Studholme-Bell Limited

In early March 2011 Studholme – Bell Chartered Accountants and Business Advisors opened a second office in Leicestershire.  Our founder Alexander Bell felt that this would be a proactive move not only for the business but also for the client base that we support.  As a Chartered Accountancy practice our main aims are to ensure that all client needs are met and that we operate in a friendly and professional manner.

Tax saving ideas, business security and general business help and support ensure that clients receive the best that they require from a local accountant.

The Leicester office is based at:

Sycamore Mews, Sycamore Street, Blaby, Leicestershire, LE8 4FL

Telephone 0116 2781518

If ever you need any advice and assistance, we are always happy to help and listen.

Summary of the October 2010 Spending Review

It seems that the recent Spending Review that has been carried out by our current Government and financial wise men and women, has focused on the Private sector of our country to encourage growth of our economy and to build the country from our current position.

In the main capital expenditure in the assets of our country is to be increased by almost £2 billion per year.

The main points of the Spending review are as follows:

Business Investment Schemes

Train to gain is to be axed.

75,000 new adult apprenticeships are to be made available.

The European Finance Guarantee scheme is to be continued.

Science budget is to be maintained.

Higher education funding is to come from those who benefit most from their services.

Transport

11% reduction in capital spending shall be implemented.

Numerous projects have been given the go ahead and shall commence in the foreseeable future.

Local Government

Regional growth funds are to be £1.4 billion over the next 3 years.

150,000 new affordable homes will be built by 2014/2015.

Welfare Reform

Child benefit to be removed for higher rate tax payers.

Public Sector

490,000 jobs to go.

Employee pension contributions to increase.

Defence

37,000 jobs to go from a mixture of the RAF, Navy, Army and Civilian MOD posts.

Energy

£1bn for Green Investment Bank.

£200 million has been allocated for the development of low carbon technologies – wing and other renewable.

£1 billion to create the worlds first full scale carbon capture and storage plant.

Culture and media

£530 million has been designated to improve the broadband infrastructure within the United Kingdom.

If you require any further information on the above, please do not hesitate to call our team at Studholme – Bell Limited on 01257 241111.

Due to the expansion of Studholme – Bell Limited Chartered Accountants and Business Advisors, we have recently moved to larger premises in Euxton, Lancashire so that we can continue to grow your businesses and ours.

Launched in October 2009 at the Business North West Exhibition, Business in a Box has succeeded in providing customers with ready made business packages, so that people can trade with a professional image from day one.

It was announced on Friday that Alexander Bell has been nominated and reached the finalist stage of the North West Finance Awards, category North West Young Finance Director of the Year.

From the first Friday in October 2010, we shall be holding a Free business clinic, this is open to anyone who has one or a number of questions that they would like to know about business.

Here at Studholme – Bell we often find that other businesses are not claiming all of the tax relief that they are entitled to.  The main aim of this service is to provide businesses with a free review to ensure that they are claiming all that they are entitled to.

From October 2011 the NEST auto enrolment pension commences, this is compulsory for all employees and shall be phased in over a number of years, with the larger businesses being included first.

In August 2009 we launched a networking group called Red Rose Entrepreneurs, mainly for Lancashire based businesses to benefit from the knowledge and know how of other members.

We have found that the group generates business for those who attend and also assists in resolving business issues that you may come across.

The idea of a Holding Company is to provide a number of security and tax efficiencies to your business.  They enable assets to be held and rented back to the trading company, vital in a credit crunch time.  Losses of one group company can be set against the profits generated by another.