CIC accountants Barry

Supreme
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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.
Matthew George · Google review
CIC accountants Barry: map of the South Wales towns Supreme Consultants servesMôr HafrenAbertaweSwanseaPort TalbotCaerffiliCaerphillyCaerdyddCardiffY BarriBarryCasnewyddNewportBrysteBristol
AAT Licensed Accountant5.0 on Google from 14 reviewsReply the same working dayFee fixed before we startEnglish, Urdu, Hindi and Farsi spoken

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?

What 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.

More than tencommunity interest companies whose funder reports we write
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

5.0
from 14 verified Google reviews
MMatthew GeorgeGoogle review · 7 months ago
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.
AAsma PatelGoogle review · a year ago
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!
SShazad Khan (Shaz)Google review · 3 years ago
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

Read all 14 on Google

Getting started

Four steps from your first answers to knowing every date for the year.

  1. 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.

  2. 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.

  3. 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.

  4. 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.

Free handoverFree first monthFree move to XeroFree Companies House ID verification

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.