What industries don't you serve?

We don't offer Monthly Bookkeeping to the following:

If a business operates in any of these we don't onboard it for Monthly Bookkeeping, and we end the service if we find out later:

 Adult entertainment, pornography, escort, and adult dating services.

 Gambling and betting, including casino gaming, lotteries, fantasy sports, and sweepstakes.

 Cannabis and CBD where sale is restricted, controlled drugs, and drug paraphernalia.

 Weapons, firearms, ammunition, explosives, and military equipment.

 Unlicensed or unregistered financial services: crypto exchanges and brokers, money service businesses, money transmission, cheque cashing, bureaux de change, and unregulated collective investment schemes.

 High-cost short-term credit: payday lending, logbook loans, and unregulated debt collection or debt advice.

 Multi-level marketing, pyramid, matrix, and Ponzi schemes, and get-rich-quick programmes.

 Counterfeit goods, copyright and DRM circumvention, and spam or bulk-messaging tools.

 Shell entities with no business operations, and businesses whose purpose is to hold assets for others.

 Any business, or any owner, director, or person with significant control, on a sanctions list.

We may offer Monthly Bookkeeping to the following:

The following industries aren't refused for Monthly Bookkeeping, but they don't pass the screen automatically:

 Precious metals, stones, art, and antiquities dealers, which can fall under the Money Laundering Regulations 2017.

 Trust or company service providers, and estate or letting agency businesses, for the same reason.

 Tobacco, vaping, and nicotine sold remotely, and alcohol sellers, where we check they hold the licences they need.

 Cash-intensive businesses where most cash sales aren't deposited in a bank.

 Businesses controlled from a country on the UK's high-risk third country list.

We don't offer Monthly Bookkeeping to:

 Registered charities, charitable incorporated orgs, and anything else that must prepare its accounts under the Charities SORP. Charities can still use our payroll on the same plans as anyone else.

These are often assumed to be in the same group, and we do serve them:

 Community interest companies. A CIC is a company and files ordinary company accounts at Companies House, with a CIC34 report alongside them. No fund accounting.

 Unincorporated clubs and associations that aren't registered charities, including community amateur sports clubs. They keep ordinary books.

Verification

Before Monthly Bookkeeping starts:

1. We verify your business and the people who own or control it.
2. Your authorised person signs a declaration that the business doesn't operate in any of the industries above.
3. Where a sector needs extra checks we do those first.

When we stop: We may refuse to start, or stop later, if a check fails or the declaration turns out to be wrong. We may also stop if you stop giving us what a check needs.

Why we check: These checks are for our own credit, fraud, and sanctions risk, and to hold you to your declaration. They aren't customer due diligence under the Money Laundering Regulations 2017, and we don't carry them out as a supervised business. Sanctions screening is the exception, because that duty applies to us wherever our clients are.

Why not charities: Charity accounts run on restricted, unrestricted, and endowment funds. They report through a statement of financial activities rather than a profit and loss account, and need a trustees' annual report. Above the statutory income thresholds they also need an independent examination or an audit. We don't do fund accounting and we aren't examiners or auditors, so it's about what we do rather than anything about your business.

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