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CHALLENGESCAREERS
Bishop Fleming - Award winning Chartered Accountants in Exeter, Bath, Bristol, Truro, Plymouth and Worcester. Leading provider of audit, accounting tax, wealth and advisory services. OUR PEOPLE | BISHOP FLEMING Emma Bishop. Corporate Tax Manager. 01905 732133. Email Emma Bishop. View profile. Nick Block. Corporate and Business Services Executive. 01872 247080. Email Nick Block. SPRING BUDGET 2021 AT A GLANCE Spring Budget 2021 key measures announced: UK economy should return to pre-COVID levels by mid 2022. Furlough scheme extended beyond its current date of 30 April 2021 to 30 September 2021, with workers continuing to receive 80% of their pay, capped at £2,500 per month. Employers will be asked for a contribution of 10% from July and 20% in COVID-19: MY AUDIT REPORT WAS QUALIFIED LAST YEAR BECAUSE ISA (UK) 710 states that if the auditor’s report on the prior period as previously issued included a qualified opinion and the matter which gave rise to the modification is unresolved, the auditor shall modify the auditor’s opinion on the current period’s financial statements.. The impact of a qualified audit report in relation to stock will result in further qualifications for the next COVID-19: HOW DO I CORRECTLY ACCOUNT FOR THE CORONAVIRUS The CJRS for furloughed employee’s reflects a government grant and should be accounted for under FRS 102 Section 24 ‘Government grants’. Under Section 24, entities will have the option whether to apply the accruals model or performance model to the grant and thismust be
BREXIT AND THE LABOUR MARKET The overall impact of Brexit on employment and the labour market will depend on economic factors as well as migration flows. The UK has already said that it will delay implementing full-scale border controls until July 2021, and will introduce these controls in three phases (starting in January 2021) due to the pressures alreadysuffered by
RIA BURRIDGE
Ria is an expert in audit and compliance services, working with clients across a wide range of corporate businesses in the South West and beyond. Her clients span several sectors and range from owner-managed businesses to large corporates. Ria has a strong commercial and technical background, having worked in both practiceand industry
HOW CAN I REDUCE MY VAT LIABILITY? Engaging with HMRC to resolve complex VAT issues following inspections etc. General VAT queries – VAT and cars, compliance and payments, agency, intermediaries, etc. Any member of our team will be happy to offer a free, no obligation discussion on how VAT affects your business and the range of services we can offer.CAROLINE SMALE
Caroline is now the Practice Assurance Partner for the firm, ensuring quality in all that we do. She understands the challenges of ensuring staff and clients alike get to grips with an ever-changing landscape of regulation and quality demands. Caroline is the Chair of ICAEW Practice Committee which represents ICAEW members in Practice. ACCOUNTING FOR GRANTS The charity may be perfectly happy with this, but where the grant is to be spent over several years it can make the accounts look very odd. If a charity receives a grant of £5million which it will spend over 5 years, then in its accounts it could be showing a £5millon surplus in year 1, as it has all the income but none of the expense HOME | BISHOP FLEMINGVISIT HUBVIEW HUBUPCOMING EVENTSYOURCHALLENGESCAREERS
Bishop Fleming - Award winning Chartered Accountants in Exeter, Bath, Bristol, Truro, Plymouth and Worcester. Leading provider of audit, accounting tax, wealth and advisory services. OUR PEOPLE | BISHOP FLEMING Emma Bishop. Corporate Tax Manager. 01905 732133. Email Emma Bishop. View profile. Nick Block. Corporate and Business Services Executive. 01872 247080. Email Nick Block. SPRING BUDGET 2021 AT A GLANCE Spring Budget 2021 key measures announced: UK economy should return to pre-COVID levels by mid 2022. Furlough scheme extended beyond its current date of 30 April 2021 to 30 September 2021, with workers continuing to receive 80% of their pay, capped at £2,500 per month. Employers will be asked for a contribution of 10% from July and 20% in COVID-19: MY AUDIT REPORT WAS QUALIFIED LAST YEAR BECAUSE ISA (UK) 710 states that if the auditor’s report on the prior period as previously issued included a qualified opinion and the matter which gave rise to the modification is unresolved, the auditor shall modify the auditor’s opinion on the current period’s financial statements.. The impact of a qualified audit report in relation to stock will result in further qualifications for the next COVID-19: HOW DO I CORRECTLY ACCOUNT FOR THE CORONAVIRUS The CJRS for furloughed employee’s reflects a government grant and should be accounted for under FRS 102 Section 24 ‘Government grants’. Under Section 24, entities will have the option whether to apply the accruals model or performance model to the grant and thismust be
BREXIT AND THE LABOUR MARKET The overall impact of Brexit on employment and the labour market will depend on economic factors as well as migration flows. The UK has already said that it will delay implementing full-scale border controls until July 2021, and will introduce these controls in three phases (starting in January 2021) due to the pressures alreadysuffered by
RIA BURRIDGE
Ria is an expert in audit and compliance services, working with clients across a wide range of corporate businesses in the South West and beyond. Her clients span several sectors and range from owner-managed businesses to large corporates. Ria has a strong commercial and technical background, having worked in both practiceand industry
HOW CAN I REDUCE MY VAT LIABILITY? Engaging with HMRC to resolve complex VAT issues following inspections etc. General VAT queries – VAT and cars, compliance and payments, agency, intermediaries, etc. Any member of our team will be happy to offer a free, no obligation discussion on how VAT affects your business and the range of services we can offer.CAROLINE SMALE
Caroline is now the Practice Assurance Partner for the firm, ensuring quality in all that we do. She understands the challenges of ensuring staff and clients alike get to grips with an ever-changing landscape of regulation and quality demands. Caroline is the Chair of ICAEW Practice Committee which represents ICAEW members in Practice. ACCOUNTING FOR GRANTS The charity may be perfectly happy with this, but where the grant is to be spent over several years it can make the accounts look very odd. If a charity receives a grant of £5million which it will spend over 5 years, then in its accounts it could be showing a £5millon surplus in year 1, as it has all the income but none of the expense OUR PEOPLE | BISHOP FLEMING Emma Bishop. Corporate Tax Manager. 01905 732133. Email Emma Bishop. View profile. Nick Block. Corporate and Business Services Executive. 01872 247080. Email Nick Block. SPRING BUDGET 2021 AT A GLANCE Spring Budget 2021 announcements made on 3 March 2021.. Delayed from autumn 2020, Chancellor Rishi Sunak's bounce back Budget is set against a backdrop of jabs and jobs support, and continuing COVID spending as we take four steps to emerge from a third lockdown.. Key takeaways are: extensions to the furlough scheme and the Self-Employed Income Support scheme (SEISS), and KEY INCOME STREAMS AND MONITORING OF FUNDS Each year there are new or variations to existing income streams, the T&C’s of which need to be carefully monitored by Trusts to ensure they remain compliant with the spending regulations. VAT AND THE IMPORT ONE STOP SHOP The way we do business changes on a daily basis, and at every stage domestic and international tax legislation plays catch-up. Nevermore so with e-commerce, and the increase of online shopping fuelled by the Corona Virus Pandemic.A PAINLESS AUDIT
The aim of this blog is to share some hints and tips with you as to how you can make your year end audit easier and more efficient, and less stressful for all involved. THE HIGH COST OF TRADING DURING A PANDEMIC One of the few businesses that have remained open during the pandemic are supermarkets. They sell a large range of goods, and by stockingand selling
UK TRADE SETS SAIL FOR THE PACIFIC With the dust still settling in respect of Brexit, the UK Department for International Trade (DIT) has been busy progressing plans to join a new Pacific wide trading arrangement. TIPS FOR WRITING YOUR TRUSTEES AND GOVERNANCE REPORTS In your annual accounts, these reports are absolutely key to communicating to wider stakeholders what has happened in the year andyour achievements.
G7 GLOBAL TAX ACCORD The G7 has agreed to back an historic agreement on global tax reform for international companies. What had led to this and what does it mean? When George Osborne took over as Chancellor of the Exchequer in 2010, he decreed that he would make the UK the most tax competitiveenvironment in
CORPORATE FINANCE DEAL Bishop Fleming have advised leading independent records management business Secure Data Management on its acquisition of The Chatham Archive and Document Storage Company. HOME | BISHOP FLEMINGVISIT HUBVIEW HUBUPCOMING EVENTSYOURCHALLENGESCAREERS
Bishop Fleming - Award winning Chartered Accountants in Exeter, Bath, Bristol, Truro, Plymouth and Worcester. Leading provider of audit, accounting tax, wealth and advisory services. OUR PEOPLE | BISHOP FLEMING Emma Bishop. Corporate Tax Manager. 01905 732133. Email Emma Bishop. View profile. Nick Block. Corporate and Business Services Executive. 01872 247080. Email Nick Block. SPRING BUDGET 2021 AT A GLANCE Spring Budget 2021 key measures announced: UK economy should return to pre-COVID levels by mid 2022. Furlough scheme extended beyond its current date of 30 April 2021 to 30 September 2021, with workers continuing to receive 80% of their pay, capped at £2,500 per month. Employers will be asked for a contribution of 10% from July and 20% in COVID-19: MY AUDIT REPORT WAS QUALIFIED LAST YEAR BECAUSE ISA (UK) 710 states that if the auditor’s report on the prior period as previously issued included a qualified opinion and the matter which gave rise to the modification is unresolved, the auditor shall modify the auditor’s opinion on the current period’s financial statements.. The impact of a qualified audit report in relation to stock will result in further qualifications for the next COVID-19: HOW DO I CORRECTLY ACCOUNT FOR THE CORONAVIRUS The CJRS for furloughed employee’s reflects a government grant and should be accounted for under FRS 102 Section 24 ‘Government grants’. Under Section 24, entities will have the option whether to apply the accruals model or performance model to the grant and thismust be
BREXIT AND THE LABOUR MARKET The overall impact of Brexit on employment and the labour market will depend on economic factors as well as migration flows. The UK has already said that it will delay implementing full-scale border controls until July 2021, and will introduce these controls in three phases (starting in January 2021) due to the pressures alreadysuffered by
HOW CAN I REDUCE MY VAT LIABILITY? Engaging with HMRC to resolve complex VAT issues following inspections etc. General VAT queries – VAT and cars, compliance and payments, agency, intermediaries, etc. Any member of our team will be happy to offer a free, no obligation discussion on how VAT affects your business and the range of services we can offer. COVID-19: SHOULD I PAY ALL MY CONTRACTS UNDER THE There is detailed guidance in the PPN which can be found here and further guidance in the FAQs which can be found here. The overview is that the supplier being paid by the academy must be able to deliver in full as set out in the contract when required by the academy –RIA BURRIDGE
Ria is an expert in audit and compliance services, working with clients across a wide range of corporate businesses in the South West and beyond. Her clients span several sectors and range from owner-managed businesses to large corporates. Ria has a strong commercial and technical background, having worked in both practiceand industry
ACCOUNTING FOR GRANTS The charity may be perfectly happy with this, but where the grant is to be spent over several years it can make the accounts look very odd. If a charity receives a grant of £5million which it will spend over 5 years, then in its accounts it could be showing a £5millon surplus in year 1, as it has all the income but none of the expense HOME | BISHOP FLEMINGVISIT HUBVIEW HUBUPCOMING EVENTSYOURCHALLENGESCAREERS
Bishop Fleming - Award winning Chartered Accountants in Exeter, Bath, Bristol, Truro, Plymouth and Worcester. Leading provider of audit, accounting tax, wealth and advisory services. OUR PEOPLE | BISHOP FLEMING Emma Bishop. Corporate Tax Manager. 01905 732133. Email Emma Bishop. View profile. Nick Block. Corporate and Business Services Executive. 01872 247080. Email Nick Block. SPRING BUDGET 2021 AT A GLANCE Spring Budget 2021 key measures announced: UK economy should return to pre-COVID levels by mid 2022. Furlough scheme extended beyond its current date of 30 April 2021 to 30 September 2021, with workers continuing to receive 80% of their pay, capped at £2,500 per month. Employers will be asked for a contribution of 10% from July and 20% in COVID-19: MY AUDIT REPORT WAS QUALIFIED LAST YEAR BECAUSE ISA (UK) 710 states that if the auditor’s report on the prior period as previously issued included a qualified opinion and the matter which gave rise to the modification is unresolved, the auditor shall modify the auditor’s opinion on the current period’s financial statements.. The impact of a qualified audit report in relation to stock will result in further qualifications for the next COVID-19: HOW DO I CORRECTLY ACCOUNT FOR THE CORONAVIRUS The CJRS for furloughed employee’s reflects a government grant and should be accounted for under FRS 102 Section 24 ‘Government grants’. Under Section 24, entities will have the option whether to apply the accruals model or performance model to the grant and thismust be
BREXIT AND THE LABOUR MARKET The overall impact of Brexit on employment and the labour market will depend on economic factors as well as migration flows. The UK has already said that it will delay implementing full-scale border controls until July 2021, and will introduce these controls in three phases (starting in January 2021) due to the pressures alreadysuffered by
HOW CAN I REDUCE MY VAT LIABILITY? Engaging with HMRC to resolve complex VAT issues following inspections etc. General VAT queries – VAT and cars, compliance and payments, agency, intermediaries, etc. Any member of our team will be happy to offer a free, no obligation discussion on how VAT affects your business and the range of services we can offer. COVID-19: SHOULD I PAY ALL MY CONTRACTS UNDER THE There is detailed guidance in the PPN which can be found here and further guidance in the FAQs which can be found here. The overview is that the supplier being paid by the academy must be able to deliver in full as set out in the contract when required by the academy –RIA BURRIDGE
Ria is an expert in audit and compliance services, working with clients across a wide range of corporate businesses in the South West and beyond. Her clients span several sectors and range from owner-managed businesses to large corporates. Ria has a strong commercial and technical background, having worked in both practiceand industry
ACCOUNTING FOR GRANTS The charity may be perfectly happy with this, but where the grant is to be spent over several years it can make the accounts look very odd. If a charity receives a grant of £5million which it will spend over 5 years, then in its accounts it could be showing a £5millon surplus in year 1, as it has all the income but none of the expense OUR PEOPLE | BISHOP FLEMING Emma Bishop. Corporate Tax Manager. 01905 732133. Email Emma Bishop. View profile. Nick Block. Corporate and Business Services Executive. 01872 247080. Email Nick Block. HOME | BISHOP FLEMING Our Employer Solutions Knowledge Hub is now live! We officially launch our Employer Solutions service line - helping you attract and retain talent for your business and ensuring you are maximising value for you and your team. Visit Hub. Our Bristol office has moved! Our newBristol office is
KEY INCOME STREAMS AND MONITORING OF FUNDS Each year there are new or variations to existing income streams, the T&C’s of which need to be carefully monitored by Trusts to ensure they remain compliant with the spending regulations.A PAINLESS AUDIT
The aim of this blog is to share some hints and tips with you as to how you can make your year end audit easier and more efficient, and less stressful for all involved. VAT AND THE IMPORT ONE STOP SHOP The way we do business changes on a daily basis, and at every stage domestic and international tax legislation plays catch-up. Nevermore so with e-commerce, and the increase of online shopping fuelled by the Corona Virus Pandemic. TIPS FOR WRITING YOUR TRUSTEES AND GOVERNANCE REPORTS In your annual accounts, these reports are absolutely key to communicating to wider stakeholders what has happened in the year andyour achievements.
UK TRADE SETS SAIL FOR THE PACIFIC With the dust still settling in respect of Brexit, the UK Department for International Trade (DIT) has been busy progressing plans to join a new Pacific wide trading arrangement. THE HIGH COST OF TRADING DURING A PANDEMIC One of the few businesses that have remained open during the pandemic are supermarkets. They sell a large range of goods, and by stockingand selling
G7 GLOBAL TAX ACCORD The G7 has agreed to back an historic agreement on global tax reform for international companies. What had led to this and what does it mean? When George Osborne took over as Chancellor of the Exchequer in 2010, he decreed that he would make the UK the most tax competitiveenvironment in
CORPORATE FINANCE DEAL Bishop Fleming have advised leading independent records management business Secure Data Management on its acquisition of The Chatham Archive and Document Storage Company. HOME | BISHOP FLEMINGVISIT HUBVIEW HUBUPCOMING EVENTSYOURCHALLENGESCAREERS
Bishop Fleming - Award winning Chartered Accountants in Exeter, Bath, Bristol, Truro, Plymouth and Worcester. Leading provider of audit, accounting tax, wealth and advisory services. OUR PEOPLE | BISHOP FLEMING Emma Bishop. Corporate Tax Manager. 01905 732133. Email Emma Bishop. View profile. Nick Block. Corporate and Business Services Executive. 01872 247080. Email Nick Block. SPRING BUDGET 2021 AT A GLANCE Spring Budget 2021 key measures announced: UK economy should return to pre-COVID levels by mid 2022. Furlough scheme extended beyond its current date of 30 April 2021 to 30 September 2021, with workers continuing to receive 80% of their pay, capped at £2,500 per month. Employers will be asked for a contribution of 10% from July and 20% in COVID-19: MY AUDIT REPORT WAS QUALIFIED LAST YEAR BECAUSE ISA (UK) 710 states that if the auditor’s report on the prior period as previously issued included a qualified opinion and the matter which gave rise to the modification is unresolved, the auditor shall modify the auditor’s opinion on the current period’s financial statements.. The impact of a qualified audit report in relation to stock will result in further qualifications for the next COVID-19: HOW DO I CORRECTLY ACCOUNT FOR THE CORONAVIRUS The CJRS for furloughed employee’s reflects a government grant and should be accounted for under FRS 102 Section 24 ‘Government grants’. Under Section 24, entities will have the option whether to apply the accruals model or performance model to the grant and thismust be
ALLISON ALLINGTON
Allison is an expert in Corporate and Business Services, working primarily with owner managed businesses. As a Chartered Accountant and Chartered Tax Adviser, she has over a decade of experience in advising clients on their business tax, personal tax,RIA BURRIDGE
Ria is an expert in audit and compliance services, working with clients across a wide range of corporate businesses in the South West and beyond. Her clients span several sectors and range from owner-managed businesses to large corporates. Ria has a strong commercial and technical background, having worked in both practiceand industry
HOW CAN I REDUCE MY VAT LIABILITY? Engaging with HMRC to resolve complex VAT issues following inspections etc. General VAT queries – VAT and cars, compliance and payments, agency, intermediaries, etc. Any member of our team will be happy to offer a free, no obligation discussion on how VAT affects your business and the range of services we can offer. HOW TO ACHIEVE CENTRALISATION AND GAG POOLING How to achieve centralisation and GAG pooling. 10th January 2021. Here at Bishop Fleming we understand the difficulties a multi academy trust may experience when trying to centralise its finance function. We can help you with this journey. Schools will join a ACCOUNTING FOR GRANTS The charity may be perfectly happy with this, but where the grant is to be spent over several years it can make the accounts look very odd. If a charity receives a grant of £5million which it will spend over 5 years, then in its accounts it could be showing a £5millon surplus in year 1, as it has all the income but none of the expense HOME | BISHOP FLEMINGVISIT HUBVIEW HUBUPCOMING EVENTSYOURCHALLENGESCAREERS
Bishop Fleming - Award winning Chartered Accountants in Exeter, Bath, Bristol, Truro, Plymouth and Worcester. Leading provider of audit, accounting tax, wealth and advisory services. OUR PEOPLE | BISHOP FLEMING Emma Bishop. Corporate Tax Manager. 01905 732133. Email Emma Bishop. View profile. Nick Block. Corporate and Business Services Executive. 01872 247080. Email Nick Block. SPRING BUDGET 2021 AT A GLANCE Spring Budget 2021 key measures announced: UK economy should return to pre-COVID levels by mid 2022. Furlough scheme extended beyond its current date of 30 April 2021 to 30 September 2021, with workers continuing to receive 80% of their pay, capped at £2,500 per month. Employers will be asked for a contribution of 10% from July and 20% in COVID-19: MY AUDIT REPORT WAS QUALIFIED LAST YEAR BECAUSE ISA (UK) 710 states that if the auditor’s report on the prior period as previously issued included a qualified opinion and the matter which gave rise to the modification is unresolved, the auditor shall modify the auditor’s opinion on the current period’s financial statements.. The impact of a qualified audit report in relation to stock will result in further qualifications for the next COVID-19: HOW DO I CORRECTLY ACCOUNT FOR THE CORONAVIRUS The CJRS for furloughed employee’s reflects a government grant and should be accounted for under FRS 102 Section 24 ‘Government grants’. Under Section 24, entities will have the option whether to apply the accruals model or performance model to the grant and thismust be
ALLISON ALLINGTON
Allison is an expert in Corporate and Business Services, working primarily with owner managed businesses. As a Chartered Accountant and Chartered Tax Adviser, she has over a decade of experience in advising clients on their business tax, personal tax,RIA BURRIDGE
Ria is an expert in audit and compliance services, working with clients across a wide range of corporate businesses in the South West and beyond. Her clients span several sectors and range from owner-managed businesses to large corporates. Ria has a strong commercial and technical background, having worked in both practiceand industry
HOW CAN I REDUCE MY VAT LIABILITY? Engaging with HMRC to resolve complex VAT issues following inspections etc. General VAT queries – VAT and cars, compliance and payments, agency, intermediaries, etc. Any member of our team will be happy to offer a free, no obligation discussion on how VAT affects your business and the range of services we can offer. HOW TO ACHIEVE CENTRALISATION AND GAG POOLING How to achieve centralisation and GAG pooling. 10th January 2021. Here at Bishop Fleming we understand the difficulties a multi academy trust may experience when trying to centralise its finance function. We can help you with this journey. Schools will join a ACCOUNTING FOR GRANTS The charity may be perfectly happy with this, but where the grant is to be spent over several years it can make the accounts look very odd. If a charity receives a grant of £5million which it will spend over 5 years, then in its accounts it could be showing a £5millon surplus in year 1, as it has all the income but none of the expense PAYROLL | SERVICES | BISHOP FLEMING We provide payroll services and auto enrolment services to over 900 public and private sector organisations. Our payroll service clients are located throughout the UK and include trading businesses, charities, academy and non-academy schools, and public sectororganisations.
KEY INCOME STREAMS AND MONITORING OF FUNDS Each year there are new or variations to existing income streams, the T&C’s of which need to be carefully monitored by Trusts to ensure they remain compliant with the spending regulations.A PAINLESS AUDIT
The aim of this blog is to share some hints and tips with you as to how you can make your year end audit easier and more efficient, and less stressful for all involved. BREXIT AND THE LABOUR MARKET The overall impact of Brexit on employment and the labour market will depend on economic factors as well as migration flows. The UK has already said that it will delay implementing full-scale border controls until July 2021, and will introduce these controls in three phases (starting in January 2021) due to the pressures alreadysuffered by
THE HIGH COST OF TRADING DURING A PANDEMIC One of the few businesses that have remained open during the pandemic are supermarkets. They sell a large range of goods, and by stockingand selling
TIPS FOR WRITING YOUR TRUSTEES AND GOVERNANCE REPORTS In your annual accounts, these reports are absolutely key to communicating to wider stakeholders what has happened in the year andyour achievements.
G7 GLOBAL TAX ACCORD The G7 has agreed to back an historic agreement on global tax reform for international companies. What had led to this and what does it mean? When George Osborne took over as Chancellor of the Exchequer in 2010, he decreed that he would make the UK the most tax competitiveenvironment in
OPENING THE DOOR ON HOSPITALITY: HUBBOX The 17th May was significant not only for the full reopening of indoor dining, but also was the same week that Hub Box opened its new site inFalmouth, making it
CORPORATE FINANCE DEAL Bishop Fleming have advised leading independent records management business Secure Data Management on its acquisition of The Chatham Archive and Document Storage Company. CORPORATE FINANCE DEAL Bishop Fleming advise the shareholders on the sale of mechanical and electrical maintenance provider, Acorn Engineering Group to Cambridge Maintenance Services. HOME | BISHOP FLEMINGVISIT HUBVIEW HUBUPCOMING EVENTSYOURCHALLENGESCAREERS
Bishop Fleming - Award winning Chartered Accountants in Exeter, Bath, Bristol, Truro, Plymouth and Worcester. Leading provider of audit, accounting tax, wealth and advisory services. OUR PEOPLE | BISHOP FLEMINGBISHOP FLEMING UKEMILY FLEMING FACEBOOKEMILY FLEMING HEIGHTEMILY FLEMING INSTAGRAMEMILY FLEMING OBITUARYMICHAEL FLEMING FACEBOOK Emma Bishop. Corporate Tax Manager. 01905 732133. Email Emma Bishop. View profile. Nick Block. Corporate and Business Services Executive. 01872 247080. Email Nick Block. CLIENT PORTAL, CASEWARE CLOUD AND CREDITOR PORTAL SIGN INFLEMING COLLEGE PORTAL SIGN INFLEMING COLLEGE PORTALFLEMING MY PORTALD2L FLEMINGMYCAMPUS FLEMINGMYCAMPUS PORTAL FLEMING COLLEGE Our Client Portal allows you to digitally sign documents and so speeds up the process of approving documents. The process of registering on our Client Portal is very simple and occurs at the point we send you a document for the first time. Once set-up this account will CAREERS | INSIGHTS | BISHOP FLEMING Visit our careers page for current vacancies, life at Bishop Fleming and hints and tips for starting your career. COVID-19: MY AUDIT REPORT WAS QUALIFIED LAST YEAR BECAUSE ISA (UK) 710 states that if the auditor’s report on the prior period as previously issued included a qualified opinion and the matter which gave rise to the modification is unresolved, the auditor shall modify the auditor’s opinion on the current period’s financial statements.. The impact of a qualified audit report in relation to stock will result in further qualifications for the next COVID-19: HOW DO I CORRECTLY ACCOUNT FOR THE CORONAVIRUS The CJRS for furloughed employee’s reflects a government grant and should be accounted for under FRS 102 Section 24 ‘Government grants’. Under Section 24, entities will have the option whether to apply the accruals model or performance model to the grant and thismust be
COVID-19: SHOULD I PAY ALL MY CONTRACTS UNDER THE There is detailed guidance in the PPN which can be found here and further guidance in the FAQs which can be found here. The overview is that the supplier being paid by the academy must be able to deliver in full as set out in the contract when required by the academy –ALLISON ALLINGTON
Allison is an expert in Corporate and Business Services, working primarily with owner managed businesses. As a Chartered Accountant and Chartered Tax Adviser, she has over a decade of experience in advising clients on their business tax, personal tax,RIA BURRIDGE
Ria is an expert in audit and compliance services, working with clients across a wide range of corporate businesses in the South West and beyond. Her clients span several sectors and range from owner-managed businesses to large corporates. Ria has a strong commercial and technical background, having worked in both practiceand industry
ACCOUNTING FOR GRANTS The charity may be perfectly happy with this, but where the grant is to be spent over several years it can make the accounts look very odd. If a charity receives a grant of £5million which it will spend over 5 years, then in its accounts it could be showing a £5millon surplus in year 1, as it has all the income but none of the expense HOME | BISHOP FLEMINGVISIT HUBVIEW HUBUPCOMING EVENTSYOURCHALLENGESCAREERS
Bishop Fleming - Award winning Chartered Accountants in Exeter, Bath, Bristol, Truro, Plymouth and Worcester. Leading provider of audit, accounting tax, wealth and advisory services. OUR PEOPLE | BISHOP FLEMINGBISHOP FLEMING UKEMILY FLEMING FACEBOOKEMILY FLEMING HEIGHTEMILY FLEMING INSTAGRAMEMILY FLEMING OBITUARYMICHAEL FLEMING FACEBOOK Emma Bishop. Corporate Tax Manager. 01905 732133. Email Emma Bishop. View profile. Nick Block. Corporate and Business Services Executive. 01872 247080. Email Nick Block. CLIENT PORTAL, CASEWARE CLOUD AND CREDITOR PORTAL SIGN INFLEMING COLLEGE PORTAL SIGN INFLEMING COLLEGE PORTALFLEMING MY PORTALD2L FLEMINGMYCAMPUS FLEMINGMYCAMPUS PORTAL FLEMING COLLEGE Our Client Portal allows you to digitally sign documents and so speeds up the process of approving documents. The process of registering on our Client Portal is very simple and occurs at the point we send you a document for the first time. Once set-up this account will CAREERS | INSIGHTS | BISHOP FLEMING Visit our careers page for current vacancies, life at Bishop Fleming and hints and tips for starting your career. COVID-19: MY AUDIT REPORT WAS QUALIFIED LAST YEAR BECAUSE ISA (UK) 710 states that if the auditor’s report on the prior period as previously issued included a qualified opinion and the matter which gave rise to the modification is unresolved, the auditor shall modify the auditor’s opinion on the current period’s financial statements.. The impact of a qualified audit report in relation to stock will result in further qualifications for the next COVID-19: HOW DO I CORRECTLY ACCOUNT FOR THE CORONAVIRUS The CJRS for furloughed employee’s reflects a government grant and should be accounted for under FRS 102 Section 24 ‘Government grants’. Under Section 24, entities will have the option whether to apply the accruals model or performance model to the grant and thismust be
COVID-19: SHOULD I PAY ALL MY CONTRACTS UNDER THE There is detailed guidance in the PPN which can be found here and further guidance in the FAQs which can be found here. The overview is that the supplier being paid by the academy must be able to deliver in full as set out in the contract when required by the academy –ALLISON ALLINGTON
Allison is an expert in Corporate and Business Services, working primarily with owner managed businesses. As a Chartered Accountant and Chartered Tax Adviser, she has over a decade of experience in advising clients on their business tax, personal tax,RIA BURRIDGE
Ria is an expert in audit and compliance services, working with clients across a wide range of corporate businesses in the South West and beyond. Her clients span several sectors and range from owner-managed businesses to large corporates. Ria has a strong commercial and technical background, having worked in both practiceand industry
ACCOUNTING FOR GRANTS The charity may be perfectly happy with this, but where the grant is to be spent over several years it can make the accounts look very odd. If a charity receives a grant of £5million which it will spend over 5 years, then in its accounts it could be showing a £5millon surplus in year 1, as it has all the income but none of the expense OUR PEOPLE | BISHOP FLEMING Emma Bishop. Corporate Tax Manager. 01905 732133. Email Emma Bishop. View profile. Nick Block. Corporate and Business Services Executive. 01872 247080. Email Nick Block. SPRING BUDGET 2021 AT A GLANCE Spring Budget 2021 key measures announced: UK economy should return to pre-COVID levels by mid 2022. Furlough scheme extended beyond its current date of 30 April 2021 to 30 September 2021, with workers continuing to receive 80% of their pay, capped at £2,500 per month. Employers will be asked for a contribution of 10% from July and 20% in DIVERSITY AND INCLUSION Diversity is all about the mix of people we have in the firm – and the differences they bring to the firm. We already have 350 or so people who are completely different, with each one bringing something unique to the collective mix. A fundamental principle of making D&I work for all of us, is to respect each other whilst celebrating our CORPORATE SOCIAL RESPONSIBILITY For our business, Corporate Social Responsibility (CSR) is about how we manage our business to produce an overall positive impact on the society within which we operate. Every year, our business and our people deliver a huge range of activities, projects, events, work and fundraising opportunities that fall within a CSR umbrella. HOW TO ACHIEVE CENTRALISATION AND GAG POOLING How to achieve centralisation and GAG pooling. 10th January 2021. Here at Bishop Fleming we understand the difficulties a multi academy trust may experience when trying to centralise its finance function. We can help you with this journey. Schools will join a BENEFIT IN KIND EXEMPTIONS This exemption can cover gifts to staff for occasions such as Christmas or birthdays, as well as small ad hoc benefits during the year. If a benefit costs in excess of £50, the entire amount would be chargeable as a benefit in kind, unless another exemption applied. There is no limit to the number of trivial benefits an employee ordirector
CORPORATE FINANCE DEAL Bishop Fleming advise the shareholders on the sale of mechanical and electrical maintenance provider, Acorn Engineering Group to Cambridge Maintenance Services.BREXIT GUIDES
Brexit Guides - B2C supplies to customers in the EU after 1 January 2021. 10th September 2020. During the period up to 31 December 2020, while the UK is still a member of the EU customs union, single market and VAT area, where goods are sent from the UK to consumer customers in the EU, the seller is able to account for VAT either through a UKDAVID BUTLER
David is a very experienced audit and assurance partner who specialises in both owner managed businesses and not for profits. He has a track record of providing relevant and pragmatic advice to his clients not only on compliance matters but also in strategic planning and decision making. David heads up Bishop Fleming‘s charity and notfor
DAVID ABBOTT
David is an expert in advising owner-managed and family businesses on strategic, financing and ownership issues. For nearly 30 years he has successfully advised clients across a broad range of sectors (including leisure, rail, financial services and construction) and he has significant experience of dealing with listed companies as well as WE VALUE YOUR PRIVACY We and our partners store and/or access information on a device, such as cookies and process personal data, such as unique identifiers and standard information sent by a device for personalised ads and content, ad and content measurement, and audience insights, as well as to develop and improve products. With your permission we and our partners may use precise geolocation data and identification through device scanning. You may click to consent to our and our partners’ processing as described above. Alternatively you may access more detailed information and change your preferences before consenting or to refuse consenting. Please note that some processing of your personal data may not require your consent, but you have a right to object to such processing. Your preferences will apply to this website only. You can change your preferences at any time by returning to this site or visit our privacypolicy.
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Corporate Social Responsibility is at the heart of everything we do. Visit our CSR Hub to find out more.Visit our CSR Hub
OUR EMPLOYER SOLUTIONS KNOWLEDGE HUB IS NOW LIVE! WE OFFICIALLY LAUNCH OUR EMPLOYER SOLUTIONS SERVICE LINE - HELPING YOU ATTRACT AND RETAIN TALENT FOR YOUR BUSINESS AND ENSURING YOU ARE MAXIMISING VALUE FOR YOU AND YOUR TEAM.Visit Hub
OUR BRISTOL OFFICE HAS MOVED! OUR NEW BRISTOL OFFICE IS NOW AT 10 TEMPLE BACK. FIND THE CONTACT DETAILS AND DIRECTIONS HERE.Contact details
Business after COVID-19: Transition Knowledge Hub Help and guidance to help you prepare for business after Covid-19View Hub
Upcoming events for your diary Join us for a range of webinar events, each with a panel of experts providing advice and guidance on the ongoing situation.Upcoming Events
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WHEN DO I PAY INHERITANCE TAX? HOW SOON CAN I CLEAR A PROPERTY IN AN ESTATE? HOW SOON CAN I SELL A PROPERTY AFTER SOMEONE HAS DIED? WHAT IF SOMEONE HAS DIED IN THE MIDDLE OF SELLING THEIR PROPERTY? I NEED HELP WITH ESTATE PLANNING AND PROBATE COVID-19: WILL HMRC BE LENIENT WHEN IT COMES TO LATE TAX FILINGS ORPAYMENTS?
HOW CAN I RAISE FINANCE FOR MY BUSINESS? COVID-19: WHAT IF I CANNOT PAY HMRC? WHAT PAYE CODE DO I USE? COVID-19: WHAT IS THE VAT EFFECT OF CHANGING TO SELLING TAKEAWAYFOOD?
WHAT IS THE DIFFERENCE BETWEEN NATIONAL MINIMUM WAGE, THE NATIONAL LIVING WAGE AND THE VOLUNTARY LIVING WAGE? COVID-19: WHAT IS THE CORONAVIRUS BUSINESS INTERRUPTION SCHEME ANDHOW DO I APPLY?
WHY DO I NEED AN AUDIT? COVID-19: WHAT GOVERNMENT GRANTS ARE THERE AND HOW DO I APPLY? To use our interactive tool to see how we can help you or your business - Click hereKNOWLEDGE HUBS
Knowledge Hub
RESTRUCTURING KNOWLEDGE HUB Welcome to the Restructuring Knowledge Hub, which curates all of our insights and expertise together in one place.Knowledge Hub
CHARITY AND NOT FOR PROFIT KNOWLEDGE HUB Welcome to the Charity and Not for Profit Knowledge Hub, which curates all of our insights and expertise together in one place.Knowledge Hub
PAYROLL KNOWLEDGE HUB Welcome to the Payroll Services Hub where our dedicated relationship driven team provide comprehensive guidance and advice covering the latest news and regularity updates.Knowledge Hub
INTERNATIONAL ADVISORY KNOWLEDGE HUB Our International Advisory Knowledge Hub provides all the latest news, views and information for the International Advisory sector.Knowledge Hub
EMPLOYER SOLUTIONS KNOWLEDGE HUB Welcome to the Employer Solutions Knowledge Hub, which curates all of our insights and expertise together in one place.Knowledge Hub
BUSINESS AFTER COVID-19: TRANSITION We know that, now more than ever, our clients need help and guidance to navigate through this turbulent time. We are here to support you with the resources, advice and information you need to manage yourbusiness.
Knowledge Hub
TECHNOLOGY, INNOVATION & GROWTH KNOWLEDGE HUB Welcome to the Technology, Innovation & Growth Knowledge Hub, which curates all of our insights and expertise together in one place.Knowledge Hub
MANUFACTURING KNOWLEDGE HUB Welcome to the Manufacturing Knowledge Hub, providing ambitious manufacturing businesses with relevant sector insights.Knowledge Hub
INDEPENDENT FINANCIAL ADVICE KNOWLEDGE HUB Welcome to the Bishop Fleming Independent Financial Advice KnowledgeHub.
Knowledge Hub
CORONAVIRUS KNOWLEDGE HUB We know that our clients are going to require additional assistance through this difficult period. We are available to work with you through this challenging time and have created this hub to curate and feature helpful guidance, resources and information to assist you.Knowledge Hub
HEALTHCARE KNOWLEDGE HUB Welcome to the Healthcare Knowledge Hub, which curates all of our insights and expertise together in one place.Knowledge Hub
FOOD & DRINK KNOWLEDGE HUB Welcome to the Food & Drink Knowledge Hub, providing ambitious food and drink businesses with collaborative insight that adds genuine and relevant value to growing businesses in our regions.Knowledge Hub
RESTRUCTURING KNOWLEDGE HUB Welcome to the Restructuring Knowledge Hub, which curates all of our insights and expertise together in one place.Knowledge Hub
CHARITY AND NOT FOR PROFIT KNOWLEDGE HUB Welcome to the Charity and Not for Profit Knowledge Hub, which curates all of our insights and expertise together in one place.Knowledge Hub
PAYROLL KNOWLEDGE HUB Welcome to the Payroll Services Hub where our dedicated relationship driven team provide comprehensive guidance and advice covering the latest news and regularity updates.Knowledge Hub
INTERNATIONAL ADVISORY KNOWLEDGE HUB Our International Advisory Knowledge Hub provides all the latest news, views and information for the International Advisory sector.Knowledge Hub
EMPLOYER SOLUTIONS KNOWLEDGE HUB Welcome to the Employer Solutions Knowledge Hub, which curates all of our insights and expertise together in one place.Knowledge Hub
BUSINESS AFTER COVID-19: TRANSITION We know that, now more than ever, our clients need help and guidance to navigate through this turbulent time. We are here to support you with the resources, advice and information you need to manage yourbusiness.
Knowledge Hub
TECHNOLOGY, INNOVATION & GROWTH KNOWLEDGE HUB Welcome to the Technology, Innovation & Growth Knowledge Hub, which curates all of our insights and expertise together in one place.Knowledge Hub
MANUFACTURING KNOWLEDGE HUB Welcome to the Manufacturing Knowledge Hub, providing ambitious manufacturing businesses with relevant sector insights.Knowledge Hub
INDEPENDENT FINANCIAL ADVICE KNOWLEDGE HUB Welcome to the Bishop Fleming Independent Financial Advice KnowledgeHub.
Knowledge Hub
CORONAVIRUS KNOWLEDGE HUB We know that our clients are going to require additional assistance through this difficult period. We are available to work with you through this challenging time and have created this hub to curate and feature helpful guidance, resources and information to assist you.Knowledge Hub
HEALTHCARE KNOWLEDGE HUB Welcome to the Healthcare Knowledge Hub, which curates all of our insights and expertise together in one place.Knowledge Hub
FOOD & DRINK KNOWLEDGE HUB Welcome to the Food & Drink Knowledge Hub, providing ambitious food and drink businesses with collaborative insight that adds genuine and relevant value to growing businesses in our regions.Knowledge Hub
RESTRUCTURING KNOWLEDGE HUB Welcome to the Restructuring Knowledge Hub, which curates all of our insights and expertise together in one place.Knowledge Hub
CHARITY AND NOT FOR PROFIT KNOWLEDGE HUB Welcome to the Charity and Not for Profit Knowledge Hub, which curates all of our insights and expertise together in one place.Knowledge Hub
PAYROLL KNOWLEDGE HUB Welcome to the Payroll Services Hub where our dedicated relationship driven team provide comprehensive guidance and advice covering the latest news and regularity updates.Knowledge Hub
INTERNATIONAL ADVISORY KNOWLEDGE HUB Our International Advisory Knowledge Hub provides all the latest news, views and information for the International Advisory sector.____
Visit all of our Knowledge Hubs - Click here WHAT OUR CLIENTS SAY I would like to thank you, and all at Bishop Fleming for all your help and support during the uncertain times we have all been through recently. I think it would be accurate to say that without Bishop Fleming we would have struggled badly, and possibly not managed to see the crisis through. Quite literally, you made the difference forus...!!
Phil Summers, Director, PJS Installations Ltd This month’s payroll has been particularly difficult and we really appreciate your help to get this finalised on time. As ever, you have gone the extra mile and more to help us. Thank you! Sarah Gluyas, Finance & Corporate Services Manager, WorcestershireCounty Cricket Club
Many thanks for this Governance Restructure report, it is clear, benchmarks high standards, and doesn't shy away from necessary and robust recommendations, exactly what was asked for. Paul Hougham, Wynstones The training (really) was tailored to the audience and wasn’t just a generic off the shelf model; it underlined the many facets of the Trustee role rather than simply continual referral to the DfE. I felt that it showed the multi layered elements of the role and the varying forms of legislation and coverage of responsibilities. It was a clear, direct and transparent session with no avoidance of the key messages that trustees face. As a head, it was so helpful to hear the language being used and the direction and support being signposted to theTrustees.
Hannah Smart, Headteacher, ACE Tiverton Special SchoolLATEST INSIGHTS
Event
__ Tue, 29/06/2021 MANAGING CHARITY PROPERTY Join us for our upcoming Charity & NFP webinar where specialists from Bishop Fleming, Stephens Scown and Bruton Knowles will discuss key issues affecting charities and their property during and following theCovid-19 pandemic.
Webinar
1st June 2021
INSIGHT INTO TECH NATION'S GROWTH PLATFORMS We speak to Tech Nation, a UK network for ambitious tech entrepreneurs. Tech Nation are running a series of programmes that are available for tech entrepreneurs.Factsheet
1st June 2021
A SPOTLIGHT ON GAG POOLING Following the recent announcement by Gavin Williamson at the Confederation of School Trusts conference that “The government’s vision is for every school to be part of a family of schools in a strong multi academy trust”, it is time for the sector to revisit the subject of GAG pooling.Testimonials
28th May 2021
SPACE ENGINEERING SERVICES - EMPLOYER SOLUTIONS Testimonial from Stephanie Andrews, Space Engineering Services on how our Employer Solutions Team has helped the company with its annual cycle of P11D preparation work.Event
__ Wed, 23/06/2021 THE IMPORTANCE OF DUE DILIGENCE FOR ACADEMY TRUSTS Bishop Fleming and VWV will be hosting a webinar, focusing on the importance of due diligence for academy trusts.Article
26th May 2021
PERMANENT CHANGE TO CLAIMING GIFT AID ON WAIVED REFUNDS AND LOANREPAYMENTS
HMRC's temporary concession allowing Gift Aid to be claimed where refunds for cancelled charity events were waived has now been madepermanent.
Article
25th May 2021
SURVIVING LOCKDOWN: THE STORY OF THREE CHALLENGER FOOD & DRINK BRANDS Angela Appiah Shippey met with 3 challenger food and drink brands bringing healthy innovative products to the consumer without compromising on taste or joy.Article
24th May 2021
RESTRUCTURING: MORE OPTIONS THAN YOU THINK However well you run your business, something can always go wrong. You cannot reverse what has happened, but you can choose how to respond, and there may be more options than you think.OUR SECTORS
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