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Virash Bach & Co.

Chartered Accountants and Business Advisors
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Our clients

 


Virash Bach and Co has the experience and the specialist knowledge to work with businesses across a wide variety of professional, commercial and industrial sectors. Here are just some of the areas in which we have helped our clients to succeed and grow:

 

      • Property
      • Construction
      • Charities
      • Education sector
      • Voluntary & Not for Profit sector
      • Catering & Hospitality
      • Marketing
      • Manufacturing
      • Retail & Wholesale
      • IT
      • Electronics
      • Media
      • Travel/Leisure industries
      • Legal practices
      • Telecommunications
      • Exports and Imports

Specialisms

As well as offering a comprehensive general service, Virash Bach and Co has developed a number of specialisms. Our particular areas of strength are in the charity, property, construction, education and IT sector.
  
Charities
Our outlook, approach and size mean that we are especially well adapted to meeting the specific requirements of organisations in the voluntary sector. Working with a number of charity clients over the years, we have built up an invaluable understanding of the type of accounting and audit service needed not just to comply with the law but also to support charities in handling the challenges and opportunities facing them in today’s world.

We are perfectly placed by both experience and knowledge to offer voluntary bodies expert help in the following areas:

Accounting and tax advice; exemplary, cost effective audits; maximising the benefits of donor tax incentives; setting up and running trading operations; long term financial planning; up to the moment knowledge of the financial and tax issues affecting charities; specialist advice on VAT and direct taxation; an appreciation of the budgetary constraints under which charities work; seminars and workshops on topical and practical matters concerning the voluntary sector.
 
Property and Construction
A complex and growing sector where we can offer a comprehensive range of services to Investors and Dealers in property, including advice on taxation and business structures, and issues arising regarding properties from which our clients run their businesses.
 
The Construction sector faces some issues that affect all businesses, and some that are specific to the industry. Our experience and specialist knowledge can assist clients through the complex regulatory issues pertaining to the sector, such as the new CIS rules, employment/self-employment status questions, and the increasing attention from the tax authorities. .

As with every business, proper planning and adequate resources, whether it’s premises, personnel or finance, is a necessity. Regular management information comparing budgeted results with what actually happened will be needed to ensure the business is meeting it targets or where action is further required.

 
Education

In addition to audit, the firm provides a comprehensive service to nurseries, kindergartens and schools in the 'not for profit' and 'owner controlled' sectors, which includes a range that can be selected from any of the following:

 

  • The complete outsourcing of the accounting function
  • Advising on improvements to and implementation of 'in house' accounting systems
  • Assistance with budget and cashflow preparation (including suggestions for improving net
    income)
  • Production and/or review of termly management accounts
  • Attendance at committee/board meetings
  • A
    ssistance with Risk Manangement and Assessment
  • Production and review of the end of year financial statements in required formats

              i.e.  Companies Act and/or SORP (for charities) format