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COVID-19 - an update

March 2020
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COVID-19 - an update

March 2020
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MyLB Features

Bookkeeping and accounting software from Xero

Document scanning and posting from Receipt Bank

Advice, support and compliance from Lovewell Blake

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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
  • Streamlined document storage and processing from Receipt Bank
  • 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.

Outsourcing your accounts

There are a variety of accounts-based tasks that Lovewell Blake can take on for you, freeing up your time to run your business

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Making Tax Digital

Taking advantage of the MyLB service is a great way to get ahead of your Making Tax Digital (MTD) obligations.

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Start-ups and small business

Are you just starting out in business and not sure you need a full package? We have other options available.

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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.

Everything you need to manage your business finances

Our core MyLB package provides you with everything you need to manage your business finances efficiently and effectively
Each and every MyLB package includes the following products and services as standard:
  • A fully inclusive subscription to Xero's bookkeeping software
  • Subscription to Receipt Bank software and smartphone app
  • Expert Xero support from our team of specialists
  • Preparation of your end of year accounts
  • Preparation of your business year end tax return
  • Annual meeting with your local Lovewell Blake Partner or Manager

Free your time

MyLB helps you free up your time for the things that matter most, whether that is time with your family, keeping fit or even a new hobby. We help you get work done when it needs to be done.

Flexibility to add extra services to suit your needs

In addition to the standard package, MyLB has a number of complementary services available to meet the needs of your business. Below are just a few of the services that our clients have added to their package in the past:

Payroll outsourcing
Company secretarial services
Hosting of your registered office
Production of partner/director personal tax returns
Lovewell Blake's Tax Investigation Cover
Financial planning and pensions advice


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.

Making the best use of the available technology

The cornerstone of MyLB is the innovative technology of Xero and Receipt Bank working in harmony with an advisory led approach from Lovewell Blake. This combination of service at an affordable monthly price is perfect for SME's looking to modernise their finances. MyLB is also our solution of choice for Making Tax Digital (MTD). If you are affected by MTD get in touch to discuss a move to Xero and MyLB so you are compliant before the deadline.
If you require more detailed assistance, are a larger business or just want complete peace of mind we offer a full suite of outsourcing services. We will take charge of all the administration of your bookkeeping and invoicing leaving you free to concentrate on running your business and enjoying your life.

As we use Xero across all of our outsourcing work you will still have access to your business performance measures in real time but can let us deal with all the administration. If you would like to upgrade from MyLB to a fully outsourced finance function please get in touch.

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.