Business Details
Trusted Bookkeeping Services in Yeovil
Four Elms Bookkeeping provides professional accounting and bookkeeping services tailored to small businesses across Yeovil, Sherborne, South Somerset, and West Dorset. With over fifteen years of financial and IT expertise, our proprietor Dr. Richard Waggett combines industry-recognized qualifications from the Institute of Certified Bookkeepers with practical experience from both public and private sectors, including a FTSE 250 technology company. We specialise in maintaining accurate financial records, preparing statutory accounts, and ensuring compliance with HMRC requirements while delivering cost-effective solutions through custom software tools. Our services encompass payroll management, tax return preparation, Excel macro development, and comprehensive bookkeeping that meets legal obligations under the Companies Act 2006. By automating repetitive processes, we reduce administrative burdens, allowing clients to focus on core business activities. Our commitment to quality is evidenced by our regulatory accreditation and positive client testimonials highlighting reliable support during critical financial periods. We serve diverse business structures including sole traders, partnerships, and limited companies, with select services available nationwide. Our strategic location north of Yeovil ensures convenient local access while maintaining flexibility for remote collaboration. All services are delivered with transparency, avoiding hidden fees, and prioritising client-specific needs through personalised consultations. Our technical proficiency in accounting software and bespoke database solutions positions us as trusted partners for businesses seeking financial clarity and compliance.
Services
Bookkeeping
Payroll Management
Tax Returns
Excel Macro Development
Management Accounts
Served areas
- Yeovil, South Somerset, West Dorset
Highlights and features
- We hold professional qualifications from the Institute of Certified Bookkeepers
- Our proprietor has 15+ years' experience in financial work and IT
- We use custom software tools to reduce account preparation costs
- We provide nationwide Excel macro development services
- We offer tailored administrative support for small businesses
Associations and certifications
- Institute of Certified Bookkeepers
What people say
Professional service
Could not have done it without your help
Services
Bookkeeping
We maintain accurate financial records for businesses, updating sales and purchase ledgers while ensuring compliance with Companies Act 2006 requirements. Our service includes bank reconciliations, fixed asset register maintenance, and credit control to support statutory reporting obligations. By automating processes through custom software tools, we deliver efficient bookkeeping solutions that meet HMRC standards.
Payroll Management
Our payroll service calculates employee wages, manages benefits in kind, and prepares P11D documentation for HMRC compliance. We handle routine payroll processing while maintaining accurate records that integrate seamlessly with broader accounting requirements. This ensures businesses meet their statutory obligations while minimising administrative burdens.
Tax Returns
We prepare self-assessment tax and VAT returns, ensuring accurate calculation of liabilities in accordance with current legislation. Our expertise covers changes in tax-free allowances and other regulatory updates affecting small businesses. This service guarantees compliance with HMRC requirements while optimising tax positions within legal frameworks.
Excel Macro Development
We create custom Excel VBA macros to automate repetitive calculations and develop specialised workbooks for financial data processing. This service enhances efficiency for businesses managing complex accounting tasks, reducing manual input errors and streamlining data management processes through tailored software solutions.
Management Accounts
We generate budgets, profit forecasts, and capital investment appraisals to support business decision-making. Our management accounts provide insights into financial performance while maintaining compatibility with statutory reporting requirements. This service helps businesses monitor their financial health and plan for future growth.
People
Dr. Richard Waggett
Proprietor
B.Sc., Ph.D., MICB, CBDip., Dip.PM qualified accountant with 15+ years' experience in financial work and IT across public and private sectors, including FTSE 250 companies. Holds Institute of Certified Bookkeepers diplomas in tax and payroll.
Questions
What accounting services do you offer for small businesses?
We provide bookkeeping, payroll management, tax return preparation, management accounts, and Excel macro development tailored to small business needs.
Do you serve businesses outside Yeovil?
While based in Yeovil, we serve clients across South Somerset, West Dorset, and Sherborne, with software services available nationwide.
How do you ensure compliance with tax regulations?
We maintain HMRC compliance through regular updates on legislative changes and accurate preparation of statutory returns using industry-standard practices.
What makes your bookkeeping service cost-effective?
Our custom software tools automate processes, reducing manual work and passing efficiency savings directly to clients through competitive pricing.
Can you help with Excel spreadsheet automation?
Yes, we develop VBA macros to automate repetitive calculations and create custom workbooks for improved financial data management.
What qualifications does your team hold?
Our proprietor holds Ph.D. and B.Sc. degrees alongside Institute of Certified Bookkeepers qualifications in tax, payroll, and accounting.
Reviews (5)
Dinah Bardgett
May 23, 2022
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Over many years I have had quite excellent service from Old Mill - it does not matter if you are a small or large investor - you are treated with equal respect and consideration. The staff reply promptly to queries and are willing to give time in discussion and communication. Above all - they are all such nice people as well as being excellent Financial planners.
Ian Williamson
May 21, 2022
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I am happy that over a 20-year period before I retired, working with Old Mill assisted me in reaching my goal of achieving a pension that was two thirds of my final salary.
Rowland Govier
Apr 21, 2022
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Recently had my latest annual appraisal of pension investments with Sally Harrison. As always over many years of being associated with Old Mill, Sally and her colleagues are completely efficient and always aware of market trends thus keeping our finances working to give us the best possible returns.
Heidi Else
Apr 17, 2022
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I am so grateful to find a company and the lovely Sally that has your best interests at heart, I have finally found someone I can talk to that is not a robot or a computer screen when it comes to your finances. I am always reassured and my questions answered promptly. Thank you
Sausage & Pear
Jan 16, 2020
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Recently switched to Old Mill after finding my previous accountant quite unorganised. Phil Mills & Co have been a breath of fresh air. Communication and professionalism are second to none, I'd highly recommend!.