Terms and Conditions

As an Accountant we love rules and fairness. We don’t just offer the Best Prices.

Here you will find the terms and conditions for our services. We prioritize transparency and encourage you to read them carefully. If you have any questions, please feel free to reach out to us.

For procedures and policies relating to Anti-Money Laundering see https://faaccountancy.co.uk/anti-money-laundering-policies-procedures/

Friendly Assist Accountancy Ltd.
Company Number 16121429
71 Stanhope Way, Newcastle Upon Tyne, UK

Updated Terms of Business

Terms and Conditions

At Friendly Assist Accountancy Ltd we believe accounting should be clear, fair and supportive. These terms explain how we work with our clients and what both sides can expect.

These Terms of Business, together with your Letter of Engagement and our Anti Money Laundering policies, form the agreement between you and Friendly Assist Accountancy Ltd.

About Us

Friendly Assist Accountancy Ltd
Company Number 16121429

71 Stanhope Way
Newcastle Upon Tyne
United Kingdom

Friendly Assist Accountancy Ltd


Agreement

By signing the Letter of Engagement provided, you appoint Friendly Assist Accountancy Ltd as your accountants for the services listed in your Letter of Engagement.

This agreement becomes effective once we receive your signed Letter of Engagement and can only be changed through written agreement between both parties.


Monthly Retainer and Fees

Most of our services are provided through monthly retainers. This allows clients to spread the cost of annual accounts, tax returns and compliance work across the year instead of paying large upfront or one off fees near filing deadlines.

Your monthly retainer secures ongoing support and contributes towards the work and filings included within your agreed service package.

Your monthly fee depends on:
• the size of your business
• the services included
• the complexity of your records
• your compliance history

Our standard pricing can be viewed here:

Services and Pricing

All fees are exclusive of VAT unless stated otherwise.

Invoices are usually issued monthly unless otherwise agreed and are due upon receipt.

If additional work outside your agreed package is required, we will discuss any additional fees with you before proceeding where possible.

Examples of additional work may include:
• historic accounting work
• correcting incomplete bookkeeping
• urgent deadline work
• HMRC enquiries
• reconstruction of missing records
• additional advisory services


Payment Methods

Payments can be made through:
• bank transfer
• debit card
• credit card
• Apple Pay
• Google Pay
• payment links provided through SumUp

If payments become seriously overdue, we may temporarily pause work until the account is brought up to date.

For larger invoices we may offer instalment arrangements by agreement.


Client Responsibilities

You agree to:
• provide accurate and complete information
• provide requested records within reasonable timeframes
• approve accounts and tax returns before submission
• inform us about important business changes
• keep copies of your own business records

You remain legally responsible for the accuracy of information submitted to HMRC and Companies House.


Deadlines and Late Information

We work hard to meet all filing deadlines. To do this we require information from you in good time.

We cannot accept responsibility for penalties or late filing charges caused by delayed, incomplete or inaccurate information provided by the client.

If you join us shortly before a filing deadline, additional charges may apply due to urgent work requirements.


Confidentiality and Data Protection

We treat all client information confidentially and only share information where:
• authorised by you
• required by law
• required by regulatory bodies

We comply with UK data protection legislation.

For the purposes of data protection legislation, Steffen Kemmerzehl acts as Data Controller for client data supplied to us.


Anti Money Laundering Regulations

As a UK accountancy practice we are legally required to comply with Anti Money Laundering regulations.

We may request:
• photographic identification
• proof of address
• company ownership information
• additional verification documents where required

We may also be legally required to report suspicious activity to the relevant authorities without informing you.

Further information can be found here:

Anti Money Laundering Policies and Procedures


Limitation of Liability

Our liability is limited to the fees paid to us during the previous 12 months relating to the relevant service.

We are not responsible for:
• losses caused by inaccurate information supplied to us
• penalties caused by late information from the client
• issues relating to periods before becoming your accountant
• indirect or consequential losses

Nothing in these terms limits liability where such limitation is not permitted by law.


Termination

Either party may end the agreement at any time by providing written notice.

Any outstanding fees for work already completed remain payable.

We aim to make disengagements professional and straightforward and will cooperate with any new accountant once outstanding matters are settled.


Complaints

We aim to provide a friendly and professional service at all times.

General complaints:
faa.katrin@gmail.com

AML related concerns:
faa.steffen@gmail.com


Professional Indemnity Insurance

Professional Indemnity Insurance is provided by Trafalgar Risk Management Ltd, 51 Eastcheap, London, EC3M 1JP.


Governing Law

These terms are governed by the laws of England and Wales.


Updates to These Terms

We may occasionally update these terms to reflect legal or business changes. The latest version will always be available on our website.


Friendly Assist Accountancy Ltd
Version updated May 2026