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GuidesBlogAboutContact Start the checkHome / Services near you / CIC accountants Port Talbot
CIC accountants in Port Talbot for CIC accounts and grant reports
CIC accountants Port Talbot directors call us for one thing first: the spend report a funder wants by Friday. We write it, file the CIC accounts and keep the bookkeeping behind it straight.
Most CIC boards are volunteers, and nobody has an evening spare to rebuild a budget in a spreadsheet. We have written grant reports for more than ten community interest companies. Tax investigation cover is included free for every client.
In one lineSupreme Consultants is an AAT licensed accountancy practice at Titan House in Cardiff Bay that prepares CIC accounts, the community interest report and funder spend reports for community interest companies in Port Talbot and across South Wales. Work is on a fixed fee agreed before it 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.
5.0 on Google from 14 reviewsReply the same working dayFee fixed before we startEnglish, Urdu, Hindi and Farsi spokenIs your CIC in good hands? Three questions.
Answer with the buttons, no email needed.
Question 1 of 3
Does your accountant reply the same working day?
Do you know your fee for the year will not move?
If HMRC wrote to the CIC tomorrow, would they deal with it at no extra cost?
On all three counts you are carrying work and risk that your accountant should be carrying. Start the check and Mudassir will tell you what we would do differently.
Start the checkYou are in a reasonable position, and one of these is worth a conversation. Start the check and tell us which one bothers you most.
Start the checkYou are well served and there is no reason to move. Read the guides if you want a second view on grant reporting.
Read the guidesWhat you get
Tax investigation cover included free
If HMRC opens an enquiry we deal with it and you pay us nothing extra. Other firms sell this as an add-on for £300 to £1,000 a year.
The report your funder asked for
Quarterly and six-monthly spend, budget and forecast reports, written by us. You hand it over on the day it is due.
Accounts ready before the next bid
We prepare the CIC accounts and the community interest report early, so the figures are there when a grant deadline lands.
What CIC directors tell us when they ring
These are the three things we hear most from community interest companies in Port Talbot.
“Our funder wants a quarterly spend report and nobody here can produce it.”
The report goes in late or half finished. The next instalment of the grant sits on hold while the funder waits.
“We need the accounts early for the next grant deadline and they are nowhere near ready.”
The bid goes in without figures, or it does not go in at all.
“I am not sure our restricted grant income is shown correctly in the accounts.”
Restricted funds mixed in with trading income make the reserves look wrong to the people deciding your next grant.
What changes once we take it on
We map every deadline for the year: the CIC accounts, the community interest report and each funder report date. The bookkeeping is kept up to date in cloud software, so a spend report takes us hours rather than weeks. You ring us when a funder asks something and the call costs nothing.
How this compares with a general practice accountant
Plenty of good accountants file CIC accounts; fewer write what funders ask for.
A general practice accountant
Files the CIC accounts once a year.
Funder spend reports are your job or an extra invoice.
Calls and emails often go on the bill.
Investigation cover sold as an add-on.
With Supreme Consultants
CIC accounts and the community interest report, filed on time.
Quarterly and six-monthly funder reports written by us.
Calls, meetings and emails are never charged.
Tax investigation cover included free for every client.
Eight questions about how your CIC is reported on
Answer yes or no for each one and see where the gaps are.
Can you produce a spend report against budget this week?
If not, the next funder request will be late.
Is restricted grant income shown separately from trading income?
Funders read the reserves figure before they read anything else.
Is the community interest report written each year with the accounts?
It is filed at Companies House alongside the CIC34 accounts.
Are your books up to date in cloud software?
Reports built from a shoebox take weeks instead of hours.
Do you know the date of your next funder report?
We put every reporting date on one list for the year.
Will the accounts be ready before your next bid?
We prepare them early where a grant deadline needs them.
Does your accountant answer the phone without billing you?
Calls, meetings and emails are never charged here.
Would somebody deal with HMRC for you at no extra cost?
Tax investigation cover is included free for every client.
What we do for your CIC
Everything a community interest company in Port Talbot needs filed, reported and kept straight.
All Services near you- CIC accounts and CIC34
- Annual accounts and the community interest report, prepared and filed on time. We explain what the figures say before anything goes in.
- Grant reporting to funders
- Quarterly and six-monthly spend, budget and forecast reports in the form your funder wants. We also introduce clients to a fundraising consultant.
- Bookkeeping, VAT and payroll
- Records kept up to date in cloud software, with a free move to Xero if you want to switch. Payslips, pensions and RTI handled.
- CIC formation
- Setting up the community interest company and getting the paperwork right at the start.
- HMRC and Companies House work
- We deal with HMRC for you, and Companies House ID verification is done free for clients.
Grant reports we write for more than ten community interest companies
CICs and grant-funded organisations in and around Cardiff come to us because funders want quarterly and six-monthly reports the office cannot produce. We write the reports and have the accounts ready before the next bid.
Clients described by type. Names withheld.
- How it was found
- Funders asked for spend, budget and forecast reports that nobody inside the organisation had time or software to build.
- What happened
- We write the reports, keep 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 the first set of questions to knowing where the CIC stands.
- 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. 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. HMRC and Companies House authorise us as your agent.
- First month
Every deadline on one list
We go through past accounts, returns and HMRC records. We map the CIC accounts, the community interest report and each funder report date for the year ahead.
- By ninety days
Reporting running to a rhythm
We sit down with you on the bookkeeping set-up and how the directors are paid. You know what is coming up and who to call.
Who we are not right for
We do not take on CIS construction subcontractors.
We do not do charity accounts, though community interest companies are welcome.
We cannot pick up a business already late in an HMRC investigation.
If none of those describe you, start the check and Mudassir will reply the same working day.
CIC accountants Port Talbot: questions people ask
What does a CIC accountant in Port Talbot cost?
You get a fixed fee agreed in writing before any work starts, covering what your CIC actually needs: bookkeeping, the annual CIC accounts, the community interest report and the funder reports. Calls, meetings and emails are never charged on top. We do not publish prices for CIC work because the reporting a funder asks for differs in every case.
How do we switch 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 the 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. The first month is free.
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 a case that is already late in an investigation.
Do we have to change our accounting software?
No. We work with the cloud software you already use. If you want to move to Xero we do the migration free, and we will say plainly whether the move is worth doing. What matters is that the records are current enough to build a funder spend report from.
Do you work with Port Talbot CICs in person or remotely?
Both. We are based at Titan House in Cardiff Bay, about forty minutes along the M4 from Port Talbot. Most work is done remotely, with meetings at Titan House or on a call when a board wants to sit down together. Over ninety per cent of our clients are in South Wales.
Can you write the reports our funder asks for?
Yes. We write quarterly and six-monthly spend, budget and forecast reports for more than ten community interest companies. We work from the funder’s own template where there is one. We also have the annual accounts ready early when a grant deadline needs figures, and can introduce you to a fundraising consultant.
Three ways to take the next step
Start the check
Answer the questions and Mudassir replies the same working day with what we would do for your CIC and the fixed fee.
Start the checkGot a question about a funder report?
Ask Mudassir and he will answer it; calls and emails are free, client or not.
Ask Mudassir a questionStill deciding
Read the guides for how CIC accounts, the community interest report and funder reporting fit together across a year.
Read the guides