A CIMA-supervised bookkeeping practice for independent solicitor firms. SRA Accounts Rules-compliant client account reconciliation, monthly Xero coding, WIP and lock-up tracking, quarterly Controls Assurance statement. Fixed monthly fee from £500.
Book a 30-minute initial review →Most independent solicitor firms have an accountant who signs the books off in March, ten months after the year being described. That's bad enough for any business — but for a regulated solicitor firm it's actively risky.
SRA Accounts Rules — particularly Rule 8 on client account reconciliation — require monthly accuracy, not annual catch-up. Your COFA is personally accountable. A material breach at SRA inspection isn't a finance problem; it's a regulatory one. And the rest of the picture — WIP and lock-up creeping past 90 days, partner profit share drifting from forecast, professional indemnity premium variance, time recording vs billed value gaps — none of it gets surfaced until year-end, by which point the practice has already taken the cash impact.
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, HMRC rule, or SRA Accounts Rules paragraph. You see what's happening monthly, your COFA has the audit trail, and year-end becomes a confirmation rather than a reckoning.
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.
Every transaction in Xero coded correctly. Office vs client account discipline maintained. Disbursements categorised. PI premiums and practising certificate fees correctly recorded. Bank feeds connected once, monthly cycle runs automatically.
Monthly reconciliation of office and client accounts to SRA Accounts Rules standard — particularly Rule 8 monthly reconciliation. Your COFA gets a clean, dated, signed-off statement every month, audit-ready. Errors caught before the SRA inspection finds them.
Before every VAT return, we run the eight checks HMRC's own inspectors run. Disbursements vs invoices vs recharges done correctly. Time-recorded value vs billed value reconciled. Errors caught before submission, not after.
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 solicitor firms have never seen anything like it — and your COFA will appreciate the audit trail.
WIP, debtors (billed vs WIP-only), creditors, payroll, VAT, client account, office account — all reconciled and packaged. Plus an issue log: every flag we raised, every standard we cited, every fix applied or recommended. Audit-trail ready.
Every issue we raise carries a citation: FRS 102 Section 21 for accruals and prepayments, Section 23 for revenue recognition, SRA Accounts Rules Rule 8 for client account reconciliation, HMRC's published VAT inspection criteria. Nothing is “our opinion” — it's the standard.
Bookkeeping plus monthly P&L commentary, 13-week cash flow forecast (essential when lock-up is creeping), tax calendar with exact HMRC dates, and balance sheet health readout.
Full VFD service. Board pack monthly, strategic forecasting, partner profit-share modelling, lock-up reduction planning, PI premium scenario analysis, monthly review call with Peter directly. Same engine, more depth.
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 significant solicitor-firm tax expertise — partnership tax, LLP structures, partner retirement planning.
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.
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.
If it's a fit, we go live. Fixed £500/month, GoCardless mandate, no surprises. Monthly cycle starts from the first complete month.
Bookkeeping for solicitor firms from £500/month, fixed fee. CIMA-supervised. Free 30-minute initial review — no obligation.
Book your initial review → Currently accepting enquiries