FranAccounts is one of many, service divisions, within the ALB group of companies. The current directors of ALB Accountancy Limited established the Horsham based company in 1997. Today, the company is one of the foremost and largest independent accounting firms who are providing accountancy services to the franchise industry, in the UK.
The company has applied to be an affiliated member of the British Franchise Association and many of the franchise organisations it works with, automatically recommend their franchisees to use FranAccounts services.
The directors of the company have considerable experience in leading, developing and accounting for, successful franchise companies. Indeed, the directors of ALB Accountancy Ltd possess more than 40 years combined practical franchise experience.
They provide a level of experience within the disciplines of major international groups as well as flexibility and understanding of smaller entrepreneurial companies. This has developed a breadth of experience and an essential level of understanding that is much needed in franchising.
One of the many service divisions at ALB, the FranAccounts division, offers an accounting service specifically designed for the franchise industry. It is headed up by accountants with specialist knowledge and experience of accounting at the sharp end of business, across a wide spectrum of different franchise industries.
FranAccounts is able to meet all your accountancy needs, anywhere in the world.
Benefits to the Franchisees
Free initial consultation
Accurate monthly management accounts
Very competitive prices
Efficient turnaround of annual accounts
FranAccounts understands the principles of franchising.
FranAccounts will provide you with a dedicated team.
FranAccounts provide a free accounting help-line.
Your FranAccounts team will stay in regular contact.
Our secure, on-line accounting systems are backed up daily.
Formation Services
Company Formation
Business plans
VAT Registration
Inland Revenue Registration
Bookkeeping
Our on-line accountancy system means that all data can be entered either by the franchisee or ourselves, subject to agreement. Analysis and reconciliation can be carried out by us without disrupting the day to day running of your business.
VAT Returns
These can be prepared following completion of the bookkeeping for the relevant quarter. There are several schemes available and we would advise on which is best for your business.
Management Accounts
These can be prepared monthly or quarterly as required and could be in addition to, or as part of, any existing report.
Annual Accounts
Preparing a set of Annual Accounts for the sole trader, partnership or Limited Company, as appropriate, for submission to the Inland Revenue.
Corporation Tax
Computation and Return prepared for limited companies for submission to the Inland Revenue.
Self Assessment Tax
Returns prepared for the sole trader, partners or directors, as required.
Payroll
Using our Online Payroll system, the data is entered into an online data form and downloaded directly into our payroll package. Payslips, gross pay and deduction summaries, and Inland Revenue Remittance are supplied monthly. The P35, P14 and P60's are supplied annually to the Inland Revenue, together with P11D's, if required.
Other services
Registered Office Services
Company Secretarial Services
Tax Planning
Pension Planning
Simply pick which services you require and we will prepare a fixed price quotation for all the sections on the menu, once we have reviewed the systems operated by the franchise.