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Digital Accounting

Spend less time on paper work and more time on your business

Our digital accounting services are ideal for small businesses. Being paperless, it is an easier and more efficient way to handle and submit your accounts.

What is Digital Accounting and why you need it

Digital accounting is secure, cloud-based accounting. Cloud based accounting is where all your accounting records are not stored locally, this allows you to log in anytime, anyplace. Sage, Xero and Free Agent are the software packages we feel offer the best service available. They have an easy to use interface and can be used not just to store accounting records, but to fully service the accounting process. This ranges from producing invoices to more in depth and technical reports.  We can help you choose which suits you and your business the best.

Limited companies

Cloud based software’s offer limited companies a full digital service encompassing bookkeeping, year-end, payroll, and management accounts. 

With the reports that we can produce from the different digital accounting software’s we can then offer business consulting and advice. Also as the software is MTD compliant we can file VAT returns with HMRC directly, rather than having to file through an external page within the HMRC website. Also this enables us to look back at previous returns to see how the business is performing in comparison with previous quarters. 

Sole traders

We are here to offer advice and business support for your end of year accounts submissions and how to expand your company when the time is right. We can also use the information digital accounting software’s provide to produce self-assessment tax returns.

Start-up businesses

Starting out in business comes with many hurdles. We are on hand to help you navigate the course and give advice on all areas of financial management, including identifying potential pitfalls and how to avoid them.

Did you know?

“Medium-sized businesses account for only 0.6% of business in the U.K. 99.3% of all businesses in the U.K. are classes as small businesses (fewer than 50 employees)”
“50% of new small businesses fail within the first five years of starting. Having experienced accountants to help guide you through will always be an asset.”
“Medium-sized businesses account for only 0.6% of business in the U.K. 99.3% of all businesses in the U.K. are classes as small businesses (fewer than 50 employees)”
“34% of SMEs (small to mid-size enterprise), are based London or the South East. “
“Less than 4% are small businesses (10-49 employees) “
“There were 5.8 million small businesses at the start of 2019.”

"Whatever business you're in, we’re here to make handling your business as easy as possible"

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Independent Chartered Accountants Since 1996
Accountancy Services, Business Advice & Tax Consultation In Milton Keynes

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CO.REG.NO. 5474902. REGISTERED OFFICE: SOVEREIGN HOUSE, 15 TOWCESTER RD, OLD STRATFORD, MILTON KEYNES MK19 6ANUK
DIRECTORS: MRS DM BALCH ACA AND MR SA BALCH FCA

GDPR and Privacy Policy

European Union GDPR (General Data Protection Regulations)

The EU GDPR is designed to help all of us have more control over our personal data, and how is it used.

Who does the information GDPR apply to?

Data subjects, being all visitors and users of any website who are members of the European Union, and therefore who submit personal data. Thompson Balch  is the data processor and data controller of this site. You can find out more about this law here.

Privacy Policy

Effective from 25th May, 2018

This Privacy Policy sets out how we use and protect information that you may provide when you use this website.  Your privacy is protected and important to us. If you provide identifiable personal information it will only be used to help us fulfil your project requirements.

Thompson Balch is the company who collects any personal data submitted through this website.

We may update this policy periodically, please check this page to ensure that you are in agreement with any changes.

What We Collect

Personal information, basically any data that can be used to identify or contact you is collected so we can service your requirements.  This could include your name, business name, address details, email, telephone numbers, or information pertaining to your exhibition stand requirements. You may also at times be asked to leave a message about your enquiry or project brief. Websites also collect your IP address through the use of Cookies (find out more about cookies below).

If you opted-in to our mailing list, you may receive occasional emails on important updates or service information. You have the right to opt-out or and have any personal details removed at any time, please email us.

What We Do With The Information We Collect

Information is saved until the enquiry is dealt with and then archived with the project or on cloud-based systems if you are an ongoing client. We also retain your contact details and information in the emails you have sent, but you can request to have your personal details deleted at any time.

We will not sell, distribute, or lease your personal information to third parties unless we have your express permission, or are required by law to do so. We may use your personal information to send you relevant information about the services we offer, or information you need as part of the services we offer.

Data Security

In our continued commitment to ensuring that your information is secure and to prevent unauthorised access or disclosure, we have suitable physical, electronic and managerial procedures in place to safeguard and secure the information we collect online.

  • Data is stored on a secure cloud-based server or on a secure, password-protected computer with limited user access.
  • Sending information over the internet is generally not completely secure, and we can’t guarantee the security of your data while it’s in transit. Any data you send is at your own risk.
  • We have procedures including 2FA, passwords, restricted access and other security features in place to keep your data secure once we receive it.
  • Thompson Balch will NEVER pass on your personal data to third parties without first getting your explicit consent.

Controlling your personal information

You may choose to restrict the collection or use of your personal information in the following ways:

  • Whenever you are asked to fill in a form on the website, look for the box that you can click to indicate that you do not want the information to be used for direct marketing purposes
  • If you have previously opted-in to a mailing list or provided other information, you can find out what information we hold, and ask us to remove or not to use any of it, by writing to, or emailing [replace email address]
  • You may request details of personal information which we hold about you.
  • If you believe that any information we are holding on you is incorrect or incomplete, please write to, or email us as soon as possible.  We will promptly correct any information.

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User and Event Data Retention

User-level and event-level data associated with Google Analytics cookies is retained for 14 months and then automatically deleted.

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I have implemented IP Anonymization, simply put, the last three digits of your IP address are set to zeros in memory shortly after being sent to the Analytics Collection Network. The full IP address is never retained, or written to disk.

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