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unw newsletter 01 April 2007

It seems a  long haul since the holidays at Christmas but now the evenings are lighter and Easter is on the horizon, we will be able to spend some time out in the fresh air, weather permitting,  and blow away those winter cobwebs.  We have several events coming up and hope to see you at one of these.  P.S. We have a new look to the website - let us know what you think!

Latest News

The Budget 2007

As the year draws to a close, it's generally a time for reflection and an opportunity to look back over the last year.

Fun day out at the Discovery Museum

Martin Bryson of Lloyds TSB Bank collecting the prize of behalf of his son, Cameron

Let the Buyer Beware

Mark Simpson, unw’s corporate finance manager, looks at the financial aspects of acquiring a business. Acquiring another business is often one of the most important transactions a company will undertake and it is imperative to have expert corporate finance and taxation advice.

unw finds FAME

Bureau van Dijk Electronic Publishing (BvDEP) has expanded its foothold in the North East by signing up unw Chartered Accountants.

unw Finance Forum

The Forum is open to all and if you wish to take part, please send your details, including your name, company and email address to financeforum@unw.co.uk. If you would like the Forum to cover any specific topics, please mention these when registering.

Charity Update - Stop Press!

Following various discussions, the Charity Commission have agreed to send a speaker to our next session to be held at the beginning of May.

Financial News

An Arctic Storm

Some of you may remember the name of 'Arctic Systems' and the company's owners, Mr and Mrs Jones. Over the past couple of years, HMRC have been seeking to make an example of them and set a precedent which can be applied to others.

Legislation update

The end of 2006 saw the government pass two important new Acts, both of which have followed lengthy consultation processes.

CIS details are finalised

In the Pre-Budget Report in December 2006, the government confirmed that the new Construction Industry Scheme (CIS) will be introduced on 6 April 2007, despite some doubts over whether HMRC will be ready.

unw Events

TAX UPDATE ON R & D

Date:
Wednesday 18th April 2007
Location:
The Boardroom, unw, Citygate, St James' Boulevard,
Newcastle upon Tyne

MERGERS & ACQUISITIONS

Date:
Thursday 7th June 2007
Location:
The Boardroom, unw, Citygate, St James' Boulevard,
Newcastle upon Tyne

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We welcome your comments or suggestions for future news items in News that Counts.

unw chartered accountants, Citygate, Newcastle upon Tyne.
Tel 0191 243 6000.
Email: enquiries@unw.co.uk

Deal Summary

These are some of the deals that unw Corporate Finance Department has been pleased to assist with during 2007

North East Bakery 

North East Bakery

Announced: April 2007

Finance Raising & Acquisition of Milligans Bakery and 15 outlets

Thompson Building Centres

Thompson Building Centres

Announced: April 2007

On going Corporate Finance advice to A Thompson and Sons Limited further to the acquisition of Fossway Builders Merchants Limited

AAP Metal Fabrications Services

Degussa Fine Organics - SFI Grant Application

Announced: April 2007

unw's Corporate Finance Team assisted Degussa Fine Organics with their SFI Grant Application to aid investment in a new plant.

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