Bookkeeping, VAT (including cross-border services), freelancer and crew payments, and accounts preparation for digital agencies, production companies, and creative studios. AAT Licensed Practice. Tier 3 and Tier 4 services.
Digital media, advertising, and film production businesses run on projects, not products. Revenue is invoiced against milestones, costs land in lumps - talent, location, post-production - and clients pay on their own schedule. A monthly close built for a B2B services model produces management accounts that do not reflect what each project actually cost or made.
S.K.E. Accountancy works with media and production businesses on the bookkeeping, VAT, payroll, and accounts preparation that respects project economics. The practice has direct prior experience in the digital media and production sector and treats job-level cost tracking as routine.
Working as an AAT Licensed Practice means we stay strictly inside the services we are licensed to provide. Creative Industry Tax Relief (CITR) claims, R&D claims, and corporation tax computations are tax services outside our current licence - we will refer you to an appropriately licensed firm and provide the financial substrate the claim sits on.
Bookkeeping structured at project level - labour, freelancers, materials, and external costs all coded to the right job. Per-project profitability visible in the same ledger that produces VAT and statutory accounts.
Crew, performers, voiceover talent, and freelance creatives paid correctly. Where engagement constitutes employment for tax purposes, payroll runs. Where genuinely self-employed, invoicing and VAT are handled at point of payment.
VAT treatment of B2B and B2C services across borders - reverse charge, place of supply, and EU/non-EU rules applied at the point of invoicing, not corrected at year-end.
Work-in-progress tracked per production, with budget vs actual visible weekly. Overruns spotted while there is still time to act, not at year-end when the damage is locked in.
International talent, overseas filming, and foreign-currency invoicing handled with the right currency treatment in the ledger. Year-end foreign exchange position is reconciled, not estimated.
Where productions are run through SPVs (special-purpose vehicles), each SPV’s bookkeeping and statutory accounts are prepared separately, ready for the parent’s consolidation and the tax adviser’s CITR claim.
One AAT Licensed Practice covers the bookkeeping, VAT, payroll, and accounts preparation that a digital media, advertising and film business needs day to day - without straying outside our licence.
Whether you are an advertising agency, a digital production studio, a film or television production company, an animation studio, or a small independent producer running productions through SPVs, the bookkeeping and accounts disciplines align - project economics, freelancer payments, and statutory accounts at year-end.
Not currently. CITR sits within corporation tax, which is a Tier 2 service outside our AAT licence. What we do is maintain qualifying expenditure records, project bookkeeping, and SPV statutory accounts in a form that your CITR-specialist tax adviser can use to prepare the claim.
We recognise revenue against milestones, deliverables, or percentage of completion as appropriate - documented per your client engagement so the basis is defensible. Management accounts reflect work delivered, not just cash collected, which matters for project businesses billing in advance or arrears.
We apply the standard HMRC employment-status tests case by case (control, substitution, mutuality of obligation, equipment, integration). Genuine self-employment is treated as invoicing; where the tests point to employment, payroll runs. The off-payroll regime adds further considerations for PSC engagements.
Yes. Cloud accounting platforms handle multi-currency natively, and we reconcile the forex position at month-end so the year-end accounts are clean. Cross-border VAT is treated correctly at point of invoicing.
Yes. We obtain professional clearance, take over project ledgers and SPV records, and pick up VAT and management accounts from the next period.
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Book a free 30-minute discovery call. We will review your project accounting and VAT position and give you a fixed monthly fee.
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