Author Archives: Sedulo

Sedulo raise £20k of finance for business start up Watadventure

We have raised £20,000 of finance to help with the start-up of children’s book publisher Watadventure. The Manchester based company who specialise in producing personalised children’s books, will be using the monies to market the project which is currently pre-revenue … Continue reading

Tweets on the Autumn Statement

We gave control of our Twitter to our Tax team yesterday as they gave live updates on the Autumn Statement. Here’s a break down of what went down in the House of Commons: *Twitter Takeover* We're giving control to our … Continue reading

Top 3 most creative crowdfundings

Crowdfunding is an alternative way of funding that allows individuals to take their ideas forward and make them a reality with the power of other people, ‘The Crowd’.  We have searched around and came up with the top 3 creative … Continue reading

No wine for Elaine…

Throughout the whole month of November, Elaine will be attempting her ultimate challenge in order to raise over £100 for one of her friends, Alan Sneddon, who has taken on a challenge for Once Upon A Smile to make Christmas … Continue reading

Discussion – The increase in the small company definition

Dan Wilson, Head of Business Advisory, is discussing what the increase in the small company definition will mean for UK companies. The current audit threshold has been in place since 2009 and is the same as the small company definition, … Continue reading

Discussion – Audit Threshold Increase

Our Head of Business Advisory Manager, Dan Wilson is discussing both sides of the argument on whether increasing the audit thresholds will be beneficial to companies. “The increase in the small company threshold has thrown up debate about whether the … Continue reading

What is an annual return?

Companies registered with Companies House must also file an annual return each year as at the anniversary of the incorporation of the company, and are allowed to do so within 28 days of that date. They can be filed earlier … Continue reading

Top 3 key points to know for year end accounts

We’ve got you covered when it comes to year end accounts – from preparing and filing annual accounts to the completion of the corporation tax paperwork. So, we thought we’d break it down for you with our top 3 points, … Continue reading

What are management accounts, who needs them and why should I have them?

We break down the what, who and why all important questions on management accounts… What are management accounts? Management accounts are a set of summarized financial numbers which are designed to help business owners understand the parts of their company … Continue reading

Sedulo victorious at charity football tournament

On Friday October 23rd, we took part in the Once Upon a Smile charity 5-a-Side football tournament – and came out as the champions! The tournament, organised to raise funds for bereaved children in the North West, was held at … Continue reading

What are my year end obligations?

Companies must file accounts once a year at Companies House. Statutory abbreviated accounts must be filed at Companies House 9 months after your year-end date (6 months if a Plc). For small companies, an abbreviated set of accounts can be … Continue reading

Do you need to provide a personal guarantee?

If your business has been turned down for a commercial loan due to a lack of tangible security then the Enterprise Finance Guarantee Scheme (or EFG) may well provide a solution for you. Whilst the loans are guaranteed by the … Continue reading

Who can prepare financial projections?

Clearly a good knowledge of spreadsheets is required alongside a thorough understanding or accounting to create a working set of projections. This is because any change to say, sales levels needs to impact on profitability, debtor levels and also cash … Continue reading

The Top 5 benefits of confidential invoice discounting

Invoice financing, also known as confidential invoice discounting or factoring, is a genuine alternative to traditional bank funding and in many cases is a better option for businesses. Here are our top 5 reasons to consider this type of funding … Continue reading

Client Corner – Jason Roberts Foundation

In our Client Corner this month is The Jason Roberts Foundation, a charity working to support young people, celebrate diversity and promote respect across the UK and Grenada. The Jason Roberts Foundation was set up in 2007 by former professional footballer, Jason Roberts. … Continue reading

Expert View – Are EIS and SEIS tax breaks too complicated for most SMEs?

Accountancy Live have been discussing how the Institute of Directors (IoD) are calling on government to simplify the Enterprise Investment Scheme (EIS) and Seed Enterprise Investment Scheme (SEIS) tax breaks for Continue reading

Top 5 Crowdfunding websites according to the internet…

Crowdfunding is an alternative means of funding that allows individuals to take their ideas forward and make them a reality with the power of other people, ‘The Crowd’. It is the practice of funding a project by raising monetary contributions … Continue reading

Sedulo’s Lee prepares to tackle to Ilkley Triathlon

On Sunday 20th September Sedulo’s Lee will be attempting his very first triathlon in which he will be swimming, running and cycling nearly 20km, in a bid to complete the sprint distance event, the Ilkley Triathlon. Taking part in a triathlon … Continue reading

Is a merger of income tax & social security realistic?

As each tax year passes we hear more and more people calling for a simpler tax system in the UK. As it stands, the UK tax system is one of the most complex in the world. When the Chancellor announces … Continue reading

Charity Audits | Guide

  Covered in this guide… Do I need to have my charity accounts audited? If I don’t need an audit, do I need an Independent Examination? Charities Commission Requirements Your next step…

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