Work with us…
At Compass Accounting, we provide clear and friendly financial support for sole traders and small businesses in Newquay.
Our aim is to remove the stress and uncertainty that often surrounds accounting and tax, replacing it with clarity, confidence and a sense of direction.
Whether you’re a sole trader managing everything yourself, a growing limited company or a business looking to strengthen your financial processes, we offer services designed to meet you where you are and guide you forward.
Our Services
Sole Traders and Individuals
Straightforward, stress‑free accounting and tax support for individuals and sole traders.
Services include:
Sole Trader Annual Accounts
Clear year‑end accounts to help you understand your business performance and complete your Self-Assessment.Self-Assessment Tax Returns
Complete preparation and filing of your personal tax return.MTD Quarterly Filings
Submission of quarterly updates and final submission to HMRC under Making Tax Digital.MTD Transition Support
Clear guidance and practical help to prepare for the upcoming MTD ITSA requirements.
Limited Companies
Comprehensive accounting and tax services, designed to keep you compliant and confident.
Services include:
Statutory Accounts
Fully compliant year‑end accounts for Companies House and HMRC.Corporation Tax Returns (CT600)
Accurate preparation and submission of your company tax return.Director Support
Clear guidance on director responsibilities, tax considerations and financial decisions.
Bookkeeping and Support
Reliable, organised financial support that keeps your business running smoothly day‑to‑day.
Services include:
Bookkeeping
Accurate, up‑to‑date bookkeeping using Xero cloud software.Xero support and training
Help with setting up Xero, migrating your records, and guidance on using the software confidently day to day.Monthly Management Accounts
Clear monthly reports to help you understand performance and make informed decisions.Director Queries & Support
Friendly, ongoing support for day‑to‑day financial questions and guidance
Specialist Support
Higher-value services designed to strengthen your processes and support your business as it grows.
Services include:
Audit Preparation
Helping you prepare for external audit with clean schedules, reconciliations and documentation.Process & Systems Creation
Creating streamlined financial processes tailored to your business needs.Financial Process Improvement
Reviewing and enhancing your existing systems to support growth and efficiencyBudgeting, forecasting & cashflow
Preparation of budgets, financial forecasts and cash‑flow projections to help you make informed decisions about your business.
Let’s Work Together
We’ll start by getting to know you and your business; what you do, how you operate and what you need from your accountant.
From there, we’ll talk through the options and build a support package that fits you. And because clarity matters, we’ll agree a fixed fee upfront so you always know exactly what to expect.
We can’t wait to hear from you!