Springfords LLP News

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News - 2010


21 Dec 2010
It's freezing outside but everyone at Springfords has an inner warmth over the winter months thanks to the weekly soup kitchen .  Once a week a volunteer makes a massive pot of soup and sells it, along with some bread for £1.50 - all proceeds being donated to the Springfords Employees Charity Committee. This year has seen some innovative soups from cream of courgette to spicy parsnip and from cauliflower to…(more)

Outsourcing Payroll

14 Dec 2010
Operating a payroll system can be expensive, time consuming, and a real headache keeping up to date with the ever changing complex legislation. That's why we find our clients are increasingly looking for an outsourced payroll option to offload this ever increasing burden.   The main advantages you would find of outsourcing your payroll function to us would be: - gives you and your workforce more time to concentrate on developing a successful…(more)

Just a Case of Handbags for Ian Haynes

14 Dec 2010
When I first saw our client, Elevate, running a caption competion, I asked myself - "What would I do with an expensive YSL bag if I won it?!"  Well, that's no longer something I need to ponder, as, to my amazement, I actually won it.  Of course, the only problem with that was I had to have my picture taken as it was presented to me.  They say the camera piles on the pounds, and I'd have…(more)

Painting The Town Red...............?

14 Dec 2010
Partner Carol Wright has recently returned from a week's water colour painting course in the region of Andalucia in southern Spain.   OK ... so she wasn't exactly painting the towns totally red there ... but at least it got your attention!!  She spent four hours each day painting under the instruction of water colourist Andrew John, setting up her easel, along with the rest of the group, in mountain villages, in…(more)

Up The Garden Path....................

15 Sep 2010
If you're a landlord, you'll know how difficult and time consuming it can sometimes be to monitor what's happening with your property.  However, it's crucial that landlords keep on top of their tax obligations.  In 2008, HM Revenue & Customs (HMRC) launched a Property Income Campaign, with the purpose of ensuring that all rental property income is reported and taxed correctly.  In a case earlier this year, a mother and daughter…(more)

Stop Press - Literally!

15 Sep 2010
It's been announced this month by H M Revenue & Customs that, in an attempt to reduce costs, they're going to cut back on the amount of paper they send out each year. Good news, you might think?  Not as far as we can see - the main forms they're going to target are the copies they send to us as your accountants and tax advisors!  From this month, advisors' copies…(more)

We're On Cloud Nine

15 Sep 2010
Yes ... it's true... we're in the Cloud again, this time with the introduction of our new on line service which offers you  support on a flexible low cost easy to use web based accounting package called Liquid which you can securely use from any device with an internet connection. So you have no initial capital outlay on software or complex office networks. Plus the fact that we can access…(more)

Bouledozers Crash!

14 Sep 2010
July saw the return of the annual Brewin Dolphin Boules Tournament.  Was this the year where the Springfords Team ('Bouledozers') could write their names in history, and be the first team to complete 'The Turkey' ie 3 in a row - and get to keep the cup?  Here's how we got on: Game 1 Springfords 13 v 4 Tods Murray Game 2 Springfords 7 v 11 Fyfe Ireland Game 3 Springfords 12 v…(more)

SOS Puffin

14 Sep 2010
Want to help the Puffins?  John Hunt and his team from the Scottish Seabird Centre are looking for volunteers to help stop and eventually reverse the dramatic decline of puffin numbers on the islands of Craigleith and Fidra near North Berwick. Some Springfords staff have already signed up to help - it's hard work but good fun and very rewarding.  Up for it?  For more details go to:

Eyes Down

14 Sep 2010
Springfords are delighted to be the main sponsor of Clickety Chicks 2011. Returning to Harvey Nichols Forth Floor on Wednesday 23 February 2011, Action for Children's biggest Edinburgh fundraiser will celebrate 10 years of glamorous bingo in the capital with a 'BIG 10' theme, offering 10 luxury auction lots to 180 guests.  Last year's auction was hosted by Radio Forth's Grant Stott.  Since its inception in Edinburgh in 2001, the events have…(more)

Lunchtime Seminars

09 Sep 2010
We are planning to deliver a series of free onsite lunchtime seminars on the Pentland Science Park starting in the Autumn of this year. To help us understand what interests you, please take a minute to tick your seminar choices on the feedback form opposite, adding any 'other' topics that might be of interest to you at the present time. Please provide your contact details and we will send you a formal invite in due course.(more)

Eligible Bachelor Ties The Knot

09 Sep 2010
Love was in the air at Springfords this summer when Ian Tomlinson from our tax team walked down the aisle with his new wife Carole. The day started idyllically with a champagne reception at Ian's home and guests were then treated to an unexpected tour of Edinburgh as the 'Fifer' bus driver had forgotten the Satnav!  Ian saved the day and guided the bus to the ceremony in the Lothian Chambers on…(more)

By Royal Appointment

26 May 2010
What do Bill Clinton's Presidential Library, Manchester United Football Club and The Museum of Islamic Art in Doha all have in common?  They are just some of the institutions around the world that have been supplied with display cases designed, manufactured and installed by our client ClickNetherfield.  Not only that, but the company has recently been granted the coveted honour of a Royal Warrant as Display Case Suppliers to Her…(more)

Corporate Finance on a Run!

26 May 2010
Three members of our Corporate Finance team took part in the BUPA Great Edinburgh Run on Sunday 2nd May.  Andrew Ewing, James Thompson and Chris Clark joined thousands of others on the challenging 10km route around the streets of the city centre. All three finished in respectable times around the 50 minute mark however the internal competition was won by James who finished in 48minutes 14seconds.  Runner up was Andrew on…(more)

Desperately Seeking Companions..................

26 May 2010
"Energetic fun loving Co seeks like minded, ambitious and thriving Co with good compatibility aiming for future adventures" Admittedly this is perhaps not the typical approach to seeking out acquisition and merger targets, but we in the Corporate Finance team like to think we look at things slightly differently, and regularly come across businesses seeking partners and/or new folk to pair up with....making us almost like a discreet agency for discerning acquirers…(more)

Win An iPod

24 May 2010
To help us understand what interests you, please take a minute to tick your choices in the feedback form opposite.  We will then be able to tailor our seminars and future e-newsletters to suit the majority vote - we might even give you a personal call to discuss! All responses will be put into a draw and one lucky winner will be chosen - the prize ... an iPod Shuffle!(more)

Pioneering Spirit!

20 May 2010
Beecraigs Country Park in Linlithgow  was the venue for our annual team building event on 19 May 2010.  The weather was kind to us again and Springfords left the confines of the office to take part in a "Pioneering" afternoon which involved various tasks from building a bridge over a pond to de-activating a transformer.  The afternoon of activities was all overseen by members of the West Lothian Council Ranger…(more)

Important Changes in Rateable Values and Rates Relief

18 May 2010
You may have noticed that your business rates have increased recently.  The main reason? An increase in the new rateable values arising from the cyclical 5 year revaluation undertaken by the Assessors which took effect from 1 April 2010.   The purpose of the revaluation is to update rateable values to reflect current rental levels. If you have reason to believe that this valuation is incorrect, then you must lodge an…(more)

iXBRL Statutory Accounts and Tax Returns

18 May 2010
You may have seen references to this recently and may well ask what it's all about.  We recollected Fireball XL5 but that would be seriously giving our age away.  If you have a burning desire to know, it stands for inline eXtensible Business Reporting Language which is a standard for describing financial data.  Its relevance is that HMRC has mandated that, from 1 April next year, all corporate tax returns…(more)

IT Gets Personal

18 May 2010
We are pleased to announce that we are now able to offer even more value to you by making  documents, such as copies of your accounts and tax returns, available to you any time of the night or day (yes .... even at 2am in the morning!!) through docSAFE, an extremely secure on line system.  As a client, you will have your own unique password so that you can enter your…(more)

Brian Teaser 4

31 Mar 2010
What came first, the chicken or the egg?(more)

Easter Colour By Number Competition

23 Mar 2010
Back by popular demand!  Keep your children, grandchildren, nieces and nephews occupied over the Easter break and get the chance to win a fantastic prize.  Click  the link at the bottom of the page to our Easter Colour By Number Competition and have some fun. Please put the child's name and address (together with your phone number) and most important, their age, on the back of the entry and send to Jane…(more)

Scrum On Down With Marius

23 Mar 2010
Marius Briedenhann from Springfords Business Group, a keen rugby player himself, has also been busy coaching the Broughton Ladies Rugby team in Edinburgh over the last season.  Marius is delighted that one of the girls from the team has been selected for the Scotland Academy side. The team is preparing for the Sarah Beaney Cup competition, which is due to start in April and with good wins against International club sides they should go a long way.…(more)

Client Profile - Insitu Fabrications

23 Mar 2010
Insitu Fabrications was founded in 1996 and is owned and run by Gordon Wright the Managing Director.  Gordon recalls the early days when he was asked by Malmaison Hotels to refurbish the kitchens at One Devonshire Gardens in Glasgow.  This was followed up with commissions from the House of Commons, Rick Stein's various restaurants, Hakkasan, Sake No Hana, Valvonna & Crolla,  Tom Kitchin, Roy Brett at Ondine, and the Garrick…(more)

Top Prize Winner Lightens Up Alba Innovation Challenge

23 Mar 2010
We are pleased to announce that the competition prize winner in the Alba Innovation Challenge, which was part sponsored by Springfords as part of our continuing commitment to encourage and support high growth embryonic businesses in Scotland, is the company Optoscribe headed up by Nicholas Psaila.  Optoscribe has developed a technology which, according to Nicholas, " provides the only cost effective means of three dimensional micro-manufacturing of integrated optical systems, augmenting existing…(more)

Another Successful Pharmacy Transaction By Springfords

22 Mar 2010
Over the last three or four years, Springfords Corporate Advisory team has been involved in assisting a number of pharmacy businesses either to expand through acquisition or sell their businesses. In October last year we were approached by Sally Arnison and Leanne Carey with a view to assisting them to acquire the Barnton Pharmacy.  This would be a new venture for them and would be the first time they had owned…(more)

Timber!! - Corporate Finance Cuts Major Deal

11 Jan 2010
Springfords Corporate Finance team are delighted to have advised the UK's largest saw mill group, BSW Timber Ltd in their recent acquisition of Dalbeattie based saw miller Howie Group Ltd. The transaction creates an enlarged group with six UK sites and projected aggregated turnover of over £110m.  Bank debt funding for the transaction was provided by the Royal Bank of Scotland, bankers to BSW for many years. The transaction represents one…(more)

Client Profile - Detox International

07 Jan 2010
Scots born Midi Fairgrieve started her detox retreats company running retreats in Southern Spain 6 years ago.  Despite having no previous business experience, Detox International is now a thriving small enterprise running retreats in Spain and Portugal with two franchise partners due to start up this spring in South Africa and Canada. Detox International has also just produced its 'own range' of detox supplements which will be launched at the…(more)

Springfords Employees Charity Committee

07 Jan 2010
As a new year starts the Springfords Employees Charity Committee is busy counting its pennies in preparation for the annual distribution of funds to worthy causes.  The Committee was set up 12 years ago and the money raised goes mainly to local charities or charities close to the hearts of Springfords partners and staff. The year is always rounded off with the annual childrens Christmas Party - a chance for Springfords…(more)

Brain Teaser 3

07 Jan 2010
Two Accountants were born to the same mother on the same day at the same time, in the same month and year and yet they are not twins - how can this be?   Congratulations to our winner, Mr Roy Bell, a bottle of champagne is on its way to you!(more)

Anyone for Tennis?

07 Jan 2010
Having entered a Royal Bank of Scotland competition to say "why I enjoyed watching tennis" I was amazed to win and to be invited to London to attend a training session with Andy and Team Murray.  So Monday morning saw me nervously arrive at the Chiswick Racquet Club with my friend Jill (I'm the one in the red t-shirt), neither of us ever having played tennis before. Our first task of…(more)

A 'Raft' of Opportunities

07 Jan 2010
Following great success in the Caledonian Challenge back in June, a couple of the "Spring into Action" team members decided to ditch the hiking boots and donned wet suits for their next event. After taking on a few new recruits from Springfords, they took part in a spot of white water rafting on the river Tummel in Perthshire. This event is organised annually by Seafarers UK, a organisation that awards grants to…(more)

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