Business Details
9 Years
experience
Trusted Accountants in Cumbria Supporting UK Businesses
Baranov Associates is a small, client-focused accounting firm based in Cumbria, delivering tailored accountancy and business growth services across the UK. Founded in 2017 by Chris and Liz Baranov, we combine over 30 years of collective experience with a commitment to personalized support. Our approach prioritizes understanding each client's unique goals, offering proactive advice to simplify financial obligations and foster business development. We leverage cloud-based technology to streamline processes while maintaining direct, jargon-free communication. Our clients benefit from transparent fee structures, complimentary fee protection schemes, and access to innovative tools like Receiptbank.With a focus on long-term relationships, we serve businesses of all sizes, from sole traders to medium-sized enterprises, helping them navigate tax complexities, optimize cash flow, and achieve sustainable growth. Our dedication to service excellence has earned us repeat clients and referrals, including second-generation business partnerships. We operate from a home office in Kirkby Stephen, prioritizing flexibility and accessibility for our clients.
Services
Accounts
Tax
Software
Bookkeeping
Payroll
Business Growth
R&D Tax Credits
Strategic Planning
Details
- Year established: 2017
Highlights and features
- We offer 30+ years of combined accounting experience with personalized service
- Our cloud accounting expertise streamlines financial management processes
- Complimentary fee protection covers HMRC dispute representation
- We provide free initial consultations and ongoing telephone support
- Specialist business growth advice tailored to individual client needs
What people say
Stress out of financials
Use Xero more efficiently
Feel more confident
Proactive support
Personalised service
Services
Accounts
We prepare statutory accounts, management accounts, and financial statements tailored to business needs. Our services ensure compliance with Companies House requirements while providing actionable insights. Clients receive detailed review meetings to explain results and identify growth opportunities, with support for businesses ranging from sole traders to multi-million-pound companies.
Tax
Our tax services cover corporation tax, personal tax returns, capital gains tax, and tax planning. We ensure compliance with HMRC regulations while minimizing liabilities through strategic planning. We handle tax credit claims and provide ongoing advice to optimize tax efficiency for businesses and individuals.
Software
We implement and support cloud accounting solutions including Xero, QuickBooks, and associated apps. Our services include software selection, data migration, and training to optimize financial processes. We help businesses transition from traditional systems to modern cloud platforms for improved efficiency and real-time financial visibility.
Business Growth
Our growth services include business planning, cashflow forecasting, R&D tax credits, and exit strategies. We provide tailored advice for business development, helping clients identify opportunities and overcome challenges. Services are designed to support sustainable growth while maintaining financial health and regulatory compliance.
Payroll
We manage payroll processing, pension auto-enrolment, and PAYE compliance for businesses of all sizes. Our services ensure accurate salary payments and tax deductions while meeting HMRC requirements. We provide year-end reporting and support for complex payroll scenarios including multiple pay periods and variable deductions.
People
Chris Baranov
Director
Chris has over 35 years of accounting experience, previously building and selling a 1M accountancy business. He specializes in strategic business growth and tax planning, combining technical expertise with practical commercial advice to help clients achieve their goals.
Liz Baranov
Director
Liz brings 20+ years of accounting experience, focusing on client relationship management and cloud accounting implementation. She excels at translating complex financial concepts into clear business strategies, supporting clients in optimizing their financial operations and growth planning.
Questions
What accounting services do you offer?
We provide complete accountancy services including year-end accounts, management accounts, tax returns, cashflow forecasting, and HMRC representation for businesses across the UK.
How do you support business growth?
We offer strategic planning, R&D tax credits, business valuations, and EMI share schemes to help businesses achieve expansion goals while maintaining financial stability.
What accounting software do you support?
We specialise in cloud accounting platforms including Xero, QuickBooks, and FreeAgent, with integration of complementary apps like Receiptbank and GoCardless.
Can you help with tax planning?
Yes, we provide proactive tax planning for corporations and individuals, including corporation tax, capital gains tax, and personal tax return preparation with HMRC compliance.
Do you offer fixed-fee accounting?
We provide transparent pricing with fixed-fee structures for core accountancy services, ensuring no unexpected costs while maintaining flexibility for changing business needs.
