Business Details
42 Years
experience
Trusted Chartered Accountants in Hereford
Established in 1984, Young & Co & Co is a leading independent firm of Chartered Accountants and Registered Auditors based in Hereford, West Midlands. Our team of dedicated professionals, many with experience at top UK accountancy firms, provides tailored audit, tax, and business strategy services to individuals and businesses nationwide. We specialise in delivering actionable financial insights, ensuring compliance while minimising tax liabilities through proactive planning. With a partner-led approach, we focus on understanding client needs to offer strategic advice that drives growth and long-term prosperity.Our expertise spans business formations, cash flow forecasting, payroll services, and sector-specific support for industries like food and drink, charities, and armed forces. We combine technical excellence with a commitment to client education, empowering informed financial decisions. As Sage Accredited Accountants, we also provide cutting-edge IT solutions to streamline accounting processes. Our office in St Ethelbert House, a historic Hereford landmark, reflects our deep roots in the community while serving clients across the UK.
Services
Audit and Accountancy
Tax Planning
Business Strategy
Outsourcing
Payroll Services
Details
- Year established: 1984
Highlights and features
- Partner-led approach with experienced professionals from leading UK accountancy firms
- Tailored services combining technical expertise with strategic business growth advice
- Sage Accredited Accountants offering integrated IT solutions for financial efficiency
- Nationwide service with deep local knowledge of Midlands, Wales, and West Country
- Proven track record in securing business financing through detailed cash flow forecasts
Associations and certifications
- Institute of Chartered Accountants in England and Wales
Services
Audit and Accountancy
Our audit services provide comprehensive financial health checks, ensuring statutory compliance for medium and large businesses. We prepare accurate accounts, identify performance trends, and offer strategic advice to improve profitability. Our team works alongside in-house finance staff or manages full accounting functions for businesses of all sizes, ensuring adherence to International Auditing Standards.
Tax Planning
We offer proactive tax planning for individuals and businesses, minimising liabilities while ensuring compliance. Services include inheritance tax planning, VAT management, self-assessment returns, and corporate tax strategy. Our fee protection insurance covers costs during HMRC investigations, and we provide specialist support for legal advisors on estate and trust taxation.
Business Strategy
From start-ups to established companies, we deliver strategic business advice covering formations, cash flow forecasts, and financing. Our services include business plan development, IT system integration, and corporate compliance support. We specialise in helping clients access funding through Enterprise Finance Guarantee Schemes and High Street banks.
Outsourcing
Our outsourcing solutions handle payroll, bookkeeping, and management accounts, freeing clients to focus on core operations. We manage all aspects of payroll processing, VAT returns, and financial reporting, with expertise in transitioning businesses from manual to computerised systems while maintaining strict confidentiality.
Payroll Services
We provide comprehensive payroll management, handling tax deductions, National Insurance contributions, and mandatory digital filings. Our dedicated team supports businesses of all sizes with BACS reporting, employee onboarding, and compliance with evolving government regulations, ensuring accurate and timely payroll processing.
People
Andrew Young
Founder
Andrew Young & Co & Co established the practice in 1984, growing it from a home-based operation to a respected Chartered Accountancy firm. His vision for client-focused service remains central to the company's approach despite its transition to a Limited Company in 2025.
Questions
What accounting services do you offer for small businesses?
We provide complete accounting solutions including bookkeeping, management accounts, VAT returns, and statutory compliance for small businesses.
Do you specialise in any particular industry sectors?
Yes, we offer tailored advice for charities, food and drink businesses, and armed forces personnel, alongside general business services.
Can you help with business start-up requirements?
We assist with business formations, cash flow forecasting, and accessing financing through detailed business plans and Enterprise Finance Guarantee Schemes.
What tax planning services are available for individuals?
Our services include inheritance tax planning, self-assessment returns, and strategic advice to minimise personal tax liabilities.
Do you offer IT system integration for accounting?
As Sage Accredited Accountants, we help clients select, implement, and manage computerised accounting systems with ongoing technical support.
