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unw newsletter15th June 2005

The longest day is almost here, summer and even sunshine may be on their way, and holidays beckon. In the mean time, 'News that Counts' brings you up-to-date with unw and financial news to brighten your day whatever the weather.

Latest News

GRANT BRINGS JOBS TO KOMATSU REMAN

Komatsu Reman, one of seven worldwide Komatsu remanufacturing facilities based in Birtley, is creating 28 new jobs and expanding its premises thanks to a £225,000 grant from One NorthEast assisted by unw's grants team. The firm’s ambitious growth plans are also supported by a significant investment from Komatsu Europe...

CAFÉ 21 CHEF TAKES OVER AT PONTELAND

Café 21 at Ponteland has been bought by husband and wife team, Ian and Susan Lowery, from Terry Laybourne, who has built up one of the region’s most successful restaurant chains. Ian has been with the restaurant for fifteen years and will continue as head chef at the celebrated Café 21. He was advised in the management buy out by unw chartered accountants and Michael Storey of Samuel Philips, Solicitors. The buy-out was funded by HSBC bank...

NOT A MICKEY MOUSE STORY

Award winning creative Ian Smith has returned home to his roots to take over at the helm of the world-renowned Newcastle based creative art and design company, Paul Windle Design Limited. Ian returned home to Newcastle to lead the management team in the buy out of the company following the untimely death of his great friend and former mentor Paul Windle in July last year...

DEY TIME AT unw ACCOUNTANTS

unw has appointed Richard Dey as corporate services executive at the Newcastle city centre offices...

TALLENT USE unw TALENT FOR £1.6M GRANT

ThyssenKrupp Automotive Tallent Chassis Ltd will create more than 120 jobs in the next two years thanks to a £11.4m investment by parent company ThyssenKrupp, and a £1.6m grant won with advice from unw chartered accountants, which led to the successful grant application...

Financial News

RAISE YOUR FINANCE – RAISE YOUR GAME

Mark Simpson, Corporate Finance Manager, unw chartered accountants

Fund raising is at the front of the mind for many company directors. Each company is unique, and needs customised advice to get the best results. unw chartered accountants has made a huge difference to many local businesses because of the firm’s broad experience in finance raising and their up-to-date knowledge of the availability of funds in the north east...

CAPITAL ALLOWANCES ON PROPERTY

Claudine Norden, Tax manager

As you may be aware people investing in property can claim capital allowances on expenditure relating to fixtures and fittings but usually not in relation to the building itself. However, in certain circumstances…

NEW SIMPLIFIED TAX ASSESSMENT

Hazel Weissand, Tax manager

These simplified 4 page forms have already been pilot tested: 50,000 issued; 40,000 issued; 1.5 million estimated to be issued. They will be issued to…

CHARITY COMMISSION ISSUES SORP 2005

Catherine Young, Corporate Services Partner

The new Charities Act, due to come into legislation later this year, will bring with it fundamental changes to the way in which charities are run. The new Act coincides with the new Statement of…

unw Events

Breakfast Briefing

Subject:
Property Top Tips

Charles Linaker, senior Taxation Services partner, will pick up the current top issues relating to the property market and outline his top tips.

There will be an open Question and Answer session at the end of the briefing.

Time:
7.50am - 9.00am
Date:
Tuesday 28 June 2005
Location:
unw offices, Citygate

register for this event

Breakfast Briefing

Subject:
Solicitors Accounting Rules

Tax partner Simon Richards and corporate services partner Catherine Young explain Accounting Rules and how they affect professional services such as solicitors.

Time:
7.50am - 9.00am
Date:
Tuesday 27th September 2005
Location:
unw offices, Citygate

register for this event

Find out more about the budget seminar or Breakfast Briefings by contacting Ro Duns for further details: Tel: 0191 243 6014.
Email: roduns@unw.co.uk

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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 just some of the deals that unw has completed recently:

Technology Services Group Limited

Financial due diligence and deal structuring advice to assist TSG with the acquisition of software resellers, Agenda Business Software Limited and Edinburgh Microsystems Centre Limited.

Pacific Hygiene Consulting Limited

Start up finance for the UK arm of Pacific Environmental Consulting Limited.

Paul Windle Design Limited

Management buy out of Paul Windle Design Limited led by the Managing Director, Ian Smith.


Café 21

Management buy out of Café 21 Ponteland Limited led by Ian and Susan Lowery.

Phoenix Hazmat Limited

Start up finance for the UK arm of Phoenix Enterprises Limited based in Canada.

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