VANL’s Digital Community Accountancy Service

The new service is designed to help trustees fulfil their governance’s responsibilities in relation to:

  • keeping proper accounting records
  • and preparing compliant statement of accounts, through the use of an innovative online platform (Xero) which links your accounting records to your digital bank account(s).

The service will not only facilitate effective and efficient recording of all your organisation’s accounting transactions in a timely manner, it will also make the year-end independent examination process much easier and more efficient.

We have structured the service around our clients’ needs and the service provides a highly professional service at relatively low cost as well as being:

  • user-friendly.
  • secure.
  • environmentally friendly by reducing paper and printing use.

Our professional team is also available to help with the initial set-up and onward training. Additional services, such as payroll, can also be added as required.

We will provide independent examinations either as part of the new digital community accounting service, or as a stand-alone service for fully-prepared accounts only.

The costs for this service are outlined in the table below:

 

Service

Level One

Level Two

Payroll Only

Fees

£960

£480

£40 per hour agreed for the whole year in advance

Xero Cloud Accounting Subscription

Yes

Yes

Yes

Hours/month for monitoring and sampling

2

1

N/A

Accounts preparation (within 8 weeks of year-end date)

Yes

Yes

N/A

Accounts examination (within 8 weeks of year-end date)

Yes

Yes

N/A

Monthly payroll

Up to 2 staff members

No

Yes

Set up & system configuration

£40 per hour in addition to the above fees

£40 per hour in addition to the above fees

£40 per hour in addition to the above fees

Training

£40 per hour in addition to the above fees

£40 per hour in addition to the above fees

£40 per hour in addition to the above fees

Additional charges (e.g. postage/travel)

45p/mile plus £40/hour for travel time. Postage and other expenses are retrieved at cost

45p/mile plus £40/hour for travel time. Postage and other expenses are retrieved at cost

45p/mile plus £40/hour for travel time. Postage and other expenses are retrieved at cost

 

 

If you require further information please do not hesitate to contact us at info@vanl.co.uk or call us on 01236 748 011.