Business Details
17 Years
experience
Trusted Accountants in Consett for SMEs
Established in 2009, Westwood Accountancy is a professional firm dedicated to supporting small and medium-sized enterprises through all stages of business development. Led by a Chartered Management Accountant with nearly two decades of industry experience, we combine technical expertise with a personalised approach to financial management. Our services span bookkeeping, payroll administration, compliance, and strategic financial consultancy, tailored to meet the unique needs of sole traders, partnerships, and limited companies. We specialise in demystifying complex financial processes, offering year-round support to alleviate administrative burdens.Our adoption of Xero online accounting software ensures clients benefit from modern, efficient solutions. With offices in Consett and a client base extending across Tyne Valley, Derwent Valley, Newcastle upon Tyne, and Scotland, we deliver accessible, reliable expertise. Our commitment to plain English communication fosters trust and clarity, enabling businesses to focus on growth. Testimonials highlight our responsive service, cost-effective solutions, and ability to transform financial management into a strategic asset. We pride ourselves on being commercially aware partners, guiding clients from start-up through expansion and beyond.
Services
Bookkeeping
Payroll Services
Compliance
Financial Controller
Xero Accounting
Details
- Year established: 2009
Highlights and features
- We offer year-round support tailored to SMEs across multiple business structures
- Led by a Chartered Management Accountant with 20 years' industry experience
- Xero Bronze Certified partners providing modern online accounting solutions
- Specialise in simplifying tax compliance and financial administration processes
- Proven track record supporting businesses from start-up to growth phases
Associations and certifications
- Xero Bronze Certified
What people say
Perfect solution
Flexible response
Professional service
Great to work with
Thoroughly efficient
Services
Bookkeeping
We manage day-to-day financial transactions and record-keeping in HMRC-compliant formats. Our Xero-certified team provides system setup, training, and ongoing support for manual or computerised bookkeeping. This service ensures accurate financial tracking, enabling informed business decisions while maintaining regulatory compliance.
Payroll Services
From payroll software recommendations to full-service administration, we handle RTI-compliant processing for growing businesses. Our support includes salary calculations, tax deductions, and HMRC submissions while ensuring employers meet their obligations. We simplify staff payment processes while maintaining statutory compliance requirements.
Compliance
We prepare statutory accounts, corporation tax returns, VAT submissions, and self-assessment filings for businesses and individuals. Our expertise covers audit-exempt companies, partnerships, and sole traders. We provide guidance on VAT schemes and ensure timely, accurate submissions to all regulatory bodies.
Financial Controller
Our outsourced financial management service includes cashflow forecasting, budget development, and quarterly management accounts. We help businesses analyse profitability, prepare bank-ready forecasts, and implement financial controls. This service enables owners to focus on core operations while maintaining financial oversight.
Business Start-Up
We guide new businesses through entity selection between sole trader and limited company structures. Our support includes company formation, initial tax registrations, and financial system setup. We provide foundational accounting advice to ensure new ventures establish sound financial practices from inception.
Questions
What accounting services do you offer for small businesses?
We provide bookkeeping, payroll management, compliance filings, financial forecasting, and outsourced financial controller services tailored to SMEs.
Do you support businesses outside the Consett area?
Yes, our online accounting systems enable us to serve clients across Tyne Valley, Durham, Northumberland, Newcastle, and Scotland.
How do you help businesses with tax compliance?
We prepare statutory accounts, VAT returns, corporation tax filings, and self-assessment submissions while advising on regulatory requirements.
What experience does your team have?
Our lead accountant holds CIMA certification with 20 years' industry experience supporting diverse business structures and growth stages.
Can you assist with business start-up decisions?
Yes, we advise on entity selection between sole trader and limited company structures, including formation and initial tax registrations.
What accounting software do you use?
We are Xero Bronze Certified partners, offering implementation, training, and support for this cloud-based accounting platform.
