Hemyock, Devon & Somerset    ☎ 01823 680062 or 07742537931  ✉ hello@first4accounting.com

ABOUT FIRST 4 ACCOUNTING

Accountancy Built on Experience, Not Just Numbers

First 4 Accounting is an independent accountancy and tax practice supporting individuals, professionals and owner-managed businesses.

Behind the practice is decades of accounting, audit, financial management and commercial experience — from working with substantial organisations to helping small businesses deal with the practical realities of accounts, tax, cash flow and growth.
PRACTICAL ACCOUNTING. PRACTICAL ADVICE.

A Small Practice With Broad Experience

First 4 Accounting works primarily with individuals, professionals and small and owner-managed businesses.
Being a smaller practice allows us to understand the people and businesses behind the figures. Clients deal directly with experienced people who understand their circumstances rather than being passed through layers of departments.
Our work ranges from accounts, tax returns, VAT and payroll through to HMRC enquiries, property taxation, business planning and experienced financial-management support.
The objective is straightforward: understand the situation, identify what matters and provide practical advice that can actually be used.
EXPERIENCE THAT GOES BEYOND COMPLIANCE

Understanding Business From the Inside

First 4 Accounting is led by Phillip Rosslee, a Qualified Accountant whose career has included professional accountancy and audit training together with senior financial roles in both large and smaller organisations.

That experience has included work as a Finance Director, Chief Financial Officer and internal auditor, together with hands-on involvement in businesses operating across a wide range of sectors.
The value of that background is practical.
Accounts are not simply documents that have to be filed. They should help explain what is happening inside a business.
Tax should not be considered only when a deadline arrives. Decisions made during the year can have tax and cash-flow consequences much later.
Financial information is most useful when it helps an owner decide what to do next.

Accounting & Audit

Professional accounting, financial reporting, controls and audit experience provide the foundation for the practice.

Finance Director & CFO Experience

Senior financial-management experience brings a commercial perspective to business planning, cash flow, reporting and decision-making.

Owner-Managed Businesses

Practical experience of the pressures facing smaller businesses — where accounting, tax, staffing, systems, customers and cash flow often meet on the same desk.

Systems & Processes

A strong focus on making financial systems simpler, more efficient and more useful while maintaining appropriate controls and audit trails.

BROAD COMMERCIAL EXPERIENCE

Experience Across Different Businesses

Professional and commercial experience has included exposure to organisations and businesses operating across a broad range of industries. Understanding how a business works gives the financial information its context.

Commercial, Manufacturing & International Experience

Phillip’s experience extends well beyond accountancy practice. He has held senior financial roles in commercial and manufacturing businesses, including businesses operating in clothing, plastics and stationery, together with practical involvement in importing, exporting and international shipping.

International trade can involve considerably more than buying and selling goods overseas. Shipping, foreign suppliers and customers, working capital requirements, payment terms, currency exposure and the financing of international transactions can all require specialist financial and commercial understanding.

His experience has also included involvement in raising finance for mining projects and in major investment and relocation projects. One such project involved the proposed relocation of a complete stationery manufacturing operation from South Africa to Ireland. The project required detailed financial and commercial planning and progressed to approval by the Irish Development Authority, although the owners ultimately decided not to proceed with the relocation.

This background provides practical experience of manufacturing costs and margins, stock and working capital, purchasing, production overheads, pricing, cash flow, capital investment, international trade, shipping and raising finance.

It also underpins the way First 4 Accounting approaches Business Advisory and Finance Director support. Accounts tell us what has happened. Good management information, commercial understanding and forward planning help business owners decide what should happen next.

OUR APPROACH

Understand First. Advise Second.

Good advice starts with understanding the facts.
We take time to understand how a business operates, where the money comes from, what drives profitability, where the risks are and what the owner is trying to achieve.

We Listen

Understanding the client and the business comes before recommending a solution.

We Keep Things Practical

Advice should lead to a decision or action — not simply produce another document.

We Look Beyond the Deadline

Compliance matters, but so do cash flow, future tax liabilities, business structure and the consequences of decisions made today.

We Use Technology Sensibly

Modern accounting systems, secure online communication and digital processes can make accounting more efficient, but technology should simplify the work rather than complicate it.

We Maintain an Audit Trail

Good records, clear reasoning and proper documentation matter — particularly when dealing with tax, Companies House, HMRC or important business decisions.

PEOPLE AND BUSINESSES

Who We Help

The starting point is your situation and the support you need.
WHY FIRST 4 ACCOUNTING?

Experienced Advice Without the Layers

Direct Contact

A smaller practice means direct access to experienced advice.

Commercial Perspective

We understand that accounting decisions happen inside real businesses, not just spreadsheets.

Practical Tax Advice

The objective is to understand tax consequences before important decisions become irreversible wherever possible.

Long-Term Support

We aim to understand the client and the business over time rather than treating each return or set of accounts as an isolated transaction.

DIGITAL WHERE IT HELPS

Modern Systems. Personal Service.

Accounting is increasingly digital, and First 4 Accounting uses modern systems and secure remote communication to work efficiently with clients.

But technology does not replace the conversation.
Meetings can take place remotely when convenient, while personal contact remains an important part of understanding clients and their businesses.

Let’s Talk About What You Need

Whether you need help with routine compliance, a tax issue or a wider business decision, the best place to start is a conversation.

FIRST 4 ACCOUNTING — CLIENT TAX ALERT

100 DAYS TO SELF ASSESSMENT DEADLINE

The tax clock is ticking.

31 January 2027 isn't just the online filing deadline — for most Self Assessment taxpayers it is also when the tax becomes payable.

Filing early doesn't mean paying early.

It means knowing what you owe while there is still time to plan the cash.

We are already preparing and filing 2025/26 tax returns. If we haven't yet received your records, now is the time to send them to us.

Don't leave it until January.

Practical accounting. Practical tax advice. No January surprises.