What we do

Management information

  • Annual accounts
  • Forecasting
  • Improvements in financial efficiency
  • Risk management
  • Working capital considerations
  • Management areas of profit appropriation and associated drawing policies

Structures and succession

  • Conversion to LLP or Limited Company
  • Structure
  • Exit arrangements
  • Mergers
  • Capital contributions
  • Property ownership

Client money examinations

Many professional practices hold client money and require an examination to be forwarded to the regulators who include:

  • SRA
  • RICS
  • PropertyMark

Compliance for professional services

Tax should not direct a professional practice but it does affect cash flow, whether you trade as a Partnership, an LLP or a company. We complete the partnership or company financial statements, tax returns and also provide a full compliance service to the owners of the firm, as well as helping with forecasting tax liabilities and providing planning advice.

Our audit team is also experienced in working with professional practices for statutory and other assurance requirements.

We have a wide range of services on offer but if you are unsure if we can help, please don’t hesitate to get in touch.

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Supporting COLPs and COFAs

Being a COLP and/or a COFA can feel like a lonely position.

In our recent webinar, our specialist team provided updates on the recent and upcoming changes which will have a huge impact on the legal sector.

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How we've supported professional services

Meet our professional services team

Jennifer Williamson

Jennifer Williamson BSc (Hons) FCA

Accounts, Tax and Outsourcing Partner

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    Richard Spofforth

    Richard Spofforth BSc (Hons) FCA

    Partner, Head of Accounts and Outsourcing

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      • yes I have read the privacy notice and am happy for Kreston Reeves to use my information






      Max Masters

      Max Masters ACCA

      Senior Accounts Manager

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        • yes I have read the privacy notice and am happy for Kreston Reeves to use my information






        A series of photos demonstrating the Kreston Reeves purpose, in office, charity challenge and candid photos.

        Our purpose, our passion

        To guide our clients, colleagues and communities to a brighter future.

        In a continually evolving world we help all generations embrace change through trusted advice, support and guidance. Our passion for continued improvement ensures that we work to understand your goals, support and advise you on your journey and help you to realise your ambitions.

        About us