Regulatory and Legal Information
REGULATORY AND LEGAL INFORMATION
“TSL” “TSL Accounting” and “TSL Consulting” are trading styles of Total Solutions UK Ltd a private limited company registered in England and Wales Registration number 2092756. Registered office 4 Chapel Row Bath BA1 1HN. VAT Number GB 532 3976 37
TSL directors and senior managers are individually regulated by their respective professional institutes and are insured through TSL for work carried out by them in the service of the Company. Craig Jenkins is the majority owner of TSL and he is regulated by the Chartered Institute of Management Accountants (CIMA) Practising Certificate number 00063. Chartered Management Accountants work to the highest professional and ethical standards.
All CIMA management accountants work within the framework of the CIMA Code of Ethics (www.cimaglobal.com). The code requires accountants to comply with the principles of integrity, objectivity, professional competence and due care, confidentiality and professional behaviour. We have a duty to observe the highest standards of conduct and integrity, and to uphold the good standing and reputation of the profession. The duty of a professional accountant is not exclusively to satisfy the needs of an individual client or employer - as professional accountants we are obliged to act within the public interest.
Money Laundering Regulations
In common with other professional accountancy firms, we are required to identify our clients positively under the anti-money laundering legislation. We will request from you, and retain, such information and documentation as we require for these purposes and/or make searches of appropriate databases. As a specific requirement of the Money Laundering Regulations we will require you to produce evidence of identity, such as a passport, and evidence of residence. Please note that we will not be able to commence work on your accounts until these checks have been completed. By law, copies of such records must be maintained by us for at least six years after we cease to act for you.
We are supervised under the above Regulations by the Chartered Institute of Management Accountants. Relevant legislation in the UK includes: The Proceeds of Crime Act 2002, Terrorism Act 2000 and Money Laundering Regulations 2007 and all amending legislation.
You acknowledge that we are required to report directly to SOCA and the Revenue without prior reference to you or your representatives if during the course of undertaking any assignment the person undertaking the role of Money Laundering Reporting Officer becomes suspicious of money laundering. You will not be informed if or when such a step has been taken.
Continuity of Service
TSL (Total Solutions UK Ltd 2092756) is a limited liability company registered in England. Your contract is with TSL and not any individual employee of TSL. Should your regular office, contact or specified Client Manager become unavailable for any reason, full uninterrupted service will continue for you through another qualified member of staff and/or office as applicable.
Whilst complaints about our service are extremely rare, we do take them very seriously when they arise. If you are unhappy with any aspect of our service we would ask that you write directly to our Practice Manager at our Bath office, setting out the full details of your complaint. In certain circumstances and with more complex issues it may not be possible for us to resolve your concerns immediately and we may need to carry out a more detailed investigation. If this is the case we will write to you within 5 working days to tell you who will deal with your concerns and how long it is likely to take to investigate the matter fully.
Confidentiality and Ownership of Information and Media
Apart from where required by law, or by the valid request of a lawful agency, TSL agrees not to discuss your financial affairs with any third party without your consent.
TSL owns all of the workings on hard copy or computer media that it creates from the information you provide to us. TSL also owns all notes and files relating to your account, which it creates whether from information provided by you or not. Once the accounts have been approved and signed, TSL agrees to provide you with your original documents. Should you appoint another advisor or accountant to handle your affairs in the future, TSL will provide a hard copy trial balance, balance sheet and tax computation workings for the last complete financial period that we have prepared. (Accounting services). The provision of any additional information, accounts, accounts disks or workings is entirely at the discretion of TSL and may be chargeable. (Consulting, Ad Hoc work and Accounting Services).
When you take up our services, we will make every effort to ensure the accuracy and timeliness of the consultancy advice and financial information provided to you. However, TSL only acts as your agent in preparing accounting information from your own records, and you remain ultimately responsible for ensuring that you comply with your legal & fiscal obligations, and that the financial information is in fact correct. TSL is not able to assume any legal responsibility direct or consequential in relation to you or any other third party arising from the use of the advice, financial information or services provided to you by us, or for any fines, penalties or surcharges arising from late filing of accounts or returns however incurred.