PARKVIEW SOLICITORS LTD
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PARKVIEW SOLICITORS LTD
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CLIENT PROFILE
Parkview Solicitors Ltd — a multi‑office legal practice regulated by the Solicitors Regulation Authority (SRA) — engaged MMBA to provide integrated compliance, tax, payroll, and strategic growth support during a period of expansion.
SCOPE OF ENGAGEMENT
- Preparation of statutory LLP accounts
- Review & filing of quarterly VAT returns
- Payroll & pensions: monthly processing, holiday pay, NMW compliance, pension auto‑enrolment advice
- Shareholders’ Self‑Assessment tax returns; dividend & income withdrawal planning
- Corporation tax planning: capital allowances, future capex strategy, director drawings optimisation
- SRA reporting in line with Solicitors’ Accounts Rules
- Expansion support for new Manchester & Burnley offices — accounting system setup, profitability tracking, market research, 2‑year forecasts, budgeting
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ACTIONS & SOLUTIONS DELIVERED
| FOCUS AREA | MMBA ACTIONS | EFFECT |
| Compliance & Governance | Prepared accounts, VAT returns, SRA reports; ensured HMRC & regulatory compliance | Accuracy, governance, risk control |
| Payroll & Pensions | Managed payroll, NMW checks, holiday pay, pension compliance | Timeliness, reliability |
| Tax & Drawings Planning | Structured director drawings to clear overdrawn DLA; maximised AIA & planned for future capex | Cost optimisation, innovation |
| Expansion Advisory | Implemented office level accounting systems; created profitability controls; provided market analysis & 2 year projections | Strategic insight, growth support |
| Shareholder Planning | Designed tax efficient dividend and income withdrawal strategy | Board level decision support |
IMPACT
- 100% compliance on SRA and HMRC requirements across all offices
- Eliminated overdrawn Director’s Loan Account through tax‑efficient drawings plan
- Delivered on‑time, accurate payroll with full statutory compliance
- Enabled granular profitability tracking for each location
- Produced forecasts and budgets enabling smooth, confident expansion
- Secured capital allowance claims on qualifying expansion assets
WHY IT MATTERS
This engagement shows MMBA’s ability to:
- Support regulated law firms through compliance, payroll, and advisory services
- Manage multi‑site expansion with robust controls and forecasting
- Deliver proactive tax planning that strengthens cash flow and governance
- Provide board‑level insight for growth and operational decisions
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