All about Compass Accountants

Why are we different?

The difference between Compass Accountants and other accountants is that while other accountants focus on the past – your historical accounts and tax returns – we help you to claim your future! – helping you to plan for better profits, paying less tax and creating a more valuable business!

Helping you to shape your future...
...not just accounting for your past!

Background

Compass Accountants is a Chartered Accountancy practice with a team of highly motivated business and taxation advisors.

The practice was established in 1981 and has developed a reputation for looking after and providing an all round service for a wide range of owner managed businesses.

Our existing client base is comprised of a wide variety of businesses, professions, clubs and charitable organisations, all of varying degrees in size, as well as a large portfolio of private tax clients.

The clients of the practice are largely based within the area from the New Forest up to Winchester, across to Alton, Godalming, Haslemere and Petersfield, down to Chichester and into Bognor Regis. However, we also act for a number of other clients that are further afield, including subsidiaries of overseas holding companies.

Our Mission

Our mission is to provide a comprehensive range of business and taxation services, delivered with a personal service of the highest standard that fulfils our clients’ needs and exceeds their expectations.

Our delivery

Compass Accountants recognises the need to invest in its people and has developed a team that is highly motivated, professional and technically competent.

We continue to invest in recruiting and training the best people so that we can continuously develop and improve the services that we are able to offer.

We believe that it is very important to get to know and understand our clients. This enables us to focus on providing the services and help that are needed.

We wish to provide value for money and recognise the need to be proactive and to provide added value.

We have developed our own Tax Newsletter, TaxAnglesTM, which helps keep our clients informed and aware of any recent changes or developments that may be relevant to themselves.

Location

Compass Accountants’ offices are in Titchfield, which is just outside Fareham.

There is easy access from junctions 9 and 11 off the M27.

We have ample parking spaces and can have a parking space available for you if you call us ahead of your arrival.

Personal Approach

All clients have the benefit of being allocated a manager who will provide a single point of contact. Your client manager will take full responsibility to ensure all matters arising are dealt with in a proper and timely manner. We believe we are able to offer a personal service second to none.

Commitment

We believe successful businesses need advisors who are committed to their clients and will provide pro-active advice. Your advisors also need to be able to anticipate, to react quickly and decisively and to provide positive advice when needed. We are committed to providing the necessary continued support to help and assist with our clients’ success.

Adding Value for you

It is our policy to provide a service which adds value to our clients as opposed to merely completing necessary and sometimes unwanted accounts, forms and returns. With this in mind, we review all the work we undertake with a view to identifying any opportunities that may increase the company’s or your return on capital or create an opportunity to make savings.

Pro-active Advice and Other Issues

During the process of our work, we gain insight and an understanding of your business and your financial affairs. Where relevant, we will highlight areas that we believe you should consider more closely which may be of help to you or will add value.

This could typically include:

• Improvements that can be made to your accounting systems.
• Improving the management information extracted from your records.
• Identifying tax planning opportunities for you and your business.
• Identifying ways to increase your profit and retain your wealth.
• Helping to mitigate your overall tax liability.
• Complying with Government Regulations and other legislation.
• Making the best use of IT for you and your business.

Resources and Technical Ability to Carry Out the Work

We are confident that the quality of personnel who will be involved in any of the work we carry out for you will compare favourably with any of our competitors. Our staff are experienced and extremely able people and we do not believe that there are any technical matters on which you will require advice that we will not have encountered before.

All our team members undergo a rigorous training programme to ensure our professional standards are maintained at the highest level and are continuously updated with changes in commercial and tax laws.

Assurance

The work that we undertake for you should increase your confidence in the information on which you rely to provide you with a sound basis for making better decisions.

Credibility

Our reports also assist the users and readers of your accounts in assessing your credibility. This can be particularly helpful when dealing with:

• Banks and other financial institutions.
• Building Societies for your periodic mortgage applications.
• Suppliers.
• HM Revenue and Customs.

Fraud

Fraud continues to be an ever-present part of every day business life. Whilst our work cannot guarantee to detect all fraud, it is an important tool in helping its prevention. Our involvement will act as a deterrent and identify areas of weakness that may lead to fraud.

Reputation

We provide a professional and quality service and have an excellent reputation. That reputation extends to users of our clients’ accounts, which enables them to place reliance upon the figures produced. This can be extremely helpful when it comes to raising finance, as well as dealing with HM Revenue and Customs.