Find The Best Accountancy Quotes In Ilford

Having an accountant is a crucial development for any company that wishes to be successful. Through good accounting, the business can accurately measure the financial results and effectiveness of the strategies that are being implemented.

On the other hand, it also enables compliance with all tax regulations that are required of a business. As a result, accounting provides the necessary information that supports the decision-making process in a business, with regards to planning and control.

An accountant is essential because financial activity suffers innumerable and complex changes, highlighting the importance of having the assistance of a person who possesses knowledge of the subject and also is constantly updating it. In fact, as soon as the idea of ​​your company begins to take shape, you should seek the support of an accountant.

Ilford Accountants

Many business owners can be tempted with an apparent "saving" and do without the hiring of an accountant. Looking for information on the internet and making some inquiries to some occasional contact, it may seem that the work of the accountant can easily be replaced.

However, this supposed "saving of fees", as well as the habitual error of looking for a professional "for the best price", turns out to be a time bomb. What was not foreseen, not thought or reviewed on time, sooner rather than later, will result in substantial additional payments for fines, interest or omissions.

Unfortunately, finding the accountant that meets all this criteria in a local area to you can be challenging, but there is an answer. For those after the best accountancy service, then quotegrab is an invaluable tool.

We'll get hold of the four most suitable quotes from the top accountants in your locality, which will save you both the stress and time expended on such jobs. We have experts in this field who look at what would make a best fit for you and not only that, but we will then access a quote for the job in hand. This cuts out many countless hours worrying about whether an accountant is trustworthy, can manage your query and if they are overcharging you too.

With quotegrab, all the bothersome legwork is done for you. We guarantee you that these are relevant and accurate quotes, represented by renowned, fully qualified accountancy practices in Ilford.

Accounting Services

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The payroll is a business document that is used to calculate the money to be paid to employees for work performed. Workers are given a salary receipt with the exact amount and this serves as proof of payment.

It is a document with legal validity that details not only the amount to be received by the worker, but the assignments, deductions and withholdings of a legal nature.

The function of the HR department is to issue the payroll of workers throughout the company and keep a record and file of them.

Payments are made for the services provided and they occur every so often, be it weekly, biweekly or monthly. The term payroll refers to:

• A document that collects all the data referring to the salary of the employee

• The sum of all company salaries

• It refers to the total workforce

Accounting in a nutshell consists of the entry and exit of money. Therefore, accounting and bookkeeping is the reflection of the money that comes in and goes out in the operation of a company within a certain period.

What comes in, of course, is income, and what comes out can be spending or investment. The outflow of money is reflected in the general operating expenses, such as a petty cash, payment of personnel, projects and also the investments you make. The revenues are the amounts of the bills you charge, and the bookkeeping is the overseeing monitoring of each these ins and outs.

Usually, your end-of-year finances are identified as financial statements. This is to differentiate them from the regular everyday accounts you use to run your business.

These statements should normally be comprised of a directors report. This is an article produced by your company's directors, put in brief terms regarding the performance of your business across the year, as well as an overview of its present state and what it sets out to achieve in the future.

Other items to include on the end-of-year accounts are your balance sheet, which includes the full amount of the business' liabilities and assets at the end of year accounting, providing an overview of the income and expenses throughout the subsequent financial period. This includes aspects such as sales, expenditures, tax issues and the entire amount of profits/losses across the period.

VAT Returns calculate the amount of VAT that must be paid to, or recompensed by HMRC. Typically, these should be filed four times annually. To work out the amount of VAT you need to repay, or how much you are owed, the VAT Return examines:

•The full sum of your sales and acquisitions over a three month financial period

•The VAT amount that you owe on sales

•The VAT amount you can recoup for acquisitions completed by your company

•Should you owe more than you are capable of reclaiming, then you'll have to pay HMRC the difference. Likewise, should be able to reclaim more VAT than what you are owed, then HMRC will repay you this difference

Submitting a tax return to HM Revenue & Customs can very often be a large headache for a number of people – and this doesn't necessarily only apply to the self-employed. This is due to tax returns being filed by a company's directors, property owners amongst numerous others who must declare both their income and expenses. Even if you wish to claim for a tax refund, this frequently means that you'll need to submit a tax return. Many people end up being charged too much tax through their tax returns and others can miss deadlines, resulting in paying fines, so it is always a good idea to have a professional accountant check first.

Self-Assessments are one of the methods by which HM Revenue & Customs works out how much is owed by UK taxpayers. If your profits are already taxed by PAYE, you still may need to submit your tax return and declare other income or make a tax refund claim.

When you submit a Self Assessment form on the internet, you are making HMRC aware of your income and also how much you are spending in order to remain in business. Self Assessment tax returns are aimed at being as straightforward as possible, although it can be quite easy to make mistakes. A lot of people decide on completing their Self Assessments online, however they can still be handled on paper form if required.

SEIS tax relief was presented in 2012 and is a way for investors to obtain preliminary tax relief. On investments up to £100,000, this can be a saving of 50% and should they choose to sell their shares after three years, then no Capital Gains Tax will be added. To be eligible, the company has to have traded for under two years and the business to have raised less than £150,000.

EIS tax relief intends to embolden investors to capitalise more in small businesses by contributing up to 30% of tax relief. This structure also improves returns by presenting an exemption from Capital Gains Tax after three years and additional tax relief on the occasion of any losses. For EIS, every investor is permissible to invest up to £1 million annually.

If a business conducts research and development, then it could qualify for R&D tax credits. This means a possible reduction to tax bills, but furthermore, should your business make a loss on eligible R&D expenditure, you can decide on 'surrendering' or 'cashing-in' on these losses that originate from a claim to HMRC.

Essentially, you need to be willing to show HMRC that the product for which your claim is based upon, transmits innovation. From a technological perspective, it should bring a level of advancement to what's presently existing in the marketplace. Fortunately, there are a great deal of businesses who can qualify for the R&D tax credits scheme to inspire and repay innovation than you may think.

When you set up a new business, registering your company with Companies House is always one the most fundamental steps.

Getting registered with Companies House can be quite a frightening prospect for new business owners, but as long as you have gathered all the correct and relevant information together, it's fairly straightforward from there. Or, if you'd rather, then you can pay for a registrar to complete the job for you instead.

Registering with Companies House will depend on the specifics of your enterprise. Sole traders, for example, won't have to get registered with Companies House, but will need to register through HMRC by submitting a Self Assessment tax return.

On the other hand, if it's a limited company or LLP that you are forming, then it's a legal necessity to register through Companies House.

You can get your company deregistered if you expect the next 12 months of taxable sales to be below the threshold that is set by deregistration, currently standing at £83,000.

If a date isn't detailed for voluntary deregistration, then it will begin from the date that HM Revenue & Customs collects your application, although you aren't able to backdate the deregistration for any reason.

If your company is no longer trading and has no aim to make further taxable sales, it needs to deregister from VAT, commencing on the last day of trading.

Nevertheless, there is the possibility to prolong this date and so get any closing invoices for to resolve your finances.

There could also be some additional costs to pay, which reach you once your company has made its final sale.

Types Of Company Structures

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The prestige that the abbreviation 'PLC' has at the end of your company name is substantial. With a Public Limited Company, there are capital requirements and also unique management and shareholder forms.

A PLC must have a capital of £50,000. At least 25% (£12,500) of this minimum must be paid in full before trading can commence. This entitlement must be issued before the company begins any commercial transactions.

Having a PLC is necessary if the company:

• Sells shares to the public

• Undertakes any type of business

• Operates anywhere else in the world

The main difference between a Public Limited Company and a Limited Liability Company (LLC) is that the shares of the PLC can be offered for sale to the general public.

Private companies limited by shares make up the largest percentage of private UK companies that have been registered. This kind of business structure is especially widely held because the business survives as a distinct legal body from the owner.

What this means is that the owners have limited financial accountability, which in turn means that their personal assets are safe, should the business encounter financial difficulties. This kind of structure is a major advantage over the sole trader model, as the sole trader is responsible for every facet of their company.

Essentially, Private companies limited by shares means that the accountability of the shareholders to creditors of the company falls only upon the original capital investment.

A private company limited by guarantee is a kind of company model which is usually seen used by non-profit enterprises. This could broadly include charities, clubs, community projects, membership organisations and so on.

Founded to assist these types of community-based, non-commercial purposes, private companies limited by guarantee characteristically hold any excess income to either reinvest, or as a way of promoting the not-for-profit aims of the company, instead of distributing those assets to its members.

The key motive for a club, social enterprise, etc. to become a company limited by guarantee is so that those who run the company are protected from personal liability for financial hardship. This is similar to why a business might be formed as a company limited by shares.

An unlimited company is similar to any consistent private company that is limited by shares. It registers with Companies House, it has a memorandum and adheres to the articles of association. They will have a director who oversees the everyday organisation of the company via the stake of the shareholders. A yearly confirmation statement has to be filed to Companies House, as with a limited private company. However, the biggest distinction is when bankruptcy arises - you can lose the whole lot.

When official insolvency happens and the business cannot clear its debts, the creditors can access the individual assets of the company's directors and shareholders so as to clear the charges. Ultimately, no matter the amount of shares you have, you are alone are accountable.

The Limited Liability Partnership is a collective society of limited responsibility and has the flexibility of a society, being taxed as such. In other aspects, it is very similar to a Limited Liability Company.

These are best suited to either newly formed or currently existing companies hoping to gain limited liability status and especially aimed at professional associations, such as accountants and solicitors.

Benefits of an LLP

• Suitable for groups of professionals; be they start-ups or groups that are already in an association, who want to work in a limited partnership

• Focused for professionals such as accountants or lawyers

• It maintains the financial situation of a company

• Members have limited liability

• Suitable for most business enterprises

A Community Interest Company, also known as CIC, is a comparatively modern kind of company formed and controlled through the Community Interest Company Regulations 2005. The CIC structure is intended to bring an efficient legal form for businesses whose goal is to deliver advantages to either communities or trades for reasons other than to profit from.

Whilst these kinds of community enterprises can choose to form as charities, for many this is unlikely, and for some others, it may not be advisable either. So, CICs consequently live within an essential place in enterprise law – they are a way of clarifying the purpose of a business whose aim is to bring about community benefits, while also advising many of the gains usually linked with limited companies.

An industrial and provident society (IPS) is a company that is formed to conduct its business for the benefit of the community. Furthermore, it is an incorporated body, meaning that it's achieved the formal process of registration, which changes a starting or current company into a corporate body, thus making it a legal entity all of its own. An IPS is now controlled by the FSA (Financial Services Authority), but was formerly overseen by the Registrar of Friendly Societies.

Some examples of IPS company's would be the Women's Institute, working men's' clubs, markets, social enterprises, societies, mutual investment companies, and housing associations.

A Royal Charter is a mark of excellence that can only be approved by the Crown. In history, Royal Charters were used before incorporation by registration had started. This kind of registration is controlled within the Companies Acts now. Subsequent to registration through the Companies Acts, a Royal Charter was in fact the most popular form of incorporation, with the Special Act of Parliament being the other most common.

A company which has been approved by the Royal Charter has the same authority as a sole trader, but where it differs is that a Royal Charter body has the control over its property, to contractually bind itself, and indeed, do all the same processes as an ordinary individual can do.

A sole trader, otherwise called a sole proprietorship, is a straightforward business model, in which a single person will do the day-to-day running of their entire company.

Sole traders are lawfully answerable to every facet of their company and are individually accountable for their business capitals. All profits are theirs to keep, however the flipside of that is that any losses or debts are their own to pay off as well.

Sole traders are self-employed, but they don't have to be the only member of staff inside the business. The term is more a definition of the legal arrangement of the business, instead of the amount of employees.

A partnership with regards to business is not dissimilar to an ordinary partnership between individuals. Both business and personal partnerships involve:

• Combining money in the direction of a shared purpose

• Distribution of personal skills and possessions, and:

• Sharing in times of profit and loss

A partnership in business is a particular sort of legal association shaped by the contract between individuals to continue a company as co-owners. There are some partnerships that have individuals who work within the business closely, whereas other partnerships might comprise partners who keep only to a partial input, as well as limited liability for the debts or any court proceedings against the organisation.

Accountancy FAQs

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The modern and competitive accounting professional is not a simple information recorder, but is able to interpret, analyse and classify valuable data to help in decision-making. Therefore, the role is responsible for more than keeping the accounting books and filing forms for HMRC. They must have deep knowledge in sales, finance, administration and financial aspects.

Thus, a good accountant is, at the same time, a financial and legal advisor in tax and business matters, as well as those aimed at the growth of the organisation.

Anybody can form an accountancy firm, irrespective of whether they have professional experience, practical skills, credentials or relevant insurance. So if you're looking for high-quality services connected to accountancy, then it's vital to choose a firm you can believe in. You want to be comforted they have the required schooling, knowledge and certificates, to provide excellence in assistance and services, because you likely would not visit a doctor for medical opinion if they were not regulated or qualified.

Rates can differ quite a lot from one accountant to the next, but a good majority won't charge much less than £40 per hour for general tax guidance.

In terms of tax return assistance, again the costs will differ amongst practices, but the figures below give a hint of how much an accountant might generally ask to conduct your tax return work.

• Personal tax return - £130 - £180

• For a landlord – Approx. £300

• For a small business – £200 - £300

• For a large business - £375 - £475

As well as general business, finance and tax advice, these are some of the services that accountants offer:

• Preparation of financial statements in accordance with accounting regulations and accounting standards

• The organisation of all the various the accounting forms required to be filed

• The preparation of tax returns

• Monthly and annual accounting

• Depreciation plans

• Periodic reports

• The interim reports

• Momentary and fast financial reports required for the management

• Personal Financial Planning

• Property Planning

• Salaries and contributions of employees

• International tax returns

Unlike commonly held belief, changing accountants needn't be problematic, costly or awkward. In many ways, it can really be valuable for all parties. Here are some ideas to think about:

Be sure of what you want: Note down all the details on why you wish to change accountants

Leave on good terms: Even if you choose to switch accountants due to a disagreement or challenging experience, it's good to attempt a parting to be respectable terms.

Do your own research: Moving accountants is not what you'd want to do very often, so apply some time into doing your own research before you fully commit.

Are there charges involved? The principal cost of switching accountants is your own time – because the fact is, it can often take time to find the right accountant.

Here is a breakdown of what your accountant will require for tax or financial advice.

• Bank statements for each of your business accounts, constituting the entire period

• Any loan statements you may have

• Business credit card statements

• Finance agreement details taken throughout the year

• The year's payroll records

• Records of your income sales

• Records of purchase invoices and the year's expenses receipts

• Petty cash receipts

• An estimation of the value of your value as at 31 March

You need to abide by these points to be self-employed:

• First register with HMRC and let them know that you wish to be self-employed. This lets them know that you will pay tax via self-assessment. You will should manage to claim some of this tax back.

• Set yourself up with a business bank account.

• Begin to keep track of all your incomings, outgoings and expenses.

• If you plan to work from home, inform your mortgage lender/landlord, as you may need to check that this doesn't breach any of the terms.

The instant you start working for yourself, you are, in the eyes of HM Revenue & Customs, self-employed (or sole trader). HMRC takes your company's active starting date as the earliest of:

• When you start marketing your company

• Whenever you purchase goods, products or services to sell

• When you have a customer base

Be sure to register at the earliest opportunity. If you leave it longer than the first 3 months of your start date, then this will present you with a £100 late charge. By continuing to postpone, this fine could rise to more than £1,600.

If, throughout a 12-month period, your 'taxable supply' surpasses the VAT registration threshold, then you must register for VAT by law.

Currently, this VAT registration threshold stands at £85,000 for the 2017-18 tax year. Furthermore, this won't be changing for the next two years. A 'taxable supply' is any product or goods that may be subject to VAT. Therefore, if your income of these supplies goes beyond £85,000, or should you believe that it might, then registering is a must for you.

Lots of companies decide to register voluntarily for VAT, even if they have not reached the threshold. This is not an easy decision, as it can have long-lasting consequences for the monetary well-being of your company, therefore, it is important you have thought it through thoroughly.

There are a couple of main reasons that you may wish to register for VAT voluntarily and that is to A) Reclaim VAT that you are charged by other companies and B) to build a more impressive image of your business - to appear larger than you might be.

• The clear benefit of voluntary VAT registration is you'll not have to fear exceeding the threshold or informing HMRC in time.

• Voluntarily registering VAT for your company can translate your business as being larger and more prosperous than it truly is.

• Another bonus of voluntary VAT registration is the issuance of a VAT registration number, meaning you can deal easier with external organisations.

• You also have the capability to claim VAT on goods acquired for your company.

• You'll receive a somewhat coveted VAT registration number for your company, which you can display.

Quickbooks - This is one of the best and most complete options for small businesses. Among the main advantages is the possibility of integration with more than 150 related applications.

Sage - Regardless of whether you're a start-up or in the management of an organisation, Sage Business Cloud has reliable, advanced solutions for handling your finances, accounting and payroll.

Freshbooks - Freshbooks is one of the best solutions for those who want to work with their integrated system on mobile devices such as smartphones and tablets.

Wave Accounting - This is one of the best free accounting system automation software available on the market. It is the ideal solution for small businesses that have up to nine employees.

Zoho Books - The main advantage of Zoho Books is the cost benefit, since they are only two packages, and the most expensive is very reasonable cost per month, with all available resources.

The tax declaration is a financial obligation that must be performed by a specific date by all companies.

It consists of a series of documents that shows the amount of income, expenses and retentions that a taxpayer has had during the fiscal period.

The next step you must take into account is in relation to the periods in which you must register the taxes that you must identify. This will be done according to what the HMRC establishes as mandatory on your Registration Certificate.

Capital gains tax, sometimes shortened as CGT, relates to the payable tax based on the rise in value of an item you own throughout the time that it's yours. CGT typically must be paid on such goods that are sold for a considerable profit, however there are some exemptions to this rule.

Setting up as a limited company means that your yearly profits are subject to Corporation Tax. Being a director of a limited enterprise, you then must be sure that your business's corporation tax liability is correct, your corporation tax return is submitted to HM Revenues & Custom punctually, and finally that you pay the corporation tax when it's due.

The majority of those taxes you profit on are normally based off the income that you earn in a single year. Income tax is deducted from your weekly or monthly salary and is a unified taxing system, which is called 'Pay As You Earn' (PAYE).

The company you work for detracts the money from your salary and from there is submitted electronically to HM Revenue Customs (HMRC).

The VAT, or value added tax, is a tax contribution deducted from the prices that consumers pay for goods and services. This is a tax of national order and indirect nature, which is obtained from the costs of production and sale of the companies.

In this sense, VAT is mediated by commercial transactions, since the companies act as intermediaries between the people who buy the products and HMRC, who is responsible for collecting the money. In summary, the function of VAT is to tax the consumption of goods and services that are presented within an economic flow.

The VAT flat rate scheme is an alternate method for smaller companies to figure out the amount of VAT needed to pay HM Revenue & Customs every quarter. When you use this flat rate scheme, you'll still be charging VAT to your clients in a regular way. The difference is that you will be paying a proportion of your overall sales to HMRC as VAT.

Answering this accurately would commonly depend on the type of your business. Though limited cost companies are fixed at the higher rate of 16.5%, those enterprises that don't drop within the limited cost group can have fixed VAT flat rates applied. These range from between 4% and 14.5% of their gross income, plus VAT, subject to the business industry or type.

Here are some of the key points as to the benefit of being a sole trader:

• Make your own schedules

• Autonomy in the execution of tasks

• No need to travel to work every day as it can be done from home, depending on the activity performed

• You are not under anyone's orders

• The profits of your company are yours alone

• Possibility to serve more companies and increase earnings concurrently

All expenditures must have been sustained entirely for the purposes of the company, for them to be acceptable for tax reasons. Therefore, these costs must be acquired whilst actually carrying out the business or in attempting to bring in further business.

Some of the kinds of expenses you can claim are: Office space and utilities, staff expenses, travel costs, stock costs and marketing expenses.

The chief benefit of having your company run as a limited company, is that you're expected to pay a lesser amount of personal tax than that of a self-employed owner, or sole trader. A limited company's earnings are accountable to UK Corporation Tax, which stands currently at 19% for the 2018/19 tax year.

If you owe an amount to HMRC that you cannot afford to pay, then it's vital you get in touch with them as quickly as you can, so as to come to an agreement. Should you not do this, and the amount remains owing, then HMRC will begin actions to collect the debt.

If the bill can't be paid, contact the offices where you received the most recent communication. They might be able to allow you more time to pay, perhaps in instalments.

Personal tax payments are payable by midnight on 31st January for the tax that you may owe on the year prior, and 31st July for the second payment. If there remains an amount of tax to clear once you have completed your payments on the account, you'll need to pay a 'balancing fee' by midnight on 31st January.

As a newly incorporated company, your Annual Reference Date is set as being at the end of the same month in which your limited company was formed. For example, if you set up your enterprise on 14th March 2018, your Annual Reference Date (ARD) would fall on the 31st March every year.

Under usual conditions, you should make sure you file your annual business accounts to Companies House inside 10 months of your ARD.

For the majority of small businesses (of which taxable profits are under £1.5m) Corporation Tax is owed 9 months and a day once their financial year ends. For example, the companies who have assumed a 31 March accounts year end, will have to pay any due Corporation Tax for the year ended 31 March 2019 on or before 1 January 2020.

An annual return gives fundamental information about your business, for example:

• Your registered office

• The names and details of the directors

• The names and details of shareholders

• Your own contact details

• And the nature of the company

The annual return is often confused with a business's annual accounts, or the tax return. However, these are totally distinct from one another and won't typically be submitted together either.

IR35 is a legislature intended to prevent workers from falsely claiming that they're contractors to collect tax benefits. If indeed are a contractor, then you'll want to be sure that you comply with IR35. It isn't always straightforward for HM Revenue & Customs to differentiate between contractors and employees. Therefore, there are a selection of questions you need to query in order to find your position. There isn't a conclusive rule to IR35 and if you can validate your status, then you needn't be put on the payroll as an employee.

It is possible to change a private limited company's registered name at any point after its inception. In fact, this can be completed in a couple of different ways. The business can seek to pass a distinct resolution through its board meeting or as is the case most common to limited companies, each shareholder will agree to sign a written copy of this special resolution.

An independent account of the company allows you to quickly check the income and expenses of the year, instead of having the hassle of separating personal and business transactions, if you only have a personal account .

Another good reason is to show the tax authorities that your business is transparent in its financial transactions. It may be easier to get a loan or a business overdraft if you have a business account. Nobody likes to pay a fine, and less pay for something that does not correspond. But that is the main risk a business owner runs when using their personal bank account for company activities.

There come a time when, as a business, you register for PAYE, but have no employees. There could be a number of reasons for this apparent anomaly – perhaps your company is being sized down, or the staff have moved on to other roles, or maybe you've been unable to employ the roles as planned. Whichever it is, the HMRC still requires that you submit your RTI on a monthly basis, regardless of your employee numbers or lack of.

RTI, or Real Time Information, is a way that HMRC has sought to improve the precision of PAYE. It reduces the necessity of sending out alterations for both over or underpayment and also counters the likelihood of fraud.

Under recent RTI legislature, employers will be obligated to file data electronically online at HMRC either on or before they pay their workers, rather than once annually.

In accountancy, a 'year end' refers to the day your business's financial period concludes. It also signals that limited companies must file relevant documents to both HMRC and Companies House. If you're submitting your business's initial accounts and they happen to cover a period of over 12 months, then you are obligated to send them over to Companies House:

• Before 18 months of the incorporation date for public companies

• Before 21 months of the incorporation date for private companies

Ilford Business History

Much of present day Ilford owes itself to the dismantling of the once large estates from the late 19th century - local tradesmen built houses aimed towards the city workers and middle classes. As a result, a lot of these buildings were lavish and costly. A fine example of this is what started as a Garden City, near the old Valentines Mansion. This lavish undertaking was initiated in the latter 19th century by Sir Ebenezer Howard, but was filtered out to Garden Suburbs in lots of cases.

Ilford Business History

Alongside this influx of affluent architecture, the River Roding, also offered a way for transport to trigger the increase in industry along its banks. This stretched from Barking Creek, where the Roding touches the Thames, all the way up along Ilford Bridge, which at the time was passable to barges.

One of the fondest recalled of industry here was Howards chemical works. Throughout the First World War, they supplied aspirin to the country, due to the previous producer in Germany became obviously unavailable. Howards was a very capable business and when a German rocket damaged their factory in 1944, the remnants of the missile was used to make Sulphate of Iron.

Another business that held importance to Ilford was part of an industry that transformed the art of photography at the end of the 19th century. Not only did Ilford Ltd. forge a new direction in this modern development, but made the very name of the town well-known across the world.

Other commerce in the town was adapting to helping in the war effort during the First World War. The British Sopwith Triplane flew from 1917 and made several successful missions and indeed, many were manufactured by an Ilford company called Oakley, founded along the High Road itself.

The production of war materials continued on into the Second World War too. Plessey Limited created significant electrical apparatuses to be used at the airfields around the country. Its manufacture of this was so essential for the war effort, that most of the workforce was actually relocated to a disused railway tunnel, which later became a section of the Central Line.

Esteemed companies that began life in Ilford include, Howards Ltd, Plessey Radio and Television Company, Kelvin Hughes and the famed Ilford Photographic Company. The latter is now Ilford Imaging and is a multinational enterprise, possibly most well-known for the black and white photographic stock for sale in chains such as Boots. Starting from 1879, when Alfred Hugh Harman formed his company from the basement of his home on the corner of Cranbrook Road and Park Avenue, the demand for his products had soon grown their surroundings. He set up down Roden Street, and traded as the Britannia Works Company, which would become Ilford Ltd.

In 1870, as a wedding gift, one Dr. Barnardo was presented some land on a 15 year rent-free lease. This is how what would become the Dr Barnardo's Village Homes for Girls began life in Ilford. Taking in 6 girls originally, this soon rose to over 60. He concluded however, that this amount of girls under one roof was not in their best interests, so he bought some connecting land and shaped distinct dwellings for them.

Ilford today is a captivating, multi-cultural side of East London which holds onto a large part of its Essex character and history. It retains it's marvellous, open spaces, like Valentines Park and Hainault Forest, as well as fostering commerce and growth of industry. This picture inside its history shows that there is much more to Ilford than you may think.

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