For independent dental practices · £200k–£5m turnover

Bookkeeping for Dental Practices

A CIMA-supervised bookkeeping practice for independent dental practices. Monthly Xero coding, eight-point VAT inspection before every return, quarterly Controls Assurance statement, NHS UDA reconciliation. Fixed monthly fee from £500.

Book a 30-minute initial review →
Regulated byCIMA
Member in Practice
Companies HouseNo. 16943160
Insight Professional Partners Ltd
CoverProfessional
Indemnity Insured
ServingCambridgeshire
Northants & Rutland
The gap most dental practice owners get stuck in

Your year-end accounts arrive ten months after the year they describe

Most independent dental practices have an accountant who signs the books off in March, ten months after the year being described. The result is a twelve-month gap where nobody — owner or accountant — actually knows whether the numbers are right.

For a dental practice, that gap matters more than for other businesses. The NHS contract's UDA targets and clawback risk move money in unpredictable patterns. Equipment capex sits on the balance sheet for years. Associates come and go with reconciliation implications. Lab and material costs creep — typically eight to twelve percent of turnover and rising. Private vs NHS gross margin needs constant attention. None of this gets surfaced until the annual sign-off, by which point the year's already over and the cash position is already where it is.

We close the gap. Continuous bookkeeping with a quarterly assurance check tied to published standards — every issue we surface is cited to a specific FRS 102 section or HMRC rule. You see what's happening monthly, not in March.

What you actually get

The bookkeeping service, delivered every month

Every month, like clockwork. Every issue we raise is tied to a published accounting standard (FRS 102, FRS 105) or HMRC rule. Nothing is a black box.

Coding

Monthly transaction coding

Every transaction in Xero coded correctly. Lab and material costs categorised consistently. Associate fees reconciled. Capex separated from revenue. Bank feeds connected once, monthly cycle runs automatically.

NHS

NHS UDA reconciliation

Monthly check of NHS contract receipts against expected UDA values. Clawback risk surfaced early — not in March when it's too late to course-correct. Pension contributions and superannuation correctly recorded.

VAT

8-point VAT inspection

Before every VAT return, we run the eight checks HMRC's own inspectors run. Dental exempt vs cosmetic standard-rated split done correctly. Partial exemption calculation if applicable. Errors caught before submission, not after.

Assurance

Quarterly Controls Assurance

A one-page client-facing assurance statement every quarter — “your books are sound, with the evidence.” Show it to your bank, your accountant, your auditor. Most dental practices have never seen anything like it.

Reconciliation

Monthly reconciliation pack

Debtors, creditors, payroll, VAT — all reconciled and packaged. Plus an issue log: every flag we raised, every standard we cited, every fix applied or recommended. Audit-trail ready.

Standards

Cited, not opaque

Every issue we raise carries a citation: FRS 102 Section 21 for accruals and prepayments, Section 23 for revenue recognition, HMRC's published VAT inspection criteria. Nothing is “our opinion” — it's the standard.

Runs entirely on your existing Xero connection. Nothing for you to set up. We connect once, the monthly cycle runs automatically, and you get the deliverables without lifting a finger. Year-end accounts can be prepared by your existing accountant — or we'll refer you to a UK Chartered Accountancy firm we work with if you'd rather have one finance team end-to-end.
When you outgrow bookkeeping

Two natural upgrades, on the same continuous-assurance foundation

Tier 2 · from £750/mo

Management Accounts

Bookkeeping plus monthly P&L commentary, 13-week cash flow forecast (essential when UDA targets are moving), tax calendar with exact HMRC dates, and balance sheet health readout.

Tier 3 · from £1,500/mo

Virtual Finance Director

Full VFD service. Board pack monthly, strategic forecasting, partner draw planning, capex and associate-contract modelling, monthly review call with Peter directly. Same engine, more depth.

Who this is for

Independent dental practices ready for proper monthly discipline

Size
£200k–£5m turnover, 2–15 staff
Structure
Independent — NHS, mixed, or fully private
SIC code
86230 — Dental practice activities
Current state
Year-end-only accountant, books done by owner or part-time freelancer
Geography
Cambridgeshire, Huntingdonshire, Northamptonshire, Rutland — CB, PE, NN, LE postcodes
Not a fit
Corporate-owned practices (Bupa Dental, MyDentist, Rodericks, Portman) — we work with independents only
Why IPP for a dental practice

A regulated practice, run by one person who's accountable

I'm Peter Edwards. CIMA-qualified Chartered Management Accountant (ACMA CGMA) with twenty years of senior finance experience across pharmaceutical distribution, manufacturing, and professional services.

I keep my client list deliberately focused so every engagement gets proper senior attention. No junior delegation. No offshored bookkeeping. No black-box software making decisions on your behalf.

Tax matters that fall outside CIMA's remit — Corporation Tax, personal Self-Assessment, R&D claims — are referred out to a UK Chartered Accountancy firm we work with. A regulated practice with the depth of sector-specific tax expertise small dental practices need.

  • Peter Edwards ACMA CGMAChartered Management Accountant, CIMA Member in Practice (regulated practising certificate)
  • 20 years senior finance experiencePharmaceutical distribution, manufacturing, professional services
  • Companies House No. 16943160Insight Professional Partners Ltd
  • Professional Indemnity InsuredFull PI cover, AML-supervised
  • Tax ReferralsIncome tax and Corporation Tax work referred out to a UK Chartered Accountancy firm we work with
How it works

Three steps to monthly clarity

01

Initial review

30 minutes on Calendly. Free, no obligation. We talk about your practice, the gaps you feel, and what monthly visibility would actually mean for you.

02

Financial Health Check

Free. We connect to your Xero, run our checks, and tell you honestly what we'd do differently — whether you engage with us or not.

03

Monthly engagement

If it's a fit, we go live. Fixed £500/month, GoCardless mandate, no surprises. Monthly cycle starts from the first complete month.

Ready to close the gap?

Bookkeeping for dental practices from £500/month, fixed fee. CIMA-supervised. Free 30-minute initial review — no obligation.

Book your initial review → Currently accepting enquiries