Job costing and retentions
Allocate labour, materials and subcontractor costs job by job. Keep a schedule of retentions owed to you and retentions you owe, with expected release dates.
Accounting for construction and property
See what each job earns, what’s held in retention and what’s due to HMRC. We handle bookkeeping, CIS, payroll and accounts for UK construction and property businesses.
Your dedicated account managerBacked by an ACCA-qualified team
Akash Pandey, FCCACo-founder
Nitin Punera, ACCACo-founder
Trusted by UK businesses
Where the numbers get complicated
Job costs eating into the margin
Cash held in retentions
CIS and reverse-charge VAT
Rent and repairs across properties
What we take care of
CIS, VAT and site payroll
Help verify subcontractors, reconcile CIS deductions and prepare monthly CIS returns where required. Check reverse-charge invoices and run payroll for site employees.
Rental accounts and property SPVs
Track rents and costs by property and keep records for each special purpose vehicle (SPV). Prepare company accounts and tax returns where included in your scope.
| Work invoiced | £48,000 |
|---|---|
| Labour and materials | (£33,600) |
| Job margin to date | £14,400 |
| Retention held | £2,400 |
From first call to month end
Intro call
Tell us what you do, how you keep your records and which deadlines are coming up.
Scope and quote
We agree what we’ll handle, what you’ll send us and when. You get a quote for that work.
Handover
We collect your job list, open retentions, subcontractor records and payroll cut-off dates. If you have property companies, we confirm which books belong to each one.
Month end
We reconcile payments, track costs by job and review retentions. You can see what’s due from customers and what you need to set aside for payroll and HMRC.
Trusted by construction and property businesses
Steden Construction Ltd
Domestic building construction and painting.
Humphreys Houses Limited
Property company buying and selling its own real estate.
Prospera Prime Properties Ltd
Property ownership, letting and management.
Pricing
Start with bookkeeping and payroll. Add compliance, reporting or both, depending on what you need.
Base service
Bookkeeping & payroll
From £249 a month
- Bookkeeping
- Payroll processing
- Payment runs
- Bank reconciliations
- Multi-territory payroll
- Cap table management
Add to bookkeeping & payroll
Compliance
£1,800 per year
- VAT registration & returns
- Statutory accounts
- Tax filings
- Annual share scheme & EMI returns filing
Quoted separately
- R&D credits
- International compliance
Add to bookkeeping & payroll
Reporting
£1,200 per month
- Cash flow tracking
- Monthly KPI reports
- Management reporting
Quoted separately
- Financial forecasting
- Board reporting & modeling
- System implementation
Frequently asked questions
Yes. We can reconcile deductions, record the payments you make to subcontractors and prepare the contractor’s CIS return. We also record CIS deductions suffered if you’re paid as a subcontractor. HMRC guidance on monthly CIS returns.
It applies to qualifying construction supplies. We check the VAT and CIS status of the transaction, the type of work and whether the customer has notified you that it’s an end user or intermediary supplier. Where the charge applies, the customer accounts for VAT. HMRC construction reverse charge guidance.
Yes. We can keep the SPV’s records separate, reconcile rental income and expenses by property, and agree which company accounts and tax filings are in scope.
Bookkeeping and payroll start at £249 a month. Compliance costs £1,800/year and reporting costs £1,200/month. Both are optional additions to bookkeeping and payroll.
Let’s talk about your accounts
Tell us what you need help with. We’ll reply within one working day.
