Accounts & Bookkeeping Services within your local area

Thecbsltd providing Bookkeeping Services to suit your business

Thecbsltd located in Chalfont St Peter [Gerrards Cross]


MONDAY         8.00AM : 17.30PM

TUESDAY        8.00AM : 17.30PM

WEDNESDAY   8.00AM : 17.30PM

THURSDAY      8.00AM : 17.30PM

FRIDAY           8.00AM : 17.30PM

SATURDAY      8.00AM : 12.00PM


Not Just a bookkeeper an ICB Bookkeeper

The Chalfont Bookkeeping Service Limited (Thecbsltd) provides Accounts & Bookkeeping services within your local area. These include Final Accounts for Limited Company (FRS 105), Sole Trader, Partnership, Non Profit Organisations, Vat tax Returns, Payroll, self assessment tax returns. These bookkeeping services are not limited to just The Chalfonts with cloud based computerised accounting software such as Xero, Quickbooks and payroll software such as Brightpay you are just a click away.

The Chalfont Bookkeeping Service Limited is a member of The Institute of Certified Bookkeepers (ICB).

Located in Chalfont St Peter a village local to Gerrards Cross in Buckinghamshire, within a group of villages collectively called The Chalfonts this includes Chalfont St Giles and Little Chalfont.

These Accounts & Bookkeeping services are available to you in local areas such as Amersham, Beaconsfield, Chesham, Denham, Farnham Common, Farnham Royal, Fulmer, Gerrards Cross, Harefield, Hedgerley, Iver, Iver Heath, Jordans, Maple Cross, Ricksmansworth , Seer Green, Slough, Stoke Poges, Uxbridge, Watford, Wexham.

Self Assessment

With January 31st fading into the distance where you an early bird in submitting your 2019-2020 return or where you one of those who buried your head in the sand in the hope it would sort it’s self out. 96,519 filed their returns on 6th April 2020 as against 702,171 scrambling to file and pay their returns on 31st January 2021. For those struggling due to the pandemic they could submit their returns by 28th February without incurring a late filing penalty but would incur interest on late payments.

So who is smarter those that filed on 6th April or those that filed on 31st January, for those that filed on 6th April they have: 

Peace of mind that they had filed their return.
Received any refund due 10 months earlier than those that filed on 31st January.
Had 10 months to save any tax due.
Had 10 months to amend their return if any errors/additional information came to light.  

Important dates for 2020-2021 Tax Returns
Register for Self Assessment               5th October 2021
Paper tax returns                               Midnight 31st October 2021
Online tax returns                              Midnight 31st January 2022
Pay the tax you owe                           Midnight 31st January 2022

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Still deciding about outsourcing your bookkeeping services (accounts)

1. Are you classed as a Small or Medium-Sized Business (SME)

There were 5.9 million private businesses in the UK at the start of 2019. More than 99% of which are small or medium-sized businesses (SMEs) according to the Department for Business, Energy & Industrial Strategy.

SMEs, which are defined as businesses fewer than 250 employees, accounted for 60% of all private sector jobs in the UK, a total of 16.6 million. Make no mistake about it, SMEs are crucial to the UK’s economy and their contribution is increasing every year.

Of these  small businesses more than 76% are single-person enterprises with no employees (4.458 million). Add this to the 1.155 million micro-business (1-9 employees) and it turns out more than 95% of businesses in the UK employ fewer than 10 people.

That’s quite a lot of statistics we’ve just thrown at you so let’s just have a quick recap of the key figures:

  • 99.9% of all UK businesses are classed as SMEs (0-249 employees)

  • 0.6% are medium-sized businesses (50-259 employees)

  • Less than 4% are small businesses (10-49 employees)

  • More than 95% are micro-businesses (0-9 employees)

The 4 regions above the national average are London, South-East, South-West and East of England with London being the fastest growing region increasing by 52% since 2010. This roughly means that a third of all UK businesses are located in London or the South-East.

2. Is your Small Businesses built to last the test of time

According to the latest figures from the Office for National Statistics released in November 2019, only 42.4% of businesses started in 2013 were still trading five years later in 2018. Almost half of businesses make it to their fourth year (49.3%) while the percentage of enterprises that survive for two years has dropped to 68.3%.

Sectors with the highest new start-up businesses are Retail, Accommodation and food services, business administration and support services and transport and storage ranging from 12.1% to 16.5%. These businesses also account for the highest sectors of failed businesses ranging from 15.5% to 17.8%. 

3. Is Getting Paid Still A Problem For your Small Businesses

Unfortunately, attracting customers is not always enough for businesses because it turns out getting them to pay can be a real problem, too. Research from the Federation of Small Businesses (FSB) indicates that poor payment practices, such as late payments, affects 80% of the UK’s small business community. FSB also calculates that late payments to SMEs costs the UK economy as much as £2.5 billion every year and causes 50,000 small firms to collapse on an annual basis. Another issue is that small business are not keeping up with the latest payment technology. Things like contactless payments and the ability to take payments instore, over the phone or online.

4. Are you underestimating The Costs Of Running A Business

According to the 2019 Intuit Cash Flow Survey, 69% of small business owners say they have been kept up at night by concerns about cash flow.

This really is not a good way to get things started. Do you know that late payments are a major problem for SMEs in the UK. This issue is compounded with the challenges of accurately estimating the running costs of an enterprise – especially in the first year of operation.

Some of the start-up expenses being:


Utility services

IT equipment

Office furniture



Professional fees


If some or all of the above points resonate with your business follow this link for 7 benefits of outsourcing your bookkeeping services (accounts)

Coronavirus image

In these unprecedented times when people have the worry of social distancing to remain virus free.  Many are at home unable to work worrying about how to make ends meet following the government enforced lockdown. This involved closing industries down to prevent the wide spread of the virus. This has forced the government to produce financial schemes in addition to the existing support schemes.

Check the government website for full details of each available scheme

Work-Life Balance
Can App’s help the small business owner to redress the balance

Is your Work-life balance out of balance due to you spending more time working on your accounts & bookkeeping than you need to?

Are you prioritising the right work tasks?

Are you having cashflow problems?

Are the systems you presently use the right ones if you are looking to expand your business?

Are you using technology in the workplace?

If any of the above statements seem familiar, then the following may be of interest to you.


Are your cashflow issues caused by one or more of the following:-

  1. You have done the work but have not invoiced the client.

  2. You have invoiced for the work but have not chased up the client if payment is late.

Ways that can improve cash flow:-

  1. Prioritise your time to ensure invoices are created and sent in a timely manner, no income = no business.

  2. If you do not have the time and do not use an accounting software package but use a bookkeeping service. Add creating invoices and checking for late payment to the engagement contract.

  3. If you use an accounting software package it may allow you to send a reminder email if the  payment is late.

  4. If you use an accounting software package it may allow you to add a payment app to your invoice.

For every individual there is a way to resolve any pain points each solution depends on personal circumstances and how you value your time against the cost of technology and the potential time saving.

Whether you currently use accounting software or not there are numerous app’s available for different functions and industries. Apart from your time a conversation with us to discuss if any of the available app’s are suitable for your business is free of charge.

Other reasons for considering why app's help small businesses are:

  • They help you stay organised.

Using the principle that 80% of sales come from 20% of customers, can you identify the demographic of these customers. Contact management app's can provide the detail to help you.

If your business is looking to promote itself do you know the marketing techniques are best for you? An app that tracks inbound customers saves time and money in providing the data and therefore the best strategy for your marketing.

  • They can eliminate data entry.

App's can save valuable time regarding data entry in sectors like banking where automatic downloads of bank transactions are available. Helping businesses to keep on top of cash flow in real time rather than waiting for the monthly statement to drop through the letterbox.

If your business needs to know accurate time tracking there are app's that can assist in this process, allowing you to assess the budgeted time of a project against the actual time taken.

If your business has a high level of expense management and for whatever reason not all items get recovered from your clients, but still need to be tracked then you require an app that can track expenses.

  • They can help to streamline the accounting process that suits your business.

App's are designed for specific industries with functions you can tailor for your business accounting process. There are app's that can be used by any industry such as payroll. So, if you have salaried or hourly paid employees these types of app's allow you to review and approve payments leading to accurate time sheets and prompt payments.


Research by Intuit found that nearly 70% of small businesses benefited when using app's to streamline business functions. The downside was that 41% got confused as to which app's could be useful to them due to the numerous app's available.


Contact Us


The Chalfont Bookkeeping Service Limited

Incorporated in England

Co. Registered No. 11778865


Tel: 07960 499 267

Address: Denham Lane,

Chalfont St Peter ,

Gerrards Cross,



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