Cato Creative – a firm of architectural designers approached Lanop Accountants in 2019 in the midst of a chaotic situation – after having one of the worst experiences with its former accountants. Soon after being assisted by a bank manager working at Metro Bank with their banking needs, Metro Bank suggested Lanop Accountants to Cato Creative to get their accounts in good shape.
Lanop agreed to arrange a meeting with Cato Creative soon after learning that their accounts were due shortly as per Companies House website. Upon meeting them at Lanop’s office and understanding their situation, it was quite apparent that Cato were, undeniably, in trouble.
From non-submission of VAT returns for the last two quarters, non-reconciliation of XERO software, non-posting of year end balances, non-existence of any payroll information (except for monthly summaries) to zero knowledge regarding its current balances with HMRC, Cato Creative was in an utterly precarious situation.
As a result, Lanop asked Cato to approach their old accountant in a nice manner – asking them to release all withheld information while being careful not to offend them in the process. After receiving all the requisite information from them, Cato approached HMRC directly to get the copies of all information submitted to HMRC on their behalf. These included financial accounts, corporation tax forms, VAT reports and payroll summaries.
Once the required information was received, Lanop worked backed and reconciled everything for Cato by transferring their books from QuickBooks to XERO. Lanop then contacted their own QuickBooks account manager and helped Cato Creative getting access to its QuickBooks account too.
Moreover, Lanop Accountants even reached out to Companies House and after successfully explaining Cato Creative’s situation to them, got an extension on its year-end account filing date. Due to such expeditious action by Lanop, Cato ended up filing all statutory accounts in time while being extremely satisfied with the end result.
Now Cato Creative can focus on running its business successfully as it knows that there is a professional firm of chartered accountants looking after its statutory requirements behind the scenes – ready to help during times of distress.