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GuidesBlogAboutContact Start the checkHome / Services near you / CIC accountants Barry
CIC accountants in Barry who write the reports your funder asks for
CIC accountants in Barry are usually called in when a funder wants a quarterly spend report by Friday and nobody in the organisation can produce one.
Most CIC directors are running the project and doing the books at night. We agree a fixed fee in writing before we start, reply the same working day, and never charge for calls or emails. Tax investigation cover is included free for every client.
In one lineSupreme Consultants is an AAT licensed accountancy practice in Cardiff Bay that works with community interest companies in Barry. It handles CIC formation, annual CIC accounts, the community interest report and the spend, budget and forecast reports funders ask for, on a fixed fee agreed before work starts, with tax investigation cover included free.
Check we’re the right fit
A few questions about your business. Mudassir replies the same working day.
Thank you Mud, your help and support with my VAT return is greatly appreciated. Always a prompt response and my difficult VAT return was quickly submitted and resolved. Would definitely recommend.
Is your CIC in good hands? Three questions.
Answer with a button, no email needed.
Question 1 of 3
Does your accountant reply the same working day?
Can you hand your funder a spend and budget report without building it yourself?
If HMRC wrote tomorrow, would your accountant deal with it at no extra cost?
Three noes means the reports and the deadlines are sitting with you, and that is where grant conditions get missed. Start the check and Mudassir reads your answers the same working day.
Start the checkYou are in a reasonable position, but one part of this is still landing on a director at the wrong moment. Start the check and tell us which one.
Start the checkThree yeses means your CIC is well looked after and you do not need us today. Read the guides and keep our number for the next funder report.
Read the guidesWhat you get
The funder report on the day they ask
We write the quarterly and six-monthly spend, budget and forecast reports your funder wants. You forward them instead of building them.
Tax investigation cover included free
If HMRC opens an enquiry we deal with it and you pay us nothing extra. Every HMRC investigation we have handled, we have won.
A fixed fee and free phone calls
The fee is agreed in writing before any work starts. Ring us about a grant condition and it costs nothing.
What CIC directors in Barry tell us
These are the three things we hear most from community interest companies here.
“Our funder wants a quarterly spend report by Friday and nobody here can produce it.”
The board spent a weekend rebuilding figures from bank statements and the report still went in late.
“We need the accounts ready early for the next grant deadline and we are nowhere near.”
The bid went in without current accounts attached, which put the whole application at the back of the queue.
“I do not think our restricted grant income is shown correctly in the accounts.”
Restricted money sat in with trading income, so the funder could not see where its grant had gone.
What changes once we take it on
Your bookkeeping is kept current in cloud software, so spend against budget is there whenever a funder asks. We prepare the annual CIC accounts and the community interest report, and we get them done early when a bid deadline is coming. You ring us about any of it without a charge.
How this differs from a general accountant doing the same job
Plenty of firms file CIC accounts well. The difference shows up between filings.
A general accountant doing your CIC accounts
Annual accounts filed, the community interest report left with the directors.
Grant reports sit outside the engagement, so the board writes them.
Calls returned when there is time, sometimes after the funder deadline.
Investigation cover sold as an add-on, often £300 to £1,000 a year.
With Supreme Consultants
Annual CIC accounts and the community interest report both prepared and filed.
Quarterly and six-monthly spend, budget and forecast reports written for your funder.
A reply the same working day, and calls, meetings and emails are never charged.
Tax investigation cover included free for every client.
Eight questions about how your CIC is run
Work down the list and count the noes.
Does your funder ask for quarterly or six-monthly spend reports?
If yes, someone has to produce them on time and that someone can be us.
Do you know the date your CIC accounts and community interest report are due?
Late CIC filings are visible to every funder looking at your Companies House record.
Is grant income split out from trading income in your books?
Funders want to see their money tracked separately from what the CIC earns.
Are restricted funds tracked as restricted?
If restricted money is mixed in, the spend report will not match the grant agreement.
Could you show budget against actual spend this week?
That figure is the one funders ask for first when they check in.
Will your accounts be finished early enough for the next bid?
We bring the accounts forward when a grant deadline needs them.
Can you ring your accountant without it appearing on the next invoice?
Our calls, meetings and emails are never charged on top of the fixed fee.
Are your directors’ payments and payroll submissions reaching HMRC on time?
We run payroll, pensions and RTI submissions as part of the same fee.
What we do for your CIC
One fixed fee covers the filing, the funder reporting and the day to day books.
All Services near you- CIC accounts and CIC34
- We prepare and file your annual CIC accounts and the community interest report that goes with them.
- Grant reports for funders
- Quarterly and six-monthly spend, budget and forecast reports written in the format your funder asks for.
- Bookkeeping and VAT
- Records kept current in cloud software, with grant income and trading income kept apart. VAT registration, scheme choice and quarterly returns where you are registered.
- Payroll and pensions
- Payslips, auto-enrolment and RTI submissions for staff and paid directors.
- CIC formation
- Setting up a new community interest company, including the community interest statement Companies House wants.
What we already do for community interest companies around Cardiff
We write grant reports for more than ten CICs and grant-funded organisations. Funders ask for quarterly and six-monthly spend, budget and forecast figures the organisation cannot produce itself.
Clients described by type. Names withheld.
- How it was found
- Funders kept asking for spend against budget and forecasts that the directors had no way of pulling together.
- What happened
- We write the reports, have the accounts ready early for grant deadlines, and introduce CIC clients to a fundraising consultant who helps find the next grant.
Reviews from clients
Thank you Mud, your help and support with my VAT return is greatly appreciated. Always a prompt response and my difficult VAT return was quickly submitted and resolved. Would definitely recommend.
I just want to say a big thank you to Mudassir for all the advice, guidance and help he has provided whilst dealing with my accounts and tax returns. From start to finish the service has been excellent and professional. Unlike other accountancy firms they provide a friendly personalised service, I was very clear on the process and was even provided with additional guidance where needed. Highly recommended!
Friendly, nice 👌 , helpful and great all around
Difficult to describe as there are too many words that can be expressed for a wonderful accountant and their firm.
Definitely 🔝 and highly recommended in Wales 🏴 and throughout the UK for Accountancy and Tax Services
Shaz Khan
Getting started
Four steps from your first answers to knowing every date for the year.
- Before you join
Your fee agreed in writing
You answer a few questions on the site. Mudassir reads them and replies the same working day, and if we are a fit we agree your fixed fee before any work starts.
- Week one
Records moved across for you
We complete your ID checks and write to your current accountant for the records, so no director has to make that call. HMRC and Companies House authorise us as your agent.
- First month
Every deadline mapped
We go through your past accounts, returns and HMRC records. We map the CIC filing dates and your funder reporting dates for the year ahead.
- By ninety days
Reporting running without you
We sit down with you on how directors are paid and how the bookkeeping is set up. You know what is coming and who to call.
Who we are not right for
We do not work with CIS construction subcontractors.
We do not prepare charity accounts, so a registered charity is better served elsewhere.
We cannot take on a business already late in an HMRC investigation.
If none of those apply to your CIC, start the check and Mudassir replies the same working day.
CIC accountants in Barry: questions people ask
What do CIC accountants in Barry charge?
We agree a fixed fee in writing before any work starts, once we have seen what your CIC needs: the accounts, the community interest report, the bookkeeping and how often your funder wants reports. Calls, meetings and emails are never charged on top. We do not publish prices for CIC work because the reporting load varies so much.
How do we switch to you from our current accountant?
You answer the questions on this page and we reply the same working day. If we are a fit, we complete your ID checks and write to your current accountant for the records, so no director has to make that call. The handover, your first month and Companies House ID verification carry no separate charge.
What happens if HMRC writes to our CIC?
You send us the letter and we deal with HMRC for you. Tax investigation cover is included free for every client, where other firms sell it as an add-on for £300 to £1,000 a year. Every HMRC investigation we have handled, we have won. We cannot take on an organisation already late in an investigation.
Do we have to change our accounting software?
No. We work with what you already use. If you want to move to Xero we do the migration free, and we will tell you plainly if your current set-up is making the grant reporting harder than it needs to be. The choice stays with your board.
Do you prepare the community interest report as well as the accounts?
Yes. Every CIC has to file a community interest report alongside its annual accounts, setting out what the company did for the community and how directors were paid. We draft it with you, file it with the accounts at Companies House, and keep a copy ready for funders who ask for it.
Are you based in Barry or do we come to Cardiff?
We work from Titan House in Cardiff Bay, about fifteen minutes from Barry. Most CIC work is done remotely, with documents and reports shared through our client portal. You are welcome to meet us at the office when you want to go through the accounts in person, and meetings are never charged.
Three ways to take the next step
Start the check
Answer the questions and Mudassir reads them the same working day, then comes back with your fixed fee in writing.
Start the checkHave a question about a grant condition first?
Ask Mudassir and you get an answer the same working day, with no charge for the call.
Ask Mudassir a questionStill deciding
The guides set out what a CIC has to file and when, so you can see what your organisation is missing.
Read the guides