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Technology & Digital

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Chartered Certified Accountants

SPECIALIST
TECHNOLOGY
ACCOUNTANTS

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Based near London’s Silicon Roundabout, Prysm Financial support tech entrepreneurs to startup, scale, fund and ultimately exit.

Our clients include a diverse range of tech businesses from early stage, leading global brands, venture capital backed to listed companies including software developers, hardware manufacturers, digital production agencies, gaming, apps, social media and fintech.

✔ Save up to 50% on bookkeeping and accountancy costs,
✔ Digitally enhanced finance function,
✔ Full accounting, payroll and tax services,
✔ Free up time and frustration,
✔ Dedicated finance partners,
✔ Grow with confidence.

03/27/2024
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Property & Real Estate

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Chartered Certified Accountants

SPECIALIST
PROPERTY
ACCOUNTANTS

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From buy-to-let landlords to large property groups, our specialist property accountants and property tax advisers can help you keep one step ahead of constant tax changes, including the recent removal of mortgage interest relief.

We act for a range of property portfolios including buy-to-let landlords with 5+ properties, HMOs, property investors, developers, construction firms, housing associations and related businesses such as chartered surveyors, architects, consulting engineers and estate agents.

✔ Save up to 50% on bookkeeping and accountancy costs,
✔ Digitally enhanced finance function,
✔ Full accounting, payroll and tax services,
✔ Free up time and frustration,
✔ Dedicated finance partners,
✔ Grow with confidence.

03/27/2024
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Creative and Media

By

Chartered Certified Accountants

SPECIALIST
CREATIVE & MEDIA
ACCOUNTANTS

With over 30 years of combined experience, our digitally-enhanced finance function provides entrepreneurs with financial clarity and specialist advice to navigate past obstacles, identify opportunities and grow with confidence.

Our specialist knowledge supports a range of businesses in the creative and media sector, including architects, photographers, artists and art galleries, film, advertising and creative agencies, digital marketing agencies and printers.

✔ Save up to 50% on bookkeeping and accountancy costs,
✔ Digitally enhanced finance function,
✔ Full accounting, payroll and tax services,
✔ Free up time and frustration,
✔ Dedicated finance partners,
✔ Grow with confidence.

03/27/2024
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Specialist Food & Drink Acccountants

By

Chartered Certified Accountants

SETTING UP IN THE UK?

We have over two decades of experience in successfully assisting overseas companies setup and run their business in the UK.

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1. DOES YOUR ACCOUNTANT SHARE YOUR VISION?

We support entrepreneurs achieve their business goals through digitally-enhanced accountancy, tax and advisory services.

Whether you are looking to raise finance, expand in the UK, grow internationally, restructure or exit, if you’re our client, your goals become our goals and we throw everything we have at helping you achieve them.

2. DO YOU GET UP-TO-DATE AND RELIABLE FINANCIAL INFORMATION?

Most high street accountants provide a simple bookkeeping function to ensure you statutory obligations are being met.

We combine award winning accountancy services with game-changing technology such as Xero, you provide you with you with real-time financial information so you can capitalise on opportunities, plan better and reach your goals faster.

3. HOW OFTEN DO YOU SPEAK TO YOUR ACCOUNTANT?

Communication is key. Especially when it comes to overcoming your business challenges.

We meet regularly with our clients to discuss management accounts, growth plans, operational and commercial issues.

4. AS YOUR BUSINESS GROWS, SECTOR EXPERIENCE BECOMES MORE IMPORTANT.

Many businesses start with a general high street accountant, but after a few years, their lack of specialist industry or technical knowledge may begin to hold your business back.

We have built up significant expertise within key sectors that goes above and beyond routine accounting and tax services .

Trusted by some of the UK's leading SMEs

From start-up’s to global businesses, here just a small but representative selection of our clients:

As well as providing a full-range of accountancy services, we are highly regarded for our sector focus – Hospitality, Retail, Creative and Media, Technology and Property.

Why partner with
Prysm Financial?

SAVE UP TO 50% ON BOOKKEEPING COSTS

Our best-in-class transaction processing technology does the legwork with 99.99% accuracy so you’re not paying over-the-odds for data entry and bookkeeping.

DAILY TRANSACTION PROCESSING

We process transaction daily to quickly identify upcoming obstacles and provide robust and accurate management reports soon after the month end.

DEDICATED BOOKKEEPER

Bookkeepers chase down missing invoices, process transactions, manage queries, liaise with suppliers and manage your finance mailbox.

REDUCE TIME AND FRUSTRATION

Spend less time chasing old invoices and checking for errors.

AFFORDABLE

Our unique digitally-enhanced finance function allows us to provide a comprehensive range accounting, VAT, payroll and tax services
at a fraction of the cost compared with traditional accountancy firms.

GROW WITH CONFIDENCE

We provide timely, accurate and clear management reports
with hospitality specific KPIs.

NATIONAL COVERAGE

With a HQ in London, we support entrepreneurs in London
and throughout the UK.

Introductory Meeting

To arrange an introductory meeting, or for a quote, please complete the below form.

Trending

Our specialist teams offer expert insight into the most topical issues affecting businesses and individuals right now.

Filter

How Apron helps Prysm Financial manage £2 million of monthly client payments with less risk

3 min

HMRC reminds restaurants and takeaways of VAT obligations on hot food

2 min

HMRC prompts UK residents with a financial connection to India to disclose under the WDF

4 min

What is Non-Dom and How Does it Work?

3 min

National Insurance Rates Rising: April 2022

2 min
01/07/2024
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Specialist Restaurant and Hospitality Accountants

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SPECIALIST RESTAURANT & HOSPITALITY ACCOUNTANTS

Chartered Certified Accountants with over 30 years of combined experience.

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Leading accountants to restaurants, bars and hotels.

With over 30 years of combined experience, our digitally-enhanced finance function provides restaurant and hospitality entrepreneurs with financial clarity and specialist advice to navigate past obstacles, identify opportunities and
grow with confidence.

✔ Save up to 50% on bookkeeping and accountancy costs,
✔ Digitally enhanced finance function,
✔ Full accounting, payroll and tax services,
✔ Free up time and frustration,
✔ Dedicated finance partners,
✔ Grow with confidence.

A full menu of accountancy services for restaurants, bars and hotels

We’ve streamlined clunky processes to provide a full accounting function to restaurants, bars and hotels at a fraction of the cost compared to traditional accountancy firms.

STARTERS

AUTOMATED PURCHASE INVOICE CAPTURE

Automated purchase invoice collection and AI based data extraction with 99.99% accuracy.

REAL TIME TRANSACTION PROCESSING

Bookkeeper who chases down missing invoices, process transactions and manage your finance mailbox.

PURCHASE LEDGER MANAGEMENT

Including creditors report and supplier payment run.

MANAGED PAYROLL

Full payroll management with digital payslips, including pension and tronc.

MAINS

CASH FLOW ANALYSIS

FLASH REPORTS

Weekly flash reports to keep track of sales, spend and margins.

MONTH END RECONCILIATIONS

Full month end reconciliations including sales, cash/card, petty cash, bank and supplier.

MANAGEMENT REPORTS

Robust, accurate and clear management reports with forecasts and cash flow projections delivered soon after the month end.

VAT COMPLIANCE

Accurate and filed on time.

DESSERT

SECTOR SPECIFIC TAX ADVICE

Including capital allowances, super allowances and R&D tax relief.

SERVICE CHARGE AND TRONC

Specialist advice on the upcoming Employment (Allocation of Tips) Act 2023

YEAR END ACCOUNTS

Annual financial statements, statutory accounts and corporation tax, and confirmation statements.

We provide Financial Clarity
with FD level support.

Robust, accurate and clear management reports with forecasts and budgets to navigate past obstacles, identify opportunities and grow with confidence.

Financial Clarity

Financial Clarity

Financial Clarity

Financial Clarity

Financial Clarity

Financial Clarity

Trusted by some of the London's leading restaurants, bars and hotels

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client
client
client
client
client
client
client

Dom Fernando

"As a operator that has previously received arduous bookkeeping and accountancy services, Prysm Financial have not only streamlined our day-to-day finances, but also provide valuable insight into the financial performance of Paradise."

Budgie Montoya

"Bhimal, Tahir and the wider team are an incredible resource for restaurants. It’s not just a basic accounting service – they bring valuable advice, and genuinely care about the success and growth of Apoy."

Why partner with Prysm Financial?

Save upto 50% on bookkeeping costs

Our best-in-class transaction processing technology does the legwork with 99.99% accuracy so you’re not paying over-the-odds for data entry and bookkeeping.

Daily transaction processing

We process transaction daily to quickly identify upcoming obstacles and provide robust and accurate management reports soon after the month end.

Dedicated bookkeeper

Bookkeepers chase down missing invoices, process transactions, manage queries, liaise with suppliers and manage your finance mailbox.

Reduce time and fustration

Spend less time chasing old invoices and checking for errors.

Affordable

Our unique digitally-enhanced finance function allows us to provide a comprehensive range accounting, VAT, payroll and tax services
at a fraction of the cost compared with traditional accountancy firms.

Grow with confidence

We provide timely, accurate and clear management reports with sector specific KPIs.

National coverage

With a HQ in London, we support entrepreneurs in London
and throughout the UK.

Introductory Meeting

To arrange an introductory meeting,
or for a quote, please complete the below form.





    Why partner with Prysm Financial?

    ✔ Specialist restaurant and hospitality accountants
    ✔ Chartered Certified Accountants
    ✔ Full service – bookkeeping, accounting, payroll and tax,
    ✔ Free up time and frustration,
    ✔ Dedicated finance partners,
    ✔ Grow with confidence,
    ✔ Powered by Xero.

    HOSPITALITY
    ENTREPRENEURS
    CLUB

    Our commitment to the sector is further supported by the Hospitality Entrepreneurs Club — a quarterly roundtable that brings together a cross-section of leading restaurant owners and industry experts to share ideas, exchange views, discuss current challenges, and do some all-important networking.

    The last event, hosted over lunch in June 2024 at the historic Bleeding Heart restaurant in Farringdon, guest speakers and industry experts will recap on the first half of 2024 and discuss the key trends, opportunities and challenges shaping the sector in 2024.

    Trending

    Our specialist teams offer expert insight into the most topical issues affecting businesses and individuals right now.

    Filter

    How Apron helps Prysm Financial manage £2 million of monthly client payments with less risk

    3 min

    HMRC reminds restaurants and takeaways of VAT obligations on hot food

    2 min

    HMRC prompts UK residents with a financial connection to India to disclose under the WDF

    4 min

    What is Non-Dom and How Does it Work?

    3 min

    National Insurance Rates Rising: April 2022

    2 min

    Super-Deduction – What is it and how does it work?

    3 min

    HMRC issue nudge letters to crypto investors

    2 min

    DPNI scheme for employers based overseas

    2 min
    01/06/2024
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