We work with professional services partnerships such as solicitors, architects, engineering consultancies and healthcare centres as well as other structures such as barrister chambers. We also help our clients use partnerships as an efficient way of structuring their worldwide business interests, including joint ventures.
Standard partnerships and limited liability partnerships (LLPs) provide a flexible structure, well suited to the needs of dynamic and changing ownership. With that comes the complexity of producing financial statements tracking the individual partners’ financial share and ensuring that tax liabilities are correctly calculated. We help our clients through this complexity, taking care of as much as of these processes as they need and, where required, audit.
In the case of solicitors there are added regulatory requirements for reporting to The Solicitors Regulatory Authority (SRA) in which we are expert.
Our clients prefer not to be a smaller client of larger firms and want to deal with an expert, tight-knit and fast-responding team that is stable year on year. This allows them to focus on growing their business.
Our service can also encompass more direct day to day assistance such as bookkeeping and the production of management accounts, IT support and attendance at partner/board meetings.
Here's an example of how we have worked successfully with our client:
Example LLP: Creating and sharing wealth
For more detail on how we would work to help you, follow the links alongside