With the Brexit Referendum moving closer, we can expect a highly politically influenced Budget next week, when Chancellor George Osborne announces the Government’s plans for the economy based on the latest forecasts from the Office for Budget Responsibility (OBR) as well as his tax change proposals for the following financial year.
John Endacott, Head of Tax at Francis Clark and former Tax Writer of the Year, thinks the Chancellor has some tough decisions to make in the face of reduced growth predictions and lower tax revenues. He said: “He has already dropped the revenue raising...
Audit limits are going up so more private companies will have the option to dispense with the annual audit, so should they? Whilst there can, for the right business, be significant benefits to becoming a limited company there have always been downsides and one of these is increased external scrutiny of the company finances. This is, if you like, part of the price to be paid for that “limited liability” enjoyed by the shareholders of such companies. The primary form of external scrutiny has for many years taken the form of an external audit which is undertaken by a firm of suitably...
Francis Clark’s annual Finance in the South West event, now in its 4th year running, will be taking place on Tuesday 23rd February from 08:00 to 14:00 at Exeter Racecourse.
The Seminar brings together specialists representing funding and business support available to businesses in the Heart of the South West LEP area. This year the keynote speaker will be Radio 4 business and economics journalist Jonty Bloom.
Research has indicated that there is a significant funding gap between funding available from traditional sources of funding and actual business requirements.
The NFU in association with Foot Anstey solicitors and Francis Clark accountants are holding three seminars around Devon to help provide NFU members with guidance and support on how best to avoid potential pitfalls that exist in running your farming business.
This is a great opportunity for NFU members to gain a competitive advantage, interrogate the experts…. and get a free meal thrown in! The following topics will be covered:
Francis Clark’s annual Finance in the South West event, now in its 4th year running, will be taking place on Tuesday 23rd February from 08:00 to 14:00 at Exeter Racecourse. The
Seminar brings together specialists representing funding and business support available to businesses in the Heart of the South West LEP area.
This year the keynote speaker will be Radio 4 business and economics journalist Jonty Bloom.
Research has indicated that there is a significant funding gap between funding available from traditional sources of funding and actual business requirements...
Francis Clark, the largest independent firm of Chartered Accountants in the South West, today announced a merger with Princecroft Willis, a leading Accountancy Practice in Dorset and Hampshire.
The merger will take place on 1 April 2016.
The newly merged firm will have a combined revenue of £38 million and a team of more than 580 people across nine offices, consolidating Francis Clark’s position as a leading accountancy and advisory firm in the South West.
Once completed, the merged firm will retain the name Francis Clark.
Chartered Accountants Francis Clark have announced that Declan Curry, the distinguished business and economics journalist and broadcaster, is to be the keynote speaker at the firm’s annual Finance in the South West seminar.
Declan Curry was the business presenter on the BBC’s breakfast TV for almost a decade. He presented his own regular programmes on BBC Two and Radio 5 Live, wrote documentaries for BBC Radio 4 and reported for programmes as diverse as “Panorama” and “The One Show”. The Finance in the South West seminar brings together people representing the funding and support...
Independent research by Experian has identified the award-winning corporate finance team at chartered accountants Francis Clark as the dominant financial adviser in the South West having almost doubled its deal volume over that achieved in 2013.
The Francis Clark team achieved 40 deals in 2014, more than the total volume of the next four South West corporate finance teams combined, which sees the firm jump 14 places in the national league table to 20th, the only non-Top 10 accounting practice to be included.
The Corporate team at Foot Anstey tops the South West Legal...
The latest trend in south west corporate activity is likely to be an increase in Family and Management Buy-Outs or FAMBOs.
FAMBOs are an efficient method of transferring company ownership between generations while allowing senior managers to be part of the buy-out team ensuring continuity of the family line and the retention of key operational skills.
According to Andrew Killick, an experienced FAMBO adviser with chartered accountants Francis Clark, this type of deal structure is very appropriate for many Westcountry businesses where owner/managed businesses predominate....
Francis Clark has been voted ‘Top 50 Corporate Finance Team of the Year’ at the 2014 British Accountancy Awards. This award seeks to recognise the corporate finance advice that has delivered the greatest measurable benefit to clients.
The entry into the British Accountancy Awards demonstrated the team’s innovative approach, including the creation of a private company valuation database (PERDa) that is now used by HMRC, and its track record of deals, such as the high profile Axminster Carpets management-buy-out. The development of an experienced and specialist renewables team was...
