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    Stop By Anytime

    We are open: Monday to Friday from 9am to 7pm and Saturday from 10am to 5pm

    18 - 20 East Street
    Bromley, BR1 1QU

    (020) 8313-9117
    contact@adivaaccountants.co.uk
    www.adivaaccountants.co.uk

    At Adiva Accountants all initial consultations are free of charge, so contact us today.
    For quality, competitive, and friendly accountancy services, please contact

    Adiva Accountants

    on 020 8313 9117 or via email at contact@adivaaccountants.co.uk.

    At Adiva Accountants we have the knowledge and the experience to provide you with the kind of accounting and tax services that you are looking for. At Adiva Accountants we look forward to discuss with you, without obligation, ways in which we may be able to help your personal or business needs.

    Alternatively, you can complete the contact form here and we will respond as soon as possible.

    Directors of Adiva Accountants have over 10 years’ experience of providing accountancy services. They have completed Bachelor and Masters degrees in Accountancy, Taxation and Business Management. Additionally, they have completed various accountancy qualifications such as ACCA, AAT, etc. So, they hold various accountancy degrees and qualifications up to chartered certified accountant.

    They can advise you on many other things, such as how to get the best price when you come to sell your business. Or on how to satisfy the banks conditions when you need help with finance. Or on how to keep creditors, insurers and suppliers happy, etc. Their expertise covers income tax, capital gains tax, corporation tax, VAT, payroll and many more.

    They can help with dealing with Inland Revenue investigations also.

    Parking

    There are parking bays right in front of the office, please be careful not to park in loading bays. Parking costs £1.90 per hour (maximum stay 2 hours). Alternatively, you can park in Sainsbury’s car park, which is just 1 minute walk away from the office. Parking there is completely free for 30 minutes and would be free for up to 2 hours provided you spend £10 in Sainsbury’s. Our office is at 18-20 East Street, Bromley BR1 1QU, which is opposite of O’Neill’s pub and TruGym.

    Alternatively, there is a big car park (1,500 spaces) in the INTU Bromley Shopping Centre (formerly The Glades). Parking costs £1.10 per hour for every day of the week. The shopping centre car park address is: The Glades, High Street, Bromley, BR1 3EF.

    By car

    If you drive to our office in Bromley, please enter this address in your Satnav 18-20 East Street, Bromley, BR1 1QU. From Orpington, you can take A232, then A21. From Beckenham, you can take A222. From Eltham, you can take A208, B226, A2212, then A21. From Lewisham and Catford, you can take A21. From Croydon, you can take A232, A233, then A21. From Kent, you can take A21. From North and East London, you can take the Blackwell tunnel southbound, A2, A2213, A20, South Circular Road, A2212, then A21. From West London, you can take South Circular Road to Catford, then A21.

    Public transport

    We are situated in Bromley East Street, which is served by Bromley South and Bromley North train stations, they are about 5-10 minute’s walk away. There are direct trains from London Victoria, London Bridge and London Blackfriars to Bromley South station. Bromley South is connected by direct trains to major towns around London and in Kent such as St Albans, Orpington, Sevenoaks, Ashford, Gillingham, and Ramsgate.

    The main bus routes serving Bromley High street are 61, 119, 138, 146, 208, 227, 246, 261, 269, 320, 336, 352, 354, 358, and 367.

    Chartered Certified Accountants       Call us: 020 8313 9117 contact@adivaaccountants.co.uk
    We're currently closed.We're open again on Thursday (12th December 2024) from 9:00 am to 5:30 pm
    FAQs

    The issue of shares?

    • Admin
    A

    The issue of shares?

    Issuing more shares is another way of introducing funds to your corporate business. This is a good addition to business funds and gives additional strength to the company’s balance sheet. However, you need to consider where the funds are coming from to subscribe for the new shares. If the original owner of the business wishes to subscribe for these shares, then he or she may have to borrow money as discussed above. However, shareholders in this position are often at the limit of funds that they can borrow. So, it may be necessary to have an investor buying those shares. This may result in a loss of either control or influence on how the business is run. Considering this an issue of shares in such circumstances can be a very difficult decision to make.

    If you are starting, or have started a business in Bickley, Bromley, Kent and London areas we, at Adiva Accountants in Bickley, can help you in issuing shares to investors. So please do not hesitate to contact us at Adiva Accountants in Bickley for further advice.

    Venture capital

    If you approach venture capital houses for finance you will also have to issue new shares. The amount of capital they can introduce into the business is an advantage of going to such institutions. The British Private Equity and Venture Capital Association offers useful free publications (www.bvca.co.uk). Due to the considerable size of their investment, you can expect them to want a seat on your Board. They will also make available their business expertise which will strengthen your business. However, this will come with an additional pressure for growth and profits.

    Over the years, the government has introduced various tax-efficient schemes for entrepreneurs to invest in growing businesses. The current schemes available are called:

    • the Enterprise Investment Scheme (EIS)
    • Seed Enterprise Investment Scheme (SEIS) and
    • Venture Capital Trusts (VCT)

    The EIS scheme offers tax reliefs to investors in higher-risk small companies.

    The SEIS scheme is designed to help small, early-stage companies to raise equity finance. This scheme offers a range of tax reliefs to individual investors who purchase new shares in those companies. SEIS scheme recognises the difficulties which very early stage companies face in attracting investment. So, it offers tax relief at a higher rate than that offered by the EIS scheme.

    Retained earnings and drawings

    The well-being of a business is connected with the cash flow, so attention should be paid to that. If a proprietor would need more liquidity. Then it might be necessary to review the amount of money they are withdrawing from the business for their personal needs. If the personal drawings can be reduced, the additional funds earned by the business can be retained for future use.

    Categories: Business startup, Business startup in Orpington Kent
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