Toast Coffee House

Jo and Dermot Seale founded and renovated Toast – a chic, large, light and air venue with open plan ground floor café, delicatessen, gift shop and first floor venue – back in 2011.

With such a busy and vibrant business to contend with, Jo and Dermot recognised early on that they needed a helping hand with tax advice and business guidance, which is where Simpkins Edwards came in.

“We’d worked with Simpkins Edwards previously” said Jo “They’d advised us on tax compliance for our financial service businesses, so we knew they were very good at what they did. When we spoke to Seb, Partner at Simpkins Edwards, about Toast. He instantly grasped our goals and aspirations for the business, swiftly outlining strategic accountancy advice to put the business into a strong position.”

Jo adds “Simpkins Edwards’ pro-active, solutions driven advice has been a breath of fresh air and gives us the capacity to focus fully on driving the business forward.”

Jo and Dermot use Simpkins Edwards’ set-fee monthly service package, which in addition to the usual tax and accounting compliance, provides bookkeeping and payroll, regular profit and loss reports, cloud-based management accounts and quarterly planning meetings.

“With Simpkins Edwards’ help our books are in order, we’re making tax digital for VAT compliant, and we have up to date management information. We’re able to extract profit tax-efficiently and we have a team of experts on hand to give guidance on matters such as PAYE and auto-enrolment.”

Looking forward to the future Jo says, “We have an appetite to grow and diversify as a business, to meet the needs of the town and its visitors. Our next venture will further enhance the downstairs areas with more seating and an extended delicatessen area. With Simpkins Edwards on our team, we know that these goals are well within our grasp.”