Bookkeeping & VAT · Split VAT Management · Tips & Payroll Compliance · Seasonal Cashflow Planning · Staff Payroll & Holiday Pay · Quarterly VAT Returns · Cashflow Forecasting · Virtual Finance Partner · Business Consultancy ·
We know your world.
Hospitality is one of the most financially complex sectors on the high street, and many are managing it alone. We're here to change that.
01
Split VAT is a constant calculation
Wet sales are standard rated. Most food is zero rated, but hot food, crisps and certain items aren't. The line is specific, easy to get wrong, and HMRC will find it if you do.
02
Casual staff and tips make payroll genuinely complicated
Variable hours, irregular shifts, the Employment Act 2023: payroll in hospitality is not straightforward, and the consequences of getting it wrong aren't small.
03
Seasonal swings need seasonal planning
The gap between summer and winter trading can be significant. Without forward visibility of your cashflow, the quiet months can catch you completely off guard.
04
Most hospitality owners don't know if they're profitable until it's too late
Revenue looks fine on the surface. The bank account tells a different story. We make sure you always know where you actually stand.
How we support you
Tailored to the day-to-day reality of running a hospitality business.
Finance that works as hard as you do.
We're not a service you plug in and forget. We show up, we listen, we ask the questions others don't: and we treat your business like it's personal. Because to you, it is.
"I was told early on in business that if you can find someone who truly understands cash management, you should keep them close by! That has paid dividends, with Ancora looking after our financials, we have been able to focus on our core business and importantly increasing the time available to spend with our customers.
Carl Revens, RRIF
