Connect with Budgeting and forecasting by Yarka Krajickova  of Stepping Stones Accountancy for small business support on Enterprise Nation

Connect with Budgeting and forecasting by Yarka Krajickova  to grow your entrepreneurial network of start-ups and small business owners on Enterprise Nation.

Budgeting and forecasting by Yarka Krajickova , Stepping Stones Accountancy | Enterprise Nation

&lt;p&gt;Here at Stepping Stones Accountancy we are a general accountancy practice offering accountancy, tax, bookkeeping and payroll services to small businesses in Bristol and surrounding areas.&lt;/p&gt;

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Yarka Krajickova > Finance > Standard service > Budgeting and forecasting 

Yarka Krajickova

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Knowing the performance of your business last month quarter or year is great but this information is always out of date as soon as it is produced. Budgeting and forecasting looks to the future and how your businesses will perform. This is very useful to every business owner to see if any challenges arise in the future that can be planned for now. It allows you to make proactive business decisions such as noticing a short term cashflow problem in the future and making decisions today to present and prevent the problem such as increasing your overdraft.

Budgeting &amp; forecasting can be especially useful when raising finance or investment. Your backer will want to see that their investment can be repaid and how their investment will affect the business. It’s essential that you show your backer a professional well-presented forecast and we can assist with this with a one year forecast costing £500 and each additional year after that £250.

&lt;p&gt;Here to help you achieve your business goals and reduce your tax. We’re technology focused accountants with high customer satisfaction at heart. We specialize in Tax Planning, cashflow forecasting for new businesses and startups.&lt;/p&gt;

&lt;p&gt;I also run workshops focusing on working from home expenses, frequently asked questions, quickbooks nose around...&lt;/p&gt;

&lt;p&gt;I also guest speak for group or in person- 5 tips to a smooth tax return, 5 reasons to do your tax return in June...&lt;/p&gt;

Accountant

Budgeting and forecasting by Yarka Krajickova

I'm a freelance content creator and event host who helps small businesses and the organisations that support them. I'm also Enterprise Nation's Local Leader for Bristol.
I have 19 years of experience as a small business journalist having interviewed hundreds of entrepreneurs from billionaires like Sir Richard Branson to the founders behind brand new start-ups.
I've worked for a range of leading small business publications and support groups, most recently as head of content at Enterprise Nation where I was responsible for the prolific output of content on the company's blog and social media. I now freelance for Enterprise Nation including hosting the Small Business sessions podcast.
I'm based in Bristol where I run and host regular events with the local small business community in my role as Enterprise Nation's Local Leader for Bristol. I also have strong connections with other major business organisations in the south west region.
In total, I've hosted over 100 events including conferences with an audience of hundreds for international brands like Xero and Facebook and live web chats from inside 10 Downing Street.
With my partner, I co-run Lifestyle District, a lifestyle blog focused on culture, art, theatre and photography.

Freelance content creator & event host

Podcast: How understanding your business finances will drive your entrepreneurial success

Great tips on an essential skill for successful entrepreneurs.

I am a Chartered Accountant, having earned a respected reputation in the field of accounting, with more than 15 years of experience in working with small and medium-sized enterprises. Having worked with business owners ranging from one-man start-ups to large companies requiring a different level of services, I have developed a passion for the profession and I am driven by the success of my clients. I have spent many years in business working at boardroom level, holding various positions before being motivated to start my own practice, Makesworth Accountants, where I have blended my technical skills in accounting and tax with my business skills derived from my time in the industry. I have embraced the changing times and technologies and strongly agree that accountants are moving from being number crunchers to being reliable and trusted advisors. Throughout this process, Makesworth has been able to secure various affiliations and awards.
My objective is to add value to my clients’ businesses through the application of my extensive experience and knowledge in accounting, tax, HMRC investigations, business start-ups, and much more.
You can expect us to provide expert solutions for your business needs no matter what business model you have. You will receive a cost-effective service and a free initial consultation.

Chartered Accountant

Accountancy, Taxation and Business Advisory

Accountancy, Taxation and Business Advisory Services in the UK

I am a qualified bookkeeper and have had my own bookkeeping practice for over 10 years specialising with Xero Cloud Accounting Software. I am also a qualified mentor and business coach and I love to support new and established entrepreneurs and start-ups through my business and finance experience and skills.

Bookkeeping Consultant

Self Assessment Tax Returns

Do you find the Self-Assessment Tax Return process painful?
 
Do you find filling in your self-assessment tax return form confusing? Not sure what to put in each box? HMRC explanations aren’t always very clear to you and you end with a million questions.

Do HMRC rules and regulations make you feel overwhelmed and you’re not sure what applies to you and your business?

Do you feel like it’s an inconvenience that repeats every year? You know it has to be done but you feel like you’re wasting your

I am an expert in finance, having worked in big investment banks such as Merrill Lynch, BNP Paribas, Shearson Lehman, and am a retired actuary (insurance/pensions financial mathematician). I have a maths degree from Cambridge University and have had multiple careers relating eg to M&A, investment analysis, pensions, insurance, property, investment, financial planning, banking, derivatives...I have written numerous cutting edge papers on these subjects.
My favourite activity is to help businesses, small and large, on developing their business: writing a business plan, preparing financial forecasts, developing pricing tools for them such that they can better assess the prices they should be charging their customers, valuing their business, helping them to raise equity or debt finance.
I have lectured on finance and investment at various leading universities. Written numerous papers which have had a major influence on how the insurance and pensions industries are run.  I have been a senior investment banker advising on M&A, risk management, shareholder value optimization, and also investment analyst (banking, insurance, pharmaceuticals, smaller companies...).
What distinguishes me is that I do NOT provide advice (!!). For example, I write a factual business plan. Or, I calculate how much your business is worth based on my knowledge and expertise, and information you supply. From this you can decide your best strategy, easily.
I am real good at helping you decide also, for example, how much your home is worth, what investments suit you, whether interest rates are headed up or down, whether there is going to be a market crash or boom, which type of loan finance to select...
In my opinion, companies stand to gain a lot of money in market value added terms from my work compared with other professionals. They have no understanding, in general, of statistics, of finance etc. They may be experts in their fields, but not in mine.
I am NOT a solicitor, estate agent, IFA, mortgage broker…I am an investment expert who has 46 years’ experience researching and thinking about financial matters. I love valuing things (property, mortgages, shares…). My philosophy is to do work such as is required by a client but have a preference for them using a market value maximization rule. Are you better off in £ value terms by taking out the mortgage, buying or selling the property with or without a mortgage, selling the business at this price…?
PLEASE NOTE. I AM NOT REGULATED UNDER THE PRA AND FCA, ALTHOUGH I USED TO BE WHEN I WAS WORKING. With any work undertaken by me, you are NOT covered by the Financial Ombudsman Service or the Financial Services Compensation Scheme (FSCS).
List of my clients over the last 46 years:
1. Insurance. Virtually all UK life insurers, 20 UK general insurers, 4 Lloyds syndicates, 7 Italian insurance companies, 5 French, 4 Dutch, 20 Spanish, 15-20 German, 5 American, 2 Trinidad, 1 Jamaican, Jamaican government insurance supervisor, 2 Hong Kong insurers
2. Pension funds. 100 UK schemes, 4 large French schemes (including 2 state schemes), 3 Italian, 5 Dutch, UK government actuaries department
3. Property. 1 Australian company, 1 South African company (Liberty International hired me to value their Lakeside and other major shopping centres for inclusion in their group accounts). Numerous small clients, individuals, insurers, one pension fund.
4. Investment (equities, bonds, gold, property, bitcoin...). Many unit trusts, investment trusts, pension funds, insurance companies, 2 hedge funds, countless individuals. Numerous investment managers mostly in the City of London
5. Personal financial planning: retirement, insurance, property...advices. Some 70 individuals on a formal paid basis, many unpaid informal.
6. Mortgage advice. Mostly for myself over the years, very detailed analyses covering the market. 4 to individuals on a paid basis, 3 unpaid.
7. Asset mix advice. Derivatives advice. Mostly to large companies, institutions, pension funds and insurers, a few to government treasury departments in Europe.
8. M&A deals. Many industrial small and larger companies. Many insurers. 7 FTSE 100 deals, many proposals, UK, Europe.
9. Credit analysis. Many transactions for a Ukrainian bank. Chief risk manager for a large Swedish multinational insurance company, Lloyds syndicates&apos; regulatory body. One Australian bank.
10. Banking. Many projects for UK clearing banks, many for 2 Australian large banks
11. Small business appraisals and financial modelling. Many. Some 10 M&A transactions of small companies.
In my profession as an actuary I received the the Jim Anderson award for Professional Excellence, and was awarded ‘VIP’ status by Worldwide Who&apos;s Who in 2014.
In the actuarial profession, I had a high profile as a result of many influential papers including:
•	Financial Theory Of Defined Benefit Pension Schemes
(“Eighteen years&apos; ago today, Jon Exley, Shyam Mehta and Andrew Smith published what has been described as the most important and influential paper ever written on defined benefit (DB) pensions”)
•	ALLOWING FOR ASSET, LIABILITY AND BUSINESS RISK IN THE VALUATION OF A LIFE OFFICE
•	Asset Strategy For Defined Benefit Pension Schemes
•	Consistent Assumptions For Multinational Asset Models
•	Exley Mehta Smith Market Efficiency
•	Exley Mehta Smith Mean Reversion
•	Hedge Funds For Pension Funds
•	Pension Funds— A Company Manager&apos;s View
•	QUANTIFYING THE SUCCESS OF A LIFE OFFICE
•	Summary And Comparison Of Approaches Used To Measure Life Office Values
•	TAXATION IN THE ASSESSMENT OF PROFITABILITY OF LIFE ASSURANCE PRODUCTS AND OF LIFE OFFICE APPRAISAL VALUES
•	Life Assurance Sector Review: A Fresh Approach, Shearson Lehman Hutton
•	Pricing of Insurance Risk, Staple Inn Actuarial Society
My work has been highly influential in creating change to the way insurance companies and pension funds are run across the world, particularly in the UK (so that, for example the risk borne by insurance companies is now far lower, and for pension funds it is now mandatory to publish and also carry out valuations to see whether the scheme is solvent).
I am a yoga teacher with an advanced teaching certificate since 1977, having for example been a co-author of the best selling book &quot;Yoga: the Iyengar Way&quot;.
My favourite activity is watercolour painting.

Director

Shyam Mehta

I am an expert in finance, having worked in big investment banks such as Merrill Lynch, BNP Paribas, Shearson Lehman, and am a retired actuary (insurance/pensions financial mathematician). I have a maths degree from Cambridge University and have had multiple careers relating eg to M&A, investment analysis, pensions, insurance, property, investment, financial planning, banking, derivatives...I have written numerous cutting edge papers on these subjects.
My favourite activity is to help businesses

Budgeting and forecasting by Yarka Krajickova

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