Everything Your Business Needs,Done Properly
Running a business comes with enough challenges. Keeping your financial records accurate, compliant and up to date shouldn’t be one of them. At Waterman Bookkeeping, we offer a complete range of bookkeeping and financial support services to help you stay organised, save time, and feel confident in your numbers.
Whether you’re a sole trader, limited company, contractor or a non-profit, we tailor our services to meet your specific needs. You’ll get clear communication, timely reports, and peace of mind knowing everything is handled professionally.
We believe bookkeeping should feel personal, not transactional. That’s why every client we work with is assigned a dedicated bookkeeper who becomes a consistent point of contact and a genuine part of your team. They’ll take the time to understand your business, how you operate, and what you’re aiming for. So the support you receive is always relevant, reliable, and tailored to you.

Day-to-Day Bookkeeping
This is the foundation of everything we do. We manage your day-to-day financial records by accurately recording all income and expenses, reconciling bank and credit card transactions, and maintaining clean, up-to-date ledgers.
We categorise your business transactions according to HMRC rules and provide regular financial reports to give you an accurate snapshot of your business health.
What we handle:
- Bank and credit card reconciliations
- Categorising income and expenses
- Recording supplier and customer invoices
- Petty cash and out-of-pocket expenses
- Digital receipt management (we can advise on software)
- Regular reporting (weekly, monthly, or quarterly)
Client Benefits:
- Real-time financial visibility
- Confidence that nothing is missed or misreported
- Reduced errors at year-end or VAT submissions
- Less admin, more control
VAT Returns
If your turnover exceeds the VAT threshold (or you’ve voluntarily registered), managing your VAT obligations is essential. We prepare and submit accurate VAT returns that comply with Making Tax Digital (MTD), ensuring deadlines are never missed.
What we do:
- Review VAT transactions for accuracy
- File returns directly with HMRC through MTD-compliant software
- Monitor submission deadlines and remind you in advance
- Advise on best VAT scheme for your business (Standard, Flat Rate, etc.)
- Handle partial exemption calculations if relevant
Client Benefits:
- Peace of mind that returns are filed on time, every time
- Avoidance of costly VAT penalties or interest charges
- Advice that could save you money by using the right VAT scheme
- No need to keep manual spreadsheets or chase paperwork
Payroll Management
Managing payroll isn’t just about paying staff. It involves tax, reporting, compliance, and pensions. We provide a complete, HMRC-compliant payroll solution that keeps your business running smoothly and your staff happy.
Included in our payroll service:
- Running payroll (weekly, fortnightly, or monthly)
- Real Time Information (RTI) submissions to HMRC
- Payslips (PDF or portal access for employees)
- Holiday pay, sick pay, and statutory leave calculations
- Pension auto-enrolment setup and ongoing submissions
- Handling new starters, leavers, and P45s/P60s
- Payroll journals for easy integration with bookkeeping
Client Benefits:
- Fully outsourced payroll, no need for in-house expertise
- Staff paid correctly and on time
- Automatic compliance with pension and RTI rules
- Reduced admin burden for you or your HR team
Credit Control
Late payments affect cash flow, growth, and your peace of mind. We offer discreet, polite credit control that protects your business relationships while keeping cash moving.
What we offer:
- Monitoring aged debtor reports
- Issuing professional invoice reminders
- Following up on late payments via email or phone
- Regular updates on overdue balances
- Setting up processes to reduce future delays (e.g. payment terms, invoicing workflows)
Client Benefits:
- Improved cash flow and financial planning
- Reduced aged debts without damaging relationships
- Less awkwardness chasing money from clients
- Time saved by outsourcing the follow-up process
Management Accounts
Ideal for businesses who want deeper insight, our management accounts service gives you monthly or quarterly reports that help you make better decisions based on up-to-date data.
Includes:
- Custom Profit & Loss reports
- Budget vs. actual analysis
- Cash flow overview
- Trend reports and variance analysis
- Forecasting support (when needed)
Client Benefits:
- Clear insight into profitability, growth and risks
- Helps with investor updates, loan applications, or board reports
- Make strategic decisions based on facts, not assumptions
Year-End Accounts Preparation
We prepare your financial records for year-end, ensuring they’re fully reconciled and ready for submission. Either directly to HMRC/Companies House or for your accountant to file.
Our service includes:
- Reviewing and closing the financial year in your software
- Final bank, loan, and asset reconciliations
- Depreciation schedules (if needed)
- Accruals and prepayments
- Trial balance and final reports
- Liaising directly with an accountant, if needed
Client Benefits:
- Accounts completed on time with fewer queries
- Cleaner, more professional year-end submissions
- Reduces accountant fees by handing them a “ready-to-go” file
- Less back-and-forth stress at year-end
Budgeting & Cash Flow Forecasting
We help you look ahead, not just behind. Our forecasting services create financial roadmaps that help you prepare for seasonality, investments, hiring, or navigating downturns.
Service includes:
- Budget preparation aligned to your goals
- Short and long-term cash flow forecasts
- Scenario planning (“what if” analysis)
- Regular updates and reviews
Client Benefits:
- Avoid unpleasant surprises
- Better control over spending and investments
- Confidence when seeking external funding
CIS Returns (Construction Industry Scheme)
If you’re in construction and hire subcontractors, you’ll need to meet strict monthly reporting requirements under CIS. We ensure your returns are filed accurately and on time.
What’s included:
- Verifying subcontractors with HMRC
- Deducting and calculating the correct tax rate (20%, 30% or gross)
- Filing CIS returns monthly
- Generating and issuing deduction statements to subcontractors
- Assisting subcontractors with reclaiming deductions via Self Assessment
Client Benefits:
- Full compliance with HMRC’s CIS rules
- Avoid fines and interest due to late or incorrect filings
- Professional presentation of your subcontractor payments
- Clarity around tax responsibilities, both for you and your subcontractors
Dedicated Bookkeeper Who Knows Your Business
When you choose us, you’re not just getting a service. You’re getting a real person who gets to know your business inside out. From day one, you’ll be paired with a dedicated bookkeeper who will handle your accounts consistently, communicate with you directly, and become a trusted part of your extended team.
What this means for you:
- No being passed from person to person: You’ll always deal with the same knowledgeable bookkeeper, not a faceless team or a rotating pool of staff.
- We learn your business: Your dedicated bookkeeper will become familiar with how your business operates, what matters to you, and how best to support you.
- Consistency and accuracy: With one person managing your records, there’s less room for error, confusion, or things falling through the cracks.
- Personalised communication: You’ll receive updates and support in a way that suits you. You choose whether that’s by email, phone, or scheduled check-ins.
- Trust and reliability: Over time, your bookkeeper becomes someone you can trust with sensitive information and lean on for advice and support.
Ready to Take the First Step?
We’ll tailor a quote specifically for your business based on what services you need. Just fill in our quick online form and we’ll get back to you promptly.