• Vakt & Co Limited 114-126 Westmoor Street. London. SE7 8NQ
  • 0203 488 1414
  • Info@vaktco.co.uk

WHO WE ARE

ABOUT US

Vakt & Co provides a range of accountancy and business advisory services including tax and consultancy.

Back Office Services

Vakt & Co Limited is an online accounting service that essentially becomes your company’s back-office.
From payroll services to monthly management accounts and accounts payable, our experienced team has it covered. No more need to invest in expensive software and training.
With Vakt & Co, smaller businesses can access a team of dedicated back-office specialists that would otherwise be unaffordable, while larger organisations can make savings by allowing us to provide the back-office support that is normally an expensive overhead.
In both cases, clients can review their records or check progress online at any time, no matter where they are. And it goes without saying that all Vakt & Co clients have their own user name and password, so their information is kept secure and confidential.

Our back-office services:

  • Accountancy and bookkeeping service
  • Monthly management accounts
  • VAT
  • Payroll services
  • Accounts receivable
  • Accounts payable
  • Bank reconciliation
  • Please Contact us for further information about how we can help.

    Our Mission

    Our mission is to minimize your costs while maximizing your bottom line results. You are an expert at running your business. We are experts at providing timely and relevant financial information. Without accurate, current reports, your ability to make the right business decisions, with any degree of confidence, is compromised. We deliver the information you need, in a timely manner, allowing you to make informed business decisions.

    Our Style of Approach

    We promote a friendly, approachable and professional style. Clients come to us not just for our advice but because of the accessibility of our people.
    We want customers to have confidence in us, so we take time to get to know you and your business. We also know how important continuity of staff is and we work to ensure that clients see the same people working on their affairs from year to year.
    Our staffs are trained to deal with all aspects of a client's work which means you have one contact for all your tax and accounting needs and we do not incur unnecessary costs in having to pass work to different departments to deal with.

    Our People

    We are a specialist provider of limited company accountancy services to individuals, contractors, freelancer's and small to medium sized businesses; we've been acting for different organisations across the UK since 2000.

    Our clients benefit from an integrated approach based on an understanding of the key issues of their environment. We aim to ensure that our advice is knowledgeable, practical and relevant to their financial needs.
    Free face-to-face meetings: This is another unique service, only Vakt offers free face to face meetings tax is complicated and sometimes only a meeting will do.

    An unlimited access to your own dedicated accountant: No call centre, no outsourcing, no automated call handling. Simply telephone, e-mail or meet your own dedicated accountant face to face.

    The firm regularly reviews and updates its technology to provide the optimum working environment.

    Corporate Social Responsibility

    We are 100% committed to proactive environmental management and minimising the negative impact of our business operations on the environment. With this approach we can positively influence key stakeholders, especially employees, clients and suppliers.

    We aim to complete our compliance with environmental law and wherever possible to go beyond legislative requirements.

    Vakt strives to reduce our carbon emissions by the efficient use of energy.

    We aim to minimise consumption and waste as a product of our business activities and wherever possible to recycle and reuse office materials.

    In our procurement decisions, we proactively seek out key suppliers with the best environmental credentials.

    We engage and involve employees in sustainable decision-making so that we can act as a corporate body in our environmental endeavours. This is headed by our sustainability committee.

    We will achieve these goals by a process of continual review and improvement. We have conducted a carbon audit and will do so for future years so that we can monitor our progress and seek to make further reductions to our carbon footprint.

    John Wilson
    Account Manager

    TERMS AND CONDITIONS

    Engagement For Services - Our General Terms And Conditions

    These are our general terms and conditions.
    Although these Terms and Conditions are prompted by the Services set out in our initial letter to you detailing the scope of the services we will provide, they shall apply as a separate agreement in respect of each matter on which you instruct us. Where you control any company or companies or are a member of a group of companies, they shall apply to instructions from each of those companies.

    Commencement

    Our agreement with you begins on the earlier of your signing the Client Acceptance, or asking us to start work on the Services.
    You confirm that you have all the necessary powers and have obtained all the necessary authorisations, consents and approvals to enable you to engage us in a valid and lawful manner

    Authorisation and Registration

    We are registered by the Institute of Financial Accountants in England and Wales to carry on audit work. Details about our registration can be viewed on

    www.ifa.org.uk

    Professional Rules and Statutory Obligations

    We will observe and act in accordance with the regulations, standards and guidance of the Institute of Chartered Accountants in England and Wales and will accept instructions to act for you on this basis.
    We will not be liable for any loss, damage or cost arising from our compliance with statutory or regulatory obligations.

    Fees and Payment Terms

    It is our policy initially to issue a request for payment of our fees and to issue a receipted VAT invoice once payment is received. Our request for payment will be due for payment within 30 days unless a monthly or quarterly standing order is in place. We reserve the right not to undertake further work on your behalf if we do not receive payment of our fees in accordance with these terms. In the event of non-payment we shall be entitled to charge interest at 2% per month. We may use any money we, or our related companies, may hold on your behalf as payment (whether in whole or in part) of any sum that you owe us under this Agreement. We will, however, advise you in writing before taking such action.

    If we need to do work involving responsibilities in addition to those set out in our engagement letter, we will advise you in advance. Such work will involve additional fees.

    If we provide you with an estimate of our fees for any specific work, then the estimate will not be contractually binding unless we explicitly state that that will be the case.

    Unless otherwise agreed to the contrary our fees do not include the costs of any third party, counsel or other professional fees.

    In some cases, you may be entitled to assistance with your professional fees, particularly in relation to any investigation into your tax affairs by HMRC. Assistance may be provided through insurance policies you hold or via membership of a professional or trade body. Other than where such insurance was arranged through us you will need to advise us of any such insurance cover that you have. You will remain liable for our fees regardless of whether all or part are liable to be paid by your insurers.

    We shall not be obliged to accept any payment in relation to any matter other than in the form of a cheque drawn on a UK Bank account of yours or of an appropriate third party acceptable to us, or by bank transfer confirmed by our bank to be from such an account. In exceptional circumstances we may in our absolute discretion agree to accept payment by some other method. Under no circumstances will we be obliged to accept payments from third parties who are not, in our view, properly involved with the relevant matter. We shall have no liability for any delay to your Services or other consequences arising from any non-compliance by you with these provisions.

    If you do not accept that an invoiced fee is fair and reasonable you must notify us within 21 days of receipt, failing which you will be deemed to have accepted that payment is due.

    Confidentiality

    We shall take such steps as we, in good faith, think fit to preserve the confidentiality of any information concerning your affairs held in connection with the Services. This is, however, subject to applicable legal, regulatory or professional disclosure requirements relevant to the Services.

    As part of the performance of the Services, we may take specialist advice from, or otherwise use the services of, a third party. Additionally, our files may be independently reviewed for quality control purposes. In each case, we may disclose information concerning you and/or your business to such third parties provided that they have agreed to maintain as confidential any information we give to them.