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Treadstone Law x Numero

Founded in Manchester in 2011 by Stuart Matthews, Treadstone Law represents clients across England and Wales. The firm specialises in personal injury and compensation claims, including road traffic accidents, medical negligence, housing disrepair and professional negligence.

Like many owners of smaller law firms, Stuart combines client work with the wider responsibilities of running the practice. Treadstone Law works with Numero to ensure its accounts and financial processes are managed consistently.

The Challenge

Treadstone Law previously employed an in-house legal cashier, but the firm’s accounts were regularly falling behind.

As the owner of the practice, Stuart remained ultimately responsible for ensuring the accounts were brought up to date, outstanding queries were resolved and the firm’s financial and regulatory responsibilities were met.

This placed additional demands on Stuart’s time alongside his client work and the day-to-day management of the firm. Treadstone Law needed a reliable legal cashiering service that could take responsibility for the complete accounts function while ensuring Stuart retained clear oversight of the firm’s finances.

The Solution

Treadstone Law outsourced its legal cashiering to Numero.

We now manage the firm’s day-to-day accounts and provide ongoing support throughout the week, at month end and during the year-end accounts process. Our work includes:

  • Posting client and office account transactions.
  • Advising the firm when funds are received.
  • Completing daily reconciliations and raising any queries promptly
  • Preparing weekly client-to-office transfers and calculating the VAT amounts to be transferred into the firm’s reserve account
  • Reviewing VAT liability weekly and completing quarterly returns.
  • Preparing monthly compliance and management reports.
  • Assisting with the year-end accounts process.

Treadstone Law has a dedicated legal cashier who understands the firm, its systems and the way Stuart prefers to work. This provides the familiarity of an in-house cashier while giving the firm access to the knowledge, capacity and continuity of the wider Numero team.

Queries are raised with Stuart as they arise, allowing him to retain control of the firm’s finances without needing to oversee every aspect of the accounts personally.

The Results

By outsourcing its legal cashiering to Numero, Treadstone Law now benefits from a consistent and fully supported accounts function. The principal benefits include:

More time for clients: Stuart can focus on fee-earning work and developing the firm rather than managing routine accounting tasks.

Consistent accounts: Transactions and reconciliations are completed daily, with queries raised promptly.

Clearer financial oversight: Weekly transfers, VAT calculations and reserve checks help Stuart monitor the firm’s financial position and liabilities.

Ongoing compliance support: Numero prepares the monthly SRA packs and supports the year-end accounts process, including responding to the accountant’s queries.

Flexible expertise: Treadstone Law has a dependable accounts function without the fixed cost and responsibility of managing an in-house cashier.

Outsourcing has provided Treadstone Law with a dependable accounts function that operates as an extension of the firm. Stuart retains oversight of the areas requiring his attention, while Numero manages the day-to-day detail and keeps the accounts moving.

"I contacted Numero as I had become concerned that my Bookkeeper had sadly become very ill and unable to do his job. They Immediately focused on my books and very quicky got to grips with them . Within a few weeks they had sorted everything out , at a reasonable charge . The service has always been first class , highly professional and with an excellent personal touch. I can whole heartedly recommend Numero and have done to several other firms."

Stuart Matthews, Owner of Treadstone Law

Let's work together.

If you’re ready for your daily accounting problems to be managed by someone else, let’s talk. Contact our team of legal cashiers and bookkeepers now – it’s time to start seeing results that will benefit your business.

0161 567 6767

info@numeroaccounts.com

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