We established Cottons to serve as a dependable resource for business owners navigating the often complicated terrain of financial management. As qualified accountants and trusted advisers, we combine technical knowledge with an understanding of our clients' broader commercial objectives. Our methodology emphasises making sense of financial information, helping businesses not only comply with regulations but unlock their full potential through well-informed decisions.
Whether its helping businesses with routine compliance or advising on mergers, payroll, audits or tax efficiency, our services are comprehensive and adaptable. We appreciate that no two businesses are alike, and so we approach each client with a tailored strategy. We place strong emphasis on transparency, accessibility, and responsivenessensuring clients receive the highest level of professional service. With a proven ability to deliver measurable results and foster enduring relationships, Cottons continues to be the partner of choice for businesses across various sectors.
Whether its helping businesses with routine compliance or advising on mergers, payroll, audits or tax efficiency, our services are comprehensive and adaptable. We appreciate that no two businesses are alike, and so we approach each client with a tailored strategy. We place strong emphasis on transparency, accessibility, and responsivenessensuring clients receive the highest level of professional service. With a proven ability to deliver measurable results and foster enduring relationships, Cottons continues to be the partner of choice for businesses across various sectors.
Served areas
- Milton Keynes
Details
- Year established: 1983
- Employees: 100
- Licensed
- Insured
Highlights and features
- Expert business advice tailored to your growth goals
- Clear insights that drive better business decisions
- Comprehensive accounting, tax, and payroll services
- Dedicated support with a personal, hands-on approach
- Efficient audits with a focus on accuracy and value
Associations and certifications
- ICAEW
Payment methods
- Cash, Checks, Debit cards, Credit cards, Mobile payments, Bank transfers
Services
Cottons provides management accounts designed to support strategic and operational decisions with clarity and confidence. Our team ensures you have access to timely and accurate financial information, rather than outdated figures. We also offer integrated solutions including bookkeeping and payroll to keep your finances in sync. Each report is shaped around your business goals and growth plans.
Our bookkeeping service provides full support with your routine financial record keeping, freeing you from administrative pressures. We compile essential financial statements, ensure compliance, and give you clarity on debtors, creditors and cash flow. With our professional oversight, your business gains a clear view of its financial position without the burden of in-house data entry.
Administering VAT effectively requires detailed attention to accounting and regulatory compliance. We handle everything from routine quarterly submissions to more complex scenarios involving business transfers or partial exemptions. By working with us, your business avoids costly mistakes while ensuring full compliance. We take care of the VAT process, allowing you to focus on business growth.
Our corporation tax services are designed to remove the complexity of tax compliance for business owners. We oversee all aspects, including documentation, submission, and ongoing liaison with HMRC. By combining technical expertise with tailored planning, we ensure your business meets its obligations while staying competitive. Strategic consultations are also available to support future growth.
Completing a self-assessment tax return is essential for individuals with income outside standard employment, such as landlords or sole traders. We offer expert assistance to ensure each return is accurate, complete, and submitted on time. Our accountants work to uncover potential tax reliefs and savings, while also advising on payment options if you're experiencing cashflow issues. Trust us to streamline the process for you.
People
Luke Prout
Tax Partner
Luke joined Cottons in June 2024 as a Tax Partner and has over 20 years experience in providing tax compliance and advisory services to all sizes of business, their owners, within the UK and also internationally.
Luke is a hands on partner and takes great pride in delivering the best outcome for his clients and works very closely with them to achieve the personal and business goals. Lukes role is to ensure that the clients of Cottons are looked after and also steering the tax services from a strategic viewpoint.
Luke is a hands on partner and takes great pride in delivering the best outcome for his clients and works very closely with them to achieve the personal and business goals. Lukes role is to ensure that the clients of Cottons are looked after and also steering the tax services from a strategic viewpoint.
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