Pharmacies

Amid all the changes in the business world, one thing remains constant – our commitment to our clients.

For over 25 years, Alexander Sloan has been a trusted partner to pharmacies across the UK, delivering expert financial services tailored to meet the unique demands of the sector. With a reputation as a leading provider, we draw on extensive experience and a deep understanding of the pharmacy industry’s evolving challenges and opportunities.

The increasing demand for pharmacists to provide additional services to patients has created significant changes for pharmacies. These added responsibilities can make managing your business more challenging.

That’s where we come in—offering tailored services and expert advice to support you running your pharmacy smoothly and successfully. We are committed to staying attuned to the latest sector developments, ensuring that our clients always benefit from relevant insights and the highest standard of service.

We can offer a range of accounting and tax services, but more specifically, areas include:

Accounts Preparation
We can prepare your year-end accounts in the required statutory format and handle their submission to both HMRC and Companies House.

Tax Returns
Alongside preparing and submitting your self-assessment tax return, we can provide you with expert advice on tax strategies and planning.

Virtual Finance Director Services
We can manage all aspects of your financials virtually such as Bookkeeping,  Management Accounts, Payroll and VAT Returns, allowing you time to focus on your business.

VAT Returns
We can prepare and submit your VAT return to HMRC. We can also provide VAT advice due to the complexities of VAT treatment for pharmacies.

Payroll
We offer an end-to-end payroll service, from processing your payroll and providing payslips, to submitting the relevant RTI reports and making salary payments.

Cloud Accounting
We can migrate your current accounting system to the cloud as well as providing training. We offer Xero health checks, App Advisory and Software Support to ensure you get the most from your accounting system.

Want to learn more about how we can help you? Contact us to speak with a member of our team.

“As a medium sized charity, Alexander Sloan’s virtual FD service is a great fit for us. It gives us access to a robust finance team, in a way that offers real value for money for our business model.

Myself and our board of trustees, are delighted with the Virtual FD input. Our virtual finance director is present at all board meetings, we also have a presence from our virtual FD consultant at all our finance committee meetings. We have excellent ongoing support from the team, who produce detailed and robust reports and support us to plan budgets and ensure our financial governance and treasury management are in excellent order.

Our virtual finance director and consultant have taken the time to get to know the inner workings of our organisation, including our ethos and values, and their in-depth knowledge of our organisation and our sector makes the service they provide second to none. We have brought about several successful change projects and developments over the past several years none of which would have been possible without the brilliant service we have received. I would recommend the service to any business, particularly the third sector where it can be difficult to recruit good finance personnel.”