Limitless Bookkeeping

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Limitless Bookkeeping

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Bookkeeping, payroll and VAT services, saving you time to focus on your goals.

16/10/2026

A customer pays you £1,200. How much of it is yours?
If you're VAT registered and charging the standard rate, £1,000. The other £200 belongs to HMRC and is only resting in your account. There's tax on the profit still to come out of the £1,000 too.
The trouble is that the bank shows one number. £1,200 lands, the balance looks healthy and decisions get made with money that was never available. Three months later the VAT return is due and the balance has to find it.
What works is pretty boring: a second account, and the habit of moving the tax share across on the day each payment arrives. Out of sight, not spent.
I can work out the right figure for your business from your last few quarters.

14/10/2026

The second Making Tax Digital quarter closed last week. The update is due by 7 November.
This is for sole traders and landlords whose self-employment and rental income together came to more than £50,000, who have been in MTD for Income Tax since April. The quarter ran to 5 October, or 30 September for anyone who chose calendar quarters.
The first deadline in August showed the pattern. People with bank feeds running and receipts snapped as they went sent theirs in minutes. People who had saved it all up lost a weekend. The update itself is a few clicks. The catching up is the work.
Three weeks is plenty if you start now: reconcile the bank to 5 October, clear the transactions nobody can explain and check nothing personal has crept in.
Income over £30,000? Your turn comes in April 2027, and the habits are easier to build before they're compulsory.
If you'd rather hand the quarterly updates to someone who does them every week, send me a message - my details are in the bio.

13/10/2026

New office is taking shape! Watch this space for new opportunities to work with us!

12/10/2026

Two invoices. Same customer, same amount.
One says "Payment terms: 30 days". The other says "Due Friday 13 November" with the bank details directly underneath.
The second gets paid first, nearly every time. An accounts clerk working through a pile pays whatever has a date on it.
Most late payment comes down to small frictions like that, and they're cheap to remove:
• Send the invoice the day the job finishes. Every day spent waiting for month end is a day added to the wait
• Agree terms in writing before starting, so the invoice isn't the first mention of money
• Give one person a fixed half hour each week for anything overdue. Tuesdays at 10 works
• Let the software send the first reminder. Nobody takes an automated nudge personally
If chasing is the job nobody in your business wants, my link is in the bio!

09/10/2026

A Friday job. Fifteen minutes, one spreadsheet.
Thirteen columns, one for each week between now and early January.
Top row: what's in the bank today.
Then money in, entered on the date each customer normally pays. Be honest here. If they always take 45 days, an invoice that says 30 changes nothing.
Underneath, money out: wages, rent, suppliers, loan repayments. Then the ones that ambush people: the VAT quarter, PAYE, the insurance renewal, the Christmas bonus promised back in June.
The bottom row is the closing balance for each week. Scan along it. Somewhere there's a dip, usually where payroll and VAT collide. Found in October, that week can be fixed by moving one payment date or chasing two invoices. Found on the day, it can't.
I build these for clients and keep them updated weekly. If you'd like one for your business, let's arrange a call ☎️!

07/10/2026

Take a joiner who finishes a £12,000 kitchen on 30 September and invoices that afternoon.
September's profit report looks great. The sale is in there, all £12,000 of it.
The bank tells a different story. The timber was paid for in August. Two lots of wages went out in September. The customer is on 30-day terms, so the money lands at the end of October if they're prompt and mid November if they aren't.
For about six weeks that business is profitable and short of cash at once. Put four jobs on the go and it's easy to see how a good year ends in the overdraft.
Neither report is wrong. One measures what was earned, the other what has arrived. Someone needs to be watching both.
Curious how wide the gap is in your business? Send me a message today!

05/10/2026

Today is a deadline most people only hear about after they've missed it.
Anyone who started working for themselves between 6 April 2025 and 5 April 2026 needs to have told HMRC by today, 5 October. The same goes for new rental income, or other income that hasn't had tax taken off before it reached you.
The people it catches rarely set out to start a business. It's the employee whose weekend cake orders turned into proper money. The couple who moved in together and rented out the spare flat. The contractor who went freelance in March and assumed the paperwork could wait.
Registering takes a few minutes online. Doing it late isn't a disaster, but HMRC can charge a penalty if the tax ends up paid late as a result, so today beats next month.
Not sure whether a side income counts? Ask me before HMRC does.

02/10/2026

"If I made all that, where is it?"
I get asked this every autumn, usually by someone who has just had their best year and still checks the balance before paying a supplier.
The accounts aren't wrong. Neither is the bank. They measure different things, and the gap between them has about five hiding places.
This month's blog goes through all five, then shows the 13-week forecast I set up for clients so the gap stops being a surprise: Profitable on Paper, Skint in the Bank: A Small Business Guide to Cash limitlessbookkeeping.co.uk/blog/
Read it, then put your bank balance next to your last profit figure. If the two don't look like they belong to the same business, feel free to give me a call!

30/09/2026

Month-end is where control is won or lost.
Before September closes, make sure:
🧾 All invoices are raised and matched to delivery
🏦 Bank is reconciled and debtors are current
🚘 Anything unusual is explained, not parked
Your future self doesn’t need more detail. It needs fewer loose ends. If you want a close process your team can run without you carrying it, let's talk - details in the bio.

28/09/2026

Forecasting doesn’t need a monster spreadsheet. It needs a few inputs you trust.
A practical 8-week view is usually enough: •
💷Cash in by expected payment date (not hope)
📅 Fixed commitments (payroll, key suppliers, tax/VAT)
🔎 Known one-offs (annual renewals, equipment, hires)
When you can see pinch points early, you can act early.
Want me to build a simple forecast you’ll actually use? My details are in the bio.

Address

Norwich

Telephone

+447881237221

Website

http://www.limitlessbookkeeping.co.uk/

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