Abacus Accounting SERVICES - Sheffield

An accountancy practice set up with the aim of providing clients with a professional & dedicated approach to help their business.

Welcome to Abacus Accounting Services

Abacus Accounting Services is an accountancy practice set up with the aim of providing clients with a professional and dedicated approach to help their business. We can help with all accounting aspects of client’s business and will aim to make life as easy as possible to allow client’s to focus on the needs of their business instead of worrying about tax matters.

We offer a free consultation and charge for the job based on number of hours spent or on a fixed fee basis.

We put clients first

At Abacus Accounting Services we believe in putting the client at the centre of our business. We realise every clients needs are unique and dependent on their business and personal circumstances. We therefore treat each client as an individual.


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We are professional

By ensuring your accounts are processed in an accurate and timely manner we give the most professional service possible to ensure our clients are totally satisfied. With combined experience of over 50 years between the partners we believe we know what is important to clients and are always happy to receive feedback.


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We are focused

At Abacus we help clients and businesses all over the UK whilst maintaining a core client presence in the Sheffield and South Yorkshire area.


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We build relationships

As a growing organisation it is vitally important for us to build strong working relationships with each individual client, ensuring the trust is Not over time to create a lasting longevity in the client / accountant relationship.


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January Deadline

Not filed your Tax Return Yet? Every year thousands of people miss the 31st January Self Assessment Tax Return deadline…

 

MTD

From April 2026 most businesses will need to file 5 Tax Returns per year. One every quarter plus the existing yearly return.

 

Companies House

All directors & shareholders are now required to verify their identity before Confirmation Statements and other requirements can be filed at Companies House. Also new higher charges come into effect from 1st February 2026 and more things will be chargeable.

 

Pension

All employees earning above £800 per month must be offered a pension scheme.

Who we are

Abacus Accounting Services has grown from a handful of clients to being an organisation having clients from all over the UK.

In 2010 the company purchased another accountancy practice in Sheffield in order to expand and acquire experience of the owner and employees. Since most of our new clients have come from recommendations of existing clients, the client base has largely grown organically and reliably. This stable growth environment has meant catering to client’s individual needs has never gone out of control, and professionalism across our services has been maintained.

A few things we’re great at

 

Sole Trader’s

At Abacus Accounting Services we can help you prepare your accounts and tax returns whatever your nature of trade, making sure we help you comply with your obligations and meet deadlines, whilst giving you the most efficient tax advice available.At Abacus Accounting Services we can help you prepare your accounts and tax returns whatever your nature of trade, making sure we help you comply with your obligations and meet deadlines, whilst giving you the most efficient tax advice available.


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CIS – Construction Industry Scheme

This very specialist area of self employment can be efficiently handled ensuring that your work is done as quickly as possible to ensure your taxation affairs are dealt with promptly and accurately by one of the partners and staff, whilst providing a professional service.


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Partnership’s

Whilst partnerships can be slightly more complicated we can help take the difficulty away by filing all necessary tax returns and keeping you up to date at all times.

We will process partnership tax returns and each partners individual tax returns as necessary, even if each partner has other business interests.


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Limited Companies

With more legal obligations than a sole trader or partnership, Limited Companies can appear daunting, however we can offer our services to make sure all deadlines are met and obligations to Companies House and HMRC fulfilled.

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VAT

Whatever VAT scheme you use or will use we can carry out quarterly work for  preparation of VAT Returns, always finalising with you before any Returns are submitted. Preparing the work as we do speeds up the process when preparing your end of year accounts.

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RTI Payroll

The relatively new Real Time Information scheme used by HMRC requires constant up to date information to be given online to HMRC. This is an area we specialise in and have a dedicated partner to facilitate this process for all our clients who require this service. The partner has knowledge of Nest Pension Scheme and the new (April 2025) employment legislation.

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What Our Clients Say

Below are some of the comments our clients have made to us or our other clients or our potential clients.

“I was recommended Abacus by a member of my gym business, after a bad experience with a local accountant. From day one I felt that this accountant was “on the ball so to speak”.

I could never contact my old accountant as he was always “in a meeting” or “out of the office” I discovered almost immediately the professionalism and efficiency of this Abacus partners.

My phone calls were returned almost within the minute. My text was answered within seconds. The advice I was given,and followed, was brilliant. They charge very little for the amount of work they do, and I have recommended them to many of my friends who are now part of the team.

I can even get advice out of office hours which once again is just amazing service.
I strongly recommend Abacus. 5**** .”

David Grubb
Director @ Muscle Madness gym

Our Awesome Team

with over 100 years of experience between us.

 

Mehmud Nathu

Partner

Mehmud Nathu has a wide experience in all aspects of accountancy since graduating from Sheffield Hallam University with a degree in Business Studies. Having attained over 25 years of experience for various accountancy practices in the UK, before setting up his own practice.


 
 

Nazar Hussain

Partner

Nazar Hussain started his carrier in industry but moved to practice after 2 years where he worked for ten years and then moved back into industry where heb spent fifteen years. He joined Abacus as an employee before becoming a partner.


 
 

Mohamed

Employee

Mohamed joined us in April 2025 to gain experience in accountancy and was later taken on as an apprentice.


 
 

Ali Qadar

Consultant

Ali Qadar (father of Nazar Hussain) is a chartered Accountantant specialising in inheretance and capital gains aspect of accountancy.


 

264

PROJECTS

5348

WORKED HOURS

4

PEOPLE

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