Business Details
18 Years
experience
Trusted Cloud Accounting Services for Growing Businesses
Established in 2008 by Andrew and Dona Skaife, W B S Accountants is built on a foundation of personalized service and a commitment to simplifying business finances. Our approach prioritizes long-term client relationships, with many clients staying with us for years, allowing us to deeply understand their businesses and personal goals. We specialize in cloud accounting solutions, having been early adopters of Xero since 2010 and supporting FreeAgent for over a decade. Our phased growth strategy has enabled us to maintain work-life balance while refining our expertise in annual accounts, tax compliance, payroll, and Making Tax Digital (MTD) guidance.We focus on empowering businesses at every stagefrom busy professionals to scaling enterpriseswith tailored advice, real-time financial insights, and practical tools to streamline operations. Our ethos of 'Making Accounting Clear' ensures we avoid jargon, prioritize transparency, and act as an extension of our clients' teams, offering year-round support and strategic financial planning.
Services
Cloud Accounting
Making Tax Digital
Annual Accounts
Management Accounts
Payroll Services
Company Formation
Cashflow Advice
Financial Reviews
Tax Compliance
Xero Setup
Details
- Year established: 2008
Highlights and features
- We offer personalized accounting support tailored to your business stage.
- Our team are early adopters of Xero and experts in cloud accounting.
- We provide practical guidance for Making Tax Digital compliance.
- Long-term client relationships ensure deep understanding of your needs.
- We prioritise transparency, avoiding jargon in financial communication.
What people say
Personalised support
Cloud accounting expertise
Proactive financial guidance
Long-term partnerships
Timely advice
Services
Cloud Accounting
Our cloud accounting services leverage platforms like Xero and FreeAgent to provide real-time financial insights. We help businesses transition from traditional methods, ensuring seamless integration and training. Clients benefit from automated updates, secure multi-user access, and proactive financial management tailored to their growth stage.
Making Tax Digital
We guide businesses through HMRC's Making Tax Digital requirements, ensuring compliance with quarterly reporting and digital record-keeping. Our support includes software selection, process adjustments, and submission of VAT and income tax updates, helping clients avoid penalties and streamline tax obligations.
Annual Accounts
We prepare statutory accounts for Companies House and HMRC, ensuring compliance with accounting standards. Our services include financial statement preparation, tax return submissions, and advisory on year-end obligations, tailored to both limited companies and self-employed individuals.
Payroll Services
Our payroll solutions handle salary calculations, tax deductions, and HMRC submissions for businesses of all sizes. We ensure compliance with auto-enrolment pensions, provide payslip generation, and offer advice on payroll-related queries, allowing clients to focus on core operations.
Financial Reviews
We conduct regular financial reviews to assess business performance, offering insights into cashflow, profitability, and growth strategies. These sessions help clients align financial decisions with long-term goals, identify efficiency improvements, and navigate complex financial challenges.
People
Andrew Skaife
Co-Founder
Andrew Skaife co-founded W B S Accountants in 2008, bringing a commitment to personalized service and cloud accounting innovation. He prioritises work-life balance while delivering strategic financial guidance to growing businesses.
Dona Skaife
Co-Founder
Dona Skaife, co-founder of W B S Accountants, combines technical expertise with a client-centric approach. Her focus on understanding clients' personal and business needs ensures tailored financial solutions and long-term partnerships.
Questions
What accounting services do you offer for small businesses?
We provide cloud accounting, tax compliance, payroll, annual accounts, and Making Tax Digital support tailored to small businesses at every growth stage.
How do you support businesses with Making Tax Digital?
We assist with MTD compliance through software selection, process adjustments, and submission of quarterly VAT and income tax updates to ensure HMRC compliance.
Can you help with cloud accounting setup?
Yes, we offer Xero and FreeAgent setup, migration from traditional systems, and training to ensure seamless adoption of cloud accounting tools.
What areas do you serve?
We primarily serve businesses in Newcastle Upon Tyne and surrounding areas, with remote support available for clients nationwide.
How do you tailor services to different business stages?
We adapt our support for busy professionals, growing businesses, and scaling enterprises, offering everything from basic compliance to strategic financial reviews.
What is your approach to client relationships?
We prioritise long-term partnerships, acting as an extension of your team with transparent communication, regular reviews, and personalised financial strategies.
