Business Details
Expert Accounting & Financial Services in Lincoln
Spence Accounting provides comprehensive accounting and tax services tailored to businesses of all sizes. With a focus on compliance, financial clarity, and strategic support, our experienced team assists clients in bookkeeping, payroll management, business planning, and tax optimization. We leverage advanced accounting software like Xero and QuickBooks to ensure accuracy, while delivering personalized guidance aligned with individual business goals.Our approach emphasizes proactive advisory services, enabling clients to make informed decisions and maintain robust financial health. Backed by decades of collective experience, we prioritize transparency, technology-driven solutions, and ongoing client education to foster long-term business growth.
Services
Bookkeeping
Payroll Processing
Business Planning
Tax Compliance
Management Accounts
Highlights and features
- We have over 20 years of combined experience in professional accounting and tax advisory.
- Our team provides tailored financial solutions using Xero and QuickBooks software.
- We guarantee HMRC compliance for all tax filings and payroll operations.
- Our monthly management accounts enable real-time business decision-making.
- Personalized support from certified accountants with industry-specific expertise.
What people say
Full support over a decade
Friendly and approachable team
Tailored business solutions
Helped maximise profits
Global operational flexibility
Services
Bookkeeping
Our bookkeeping service ensures accurate financial record-keeping tailored to your business size and complexity. We handle transaction recording, bank reconciliations, and VAT compliance while offering fixed-fee pricing. Cloud-based tools like Xero provide real-time financial visibility, enabling informed decision-making.
Payroll
We manage payroll processing with HMRC compliance, including tax deductions, payslip distribution, and pension auto-enrolment. Our electronic systems reduce paperwork while ensuring timely payments and accurate year-end reporting for businesses of all sizes.
Business Planning
Our business planning services develop tailored strategies for growth, including financial forecasting and continuity planning. We create customized plans aligned with your goals, incorporating market analysis and risk assessment to ensure long-term success.
Tax Compliance
From corporation tax to personal tax planning, we ensure compliance with UK regulations and optimize liabilities. Our services cover VAT registration, quarterly MTD filings, and strategic tax reduction planning tailored to your business structure.
Management Accounts
We provide regular management accounts to enable timely business decisions. These reports offer monthly or quarterly insights into performance metrics, cost management opportunities, and growth indicators for proactive financial stewardship.
People
Debbie Grant
Client Representative
Lincoln Holiday Retreat proprietor with a decade of partnership experience. Highlights tailored support and business growth through strategic financial advice.
Nic Till
Client Representative
Riverhead Coffee owner emphasizing monthly management account benefits and simplified financial communication. Acknowledges team approachability.
David Scott
Client Representative
Engineering director since 2012 praising comprehensive setup support and global operational flexibility through outsourced accounting solutions.
Questions
What accounting services do you offer for small businesses?
We provide bookkeeping, payroll, tax compliance, business planning, and management accounts tailored to small businesses. Our services adapt to varying transaction volumes and growth stages.
Are your accounting fees transparent and fixed?
Yes, our bookkeeping fees are fixed monthly charges based on transaction volume. We guarantee no hidden costs or surprise charges for our core accounting services.
Do you support businesses with software accounting requirements?
We offer implementation and training for Xero, QuickBooks, and Dext. Our team ensures seamless digital transition and ongoing software support for financial management.
How do you handle HMRC compliance?
We ensure all tax filings, VAT returns, and payroll submissions meet HMRC requirements. This includes Making Tax Digital compliance for VAT-registered businesses and quarterly reporting.
Can you help with business continuity planning?
Yes, our business planning includes risk assessment and contingency strategies. We develop tailored continuity plans to maintain operations during unexpected disruptions.
