Accounting and tax services for childcare and day care nurseries

As experienced accountants in the childcare sector, we work closely with nurseries, offering tailored solutions to ensure your business thrives. Our services include:

• Bookkeeping and financial reporting: Accurate and up-to-date financial records are essential for running a successful nursery. We offer comprehensive bookkeeping services that include everything from processing transactions to running payroll. We will ensure that your financial reports are clear, accurate, and in line with current accounting regulations.

• Tax planning and preparation: Tax planning can be particularly challenging for childcare providers with multiple streams of income, grants, and subsidies. We offer tax advice for nurseries, ensuring that you’re maximizing available tax reliefs and staying compliant with HMRC regulations.

• VAT Returns: As a childcare provider, your VAT obligations can vary depending on the services you offer. We help you navigate VAT exemption rules for education services and other tax matters specific to the childcare sector, ensuring accurate VAT filings and avoiding penalties.

• Payroll Services: Managing payroll in a childcare setting is critical to ensure timely and accurate payments to your staff. We handle all aspects of payroll, including PAYE, pensions, and staff benefits, leaving you free to focus on delivering exceptional childcare services.

• Financial Forecasting and Budgeting: We assist with developing budgets and financial forecasts tailored to your nursery’s specific needs. This includes managing cash flow, projecting future income and expenses, and identifying opportunities for growth.

• Compliance and Reporting: The childcare sector is heavily regulated, and staying compliant with local authorities and Ofsted is paramount. We ensure your financial statements meet all legal requirements and help you maintain good standing with regulatory bodies.

Supporting nurseries across Leicester and beyond

At MLA Chartered Accountants, we proudly serve nurseries not only in Leicester but all over UK, offering a personalised approach to accounting and tax services. Whether you run a small independent nursery or a growing childcare business, we offer tailored accounting solutions to help you manage your finances, stay compliant, and focus on what matters most – the children in your care.

Our expertise nursery sector accounting

Navigating the financial landscape of the childcare industry requires specialised knowledge. We understand the challenges faced by nursery owners, from managing fluctuating cash flow to staying up to date with ever-changing government policies. Our expertise helps you overcome these hurdles and provides you with the peace of mind that your accounting and tax matters are in safe hands.

Key benefits of our accounting services for nurseries:

• Tailored advice: We offer customised solutions based on the size and structure of your nursery, whether you’re a sole trader, partnership or a limited company.
• Up-to-date knowledge: Tax laws and financial regulations are always evolving, especially for childcare providers. Our teamWe stay on top of the latest changes to ensure your business remains compliant and you avoid costly mistakes.
• Cost-effective solutions: We offer competitive pricing for our services, ensuring that you get excellent value. Our proactive approach helps reduce costs and improve your financial efficiency.
• Dedicated support: Our team is always here to answer your questions, provide advice, and ensure that your financial operations run smoothly.