Exceptional end-to-end service, for all things financial
Chartered Accountants // Chartered Tax Advisers
2020 marks a milestone in the history of LB Group. After 50 years of consulting, auditing and advising, our accountancy firm is now a successful, award-winning organisation. We’re making a splash with our brand new look What has undoubtedly helped us help you has been our early adoption of cloud-based technology, but we haven’t forgotten our roots. Originally a family-run business, getting to know our clients was of paramount importance, and it remains so, which means the first thing we always do is take a walk in your shoes.
TAKE A LOOK INSIDE Included are details of our range of services, some of which youmay not be awarewe offer >>>
It's safe to say that this year has thrown us all one or two curve balls. Emotionally and financially many of us have encountered challenges that may have presented us with the opportunity to refocus and explore our business models, priorities and life goals. We have and continue to provide advisory support, as well as practical advice. To reflect our position, we took the decision to refresh our branding, giving LB Group a whole new look and feel. As you can see, we have a new company logo (top left), and over the past few months we’ve been busy developing a vibrant and streamlined website, which is now live! After reviewing our position, it was clear that LB Group’s branding would need to change to reflect its culture, scale, personality and future direction. It was a delicate balance as it needed tomarry the depth and breadth of experience, with the company ethos of taking a very personal approach to our clients’ businesses while delivering exceptional value for money. Have you had a peek at the newwebsite? What you’ll see is distinctive upbeat and highly informativewithout, we hope, being boring! It’s easier to navigate too, which means you may very well find services you didn’t knowwe provided.
// lbgroupltd.com
// lbcorporatefinance.com
// lb-fs.com
// lb-ms.com
// lbinsolvency.co.uk
// lbrecruit.uk
Printed on 100% Recycled Paper
Exceptional end-to-end service, for all things financial
Chartered Accountants // Chartered Tax Advisers
Strength in breadth and depth We’re a leading chartered accountancy firm, providing accountancy, taxation and business advice to ambitious corporates and private individuals. Over the past 50 years, we’ve grown organically, invested continuously in technology and have in-depth knowledge across a broad range of markets. We offer an exceptional end-to-end service to clients, with access to our sector experts.
To understand your business, first we take a walk in your shoes We’re bright, energetic and practical people who keep a finger on the industry pulse so our clients receive the best short, medium and long-term advice. As early adopters of advances in the accounting software that has shaped the business landscape, we now lead the field in cloud-based technology which helps our clients work smarter, faster and more economically. Perhaps it’s because we started as a family-run firm that we take a very personal approach to our clients’ business, and we’re very proud of that. Business plans and financial projections, important as they are, can only tell you so much about a company, its vision, its commitment to succeed. To give our clients the best guidance possible, first, we take a walk in their shoes. A complete one-off As different as all our clients are, their one common trait is their ambition to succeed. However, success isn’t always measured in tangible, material outcomes; often lifestyle, sustainability or knowing you have a legacy to leave behind, become part of the ambition.
A business owner may be thinking of a change in direction or believe it’s time to take the company to the next level. Whichever it is, and irrespective of company size, we work with our clients to develop the strategy that will help them reach their goal. Whatever your situation, we can help You might know exactly which of our services you need right now, but then again… you might not. As your business grows and changes, so too will the kind of support you need. One, two or even more of our core services could be pivotal in helping you save time, increase profit, fulfil dreams and make your life a whole lot easier. We’d be delighted to shed some light on which of our services would benefit you and your business, not just now, but in the future.
Corporate Client
Private Client
Tax Planning
Succession Planning
Financial Planning
lbgroupltd.com
Printed on 100% Recycled Paper
We’ll match your vision with our expertise; there’s strength in numbers
Chartered Accountants // Chartered Tax Advisers
We provide corporate finance advisory services to individuals and businesses. Our services range from advising clients on the acquisition or disposal of a business, advising on management buy-outs to obtaining funding for the acquisition of a business or property and working capital requirements. We use straightforward, understandable language. Our service is Director led and we never win business and pass it tomore junior staff to do thework. TheDirector youmeet at the first meetingwill be theDirector leading thework. We combine significant accounting, banking and taxation expertise to ensure that your transaction completes smoothly.
Funding fromBanks and Specialist Lenders With our in-house banking expertise and experience we have a substantial network of banking contacts within the mainstream banks, challenger banks and more niche specialist lenders. We only ever place your lending proposal with funders we know and have a close business relationship with. Our knowledge of the debt markets means we only ever place your proposal with funders who have the right appetite to lend for your specific needs. We advise on all aspects of debt financing and refinance of existing borrowing, including invoice finance, asset finance, trade finance, cash flow loans, property investment and development. Business Acquisitions andDisposals Buying or selling a business is not something you will do every day. For us, it is our day job. We will set out for you, in simple terms, the steps in a business acquisition or disposal. Using our extensive corporate finance database, technology systems and web-platforms, we can reach known vendors and purchasers of businesses in your sector. We will be with you at each step in the process, listening to and understanding your requirements and objectives and providing you with pro-active advice. We will assist you with negotiation of terms, undertake due diligence and manage the legal process through to completion. Tax Tax strategy is one of the key components in any corporate finance transaction. How a deal is structured will have different tax ramifications. The sale of a company’s trade will be a different tax proposition to the sale of the company shares. Our Tax Directors are experienced in tax aspects of business acquisitions and disposals andwill ensure that the deal is structured in themost tax efficient manner. A buyer of trade assets will need to focus on what assets they are buying; for example, maximising tax reliefs and capital allowances on any plant and machinery they are purchasing with the trade. A company buyer will need the comfort of knowing that there are no ‘tax skeletons in the closet’ of the target company. Our Tax Directors are experienced in tax due diligence and the appropriate drafting of tax warranties and indemnities to protect the buyer (or indeed, the seller, if we are dealing with the sale of a business). A seller will wish to maximise after-tax consideration. Our team will advise on the structure of the consideration to optimise tax efficiencies. Theywill provide the appropriate advice, depending on whether the consideration is to be satisfied in cash or shares or a combination of both or whether payment is immediate or if there is an element of deferred payment or earnout. They will
identify and maximise the benefit of tax reliefs such as entrepreneurs’ relief, roll-over relief, the use of available losses and consider, where appropriate, potential tax deferral, succession and estate planning including strategic use of Family Investment Companies and Trusts. Management Buy-outs Acquiring a business from your boss, or a founding principal of the business you work in, is a complex process. A significant aspect of our work is to act as the buffer between you and the existing owner throughout the MBO process, to communicate effectively with her/his advisers on contentious issues and protect the personal relationship that you have built up. An important part of the MBO process is finding the right funding partner for your acquisition: one who shares your vision for the business and can provide you with the capital to acquire the business and the working capital to allow the business to continue to grow. Our in-house banking expertise is perfectly placed to assist you to raise those funds. Tax requirements are an important consideration in an MBO and our TaxDirectors have advised clients inmany successful MBOs in recent years. They are well versed in the potential traps and their input at an early stage to help plan the strategy is vital to a successful transaction. GrowthCapital For established businesses which are looking for capital to expand or
restructure operations, enter new markets or finance a significant acquisition, we have access to a broad network of corporate and private investor contacts including private equity, venture capital and business angel investors. We have knowledge of the type of deals they are looking for and can help present your business case in the best light, assisting with business plans, financial We are experienced in assisting companies to review their current strategy, consider their short and medium term objectives and create and implement a practical strategic plan. In some cases, we can arrange capital extraction without significant share dilution using structured finance and in other cases, we can prepare companies for a full, or partial, exit and assist with the disposal as outlined above. forecasts and negotiation of terms. Strategic Planning/Exit Planning
Funding from Banks and Specialist Lenders
Business Acquisitions and Disposals
Tax
Management Buyouts
Growth Capital
Strategic Planning/ Exit Planning
lbcorporatefinance.com
Printed on 100% Recycled Paper
Exceptional end-to-end service, for all things financial
Chartered Accountants // Chartered Tax Advisers
Private clients
As your specialist trusted adviser, we can manage your personal tax affairs, whether that’s to help you meet your legal obligations in terms of reporting or planning ahead for your own and your family’s future. We have it covered.
Managed by a team of highly experienced and specialised professionals, we provide a personal service, bespoke and tailored to your needs. We work closely with our colleagues, both in our accountancy practice and also, our financial planners, who can provide tailored advice to meet your objectives.
Tax Compliance Preparing your tax returns and making sure you are compliant with an ever-changing landscape of legislation can seem daunting. We are here to make life easy, ensure you are compliant and make sure you do not pay more tax than you need to. Tax Planning We provide bespoke solutions based on your objectives by providing tailored advice to help protect and maximise your wealth. Tax planning encompasses a range of services including: • Income tax and capital gains tax planning optimising reliefs and tax rates • Profit extraction from your business • Tax efficient restructuring using partnerships, companies and trusts • Pension tax planning • Tax residency • Succession planning and preservation of wealth • Inheritance tax planning Having children or grandchildren, marriage, divorce, business restructuring, retirement and death are key stages in everyone’s life that can result in tax implications – no matter how small or how significant these are, we are on hand to guide you through and provide the appropriate advice.
together a solid succession plan. It’s our job to make the process simple, by demystifying the complexities around tax law and by creating a plan together which ensures future generations retain as much of your wealth as possible. The focus could be on reducing taxes on death, preservation of income to maintain lifestyle and capital to meet future needs and asset protection. The solution is always focused on your objectives and what you are trying to achieve. We can guide you through the process and overcome obstacles which may be in the way – from the advice stage to implementation. Trust and Estate Compliance A team of dedicated professionals, including members of the Society for Trust & Estate Practitioners (STEP), we can provide a range of advisory services in relation to Trusts and Estates. Our services include: • Advising on trust deeds andWills • Charitable Trust tax returns and gift aid repayment claims • Completion of Charitable Trust accounts • Completion of Trust accounts and Trust Tax Returns, including beneficiaries tax certificates, general compliance for UK and non UK resident trusts • Completion of Estate tax returns during administration periods • Completion of inheritance tax forms
Tax Compliance
Succession and Estate Planning Getting the right advice at the right time is key to pulling
Succession and Estate Planning
Trust and Estate Compliance
lbgroupltd.com
Printed on 100% Recycled Paper
Let’s discuss your options
We are Licensed Insolvency Practitioners with decades of experience in business recovery and insolvency solutions. We understand that if you believe your company is approaching insolvency, it’s sometimes difficult to ask for help, or to take any action, but this is precisely when you should, because it may not be too late. At LB Insolvency, we are experts in developing business recovery strategies and providing insolvency advice, so please call us for a confidential consultation; your first meeting is completely free.
About You If your company has financial problems and you believe every road leads to insolvency, then you have everything to gain by talking to us. You may have more options than you originally thought. There are steps you may be able to take that will allow your company to continue to trade. Our aim is to help you achieve the best possible, beneficial outcome for you, your directors and your staff. Liquidations If all else fails, liquidations are handled by us with efficiency and speed. We are able to assist directors and shareholders with the winding up of a company by way of a creditors’ voluntary liquidation. This process involves the realisations of the company’s assets for the benefit of the creditors. We have an expert team of insolvency professionals who provide advice to businesses of all sizes, across a range of sectors. Bankruptcy Finding yourself in such a vulnerable financial position, can be daunting. If this really is the only option available to you, then we will support and advise you to make a bumpy road just a Little smoother. Solvency for Entrepreneurs’ Relief As a director/shareholder you have some financially beneficial options available to you if you are considering selling or closing your business. One such option is Entrepreneurs’ Relief via an MVL, which can save you a potentially significant sum of money on your tax bill. Different avenues are beneficial for different circumstance. It is important for us to understand your individual financial map. Creditor Services Our bespoke and tailor-made free service has been designed to maximise and recover outstanding debts owed to you by
individuals and companies that are insolvent. Once you receive notice of an insolvency procedure as a creditor, all you need to do is simply notify our team. From that point on, we will manage the entire claims process. We act on behalf of businesses, individuals,
local councils, business lenders and banks. CreditManagement Function for SMEs
Cashflow is king, and never more so than for an SME. We therefore can provide a Credit Management Function for businesses which do not have the luxury of finance directors or credit controllers. Rescue procedures of Administration andReceiverships This offers a further olive branch and affords you the opportunity of a refinancing arrangement, management buyout or a sale as a going concern. Turnaround andRescue Packages There are times when a financial lifeline, alongside a turnaround and rescue package, will keep your business afloat. The difficulty is
that most traditional lending avenues would be firmly closed which makes this a difficult solution to implement. We, however, are able to bridge that gap and connect you to more sympathetic Specialist Finance Schemes, where appropriate. ViabilityReports The viability of your business is defined as your ability to survive in a financial performance and position capacity. Put simply, you need to be making sufficient profit to provide an income for yourself, as the business owner, but significantly, whilst also meeting commitments to your creditors. To this end, we can provide influential Viability Reports for you to present to banks when under facility renewal pressure.
Liquidations
Bankruptcy
Solvency for Entrepreneurs’ Relief
Credit Management Function for SMEs
Rescue procedures of Administration and Receiverships
Turnaround and Rescue Packages
Viability Reports
lbinsolvency.co.uk
Printed on 100% Recycled Paper
Have the freedom to live life on your terms
We provide business owners and individuals with financial planning advice that’s both practical and effective and we cover everything, from business protection and investments to a detailed and tangible understanding of how your day to day choices will impact your future financial independence. We are here to make your money work hard for you and we have an expert team of financial advisers who can make that happen. But first, we need to get to know you, so we can develop a plan based on your goals and aspirations. We understand that running a business can be all consuming and owners can often forget to focus on their own personal planning. We can help you to bring focus and clarity to the reasons why you work so hard and the long-term lifestyle you want to create for yourself, when you finally decide to hang up your boots and move on to your next chapter. Using powerful software, we can help you build the tracks to run your plan on, whilst testing it against the unforeseen pitfalls which could blow it off course.
About You Whether you’re looking for immediate solutions, a route to financial independence when you decide to stop working or something completely different, it’s important to plan. With detailed input from you, we will develop a strategy which will help you achieve your objectives. But our commitment to you doesn’t stop there; economic turbulence and industry trends will affect even the best-laid plans, so we are constantly reviewing, adapting and tweaking to protect your planning. Financial Planning Using our specialist knowledge and financial services products as the tools in our kitbag, we’ll help you define your future and truly understand what you can achieve with a plan built around the things which are most important to you. By using cutting edge technology to build the 'Big picture' we can help you to fulfil the dreams you have for your present lifestyle and your future retirement. WealthManagement The goal of wealth management is to sustain and grow your long-term value. We will look at the details of your ‘big picture’ and guide you, with regard to your savings, investments and pensions, to make it a reality. The value of investments and income from them can go down, you may not get back the original amount invested. Personal Protection Imagine a world where, should you nd yourself ill or injured and unable to work, you’re in the fortunate position of being able to recover fully and without the stress of worrying how you will maintain your lifestyle or
even just get by. There is a range of insurances which deliver that peace of mind, covering critical illness to family income bene t. With our guidance, we can make it your reality.
Protection plans with no investment element will have no cash in value at any time and will cease at the end of the term. If premiums are not maintained then cover will lapse. Business Protection One of the most valuable assets in any business, especially a small business, is undoubtedly the people at its core, without whom, contracts and commitments could not be met. The business protections we can offer you are all about having a safety net that will allow your business to continue to trade if the unexpected becomes the reality. Whilst we are sadly unable to protect you from the emotional impact, we can, at least, protect your business from the financial consequences of illness and death. Core Services You might know exactly which of our services you need right now, but then again… youmight not. As your personal circumstances change and your business grows and develops, so too will the kind of support you need. We’d be delighted to shed some light on which of our services would benefit you, not just now, but in the future.
Financial Planning
Savings and Investments
Pensions and Annuities
Inheritance Tax Planning
Mortgages
Life Assurance
Critical Illness
Income Protection
Family Income Benefit
Shareholder Protection
Key Person Cover
Relevant Life Assurances
lb-fs.com
Printed on 100% Recycled Paper
Mortgages for the self-employed? Yes
We are financial advisers with years of experience finding just the right mortgage for our clients. We are experts in guiding people through the entire property buying process, from ‘love at first sight’ and Stamp Duty to choosing a solicitor and insuring your contents.
We also specialise in mortgages for the self-employed and business owners. We understand that it’s not always possible to provide the cast-iron proof of earnings which high street lenders demand, but we don’t believe entrepreneurs should be penalised for that. Using our trusted and extensive network of lenders, we deliver.
Your home may be repossessed if you do not keep up the repayments on your mortgage.
MovingHome It’s a big deal moving home, with a great deal of uncertainty around many factors beyond your control, like timing. We will help you identify a realistic budget to help guide you when looking for your new home. We will address affordability, stamp duty and legal fees as well as a time-sensitive view of the lenders, as rates can fluctuate significantly from one lender to the next. Remortgaging The honeymoon period is over. Your mortgage company dazzled you, showing you the best they had to offer. Skip forward a few years and the same cannot always be said. We can help you take a look at the market to see if switching to a new mortgage deal could save you
About You We all grew up understanding that buying a home is considered to be a worthwhile investment. Despite the world being a very different place these days, it still is. Whether you need a mortgage to buy your first, or next, home, would like to release some capital through remortgaging, or you’re thinking of expanding your buy-to-let property portfolio, we will find the mortgage product that’s just right for you. Self-employed There’s no denying that applying for amortgage as someone with an irregular income is considerably more challenging and laborious. By understanding the hurdles you will face, we can pre-empt them and ensure you have everything you need to prove you are a solid investment. Buy-to-Let Is a buy-to-let the right solution for you? One property or a whole ‘portfolio’? Owned personally or within a limited company? We will make the time to understand your individual needs, goals and preferences before we make any recommendations. Most forms of Buy to Let mortgages are not regulated by the Financial Conduct Authority. First Time Buyer With changes in the way we live and the financial world we find ourselves in, it is unsurprising that the array of mortgage products available reflects this. As a first time buyer, lenders appreciate that your deposit may be built through savings or gifts, or even supported by ‘the bank of mum and dad’.
money, or whether your existing lender will offer you a good enough deal to retain your business.
Self-employed
Whatever your reasoning, we will help you to find the right mortgage product for your needs. You may have to pay an early repayment charge to your existing lender if you remortgage. Insurances We’d be delighted to shed some light on which insurance products would benefit you, not just now, but in the future. We are strong believers in the protection offered by the right policy for the right circumstances. This isn’t a box ticking exercise; this is what happens when the unexpected occurs. So let’s make a plan.
Buy-to-Let
First Time Buyer
Moving Home
Remortgaging
Life Assurance
Income Protection
We will guide you through all the options and lenders available to you, to find the right product to fit with your life.
Critical Illness
lb-ms.com
Printed on 100% Recycled Paper
Sky high We lead the field in cloud-based technology
Chartered Accountants // Chartered Tax Advisers
Finance Function Consultancy
As much as our role is to ensure your businesses are financially compliant, perhaps by completing submissions, forecasting, audit and or compliance, the very core of our service revolves around the advisory support we can deliver to you. With a top level understanding of company structures and processes, we are able to ascertain areas where technology could benefit your business.
Our aim is to free up time for you or your staff, which in turn, saves you money, allows your business to focus on core operations, making your business more scalable. We offer a full end-to-end solution for introducing clients to cloud software, from free software demonstrations to undertaking system audits, where we can map out your processes and workflows to ensure that we accommodate your current processes or other business systems. From our assessment or software
Examples of clients we have helped
A London hotel, based just outside of Hyde Park, with a turnover of £3m. A family run hotel business which has been in the family for decades. They were managing company financials and VAT returns from a manual cashbook. We advised and helped them to upgrade to a cloud-based accounting system that would integrate with their hotel booking and deposit system and digitalise their company reporting and financials. A six location nursery across Greater London and Essex, they converted their accounting system to Xero. This enabled the group of companies to consolidate their financial reporting across the sites, using third party, financial reporting to better understand the financials behind the locations of the nurseries. We then integrated their nursery invoicing system with their accounts system and automated their credit control processes, which consequently, allowed a clearer understanding of the group finances at a glance. A start-up bar and restaurant in London. We helped them with integrating their E-POS system with their accounts and expense systems for automated financial reporting, cash reconciliation, bookkeeping and payroll. This automation will allow them to focus on building their business, with accurate financials to hand, and the ability to track business performance.
1.
London Hotel
demonstration, we can understand your needs in more detail and can offer advice on suitable apps, training of staff, customised guides on how to use the software for your organisation, on-going support, and later, revisit to offer advice on continuous improvements. This is based on our years of experience using cloud-based technology, awareness of apps in your sector, and best practice on financial controls and operations. A key advantage of cloud-based technology is that there are no expensive server costs to consider; all you need is an internet connected device to use the software.
The Process
2.
Assessment
6 Location Nursery
Advice
Implementation
Training
3.
Support
London Bar & Restaurant
Monitoring
lbgroupltd.com
Printed on 100% Recycled Paper
Life’s all about choices. We help youmake the right ones
We are recruitment specialists who assist clients in finding talented individuals to fill their financial, marketing, HR and administrative roles on both permanent and temporary contracts. We operate at every level, selecting candidates both for partner and director positions, right down to the office manager at SMEs and corporates. As part of the LB Group, we have an extensive network of contacts in the financial sector which gives us access to an enviable talent pool, as well as invaluable market insight to help guide and advise you. This, together with the value we place on our relationships with candidates, gives us an edge which few recruitment companies can match.
Why not put our recruitment skills to the test? It will cost absolutely nothing to receive our very best candidate CVs; a fee is only payable if one should join your company.
About You As an employer, you already know that the whole recruitment process eats up time. We can lighten your load by writing the person specification and advertisement and by conducting all the initial interviews, or we can work together on your brief. You choose just how involved you’d like us to be. Maybe you are looking for a newopportunity? As part of LBGroup, we represent thousands of successful and thriving businesses and consequently, we are the first people called when businesses are recruiting. OurMethod We believe that getting to know you and your business is the only way to source the perfect candidate for you. There is no ‘one size fits all’. Often, it’s the details that can’t be captured on a wish list which drive a truly successful placement and this is where our relationship comes in. Through our understanding of people and how a candidate’s personality can make or break your team, we will cut through the unnecessary noise to find a tailored solution which will benefit your business. We will interview suitable candidates to make sure they are right for you, ensuring that only ‘qualified’ CVs are sent to you in the first instance. If we feel our knowledge of the marketplace ought to redefine your search, we will talk through our
recommendations to ensure you achieve a successful placement.
We are accountable for managing this procedure efficiently. Useful feedback is given to you and the applicants which can be used as a learning experience. We guarantee that you will benefit from our knowledge and experience. Our Services Finding the right person is essential to guarantee productivity and drive business performance. Your staff are the life blood of your business. Through a combination of technology and market-based knowledge, established over 30 years as recruiters, we will undertake an extensive search and selection campaign through industry specific recruitment hubs and our extensive and pre-qualified database. Our tools help us to condense a list of suitable CVs into a highly targeted, short list of people to review. As with all our professional relationships, discretion is a given. Your needs, budget and timeline, together with our capabilities, professional experience and work ethos, enable us to successfully resource all your needs.
lbrecruit.uk
Printed on 100% Recycled Paper
// lbgroupltd.com
// lbcorporatefinance.com
// lb-fs.com
// lb-ms.com
// lbinsolvency.co.uk
// lbrecruit.uk
Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16 Page 17 Page 18 Page 19 Page 20Made with FlippingBook - professional solution for displaying marketing and sales documents online