5 Common Accounting Mistakes Small Businesses Make (and How to Avoid Them)
Running a small business comes with enough challenges—your accounting shouldn’t be one of them. Yet, many business owners unknowingly make financial missteps that can affect
EXCELLENT Based on 29 reviews Posted on Tomas IndriunasTrustindex verifies that the original source of the review is Google. Super happy with the services!! RecommendPosted on james TaylorTrustindex verifies that the original source of the review is Google. Another year has passed, Taxed Paid. Thank you for your continued help with my accountancy. See you again next yearPosted on Alexia TaylorTrustindex verifies that the original source of the review is Google. Great service! Especially for my one-woman business. They always remind me when my stuff is due. Thank you, BM AccountancyPosted on Olugbenga AjaniTrustindex verifies that the original source of the review is Google. Amazing services and support from BM Accountancy. Baraka is an absolute gem - always professional, knowledgeable, friendly and helpful. Our businesses have benefitted immensely from your services and we will keep recommending you across our network.Posted on Braidz BrazyTrustindex verifies that the original source of the review is Google. Great accountancy firm. I mainly use for corporation tax purposes and they are very efficient and accomodating!Posted on Mr AhmedTrustindex verifies that the original source of the review is Google. I’ve been working with BM accountancy firm for the past 2 years, and I couldn’t be happier with their service. They are knowledgeable, professional, and always available to answer my questions. Thanks to their clear advice and attention to detail, my accounts are always in order and deadlines are stress-free. Highly recommend for both personal and business accounting needs!"Posted on Tayo AkinTrustindex verifies that the original source of the review is Google. Wow!!!!!!!!!!! The service rendered was superlative as my English teacher used to say. I was made to feel super important and the tax advice given was exceptional. I would always recommend your services to my network.Posted on Quentino Mo'Trustindex verifies that the original source of the review is Google. Excellent service! ✨ As an entrepreneur, numbers and setting up tax admin for your startup can be overwhelming. Baraka assists you through each step with grace and genuine professional advice on the most suitable financial approach for your small business. Positive and bubbly rather than cold and transactional — that’s the cherry on top. Two years in, and very pleased. Highly recommended for any entrepreneur navigating early-stage finances!Posted on AYOADE FISHER ADEDIRANTrustindex verifies that the original source of the review is Google. Baraka has been my accountant for over two years now, and I can confidently say she is exceptional at what she does. She is thorough, detail-oriented, and highly knowledgeable in her field. Her ability to break down complex financial matters and offer clear, practical advice has been invaluable to me. What sets Baraka apart is her professionalism and consistency. She never misses a deadline, and I always feel reassured knowing that my finances are in safe hands. Her integrity and work ethic are unmatched, and she genuinely cares about the success and compliance of her clients. I highly recommend Baraka to anyone looking for a reliable, sound, and meticulous accountant. Working with her has been one of the best decisions I’ve made for my financial management.Posted on Colin KasambiraTrustindex verifies that the original source of the review is Google. Very professional, efficient and courteous Very professional, efficient and courteous. I have been using BM Accountancy services for some time now and they have never let me down especially when it comes to the filing of my tax returns where they have saved me many hours of stress and frustration! if you are looking for reliable and trustworthy accountants, I highly recommend BM Accountancy & Advisory Limited.Verified by TrustindexTrustindex verified badge is the Universal Symbol of Trust. Only the greatest companies can get the verified badge who has a review score above 4.5, based on customer reviews over the past 12 months. Read more
We understand not every business is the same, which is why we tailor our services to suit you.
Starting a business? We take the stress out of setting up. From company formation and structure advice to registering with Companies House and HMRC, we'll guide you every step of the way.
Accurate, up-to-date bookkeeping is the foundation of great decision-making. We handle your day-to-day records so you can focus on growing your business.
At BM Accountancy & Advisory, we take the pressure off when it comes to tax returns and year-end accounts. Whether you’re a sole trader, director, landlord, or running a limited company, we make sure everything is accurate, submitted on time, and fully compliant.
We support businesses with VAT registration and ongoing monthly or quarterly returns - keeping your business compliant and penalty-free.
Let us handle your annual Confirmation Statement, so you stay up to date with Companies House without lifting a finger
From payslips and RTI submissions to PAYE and pension contributions, we offer a full payroll service tailored to your team size
If you're closing your business, we'll manage the company striking-off process professionally and with care - ensuring all legal and tax obligations are met.
Need to restore a previously dissolved company? We'll handle the paperwork, coordinate with Companies House, and guide you through the entire process.
We go beyond the numbers - offering tailored advice to help you grow, reduce costs, and plan confidently for the future.
Running a small business comes with enough challenges—your accounting shouldn’t be one of them. Yet, many business owners unknowingly make financial missteps that can affect

Welcome to WordPress. This is your first post. Edit or delete it, then start writing!
© 2025 BM Accountancy & Advisory. Lovingly built by Highfi Tech