• Ready to
    Make Tax Digital?
    All companies who are registered for VAT will have
    to submit their returns from April 2019 digitally.
    To do this a company will need MTD compliant software.
  • Numbers illuminate
    great ideas
    Entrepreneurs are full of new ideas. We’ll make sure you
    have the right numbers at your fingertips, so that your
    most commercial opportunities shine.
  • Are you a start up
    looking for financial help?
    Right now, your time and energy is tested to the max.
    We’ll provide straightforward financial support,
    so that you take off in the right direction.

Spencer Accounting Services Ltd is a plain speaking accounting consultancy based in Gloucester and Cheltenham. We help small businesses with all their financial affairs including accounts, tax planning and filing of statutory returns as well as helping with general business strategy.

Our professional expertise can help limited companies, partnerships, sole traders and property investors by providing an efficient, friendly accounting service.

We can:
  • release management time
  • give peace of mind that financial matters are in safe hands
  • improve profitability
  • provide a base for future business development

Our services are totally confidential and cost effective.

Online Accounting

Online accounting is easy with Spencer Accounting Services.

We are an accredited supplier with Xero, who are the market leaders in online accounting.

We can assist you in setting up Xero, either as a new start up or transferring across from another software provider.

There are numerous benefits of using online accounting including bank-grade security, ease of use, seamless payroll integration, available anywhere when you are online and real time collaboration.


All businesses need to produce accounts, to measure profitability, to assess their net worth and comply with legislation.

We can produce annual statutory accounts and file them at Companies House.

We can also set up budgets and produce monthly management accounts if required, which will help your business know exactly how it is performing. Our online accounting partner, Xero, will help facilitate this.


Tax can be a very daunting subject, as it is often complicated.

We are an accredited supplier with Xero, who are the market leaders in online accounting.

We have the knowledge to make it simple as possible for you by offering a service that will give you peace of mind that your tax affairs are being dealt with in an efficient, accurate, cost effective manner.

We offer:
  • Tax planning
  • Production of personal income tax
  • Production of VAT returns
  • Production of corporation tax returns for SMEs

Start Ups

We have first hand knowledge of start ups as we have been involved in the running of a number of small businesses.

We are there to advise you and guide you in the right direction to make sure that you get your new business up and running without any nasty surprises.

We can help you set up the structure for your new business in the most tax efficient manner as well as installing an online accounting system that is easy to operate.

Financial Direction

Often small businesses lack a financial director, but can benefit from a part time expert who can make a significant difference to the future profitability of the business.

We can offer a part time financial director who will assist with:

  • Helping directors focus on strategy and planning for the business
  • Company reorganisation, including cost reduction programmes
  • Managing growth
  • Liaison with banks and other financial advisers
  • Alternative methods of lending including peer to peer and pension led funding; we are brokers for a leading peer to peer lender and can help you access funding in less than two weeks
  • Business plan preparation
  • Business start ups

Utilising online accounting we can act as your flexible virtual Finance Director at a fraction of the cost of a full time professional.

Meet the team

Colin Spencer

Colin Spencer

Colin is a Chartered Global Management Accountant and is registered as a CIMA Member in Practice, enabling him to sign off statutory accounts.

Colin has held a number of senior financial positions during his career in a variety of sectors including marketing services and computer software.

Colin enjoys all sport, especially cricket, national hunt horse racing and rugby union and plays golf off a handicap of 15, which is never enough!

Janet Spencer

Janet Spencer

Janet has many years experience of providing accounting services in supervisory positions, for a variety of companies in different industries. She is also a qualified credit controller.

Janet enjoys overseeing her buy to let portfolio, DIY, sewing and retail therapy.


Colin substantially helped Brash throughout our constant period of growth over the last twelve months. He brought in real sensibility and supported the business with the introduction of thorough financial measures, analysis and reporting. This was integral to inform important decisions with our global expansion across London, Hong Kong and the MENA region acting as temporary Group Financial Director. We can't recommend Colin highly enough – acres of common sense, financial know how with an entrepreneurial spirit.

Zak McKinven

General Manager, Brash Brands Dubai.

I worked closely and intensively with Colin to set up the London office of an international branding agency. As well as performing the role of part time Finance Director very efficiently, he proved to be an excellent sounding board, tapping into his vast experience to offer instructive, common sense advice. I would not hesitate to recommend him to any business.

James Withey

Managing Director, Brash Brands London.

Colin acts as our part time Finance Director. He helped put together a financial five year plan including P & L, balance sheet and cashflow forecasts to enable loans to be granted from both traditional (bank) and alternative (pension led) funding, to enable me to buy an existing business. Once the business was purchased he has set up a cloud based accounting system and works closely with me to monitor the figures and help move the company forward.

Adam Newman

Managing Director, Newmans Day Nurseries Ltd.

As a small business, sorting out tax is a real headache for me. You've saved me time AND money – thank you !

David Dare

David Dare Photography, Sole Trader.

Spencer Accounting has given us the guidance to grow as a small business and has certainly helped us to save time and money within the minefield of tax returns. We would recommend this service to anyone who is thinking of starting or progressing in the business world.

Tracie Griffiths

Partner, Stoves.

Spencer Accounting Services helped me set up my limited company allowing to put my accounts in their safe hands. Everything has been explained clearly to me and I am very grateful to benefit from their experience.

Stuart Davison

Managing Director, stu-art design.

Case Studies

Here are some case studies to demonstrate how Spencer Accounting Services has helped businesses by providing a first class service to assist in their development and growth.

Contact Us

By sending us a message using this form you consent to Spencer Accounting replying to you for the purposes of addressing its content via email, and by phone if you've provided one.

27 Little Normans, Longlevens, Gloucester GL2 0EH
01452 537599 / 07771 874022

105-107 Bath Road, Cheltenham, Gloucestershire, GL53 7LE
01242 633100 / 07771 874022


© 2019 Spencer Accounting. All right reserved. Company Reg No. 4834171. CIMA members are trusted professionals. As a CIMA member working in practice Colin Spencer is bound by its Charter, Byelaws and Regulations, a Code of Ethics, maintaining competency through continued professional development and are supervised for anti-money laundering compliance.

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