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Monday 8:30am - 5pm Tuesday 8:30am - 5pm Wednesday 8:30am - 5pm Thursday 8:30am - 5pm Friday 8:30am - 4pm

Streets Woodville

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Streets Woodville

Chorley Accountants, passionate about seeing each customer prosper and helping at every turn.

Are you looking for short-term problem solving or long-term planning? Contact us for some friendly advice or to see how we can help your growing business. We are an accountancy firm based in Chorley that use tried and tested methods as well as being innovative and efficient throughout our service offering: Accountancy, Online Accounting, Strategic Guidance, Outsourcing and Tax.

26/05/2026

Three things to stay in control each week 📋

Running a business can feel reactive if you let it.

A simple weekly check can make a big difference:

✅ What actually moved the business forward this week
✅ What did not need your time
✅ What needs your focus next week

It does not take long, but it creates clarity.

And clarity reduces stress.

Get in touch to find out how we can help your business grow.

📞 01257 368 963
✉️ [email protected]
🌐 https://vist.ly/55ixs

19/05/2026

Turnover is not the goal.

Growing revenue feels like the obvious target.

But if your costs grow at the same rate, nothing really changes.

Or worse, you end up working more for less.

Profit, cash flow, and efficiency matter far more than headline turnover.

Growth should improve your position, not just increase your workload.

Get in touch to find out how we can help your business grow.

📞 01257 368 963
✉️ [email protected]
🌐 https://vist.ly/54nu8

14/05/2026

Business Bank Accounts / Separation 🏦

Mixing personal and business finances is one of the fastest ways to create problems.

👉 Harder to track expenses
👉 Higher risk of errors in returns
👉 Red flags if HMRC ever reviews you

Even as a sole trader, a separate business account makes your life easier and keeps your records clean.

Want more tips and advice? We send detailed weekly tax tips straight to your email inbox free of charge every week. Get in touch to find out more.

📞 01257 368 963
✉️ [email protected]
🌐 https://vist.ly/547dy

12/05/2026

Busy doesn’t always mean profitable.

A full diary and steady workflow can feel like progress.

But being busy is not the same as making money.

Low-margin work, underpricing, and rising costs can quietly reduce profitability, even when things look good on the surface.

The key is understanding which work actually makes you money.

Not all revenue is equal.

Get in touch to find out how we can help your business grow.

📞 01257 368 963
✉️ [email protected]
🌐 https://vist.ly/53vvm

07/05/2026

Capital Allowances vs Expenses 💰

Not everything you buy for your business is treated the same.

🚗 Day-to-day costs (fuel, software, materials) = expenses → deducted straight away
⚙️ Bigger purchases (equipment, machinery, tools) = capital allowances

You could claim 100% tax relief upfront using the Annual Investment Allowance instead of spreading it over years.

If you’re planning a large purchase, timing it correctly can reduce your tax bill significantly this year.

Want more tips and advice?

We send detailed weekly tax tips straight to your email inbox free of charge every week. Get in touch to find out more.

📞 01257 368 963
✉️ [email protected]
🌐 https://vist.ly/53cn9

05/05/2026

Where is your profit actually going?

It is easy to focus on how much money is coming into the business.

But what really matters is what you keep.

We regularly speak to business owners who are turning over decent figures, but once costs, subscriptions, and inefficiencies are factored in, the profit is far lower than expected.

Often it is not one big issue. It is small things adding up over time.

If you have not reviewed your costs properly in a while, now is a good time to take a look.

Get in touch to find out how we can help your business grow.

📞 01257 368 963
✉️ [email protected]
🌐 https://vist.ly/534md

30/04/2026

Did you know certain staff events can be tax-free?

HMRC allows businesses to spend up to £150 per person per year on annual staff events without creating a taxable benefit, provided certain conditions are met.

Key points:

✅ The event must be open to all employees
✅ The £150 limit includes VAT
✅ The £150 applies to the total of all qualifying events in the year
✅ If the cost exceeds £150 per person, the entire amount becomes taxable.

HMRC guidance:
https://vist.ly/42fjg

If you want to sense-check how entertaining costs should be treated in your business, feel free to get in touch.

Want more tips and advice? We send detailed weekly tax tips straight to your email inbox free of charge every week. Get in touch to find out more.

📞 01257 368 963
✉️ [email protected]
🌐 https://vist.ly/42fjh

28/04/2026

Speed can feel like a strength in business.

Responding quickly, acting decisively, and moving forward without hesitation all have their place. But some decisions benefit from a little distance.

Time allows assumptions to settle, new information to appear, and perspective to improve.

But not every decision needs urgency. Some just simply need space.

If reflective approaches to business resonate, our weekly newsletter shares thoughtful insights each Tuesday.

Get in touch to find out how we can help your business grow.

📞 01257 368 963
✉️ [email protected]
🌐 https://vist.ly/426mn

23/04/2026

If you run a limited company and withdraw money that isn’t salary or dividends, it is usually recorded as a director’s loan.

If the loan is still outstanding 9 months and 1 day after the company’s year end, the company may need to pay a tax charge of 33.75% of the outstanding balance.

Director’s loans often build up gradually through smaller withdrawals, which is why it’s important to keep an eye on the balance.

HMRC guidance:
https://vist.ly/4zjfv

If you want help understanding how director’s loans are treated, we’re happy to help.

Get in touch to find out how we can help your business grow.

📞 01257 368 963
✉️ [email protected]
🌐 https://vist.ly/4zjfu

21/04/2026

Most decisions feel logical in the moment.

Yet much of our thinking happens automatically 🧠

Instinct, experience, and bias all play a role in how choices are made, often without us realising.

Understanding how decisions are shaped can make it easier to pause, reflect, and choose more deliberately.

If this kind of thinking interests you, our weekly newsletter explores practical ideas that help business owners make clearer decisions.

Get in touch to find out how we can help your business grow.

📞 01257 368 963
✉️ [email protected]
🌐 https://vist.ly/4z84t

Address

Unit 20 Yarrow Business Centre, Yarrow Road
Chorley
PR60LP

Opening Hours

Monday	8:30am - 5pm
Tuesday	8:30am - 5pm
Wednesday	8:30am - 5pm
Thursday	8:30am - 5pm
Friday	8:30am - 4pm

Telephone

01257368963

Website

http://www.woodvilleaccountancy.co.uk/

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