Accountants for law firms — client account, accounts, tax and the annual report WhatsApp us hello@accountantsforsolicitors.co.uk
Accountants for Solicitors
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Law firms are all we do

A specialist accountancy practice for solicitors, LLPs, incorporated firms and chambers — with a deliberately clear split between the accounting work we do and the registered auditor who signs the report.

One profession, done properly

Accountants for Solicitors is a trading style of Buzz Accounting Ltd, registered in England and Wales, company number 15182358. We act for law firms and we do not spread ourselves across everyone else within ten miles of the office. Sole practitioners, partnerships, LLPs, incorporated practices, COFAs who need the compliance side carried, and self-employed barristers.

The reason for the focus is simple. A general accountant may meet the SRA Accounts Rules once a decade. The five-week reconciliation cycle in rule 8.3, the bill-before-transfer requirement in rule 4.3, residual balances under rule 5.1(c), the salaried members rules that turn a fixed-share member into an employee for income tax purposes — none of these are obscure. They are simply specific, and specific is what a specialist is for.

The value is not in knowing more tax law. It is in knowing which rule bites, on which date, and what a reporting accountant is entitled to ask to see.

What we do, and what we do not

We do the client account bookkeeping and the three-way reconciliations, the firm's annual accounts, the partnership or corporation tax return, partners' self assessment and tax reserves, payroll and auto-enrolment, VAT, and the management figures the firm is run on. We do not audit anything, we do not sign SRA Accountant's Reports, and we do not give legal advice.

Who does what

We do the accounting. A registered auditor signs the report.

Accountants for Solicitors

Client account bookkeeping and the five-weekly three-way reconciliation. The firm's annual accounts, the partnership or corporation tax return, partner tax reserves and drawings, payroll, VAT and the management figures you run the firm on. All the preparation that decides whether the report is clean.

Buzz Accounting Ltd is licensed by the AAT and a member of the ICPA. It is not a chartered accountancy firm and not a registered auditor.

Anstey Bond LLP

Colin Ellis, ICAEW and a Responsible Individual, prepares and signs the SRA Accountant's Report itself. Rule 12.5 of the SRA Accounts Rules requires a member of ICAEW, ICAS, ACCA or ICAI who is, or works for, a registered auditor — and only that person can sign it.

Anstey Bond LLP is a separate firm, registered for audit by the ICAEW. Companies House OC360626.

That split is a deliberate model, not a hole in the service. Rule 12.5 of the SRA Accounts Rules requires the report to be prepared and signed by an accountant who is a member of ICAEW, ICAS, ACCA or ICAI and who is, or works for, a registered auditor. Both limbs, cumulatively. A firm that quietly implies otherwise is either not reading the rule or hoping you will not. Meanwhile the work that decides whether your report is clean happens in the twelve months before it is written, and that is the part we do.

Our regulatory position, stated plainly

  • Buzz Accounting Ltd is licensed by the AAT. The practising licence (number 1001556) is held through Peter Allen MAAT.
  • We are a member of the ICPA, the Independent Certified Practising Accountants.
  • We are not a firm of chartered accountants, and we are not a registered auditor. An AAT practising licence does not cover statutory audit and does not satisfy either limb of rule 12.5. Neither point is a technicality; both are the reason the split above exists.
  • The SRA Accountant's Report is a separate engagement with the registered auditor who signs it, quoted separately. It is never included in our fee, and we will never suggest that it is.

It is worth saying what an accountant's report is not, as well. It is not a statutory audit of the firm's accounts. It is a reasonable-assurance engagement on compliance with the Accounts Rules, and the SRA does not require law firms to have audited accounts. Most law firm LLPs sit below the statutory audit thresholds — for accounting periods beginning on or after 6 April 2025 an entity is small if it meets two of turnover not more than £15 million, balance sheet total not more than £7.5 million, and not more than 50 employees — and they still need the rule 12 report if they hold client money above the exemption limits. Those two things get confused constantly, usually in a way that costs the firm money.

Why we understand law firm economics

Buzz runs Buzz Legal alongside Robert Festenstein, a practising solicitor at RHF Solicitors (SRA number 324115). Running a legal service next to a solicitor teaches you things about a law firm's economics that no textbook does: how long a matter really takes to bill, how quickly work in progress turns into an argument, how much of a COFA's month disappears into the client account, and how differently partners behave about drawings once the tax reserve is a real figure rather than a rule of thumb. We mention it for credibility, not as an offer — RHF Solicitors does not act for the law firms who come to us for accountancy, and we do not give legal advice to anyone.

How we work

  • Fixed monthly fees, quoted after a free review. No hourly rates, so you never hesitate to pick up the phone because a meter is running. No published price list either: the fee depends on the size of the firm and the state of the ledgers, and a number invented before we have looked would be a guess dressed up as transparency.
  • The compliance work happens all year. Reconciliations on the five-week cycle the rules actually require, not a reconstruction in month eleven.
  • Plain English. If we cannot explain a position in a sentence, we have not finished thinking about it.
  • Straight answers. Including "stay as an LLP", "you are already exempt from the report" and "your current accountant is doing this well", where those are true.
  • Remote-first, across the UK. The SRA regulates England and Wales only, so we are explicit with Scottish and Northern Irish firms about which parts of the compliance work reach them and which do not.

What we will not claim

There are no client counts, testimonials or success statistics anywhere on this site, because we are not going to invent them. There are no turnaround promises on regulated work, because the report is not ours to promise. What there is instead is the rule number, the date it applies from, and a named registered auditor you can look up at Companies House and at the ICAEW. If you want to see how that works in practice, the quickest route is a free client account review. If you would rather poke at something first, the calculators are free and ask for nothing, and the compliance calendar is the page most firm owners bookmark.

Ready when you are

See what a specialist actually changes.

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