Wales Access to Finance – Ask the Experts Breakfast Event

Bevan & Buckland AccountantsInsider: Wales Access to Finance – Ask the Experts Breakfast 2015//

 

Liberty Stadium September 22nd 2015

7:30am – Breakfast & Registration
8:00am – Meeting commences
9:00am – Approximate close
Guests are invited to remain behind after the formal close for coffee and networking

Confirmed speakers:

  • Matt Warren, chief executive, Veeqo
  • Harri Lloyd Davies, partner, Bevan Buckland
  • David Vieira, managing director, Go Commercial Finance
  • Stephen Yorke, area director business banking, HSBC
  • Betsan Powell, partner, JCP Solicitors
  • More to follow

We would like you to join us for an Insider breakfast event to explore sources of finance for ambitious companies. If you’re seeking cash to reach the next level, hoping to raise money for an early stage venture, or looking for better funding arrangements, this event should provide you with some ideas.

Matt Warren runs Veeqo, a Swansea-based inventory management software company that has raised more than £1m through crowdfunding and from other sources.

A panel of advisers and funders will give tips and insights in answer to audience questions. Topics for discussion could include:

  • Can I raise funds without losing control of the company?
  • Could crowdfunding help my business to grow?
  • How can I raise cash for an acquisition?
  • What do banks look for when lending cash?

If this is of interest, we hope you can join us and put a question in for the panel.

Our events are regularly over-subscribed therefore please register your interest as soon as possible. If you have been successful you will receive a confirmation email one week prior to the event. Please click here to register your interest.

If you wish to attend an Insider event and have any personal requirements in order to fully enjoy your chosen event then please let us know at the earliest date possible.

We have an inclusive approach and wish to ensure that everyone who wants to attend an Insider event is able to do so and to obtain full benefit from being our guest.

If you need any more information please contact Suzanne Wallace on 0161 907 9758.

We’ve made the top 100.

Bevan & Buckland AccountantsLeading Welsh accountancy firm included in industry top 100

Bevan Buckland Partners

Established accountants Bevan & Buckland has been included in a list of top 100 UK accountancy firms for the first time.

The significant inclusion in the ‘Accountancy Age 50+50’ list shows Bevan & Buckland’s continued and impressive growth. Bevan & Buckland have entered the list at No. 100.

The achievement is all the more impressive that Bevan & Buckland is the only accountancy firm in the top 100 that has its headquarters in South West Wales.

“This is a significant achievement for Bevan and Buckland and everyone in the firm deserves congratulations for making this possible,” said Bevan & Buckland Senior Partner Cuan O’Shea.

“It is particularly pleasing that we have made the list when you see the calibre of some of the other accountancy firms in the list.

“This achievement only makes us more determined to keep up our very high standards and level of service that we have achieved over the years.”

The announcement of the top 100 list comes only days after Bevan & Buckland announced a significant joint venture with WPS Financial Group Ltd.

The new service, which gives clients expert advice on personal financial affairs, will replace the financial planning provision that was previously provided in house by Bevan & Buckland.

WPS is a firm of Chartered Financial Planners with more than £315m under management.

Bevan Buckland wealth management

 

 

 

Why not contact the office nearest to you.

Bevan & Buckland Accountants Swansea Tel: 01792 410100

Bevan & Buckland Accountants Haverfordwest Tel: 01437 760666

Bevan & Buckland Accountants Pembroke Tel: 01646 682383

Bevan & Buckland Accountants Carmarthen Tel: 01267 233115

Bevan & Buckland Accountants St David’s Tel: 01437 720352

Our Payroll Team are in the final!

Bevan & Buckland Accountants logoOur payroll team have been nominated in the best Bureau/Service provider category.

Payroll World Awards 2015 finalists revealed 30 July 2015

The shortlist for the 2015 Payroll World Awards, sponsored by Intuit QuickBooks, has now been unveiled, with the winners set to be announced on 12 November at London’s Tower Hotel.

The judges selected the final list from a record number of entries following the introduction of the new, simplified entry process.

The diverse shortlist means specialist providers such as Symatrix and PaycheckPlus compete alongside well-known payroll names like Ceridian and MidlandHR.

The Payroll World Awards 2015 will also see a number of new categories introduced, including ‘Auto-enrolment Engagement’, ‘Best Company to Work for in Payroll’, ‘Best Payroll Support Team’ and ‘Best International Payment Provider’.

Chris Fitzgerald, Payroll World managing director, said: “The judges really had their work cut out selecting the shortlist from a record number of entries, and they now face the even more difficult task of selecting the winners from a very high standard of finalists.

“It’s exciting to see such a diverse mix of familiar names and new entrants on the shortlist. This, the fifth year of the Payroll Awards, is set to be the best yet and the most fiercely contested.”

Bevan & Buckland have been nominated in the Bureau/Service Provider category.

 

Payroll Team Award – Bureau/Service Provider Sponsored by The people’s pension

  • Anderson Anderson & Brown
  • Bevan & Buckland
  • Bond Payroll Services
  • Brown McLeod
  • Ceridian
  • Cintra HR & Payroll Services
  • Equiniti
  • FMP Global
  • PW Payroll Solutions
  • Symatrix

For further information about how Bevan and Buckland can help your company with management of the payroll contact Tina Davies on 01792 410100 or by email at help@bevanbuckland.co.uk.

Tina Davies
MCIPP(dip) Member Chartered Institute of Payroll Professionals

Tina Davies is manager of Bevan & Buckland’s Swansea Payroll Department, we also operate a payroll bureau service from the firm’s Pembroke and Haverfordwest offices.  

http://www.bevanbuckland.co.uk/services/payroll Tel: 01792 410117

Bevan & Buckland Accountants Swansea Tel: 01792 410100

Bevan & Buckland Accountants Haverfordwest Tel: 01437 760666

Bevan & Buckland Accountants Pembroke Tel: 01646 682383

Bevan & Buckland Accountants Carmarthen Tel: 01267 233115

Bevan & Buckland Accountants St David’s Tel: 01437 720352

Further new recruitment in our Swansea office

BEVAN & BUCKLAND ANNOUNCES FURTHER RECRUITMENT

Swansea-based accountancy firm Bevan & Buckland has recruited two graduates to boost their audit and business services departments.

Stefan Rogers and Nick Johal, both 25, have joined the respected accountants from local firms after graduating from Swansea University and Hertfordshire University respectively.

“Both Stefan and Nick come to us with top class degrees and have already gained useful experience in local firms,” said Bevan & Buckland partner Harri Lloyd-Davies.

“I am sure they will soon become very valued members of staff and we recruited them because of their desire to provide great customer service.

“The double appointment shows how the firm is growing, and specifically our business services and audit departments, as the UK economy continues to improve.”

Stefan, who received a first-class honours degree in accounting and finance from Swansea, said: “I was so delighted when I was taken on by Bevan & Buckland especially as they are such a respected firm across South Wales.”

Nick, who gained a 2:1 in his degree, added: “Having grown up in Swansea I couldn’t have asked to have worked for a more established accountancy firm that Bevan & Buckland.”

Bevan & Buckland Accountants Swansea Tel: 01792 410100

Bevan & Buckland Accountants Haverfordwest Tel: 01437 760666

Bevan & Buckland Accountants Pembroke Tel: 01646 682383

Bevan & Buckland Accountants Carmarthen Tel: 01267 233115

Bevan & Buckland Accountants St David’s Tel: 01437 720352

Different methods of fraud – part 3

Bevan & Buckland AccountantsDifferent methods of fraud

This is the last part in a three part series on fraud.
The methods we will be covering have been brought to our attention by our clients and not by the national press.

The methods that we have covered in this series of articles are real and unfortunately some of our clients have fallen victim to these scams over the last few weeks.

Fraudsters are turning to increasingly sophisticated methods in order to deceive and are often quick to adapt their approach to keep up with changes in technology.

Latest scam notices from Companies House

Late filing penalty payment
Companies have been contacted asking for payment of a late filing penalty over the telephone. The caller says they will accept a payment of £5 by credit or debit to place a hold on any further action being taken.

Companies House will not contact you for immediate payment of a late filing penalty or request payment of a nominal fee to place a hold on any recovery action.
Payment plans are set up with the agreement of the manager dealing with your late filing penalty query. We will not cold call you to take a payment.
Bogus Companies House emails
We are aware that a number of suspicious emails are being sent claiming to be from Companies House. These emails have not been generated by Companies House.

The latest of these bogus emails claims to be a response to an online filing submission.

Companies House fraud email

An example of a bogus email claiming to be from Companies House

If you have received one of these emails forward it to phishing@companieshouse.gov.uk and then delete it. Do not try to view any attachments contained in the email. #### Company register payment

Companies registered at Companies House are receiving notifications asking for money to maintain their company on the register.

The companies concerned are receiving, what looks like a genuine request, from one of the following:
• New Companies Register (Digital)
• National Register of Companies
• Economic Index for Europe

These organisations are not connected to, or endorsed by, either Companies House or GOV.UK and the fee requested is not required to keep the company registered at Companies House.

Suspicious job vacancies
Companies House are receiving email enquiries about job adverts in the UK. These generally offer highly paid vacancies or opportunities in the oil, hotel or banking industries.

Treat all job offers with extreme caution. The contact details are usually fake, and you should avoid replying to the providers of these vacancies.

The advert might request money up front before the application can be processed, and they might also mention UK visas. Be sure to check with UK Visas and Immigration for information on applying for a UK visa.

Adverts have often been placed in print or on websites which appear to be genuine. If you are interested in working for Companies House you can check with Companies House to see if they have vacancies, or on the civil service job site.

Pension liberation fraud
Pension scams are on the increase in the UK and Companies House has been made aware that under some schemes individuals have had limited companies established in their name. If you believe that you have had a company set up in your name, please see legal advice before taking any action to close it.

Scams are promoted using terms such as an offer of unique investment opportunities, free pension review, legal loophole, cash bonus or as a government endorsed scheme and victims are being approached via cold calling, text message or in person door to door. You should treat all approaches about your pension with caution if it is not from a source that you recognise and trust.

If you are approached, do not share your personal information or sign any paperwork. You are able to check whether the offer of service is genuine and the Pension Advisory Service website can help.

The Pensions Regulator also offers guidance to help individuals who think that they may have been targeted by pension scams.

Companies House telephone scam warning
Companies have been contacted by persons claiming to be from Companies House, who ask them for details of their company’s directors.

Companies House personnel will never contact you by telephone to find out who your officers are, or ask for secure information such as authentication codes.

If you anyone contacts you claiming to be from Companies House asking for this information, try to obtain a return telephone number and contact Companies House immediately on 0303 1234 500.

 

Bevan & Buckland Accountants Swansea Tel: 01792 410100

Bevan & Buckland Accountants Haverfordwest Tel: 01437 760666

Bevan & Buckland Accountants Pembroke Tel: 01646 682383

Bevan & Buckland Accountants Carmarthen Tel: 01267 233115

Bevan & Buckland Accountants St David’s Tel: 01437 720352

Different methods of fraud – part 2

Bevan & Buckland AccountantsDifferent methods of fraud

This is the second in a three part series on fraud.
The methods we will be covering have been brought to our attention by our clients and not by the national press.

These methods of fraud are real and unfortunately some of our clients have fallen victim to these scams over the last few weeks.

Another fraud that has come to our attention involves large telephone orders of goods using a cloned credit card, the transaction passes bank security but when completed the money has to be repaid to the credit card company.
This has successfully been carried out by fraudsters, including a number of organisation within South Wales.

Impostors purporting to be genuine customers from overseas (we are aware of two instances where they said they were from Australia), and as the cost of living is so much higher overseas they have ordered a large volume of goods over the phone that they plan to ship overseas. Authorisation checks on the credit card payment have been undertaken but the credit card passed all checks as the card has been cloned and the details were correct. Within a couple of weeks of the transaction being completed, the company was then contacted by the credit card company to explain the payment was fraudulent and that the amount needs to be repaid. We have been made aware that insurance companies will not cover you for this type of fraud as the transaction has been completed without the cardholder present.

What action should organisations take to mitigate risk of this fraud occurring?

Recommended actions that organisations can take include:

  • Be mindful of any large unexpected orders.
  • If a large order is placed, request that they visit your premises to collect the goods and pay upon collection including entering their PIN number
  • Ensuring that staff working in relevant areas are fully aware of the risks involved with this type of fraud

 

Bevan & Buckland Accountants Swansea Tel: 01792 410100

Bevan & Buckland Accountants Haverfordwest Tel: 01437 760666

Bevan & Buckland Accountants Pembroke Tel: 01646 682383

Bevan & Buckland Accountants Carmarthen Tel: 01267 233115

Bevan & Buckland Accountants St David’s Tel: 01437 720352

Different methods of fraud – part 1

Bevan & Buckland AccountantsDifferent methods of fraud.help stop fraud

This is the first in a three part series on fraud.
The methods we will be covering have been brought to our attention by our clients and not by the national press.

These methods of fraud are real and unfortunately some of our clients have fallen victim to these scams over the last few weeks.

Fraudsters are turning to increasingly sophisticated methods in order to deceive and are often quick to adapt their approach to keep up with changes in technology.

 

There has been a rise in a fraud involving changing the bank account details of genuine suppliers in an attempt to divert funds. This successfully being carried out by fraudsters, including a successful attempt on a government organisation.

Impostors purporting to represent genuine suppliers approach target organisations with requests to change bank account details held on file. Baker Tilly have recently noted an emerging variation to this fraud involves fraudsters remotely seizing control of legitimate suppliers’ email accounts from which they send these seemingly genuine requests to change details. With control of the email account, the perpetrators are then able to set up ‘rules’ within the account settings which enable them to intercept and/or delete further incoming emails from the target organisation. This not only enables the fraudster to monitor and respond to the email correspondence, but it also allows the fraud to go undetected by the supplier.

This fraud exemplifies how, with undetected control of the email account, fraudsters were able to gain access to a copy of an invoice which had previously been emailed by the genuine supplier. Once picked up, the invoice was altered by the fraudster with new bank account details in an attempt to legitimise funds being paid into a fraudulent bank account. Fortunately, the organisation identified the fraud before any financial loss occurred; however, this example demonstrates that even with certain controls in place, organisations can still be vulnerable to this type of scam.

Clearly linked to this is the increasing occurrence of cyber-attacks in conducting fraudulent activity, such as in this case, through the ability to compromise an email account. Such attacks often bypass more common ‘manual’ anti-fraud measures and can be difficult to detect. Moreover, the frequency of cyber fraud in general is increasing at an alarming rate. The losses which can be incurred should an organisation fall victim to this type of fraud are significant. Baker Tilly is aware of payments exceeding many of hundreds of thousands of pounds, with a number of instances exceeding £1 million in losses.


What action can you take to mitigate risk of this fraud occurring?

As fraudsters continually develop and apply new methods to circumvent controls, it is essential for organisations to assess the effectiveness of arrangements in place relating to administration procedures for changing both supplier contacts and bank account details.
We recommend some actions that organisations can take include:

  • Thorough testing of administration and authorisation procedures in relation to requested changes to supplier details of any kind
  • Independently verifying requested changes to supplier contact or bank account details with the original supplier contact prior to any change being made
  • Where possible, gaining additional confirmation of the legitimacy of requests from a known source or reliable contact before applying any changes
  • Ensure robust IT security controls are in place to help mitigate the risk of a successful cyber-attack, and
  • Ensuring that staff working in relevant areas are fully aware of the risks involved with this type of fraud

Bevan & Buckland Accountants Swansea Tel: 01792 410100

Bevan & Buckland Accountants Haverfordwest Tel: 01437 760666

Bevan & Buckland Accountants Pembroke Tel: 01646 682383

Bevan & Buckland Accountants Carmarthen Tel: 01267 233115

Bevan & Buckland Accountants St David’s Tel: 01437 720352

This is Your Life Andrew Muxworthy

Bevan & Buckland Managing Partner Cuan O’Shea presents This is Your Life to Andrew Muxworthy.   

Leading accountant celebrates 30 years’ service at Swansea practice

Business Services Manager Andrew Muxworthy celebrates his 30th year at established accountancy practice Bevan & Buckland.

Andrew started at the firm in October 1984 and has since become an important part of the team. As one of the largest and oldest accountancy practices in Wales, Bevan & Buckland has a track record spanning well over a century, a history that Andrew has seen a large part of.

Andrew is still some way off the firm’s longest service record however, which is currently held by Stan Page who worked for the firm from 1921 to 1991; an impressive 70 years.

Andrew Muxworthy and Cuan

“I can’t believe that I am celebrating my 30th year at Bevan & Buckland! I’ve worked here for longer than some of our staff have been alive and fellow Business Services Manager Sara Dennis always likes to remind me that I started while she was still at school,” said Andrew.

As well as celebrating the milestone with his wife Helen and two sons Oscar and Daniel, the Bevan & Buckland team have revealed that they have a number of surprises in store to mark the occasion.

Andrew, who currently lives in Killay, Swansea, manages Bevan & Buckland’s expanding business services team along with Sara who actively provides accounts, bookkeeping and VAT services to a range of clients throughout South Wales. He took on his role as Business Services Manager in November 2010 after serving the company as an experienced accountant. Andrew’s expertise and excellent people skills have seen him deliver above and beyond the call of duty ever since.

“Myself and the rest of the Bevan & Buckland team are thrilled to be celebrating an important work anniversary with a truly valued member of the team. Andrew is a key part of our practice and we look forward to celebrating the next milestone,” concluded Cuan O’Shea, Managing Partner at Bevan & Buckland.

Also Andrew’s father Peter Muxworthy who is still a consultant with Bevan & Buckland has been with the firm 58 years.

http://www.bevanbuckland.co.uk/services/payroll Tel: 01792 410117

Bevan & Buckland Accountants Swansea Tel: 01792 410100

Bevan & Buckland Accountants Haverfordwest Tel: 01437 760666

Bevan & Buckland Accountants Pembroke Tel: 01646 682383

Bevan & Buckland Accountants Carmarthen Tel: 01267 233115

Bevan & Buckland Accountants St David’s Tel: 01437 720352

Bevan & Buckland welcomes two new recruits

Bevan & Buckland Accountants logoAs the market continues to grow leading accountancy practice welcomes two new recruits

Chartered accountancy practice Bevan & Buckland has recently welcomed two new starters to their growing team. The announcement comes as the wider sector charts dramatic growth and the Swansea-based firm look to provide the same high quality service to a wider range of clients.

Hannah Dueck and Jessica Jeffs join the expanding Bevan & Buckland team as trainee tax consultants. The pair have recently graduated from Swansea University and are looking to put their knowledge to the test with coveted roles at this established accountancy firm.

Jess Hannah new starters

Hannah is no stranger to the Bevan & Buckland team. Originally from the Isle of Wight, Hannah studied maths before undertaking an internship at the firm. She was subsequently offered a permanent position, whilst Jessica, who is from Gorseinon, studied accounting and finance.

“I was attracted to Bevan & Buckland because they offer exciting work and excellent on the job training. In addition to this, there is also great scope for career progression so hopefully I will be a part of the team for a very long time,” said Hannah.

As part of their training program, both Hannah and Jessica will undertake compliance work of personal and corporate tax returns whilst working towards their Association of Tax Technicians (ATT) and Chartered Tax Advisor (CTA) qualifications.

“I am delighted to welcome Hannah and Jess to the company; they both have a lot to offer the firm. I am sure they will be happy in their new roles and quickly become valued members of the team,” concluded Lee Bradley, tax director at Bevan & Buckland.

Lee Bradley
Tax Director
01792 410119

email: lee@bevanbuckland.co.uk

Bevan & Buckland Accountants Swansea Tel: 01792 410100

Bevan & Buckland Accountants Haverfordwest Tel: 01437 760666

Bevan & Buckland Accountants Pembroke Tel: 01646 682383

Bevan & Buckland Accountants Carmarthen Tel: 01267 233115

Bevan & Buckland Accountants St David’s Tel: 01437 720352