Key Facts
KEY FACTS FOR SERVICES PROVIDED | |
|  | All the attached detailed schedules have been standardised for all our services. Where it is necessary to tailor the schedules to the specific services being provided to you, those details are provided below, together on the left hand side with the version date (YYMM) when the detailed service schedule was last updated and the relevant paragraph number in the detailed service schedule. |
1 | Standard Terms of Business |
Version: 2211 | 1.01 Standard Terms of Business |
1.1 | Details of the firm’s professional registrations, including audit registration where applicable, can be found at http://www.hallidays.co.uk |
1.2, 2.5, 4.1, 10.2 | The firm is a member of ICAEW and its code of ethics can be found at http://www.icaew.com/regulations. |
1.3 | The firm’s professional indemnity insurer is American International Group UK Limited/AIG Europe SA, who can be located at The AIG Building, 58 Fenchurch Street, London, EC3M 4AB. The territorial coverage is worldwide excluding professional business carried out from an office in the United States of America or Canada and excludes any action for a claim brought in any court in the United States of America or Canada. |
3.1 | Where the firm or its associates earn commission in respect of transactions we arrange for you, our fees otherwise payable by you will not be abated by such amounts. |
4.2 | Interest on client monies will be calculated using the prevailing rate applied by Royal Bank of Scotland. |
4.5 | The firm is not wholly owned and/or controlled by a single member. |
5.5 | The firm accepts settlement of fees by certain credit cards. |
9.3 | The firm does not use the HMRC Agent Toolkits as outlined in paragraph 9.3, their use being voluntary. |
10.1 | The principal contact at the firm if you would like to discuss any aspect of our services is Paul Whitney who can be contacted on 01614768276. |
11.1 | This engagement letter is governed by and construed in accordance with English law. |
24.1 | We are not licensed or authorised for the reserved legal activity of non-contentious probate. Consequently, any work we do for you on closely aligned activities, such as estate administration or inheritance tax advice, will not be covered by the ICAEW Probate Compensation Scheme and you will not have access to the Legal Ombudsman, nor will our advice be covered by legal professional privilege. |
25 | Agreeing terms |
Version: 1805 | 1.01a Data processor – additional information |
3.1 | The duration of the data processing for this engagement will be Unit engagement renewal. |
4.1 | The nature and purpose of the data processing is AML and Services requested by the client. |
5.1 | The types of personal data to be processed are: Names, Addresses, Dates of birth, Telephone numbers, Email addresses, Employee/payroll numbers, National insurance numbers, Salaries, Pension membership details, bank account details, credit/debit card numbers, tax reference numbers, passport numbers, driving licence numbers, IP addresses, . |
5.2 | There is no special personal data being processed. |
6.1 | The categories of data subjects are: Customers, . |
8.1 | The contact at the firm if you would like to contact us about any data protection issue is Lyndsey Hayes who can be contacted on 0161 476 8276. |
Version: 2211 | 1.02 Limitation of liability |
1.2 | There is no limitation of liability in respect of the audit. |
1.3 | The limitation of liability in respect of all other services provided in this engagement letter is Other services ten times fees. |
4 | Accountant’s report |
| Â | The relevant detailed schedule explaining our respective responsibilities is: |
Version: 1907 | 4.01Â Limited company/Community Interest Company |
1.1(c), 1.8, 2.8 | The financial statements will be prepared in accordance with the FRS 102 accounting basis. |
1.12 | In order to ensure we meet the HMRC’s deadline for the submission of the Tax Return, we must have your accounting records by 30 JUNE |
1.3, 2.4 | The firm shall perform no bookkeeping services. |
5 | Accounting Services |
| Â | The relevant detailed schedule(s) explaining our respective responsibilities are: |
Version: 2211 | 5.01Â Production of annual financial statements only |
Intro | The financial statements will be prepared in accordance with the FRS 102 accounting basis. |
Intro | Helen Huxley is the person you have informed us who will be your primary point of contact for the production of the financial statements. |
1.6 | In order to ensure we meet the HMRC’s deadline for the submission of the Tax Return, we must have your accounting records by 30 SEPTEMBER. |
2.4 | We shall perform no bookkeeping services. Â |
Version: 1703 | 5.03 Management accounts |
1.7 | There is no third party interested in the management accounts. |
1.7 | The purpose of the management accounts is Assisting the client in monitoring the on-going trading position of the business |
1.9 – 1.11 | Further responsibilities for company directors/designated members is not relevant. |
2.1 | The management accounts will commence with the period ended 31 March and continue quarterly thereafter. |
6 | Taxation Services |
| Â | The relevant detailed schedule(s) explaining our respective responsibilities are: |
Version: 2211 | 6.01Â Corporation tax, including preparation and filing of iXBRL accounts |
1.2, 2.2 | We are responsible for the generation of the iXBRL tagged accounts to be submitted electronically to HMRC and, if relevant, Companies House. |
1.3(e) | In order for the CTSA return to be completed and submitted by the due date of 31 MARCH, we need to receive all relevant information by 01 APRIL. |
2.10 | The submission of form CT61 and the remittance to HMRC will be done by the Firm. |
7 | Other Services |
| Â | The relevant detailed schedule(s) explaining our respective responsibilities are: |
Version: 2211 | 7.02 Secretarial Services – Companies/Limited Liability Partnerships |
