-house team.
  • Reduced administrative burden – financial administration can be a lot of work to juggle, especially when you have a business to run. By off-loading these tasks you can spend time looking at the bigger picture.
  • Systemisation – We implement industry best practice techniques which streamline and systemise your processes, often saving hours of manual admin time.
  • Risk mitigation – remaining compliant whilst running a busy finance department can be very complex and time-consuming. External advice on new legislation and how to adapt systems and reporting can be invaluable.
  • Improved financial decision-making – businesses benefit from strategic information from monthly management reports, cash-flows and profit forecasts that can help make informed decisions to drive the business forward.

What does the service cost?

The outsourced finance service can be tailored to your individual requirements. To find out more and to obtain a quote please call us on 020 3915 8585 or fill in our contact form.

The LKA outsourced finance team

The LKA Outsourced Finance Team (from left): Glenn Monteiro – Accounting & Finance Manager, Josh Cox – Director of Operations, Accounting & Finance, Anita Erlebach – Accounting & Finance Manager.

Ready to talk

For more information, please feel free to contact our office in Thames Ditton today.

Coopers Design and Build

David Cooper of Coopers Design and Build, a construction/design company based in Thames Ditton and client of LKA since 2022, describes how the LKA Outsourced Finance Service has helped to support their long-term financial performance and growth strategy.

When did you know it was the right time to outsource your finance? 

Our company had grown substantially over the previous 2-3 years and we felt the time was right to employ a dedicated outsourced team of professional accountants. We were hugely impressed with LKA’s vision and values and the warm and friendly atmosphere when you visit their offices. They are a young and dynamic company which is exactly what we were hoping for.

How does the service work? 

We had an initial meeting with Laura Kenyon to get to know each other and discuss our requirements. Laura explained how they could help us and what we could expect from their service along with the costs involved. Our finance systems are now running smoothly and LKA are now fully integrated into our business and feel like part of the family. Their service is invaluable.

How does the service benefit your business?

One of the benefits with LKA is that they have a team of experts in everything financial, from Mohammed in bookkeeping to Robyn in personal tax services. Using LKA for all the company’s financials, frees our time to focus on other areas and it also ensures that we are running a compliant business.

How does the service contribute to your financial decision making? 

We have monthly finance meetings with Joshua Cox who is our dedicated Finance Director. Not only does this help us to know exactly where we are financially but it helps us with forecasting and planning for the future. Together with Josh we work on our business plan and he guides us on important financial decisions.

Is the service cost effective? 

It goes without saying “you pay for what you get” and we couldn’t be without this service now. We see LKA as part of the wider Coopers Design & Build empire and with their help and guidance, we believe our company is in safe hands and we have a bright future ahead.