Running your own restaurant is a big commitment. You will be working unsocial hours and most of your overheads don't stop when the restaurant is closed. You need time to think, time to plan, and time to talk to your clientele.
Paperchase Accountancy can help give you the time you need by looking after the most important of your non-core activities. These are dealing with your accounts, running the payroll, collating invoices and paying suppliers, completing the VAT return, reconciling cash and bank balances etc.
Here at Paperchase Accountancy, we understand restaurants, having been firmly established within the industry with more than 25 years of experience; it is no surprise that our top clients hold 14 Michelin stars between them. Having dealt with some of London's top restaurants, we have developed systems that provide you with all the information you are ever likely to need about the performance of your restaurant, enabling you to be in a position to make informed decisions. This is why many restaurants, from new enterprises to top London establishments, have chosen us.
If you are going to entrust an important part of your business to us, you will want to know who we are and how we work; Paperchase Accountancy was started as a family business in the 1980s by 3 brothers, Aku (FCCA), Hitesh (MBA) and Minesh Patel. They initially provided conventional bookkeeping services, mostly to restaurants. Specific systems and reports were then developed and because these were ground breaking in the detailed information they provided, the business expanded, thereafter Sandeep Gupta (ACCA) and Ravi Rene joined as directors recently followed by Shaikhu Khan (MBA).
Currently we serve more than 75 restaurant clients supported by our staff of 40 in the UK over 100 in India. Our experts include accountants with formal qualifications with over 8 years experience in the restaurant business. We have our own consultant, Steve Wright, a Chartered Accountant who advises the Board and is well known in the hospitality industry, having previously advised the Restaurant Association in its negotiations with HMRC on tronc issues.