Let me introduce myself, my name is Neil Radford, ACMA, CGMA, director of Radford Financial & Business Solutions Limited. I am a Chartered Management Accountant (CIMA) with many years of experience in producing management accounts, improving business reporting and business processes to meet the requirements of operational delivery, financial and business reporting.
I have worked in senior project accounting and divisional corporate roles, producing monthly accounts analysis, consolidated reporting and governance roles ensuring best practice and compliance with business controls. My career path has a wealth of experience working under different environments and meeting a variety of objectives.
Following on from 21 years in the corporate arena, I decided in mid 2018 that my knowledge and experiences could support smaller businesses either established or at the start of their journey and this led to the creation of Radford Financial & Business Solutions Limited, where as a business we could provide accountancy solutions with the added value of a management accounting approach, going the extra mile with financial analysis and reporting.
Online Accounting:
We can be your online accountant with our partner Sage Business Cloud Accounting. This means we can support the running of your finances using cloud technology allowing you to view your accounts on the move through various mobile devices. The online platform can be linked to bank accounts for ease of cash management and posting of cashbook transactions.
The system has various functions to improve the functionality of your business to provide more live data including raising invoices on a mobile phone. If required we can complete the bookkeeping or just review your entries into the system before completing the periodic accounts and reports. This service is more suited but not limited to self-employed or small businesses that do not have a finance function. Sage Business Cloud Accounting is also compliant with the HMRC Making Tax Digital.
Management Accounting for your Business:
At Radford Financial & Business Solutions Limited, we believe this is where the magic happens. Management accounts are not just a set of numbers they offer so much more to support a business and the strategic decision-making process. Management accounting or partnering will allow insight into various performing factors within a business, i.e. profit or margin appraisals, revenue stream reviews, costing analysis, KPIs, benchmarking etc.
This commercial approach to accounting allows us to understand the mechanics of a business and help advise on areas that are working well and not so well, where the focus may need to be made to improve certain ways of working and also providing a forward-looking service through forecasting and highlighting of potential risks for mitigation.
Bookkeeping Services:
One of our services is to provide a bookkeeping service so you can outsource this function and receive all the reports you require to complete your financial returns. We will record your daybook transactions and complete reconciliations to ensure all transactions have been recorded. This service is ideal for the smaller business that does not have time or facilities to record such information. This will be completed through Sage Business Cloud Accounting.
