Business

Accrual Accounting: Why Your Business Might Need it More than You Think

For many business owners, especially those starting out, accounting is an afterthought. Revenue goes in, expenses go out, and the hope is that there’s something left at the end. But as companies grow, the need for accurate financial insight becomes not just helpful—it becomes essential. That’s where accrual accounting comes into play.

While cash-based accounting might work for freelancers or micro-businesses, accrual accounting offers a far more complete and forward-looking picture of your company’s financial health. In fact, many mid-sized and large enterprises are legally...

Liv Butler

Liv Butler

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Accountants celebrate 350th anniversary of the Royal Marines

The partners and staff of Chartered Accountants Haines Watts held an event at Grange Exeter to commemorate the 100th anniversary of the First World War and to celebrate the 350th anniversary of the inception of The Royal Marines since their formation in 1664.

Over 100 members of the local business community attended the high-profile event in aid of The C Group charity, which seeks to inspire business to support Royal Marines in need. Held at the Jaguar and Aston Martin Dealership, Grange Exeter with supporting sponsor Bang & Olufsen, guests enjoyed wine and canapés and enjoyed...

Promotions at SW renewable energy firm

Authored by Gill Vosper
Posted: Fri, 05/23/2014 - 10:42am

A leading South West renewable energy installer has strengthened its management team with the appointment of two members of staff to its board.

Exeter-based Fair Energy has promoted former business manager Shirley Hill and finance manager Matthew Laing to board directors.

Matthew, a qualified accountant, joined Fair Energy in 2011 and brings to the role three years’ experience in the renewable energy industry and a further three years’ previous experience in the construction industry. Matthew, who has spent time shadowing various positions learning how each department works...

Exeter Family Friendly appoints Chief Actuary

Healthcare and protection insurer Exeter Family Friendly has appointed David Cobley as its Chief Actuary in a newly created role.

The Exeter based mutual, one of the leading providers of income protection and private medical insurance, has created the executive position to head up its pricing and actuarial function.

Commenting on the appointment, CEO Andy Chapman said:

“I’m delighted to welcome David to Exeter Family. His ability and considerable experience will make him a huge asset to our team going forward.”

Cobley is a Fellow of the Institute and Faculty...

Exeter-based finance firm in seven figure takeover

Authored by jiharper10
Posted: Thu, 05/22/2014 - 11:13am

Exeter-based Shipman Financial Planning is set to become one of the South West’s leading financial and investment specialists following a seven-figure buyout of a Guernsey firm.

The purchase means Shipman, whose Head Office is based in Exeter’s Southernhay quarter, can now offer financial planning and investment services almost unrivalled outside London.

Through its purchase of Oculus Investment Managers, a successful discretionary investment management company, Shipman FP will now be able to benefit from Oculus’ strategic relationship with James Hambro and Partners, which...

Brewin Dolphin garden wins silver gilt

Authored by Glen King PR
Posted: Thu, 05/22/2014 - 10:20am

The Brewin Dolphin Garden has been awarded a Silver Gilt Medal at the RHS Chelsea Flower Show. Their show garden was designed by Matthew Childs and is the more remarkable as it is his first ever garden at Chelsea, having won Best in Show at Hampton Court in 2013.

Matthew has delivered a breath-taking design that is calm, reflective and private with a simple geometric layout. The design is inspired by the company’s ethos: bespoke and innovative, but firmly rooted in past traditions.

Rupert Tyler, National Director of Brewin Dolphin and a renowned gardener himself says, “We’...

Power of the sun helps raise funds for RNLI

Authored by jamesreddy
Posted: Wed, 05/21/2014 - 10:09am

The power of the sun is helping to raise money for the Exmouth RNLI.

Following the launch of the charity’s new Shannon-class lifeboat at the weekend, local solar PV experts SunGift Solar have pledged to donate £50 to the charity for every system ordered this month.

“As a local company, we were full of admiration for those who helped raise £150,000 towards the new lifeboat, and we want to do our bit to help too,” said Ellen Rodger, director at SunGift Solar. “The RNLI team in Exmouth does marvellous work – saving lives at sea – and we’re fortunate that we have such a...

Double cancer blow spurs on marathon efforts

Authored by Jayne Freer
Posted: Tue, 05/20/2014 - 4:27pm

Crossing the finishing line in just under six hours and raising £2,000 for charity was a poignant moment for first-time London Marathon runner Diane Collett.

After losing her mother to cancer just two months previously and supporting her sister through her own brave battle with the disease, 2014 has been a tough year for the 48-year-old business director.

And while Diane is first to admit that finishing in 5 hours 55 minutes breaks no world records, she is determined to secure a place next year to raise even more cash for charities close to her heart.

“I had run a...

Browne Jacobson appoints leading expert to regulatory team in Exeter

Law firm Browne Jacobson has strengthened its regulatory team with the appointment of partner Nigel Lyons in Exeter. Nigel joined the team on 6th May 2014 and specialises in criminal regulatory work. Qualified in 1990 Nigel has established a strong reputation as a regulatory lawyer in the UK specialising in all aspects of regulatory enforcement, in particular health & safety, environmental, trading standards and licensing. In addition Nigel has specialist expertise in advising on regulatory matters for farming communities. A former president of the Association of South West Lawyers and...

Browne Jacobson revenue breaks £50m mark

Exeter law firm Browne Jacobson LLP has achieved another record set of financial results with turnover rising 11.5% to £50.2m in 2013-14 from £45m in 2012-13 - the fourth year in succession that the law firm has posted a record set of results and the second time in three years that Browne Jacobson has recorded double digit growth All five of the firm’s offices posted impressive growth figures as well with its Exeter office posting a *60.7% increase in work done. A series of key strategic lateral hires and record in house promotions this year has seen partner numbers at the national firm...

PCE awards building contract to Hindsight Construction

Authored by PCE
Posted: Mon, 05/19/2014 - 8:42pm

Premier Communication Electronics (PCE) is another step closer to moving into its new premises in Exeter after awarding the building and refurbishment contract to local firm Hindsight Construction.

PCE bought the new much larger premises in Bittern Road last year to accommodate its ambitious growth plans.

The new building is just a short journey from the two-way radio and in-vehicle communications specialist’s current premises in Osprey Road, also on the Sowton Industrial Estate, and has been redesigned by another Exeter based company TFQ Architects.

Karen Langley,...

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