Bright Finance            

Contact us: 07872 827613                   E-mail:

Bright Finance

Outsourced accountancy services
 Financial support for your business from bookkeeping through to financial strategy. If you are a small to medium sized business and could benefit from access to a flexible range of skilled financial professionals, we can help you. Contact us to discuss your short to medium term project needs or longer term objectives.

Contact us

Our services:

  • Financial reporting and planning
  • Internal controls and processes
  • Accounting and bookkeeping
  • Finance function management/ change management
Financial reporting and planning
  • Profit  Identify which areas of your business are profit making and suggest how improvements on overall profit can be made.
  • Business plan - Creation of a realistic business plan to facilitate better financial decisions and assist with developing clear strategic objectives depending on the mission and vision of your organisation.
  • Forecasting - Implement a regular and useful forecasting timetable to enable your organisation to constantly evaluate performance and make decisions for the future on a short, medium and long term basis.
  • Budgeting - Compilation of the annual budget based on aims of the organisation over the year.
  • Management information and reports- Develop user friendly, timely and useful management information to ensure the organisation can implement their charitable aims backed by a strong financial bedrock. These management reports will be tailored for your organisation highlighting incomes sources and projected expenditure in a format that aims to provide clarity around the numbers and is easy to follow.
  • KPI's - Identify Critical Success Factors for your organisation such as revenue stream/ performance by activity.
  • Incentive plans - Propose and create realistic incentive plans for appropriate areas of the organisation. For example commission on new or retained business.
 Internal controls and processess
  • Cash flow - Establish robust internal controls to maximise your cash position and eliminate cash flow problems to ensure there is sufficient working capital to enable your organisation to survive and grow. Implement a system of regular cash reporting and projections to ensure the organisation is set up for the future.
  • IT systems - Select and implement new or more efficient IT accounting systems to enhance and facilitate internal controls around reporting and safeguarding of assets etc.
  • Processes - A complete overview of processes and controls along with red flag recommendation report for improvements. What happens from the moment someone places an order right through to the order being fulfilled and the money being received for the delivery of that order (whether this is service or goods). Is the process tight, fluid and effective?
  • Accounting policies - New accounting policies and procedures can be implemented and the impact on the organisation and its results assessed. Adherence to the latest standards and recommendations (IFRS, SORP, etc..) ensured by appropriate controls around reporting.
  • Risk assessment - New ventures, contracts and tenders can be assessed for risk and simplified so that management can focus on the key areas that need to be considered to enable the best commercial decision to be made.
 Accounting and bookkeeping
  • Annual statutory accounts - Preparation of annual statutory accounts and liaison with auditors in relation to having the accounts signed off.
  • Management accounts - Preparation and review of monthly management accounts including income statement, balance sheet and cash flow. Comparison and explanation of variance against budgets and/ or reforecasts and prior periods.
  • Sales ledger – Operation of sales ledger from taking bookings, raising invoices through to collecting cash. Reconciliation of debtors ledger to ensure accuracy of records. 
  • Purchase ledger– Setting up suppliers, making orders, processing purchase invoices and making payments. Reconciliation of creditors ledger to ensure accuracy of records.
  • Payroll – Processing monthly payroll including joiners, leavers, pension payments, other benefits and changes. Reconciliation of payroll register to ledger to ensure accuracy of records. 
  • Expenses – Processing of employee expense claims. Matching and checking receipts for validity and accurateness. 
  • VAT returns– preparing and submitting quarterly VAT returns. Reconciliations to sales day book and purchase day book to ensure accuracy of records. 
  • Bank reconciliation- Carried out as frequently as required. 
 Finance function/ change management
  • Review and strategy for finance function – A complete overview of the finance function and proposals to promote the most economic, efficient and effective solution.
  • Restructuring plan - Implementation of approved restructuring plan to include recruitment and redundancies where necessary.
  • Interim management - Full support and hands on assistance with the finance function until the operation is running smoothly.
  • Troubleshooting
Find us in Amersham, Buckinghamshire. For further information please contact:
Julie on 07872 827613

We will be more than happy to have an initial no obligation discussion about how we may be able to help your business meet it's financial needs and objectives.
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