You look after the people and environment around you and we’ll help you prosper – Triple Bottom Line a new way of Accounting.

Association of International Accountant

Triple Bottom Line Accounting is quality assured by the Association of International Accountants (AIA)

 

Our Clients

We are particularly interested in working with organisations with an environmental conscience, looking to build communities or develop businesses of which they are proud.

 

What we do

We act as your interface to the various regulators and the Inland Revenue and help you to manage the finances of your organisation. 

 

Education

We are a learning organisation, with education at our core.  Our office is in the Enterprise Centre at the University of East AngliaWe also like to ensure that our clients understand their solutions and how we arrive at them. Our goal is to create a knowledge centre for Triple Bottom Line.

 

Doing different

Through the use of latest software tools, we ensure that you never miss a deadline and are given time to understand your numbers.  We don’t expect to see you just at the year-end, rather our service is on-going and day-to-day. 

 

Doing the right thing

We aim to do the right thing.  For example, we wouldn’t leave you in an inappropriate situation to maximise our fee income.   

 

Business advice

We are here to help with your business development.  Ask us about business planning, pricing, cost efficiency or any other Finance and Accounting matter.  We would love to get more involved with your business decisions.

About

A new way of accounting...

IT literate

We are cloud-based and use the latest accountancy practice tools. We are partners with FreeAgent, Xero and Quickbooks Online. We are constantly looking for new technology solutions. Our back office is TaxCalc, Dropbox, Microsoft office, LegalEsign and more.

Own decisions

Provide financial information to aid decision-making, based on informed choices.

Ability to pay and no surprises

We have standard prices with monthly retainer agreements or pay-as-you-go. We believe in a fair price for a good job. Our commercial work subsidises our work for not-for-profit organisations.

Up to date

We keep up to date with tax and employment law, business trends and intend to be progressive.

Up to date

Training and research are essential to our work. We keep up to date; what we don’t know we research, debate and call in other experts to determine best solutions.

No silly questions

We don’t believe that silly questions exist. Questions are part of the learning environment. Your understanding of your finances is our goal.

Charities

We offer the following services:

We keep up-to-date with charity accounting rules, cover all types of social enterprise structure (Charities regulated by Trust, Limited Liability Charities, Community Interest Companies, Co-operatives, etc).

Bookkeeping, Charity startup, Wages, Trading subsidiaries, Tax planning, Charity commission interface, Gift aid, Fundraising, Governance

Businesses

We work with individuals and small to medium sized businesses

We offer a personal service from experienced trained people, using latest information systems and software. We are up-to-date with the latest tax legislation, accounting rules, technologies and software.

Our services include: Bookkeeping, Business start up, Wages, Value Added Tax, Self-assessment, Corporation tax, Tax planning, Companies House filing

If you have an accountancy or finance service requirement that we haven’t tackled before, we have access to resources and networks that enable us to help you.

The Team

We are Triple Bottom Line Accounting ….

Peter Ellington
Sophie Emerson
Luke Hilditch
Lamon French

Peter Ellington

Managing Director

Lecturing part-time in Accounting and Taxation

Peter’s professional career has included a range of demanding senior positions since qualifying as an accountant in 1983. He left the corporate rat race in 2008 having decided that it had taken enough of his soul. On finding his freedom he began developing a niche accountancy business practice specialising in education, accounting for charities, social enterprises, environmental focused businesses and small startups.

In addition to managing the practice he also teaches part-time for Norwich Business School at the UEA on the MBA programme, MSc in enterprise and Taxation to 3rd year undergraduates.

peter@triplebottomlineaccounting.com

Sophie Emerson

Client Executive

I graduated from the Norwich Business School in 2017 and am studying for my ICAEW exams with Kaplan.

I enjoy working with small business and have been developing our management accounting offering. This includes price reviews, modelling of business costs and break even along with budgeting and cash flow forecasting. I also do taxation and accounting for self-assessments and corporation tax.
Outside of the office, you may find me baking cakes.

sophie@triplebottomlineaccounting.com

Luke Hilditch

Client Director

BSc Finance and Accounting, ICAEW Trainee

Graduating from the Norwich Business School in 2014 and currently taking my final examinations with the Institute of Chartered Accountants of England and Wales, I have been in practice with Triple Bottom Line Accounting since February 2014.

Specialising in new business start-ups, Taxation and Small Enterprise I have been able to help many clients make their dreams of running their business a reality as well as giving established companies strategic financial advice to achieve their goals.

Outside the office you’ll find me sitting behind his drum kit for bands and orchestras or clocking up the miles with local cycling clubs.

luke@triplebottomlineaccounting.com

Lamon French

Client Executive

BSc Business Finance and Economics, ICAEW Trainee

My role includes serving and advising clients, both individuals and companies, on business, accounting and taxation matters. I have been specialising in charities and not for profit organisations.

I have a strong belief in our triple bottom line ethos; people, planet and profit and that business is a platform and medium to better peoples lives whilst being environmentally conscious and making a profit. A win-win-win situation.

lamon@triplebottomlineaccounting.com

Services

We provide services to the following organisation types: Companies, Partnerships, Sole traders, Charities, Community Interest Companies and Social Enterprises..

Bookkeeping
Business Start Up
Wages
VAT
Self-assessments
Corporation Tax Returns
Tax Planning
Company House Dealings
Charity Commission Interface
Cloud Accounting and Management Accounting
Management Accounting

Bookkeeping

We run simple spread sheet systems to more complex accounting packages.

Our bookkeeping service includes:

  • Set up accounting systems and advice on running once set up
  • Support in interfacing with point of sale, expense payment and other accounting systems and applications
  • Advice on how to organise your expenses, what can and can’t be claimed and how best to record expense transactions
  • Simple cashbook spread sheets to record and analyse your banking
  • Accounting software package support

We sell and support:

  • FreeAgent
  • Quickbooks
  • Zero

We prefer to work in the cloud and can provide accounting software at discounted prices. We’re happy to work with any accounting package to which you have a preference.

We prefer to help you record your transactions at source, making this as simple and as hassle free as possible for you. If you prefer to send us a bag full or receipts we will manage this for you too – for a competitive bookkeeping fee.

Business Start Up

We will help you develop your business plan. Not just the financials, we’ll work with you on setting Goals, Objections and Strategy for your business along with looking at all the aspects of the Business by helping you complete a full Business Plan. Expect us to challenge you on the viability of your business proposal.

We’ll help you decide what legal form your business should take and then set it up for you.

Once you are legally formed we help set up your operating accounting processes (see bookkeeping).

We apply for the inland revenue services that you require such as Self Assessment, Value Added Taxation, Payroll, Corporation Tax and ensure access to these government gateway services.

You just need to provide information about you and your business we do the rest from a legal and taxation viewpoint. This enables you to focus on the important things about your business and run the day-to-day operations.

Wages

We run payroll services using The Payroll Site.

We make sure that you do not fall foul of the new RTI rules.

Along with monthly (or weekly payroll), we do the annual returns P35 and P60 and P11D benefits returns after each tax year.

Based on your advice on what to pay we will run payroll, set up starters and prepare P45’s for leavers. We send you payslips and inform you of net salary payments and what to pay the Inland Revenue and when.

We have registered all our payroll customers for the Pension Regulations and are advising them of how to comply with the requirements by their staging date.

VAT

We advise on when to register and deregister from VAT.

How to maintain your records to ensure that you are keeping proper records for VAT.

Advise on invoicing compliant with VAT rules.

We file your returns looking to ensure that you don’t miss deadlines.

We run and advise on Flat Rate Scheme, Cash Accounting and Accruals Accounting for VAT.

VAT can be complex, we help you through this complexity.

We advise charities on whether their grants are subject to VAT and how to avoid getting into this situation.

Self-assessments

We run a basic self-assessment completion service.

You supply us details of your income from all sources and we complete the return for you.

If you are a small self employed business or partnership we will compile accounts and look to ensure that your expenses are accurately reflected in those accounts.

Corporation Tax Returns

We produce accounts that are compliance with Accounting Standards and Company House requirements.

We look to work with you to ensure that your accounts and tax returns are filed with Inland Revenue and Companies House.

Tax Planning

We assist you with deciding how to structure your financial affairs, this will include whether to form a limited company and how to time your salary and dividend payments.

We will help you with financial scenario planning showing the taxation implications of organising your affairs in different ways.

We keep up to date with tax legislation and will inform you of the implication of major changes that affect your financial affairs.

We believe in fair taxation, that individuals should pay tax based on and reflective of their economic transactions.

We do not support tax evasion – it's illegal.

Company House Dealings

We file annual returns and accounts with companies house.

Our service includes helping you with company secretarial matters, such as AGM’s and dividend notices.

We will also assist with structural changes to your organisation such as changes to directors, shareholdings, change of name, etc.

We maintain your company register which is a legal requirement for directors.

Charity Commission Interface

We keep up-to-date with charity accounting rules, cover all types of social enterprise structure (Charities regulated by Trust, Limited Liability Charities, Community Interest Companies, Co-operatives, etc.)

We offer the following services:

  • Bookkeeping
  • Charity startup
  • Wages
  • Trading subsidiaries
  • Tax planning
  • Charity commission interface
  • Gift aid
  • Fundraising
  • Governance

We are registered members of the Institute of Independent Inspectors and will inspect your records and make appropriate reviews to enable us to issue an Independent Inspection Report that meets the requirements of the Charity Commission.

We produce charity accounts using the Charity Commission templates and assist in filing annual returns.

Cloud Accounting and Management Accounting

We support cloud accounting.

  • FreeAgent
  • Quick Books Online
  • Xero

We’re not a one trick pony; and look to match you up to the cloud solution that meets your needs.

Most of our clients are now using one of the above solutions and are finding that these packages enable a self-service accounting solution that is easy to use.

We provide training and support in your chosen solution.

Management Accounting

This includes price reviews, modelling of business costs and break even along with budgeting and cash flow forecasting. Quarterly and monthly financial reports explaining how a client’s business has performed.

We have reviewed clients pricing models, making sure that they are recovering all of their prices.

Clients

This is what our clients say about us…

Since 2012 Triple Bottom Line Accounting Ltd have been reviewing our annual accounts and advising where necessary. They carry out the Independent Examiner’s Inspection as required by the Charity Commission, and provide the Examiner’s Report, submitting both accounts and report to the Charity Commission. We have found their involvement helpful, and the work always delivered appropriately and at a reasonable price.

Clover Hill Community Association

Sally Evison - Support & Development Worker

We are new to TBLA and in a very short period they have sorted out our company accounts, tax returns and taken over our payroll. We had a 3 month penalty from our previous provider which they discounted from their fees, which are much less than we used to pay. I am impressed by their service and attitude. I'm pleased to recommend them to other companies and charities that need a good, fair priced accountancy service.

MTM Youth Services CIC

Harry Town

Peter Ellington and his team at Triple Bottom Line Accounting prepare both our business and our personal accounts and submit them to Inland Revenue annually. They also provide us with an excellent service throughout the year on matters concerning accountancy and accounting law to ensure that we work efficiently and profitably. Over the years TBLA has also played an important role in designing and developing the business. Peter and his team are very personable, approachable and a pleasure to work with.

Permanent Publications

Tim and Maddy Harland

Triple Bottom Line Accounting have been our accountants for three years and have steered us through the massive changes we have had to undergo once our social club started to do so well. Our group of Trustees and Committee Members who run the centre in their spare time are simply local people who are happy to help. None of us have any accountancy or legal experience and we would have made many mistakes through ignorance and inexperience without TBL by our side for every step.

We have been supported through the mysteries of setting up a company and registering for VAT in addition to all the day to day administration of payroll and preparing accounts for the end of the financial year.

Despite our inadequacies and clear ignorance TBL have managed to guide us with a professional manner and respect.

Heathlands Community Centre

Amanda Adams

Contact

Now based at the Enterprise Centre, Room TEC 0.12, University of East Anglia

peter@triplebottomlineaccounting.com

01603 619 570