Description
We have a two-tier pricing structure for all VANL’s financial services as detailed below.
Payroll Service:
Member Group
Non-Member Group
Initial set- up charges
£10 per group
£20 per group
Processing charges
£4.75 per employee per payroll run
£7.50 per employee per payroll run
Submission of year-end returns to HMRC and P60s to employees
£4.75 per employee
£7.50 per employee
So for a member group with three employees who are paid monthly the annual cost would be:
Initial set-up - £10.00
12 payroll runs - 3 x 4.75x12 - £171.00
Year-end processing - 3x4.75 - £14.25
Total cost in year of set up - £195.25
Total cost in subsequent years - £185.25
Community Accountancy:
For Community Accountancy work the same charge out rate (see below) is applied to:
Bookkeeping services
Year end accounts preparation
Independent examination of accounts
Bespoke financial training
Internal audits for parish councils
Charge out rates
Member Group
Member Group With income below £10k per annum
Non-Member Group
Time spent
£27.50 per hour - Discounted to £25 per hour £30 per hour
A small group with income under £10,000 per year, with no restricted funds, and with accounts written up to the draft accounts stage usually only takes one or two hours to complete an Independent Examination.
Time spent (and therefore costs) increase when:
There are a number of restricted funds/grant
Income levels increase
The bank is not reconciled
The cashbook is not fully written up
Records have been poorly maintained or are incomplete
We need to prepare as well as check the annual accounts.
Bursary Scheme
VANL does operate a modest bursary scheme for one-off instances where due to extreme hardship groups require an independent examination of their accounts but do not have the ability to pay. Applicants must be able to evidence such hardship. Further details are available on request.
Please note the price shown is a typical cost for this service and is dependent on your individual needs and requirements. Once these have been discussed we can confirm a price.
If you are a registered user of this website you can ask us any question, including questions about meeting your specific needs, by clicking on the ‘Request More Information’ tab above.
