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HR Masterclass - contracts of employment (28 Feb 2017)

February 2017
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MyLB Features

Xero cloud based accounting and bookkeeping

Management information and KPIs at your fingertips

Local, face to face business support

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Different because you are

Our approach to your business is grounded in our belief that partnership and collaboration are key. Your business is different so we need to be different to give you the best possible service. When you request a quote we will get in touch with you to discuss your distinct business requirements and design a unique package for you and your business.
There are a number of core values common across our service range which distinguish MyLB from the marketplace. These include:

  • Innovative cloud based functionality in partnership with Xero
  • Focussed KPIs to help you run your business more effectively
  • An advisory led approach with local face to face meetings as standard


MyLB embraces cutting edge advances in bookkeeping functionality and pairs this provision with a locally delivered advisory service. We recognise that modern businesses demand financial information at their fingertips but this must be underpinned by specialist financial advice. This is why we created MyLB, innovative delivery with accessible support.


Xero cloud based accounting and bookkeeping

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Management information and KPIs at your fingertips

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Local, face to face business support

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Ready for a quote

Read on to hear more about MyLB features or get in touch and let us design your bespoke accounting package.

Cloud based accounting and bookkeeping

Xero lead the UK Cloud Accounting market and it is easy to see why. The functionality and ease of use means that you will feel connected with your information and confident in the technology from the start.
MyLB partners with Xero to provide innovative functionality across our range. As standard, we will undertake bookkeeping services including invoice and receipt processing, bank reconciliations and filing of quarterly VAT returns. You may wish to take ownership of sales invoicing and credit control, we partner with you to develop the solution for you.

You will be able to log into your Xero Business Dashboard to monitor your day to day finances. Xero also offers a smartphone and smartwatch app, all included as standard across our range. Your information is backed up in the cloud so no software installations and your Xero subscription is included in your MyLB monthly fee.

MyLB Pricing

Our pricing packages are responsive and flexible to your needs. Explore our three packages to find your MyLB package.

Management Information and KPIs at your fingertips

We understand that all businesses are different and will have different requirements around financial data. Whether you need KPIs in real time or occasionally suffer from information overload, we have the solution for you. You will have peace of mind that our team is maintaining your bookkeeping behind the scenes as we provide information in a manner which is convenient to you.

Our Compliance+ service provides access to key financial data via your Xero online dashboard and smartphone app. Take it up a level to our Proactive service and you will benefit from quarterly KPIs driven by Crunchboards, a market leader in the delivery of business trend data. For a truly integrated service opt for Virtual FD where your Lovewell Blake accountant becomes part of your team with the provision of monthly Crunchboard KPI reports and detailed interpretation and commentary from your advisor.

MyLB FAQs

Not sure if MyLB is right for you? Check out our FAQ page for frequently asked questions. If you're still unsure, please get in touch.

Underpinned by advice

Automated processes, online access and real time reporting are fantastic advances in the technological aspect of accounting and bookkeeping. As you have seen, MyLB utilises Xero and associated applications for truly innovative delivery. However, the expertise, knowledge and experience of a locally based firm of chartered accountants cannot be replaced with technology. This is why each of our MyLB service offerings includes face to face meetings with your local accountant in one of our local offices.

Lovewell Blake have built up a reputation for quality advice and a loyal client base over 150 years of working with local companies in Norfolk and Suffolk. Our Partners and Managers have vast experience of working with local businesses and bring all of this knowledge and expertise to our MyLB service offering. Whether it be your regular meetings at our local office or ad hoc telephone or email support as you need it, we will always be here to advise and support.

Not sure what you need?

Each MyLB package is designed around you. Get in touch to arrange a free, no obligation meeting to discuss your unique requirements.

Complete Service Offering

MyLB is a complete service offering designed to deliver complementary services working in partnership with you and your business team. In addition to the key differentiators set out above, the MyLB packages also include compliance services as standard:

  • End of year company accounts, prepared by your local Lovewell Blake accountant, discussed and agreed with you and submitted to Companies House. We will monitor filing deadlines to ensure that you never miss another deadline.
  • End of year company tax return prepared with your end of year accounts and submitted to HMRC electronically. We will advise you of any taxes falling due and ensure required payments are made within the appropriate deadline.
  • We can host your company’s registered office at our premises and take care of all filing deadlines and any reminders. We will also file the company Annual Return each year.
  • Also included is our outsourced payroll bureau. We will work with you to design a deliverable schedule for each pay run and calculate deductions and net pay each month. We issue payslips or manage your dedicated online portal and naturally take care of all RTI and year end filing requirements.
  • Directors are required to file a self-assessment tax return each year. We will prepare this on your behalf, agree the content with you, file the return online and advise you of any tax due. Your MyLB package can be tailored to allow for all company Directors as required.

Not sure what you need?

Each MyLB package is designed around you. Get in touch to arrange a free no obligation meeting to discuss your unique requirements.