ACCOUNTANTS
FOR AGENCIES &
THE FREELANCERS
WHO POWER THEM.

Accounting . Tax . Insight . Growth

Whether at launch or scale, you’ll want a team that lives and breathes accounting & tax so you don’t have to.

MORE TIME, LESS STRESS
TO EARN & KEEP MORE
REAL PROFIT INSIGHTS
TO MANAGE GROWTH
UNLIMITED SUPPORT

That’s where we come in:

WHO WE HELP

We speak agency.

We don't try to be everything to everyone. Instead we're laser focussed on working with clients in the UK digital, media & creative industries.

01

Freelancer

The copywriter, the developer, the strategist. Day rates, IR35, MTD, limited company setup. You power the agencies we work with and you deserve an accountant who gets your world too.

02

Studio

Branding, design, video, photography, content. The creative world has its own financial quirks. We know how studios are structured, how projects are priced and where tax opportunities sit.

03

Agency

Marketing, PR, SEO, paid media. If you sell expertise and time to other businesses, we understand your model. Retainers, project fees, team costs. We’ve see it all before.

Micro, small or scaling?
Chase out the humdrum.
Free up more time.
Pay less tax.

WHAT WE DO

Three packages.
No surprises.

PACKAGE 01

Brief*

Ideal for up to £100K turnover


 

All year end essentials, sorted. You keep on top of your own bookkeeping during the year and we’ll handle everything else for you.

What’s included?

Accounting:

– Xero or FreeAgent

– Director payroll

– Dedicated UK accountant

– Unlimited support

Year End:

– Company accounts

– Corporation tax return

– Confirmation statement

MOST POPULAR

Ignite*

Ideal for up to £500K turnover


 

Everything in Brief, plus we take the monthly bookkeeping and VAT completely off your hands. Leaving you free to focus on client work.

– Everything in Brief*

Plus you get:

Monthly bookkeeping

– VAT return filings

– Payroll

Optional add-ons:

+ Quarterly snapshots

+ Quarterly video updates

+ Upcoming tax estimates

+ Director loan updates

PACKAGE 03

Scale*

Ideal for up to £1M turnover


 

Everything in Ignite, plus monthly reporting and video walkthroughs so you always know exactly where your money is.

– Everything in Ignite*

Plus you get:

– Weekly bookkeeping

– Month end close

– Deferred income

– Monthly snapshots

– Monthly video updates

Optional add-ons:

+ Bespoke KPI tracking

+ Fractional FD meet-ups

In a nutshell – YES! We want you to think of us as part of your team, so all our clients receive our support by phone, video and email throughout the year. Any general ad-hoc query you have is likely to be answered by us without additional fees. However where we believe the additional support is outside of the standard scope (usually more than 20 mins), we would first speak with you and agree a quotation before we completed any investigative work, specialist support or tax advisory.

We’ve built our firm to work exclusively with Freelancers, Studios and Agencies operating through a micro, small or medium sized Limited Company – with a turnover range from £50k right up to £5m. 

We deliver our digital bookkeeping services via one of two methods.

1. Cash Accounting (Bank rec only)

2. Invoice Capture (Receipts & invoices)

Cash accounting is where we simply reconcile all your bookkeeping transactions as they enter/leave your bank account(s) and this is typically perfectly fine for micro-sized businesses and those who are not VAT registered.

For VAT registered and growing businesses (accruals basis) we provide a full digital invoice capture and expense management bookkeeping service in addition to all bank reconciliations. Our bookkeeping services are provided remotely accessing your Xero or FreeAgent software and are priced via a fixed fee always agreed upfront based on the expected volume of bank transactions, number of purchase invoices/receipts and frequency of updates – typically quarterly, monthly or weekly.

For our Ignite* and Scale* packages, we offer a PDF snapshot report sent by email to provide insight and show you how business is going during the year in the form of a profit & loss, balance sheet and tax estimates so you remain on-top of how things are going in-year as opposed to only after the year end.

Added to this, we can also provide our clients with a running commentary provided via a short Loom video alongside the report to provide a top-level walkthrough of the numbers, our findings and areas of positivity or concern. 

YES. Our packages are always agreed with you upfront and the fixed monthly price is set prior to us undertaking any work so you are fully aware of all costs and you’ll never receive a bill you were not expecting. Unless we are engaged in a one-off project or an area of work we simply cannot agree a fixed fee on from the start. 

We get it. Sometimes it just happens and life gets in the way meaning you need to make accounts and tax filings for earlier periods. We can help you get right back on track and up to date for a one-off fixed fee agreed up-front and then continue to work with you on your current period through a pay-monthly fixed fee package. We’re ready when you are.

Looking for more? If you’re growing fast and recognise the benefit of a dedicated financial controller and even the support of a fractional VFD, we can discuss your exact needs and build a level of service for an exact fit which we call your very own VIRTUAL FINANCE OFFICE, allowing us to support you through the exciting growth stage and provide strategic advice and board-level reporting via in-person meet-ups.

PRICING

As a guide our Brief package starts at £125 /monthly and Ignite at £225 /monthly and will increase with revenue and according to the volume and complexity of transactions and frequency of updates.

We’ll provide you with a transparent, all-inclusive and fixed fee price built to match your exact needs, during our discovery call.

/ BEYOND THE PACKAGES

myVirtual
Finance Office.

 

For agencies punching through £1M, you’ll need more. But a full-time finance team is expensive and inflexible. myVFO gives you the best of both worlds.

 

DISCOVER myVFO

Growth
& Projects
.

 

– Fractional FD

– SEIS/EIS assurance

– HMRC Tax valuation

– EMI support

– Tax credits

 

DISCOVERY CALL

 

Year End
Accounts & Tax.

 

Sometimes you just want a fast and compliant service to prepare and file your company year end accounts and tax return. Simply send us your paperwork and leave the rest to us.

 

DISCOVERY CALL

WHY CORNEL

Not your father's accountant.

We built Cornel because freelancers and agency founders deserve better than a generalist accountant who asks AI what B2B is.

01

We know your world

Media, B2B, retainers, IR35, scope creep, director dividends. We speak agency, so have built our firm around them.

02

100% online

No office visits. No posting paper receipts. No jargon. We’re as agile as you are, so everything happens in real-time.

03

Fixed fees, always

You’ll never get a surprise invoice from us. Every package is a fixed pay monthly fee always agreed up-front.

04

Proactive, not reactive

We don’t wait for you to ask. We flag opportunities, flag risks and stay one step ahead – working with and for, you.

Worried about switching?

Changing accountants really is easy. And best of all, you don't need to lift a finger. We'll handle the entire process for you so sit back and relax.

Who said that?