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Accounting for Local Authority Trading Companies

Local Government Trading Companies (LATCOs) have a distinct commercial dynamic. We can provide the necessary breadth and depth of expertise to deliver a relevant and comprehensive service, from implementing a professional and efficient audit to providing expert tax advice that may benefit your bottom line.

Strategies for your local authority business

We collaborate closely with our clients to give strategic and practical guidance in response to constantly changing consumer expectations. For many years, we have assisted enterprises in this industry in reaching their full potential, and this expertise puts us in an ideal position to assist you in doing the same.

Our expert team of partners and staff have a comprehensive understanding of local authority trading companies and are prepared to guide you through your accounting procedures. Simply get in touch and one of our specialists will get back to you.

Work with people who understand:

Tax regulations

Specialist tax advice on transfer pricing, thin capitalisation and mutual trading.

Business models

Assistance with creating robust business plans, including cashflow modelling.

Finance management

A professional and efficient service including payroll, taxation, VAT, management accounting, end-of-year reporting and auditing.

Due diligence

Investigations examining the financial, commercial and legal aspects of your local authority company.

Thin capitalisation

Review commercial rates of interest, loan to asset value and interest to profit ratios.

Forward planning to meet future aims

With your accounting under control, you’ll have the time and capacity to plan ahead.

“As the Finance Director and Company Secretary of a start-up Local Authority Trading Company (LATCO), the appointment of the auditors, accounting and tax advisors for the group was a crucial decision. The decision was an easy one due to Ensors’ impressive presentation and the directly relevant experience and knowledge. After two years the decision has been confirmed as the right one and the advice and assistance received has been first class and very professional.”

Alex Morris – – HTS Group Ltd