Tell us how we’re doing!

If you are a client of ours, you may have already received one of our bespoke feedback surveys. You may have even thought to yourself “I wonder if anyone actually reads these?” well… the answer is yes!

The feedback forms which we receive are read out to the whole team at our weekly team meeting to ensure their hard work is noticed and also to be aware of any improvements suggested. Better yet, you are also entered onto our system where names will automatically be placed in Torr Waterfield’s annual prize draw to win a luxury Christmas hamper – So it is safe to say that we do act on the feedback received from our clients! You are THE most important part of the business.

This is why Torr Waterfield aspires to continually deliver in accordance to your expectations and never give you any cause for complaints. We always value receiving feedback about our services – So it doesn’t matter whether you have received a feedback form to fill out or not!

We would be grateful for a few short minutes of your time to create a testimonial about our services or any other thoughts you would like to share. This could be related to a positive experience you had with us or describing how you have benefitted from our services. Likewise, we also welcome any suggestions or criticisms.

Permission to put your testimonial in our collection book of comments about our services would be significantly appreciated. This will be placed in the waiting area on reception for our clients to read. They may even make it to the testimonial section on our website which you can view here.

Your feedback can be emailed to info@torrwaterfield.co.uk or you can post it to our business address. Previous testimonials have been handwritten, had pictures on or had humour to them – so feel free to be as creative as you want!

We look forward to hearing from you soon!

Amy Fisher, Administration & Reception_DSC1514

Childcare and employer provided childcare vouchers.

Are you a working parent with a child entered into child care?

You could benefit from a cash saving scheme that wochildcare-blocks-1-thumb-2.pngrks with childcare providers………………

Childcare vouchers are a government approved benefit for all eligible working parents.

These are a tax efficient way of paying for childcare that won’t cost you anything to join.

Most childcare providers will accept childcare vouchers towards payment for your childcare costs.

Childcare vouchers can be claimed by either or both parents for children up to the age of 16.

You can exchange up to £55.00 per week, or £243.00 per month, of your gross salary depending on when you have joined the scheme and how much you earn. 

As an employer here at Torr Waterfield we run a childcare voucher scheme that assists all our working parents with children in childcare.

Not only does this help our employees with the costs but also saves the company in National Insurance costs.

Speak to your employer now and see if you are eligible….

How we can help

If your business is located in the Leicester area and you would like to discuss setting up an employer supported childcare scheme in further detail, please do not hesitate to contact us.

We also have lots more info on our website please click here  

Sarah Knight, Bookkeeping 

Torr Waterfield’s Lake Windermere Charity Walk

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Our chosen Charity of the year is ‘LAMP’ – Leicestershire Action for Mental health Project which helps those in mental distress. To raise some money for this amazing cause the Torr Waterfield team are taking on Lake Windermere, the largest lake in England.  Whilst this sounds a bit of a stroll, (the length of the Lake is only 10 1/2 miles), due to the fact that you cannot actually walk along the shore of the lake the total distance to walk around the lake is 45 miles which we are hoping to complete in two days – 24th and 25th September. Leading the group on this 2 day challenge is Mark Torr, Mike Waterfield, Tom Simpson and Stuart Caney.

The challenging walk circumambulates Windermere and includes just about all the accessible lakeshore paths together with ascents of the high points around the lake. It thus offers an ever changing vista of the lake and visits both popular and out of the way places. Although this is a similar distance to last year’s challenge, the terrain of the Lake District is very different to that of the North Norfolk coast!

It would be incredible if you could show some support for the team and make a donation small or large, it’s all for a great cause.
Please Click Here for our donation page.

If you would like to see more of what LAMP do please click here and visit their website or read our blog here.

Why do Management Accounts?

After seeing the shock on clients’ faces when they are told of their company and personal tax liability from their year end accounts, or issues with internal costing resulting in low profits, monthly, or at least quarterly, management accounts are vital to ensure that business owners are fully aware of the current position of the investment of their time, money and effort.

What are Management Accounts?

Management accounts are prepared in a similar way to year end accounts but are for part of the year.

Provisions can be made by performing tax calculations and pro-rating tax  liabilities; cash flow can be reviewed to ensure all  liabilities can be paid.

Company profitability can be reviewed and decisions made if sectors of the business are under performing.

Who can use Management Accounts?

Management accounts can be used by the owners and managers of the business for decision making.

Providers of finance also review management accounts to consider current or future lending.

Customers or suppliers may also request management accounts, this may help win a new client or secure more favorable credit terms.

How often should Management Accounts be prepared?

Management accounts can be prepared for any period of time.

It is good practice to at least prepare management accounts quarterly in line with the business accounting year.

Can any business prepare Management Accounts?

All type of business – Sole Traders, Partnerships, LLP’s, Limited Companies and PLCs should all prepare management accounts so they are up to date with the financial position of their business.

If you need assistance in preparing management accounts, or just don’t know where to start, call Alistair Ferris FCCA.

alistair.ferris@torrwaterfield.co.uk

Direct Tel: 0116 242 3420

Mobile: 07515 330 332Alistair