The ability to listen and learn from one another has always been vital in parliament, in business and in most aspects of daily life. But at this particular moment in time, as national and global events continue to reiterate, it is uncommonly crucial that we forge new channels of communication and reinforce existing ones. The following article from Grant-jones Accountancy is an attempt to do just that. We would welcome your thoughts on this or any other Parliamentary Review article.
Rt Hon The Lord David Blunkett
Rt Hon The Lord Eric Pickles
THE PARLIAMENTARY REVIEW
Highlighting best practice
20 | GRANT-JONES ACCOUNTANCY
Fiona Grant-Jones, Owner
Founded in 2006 and based in Camberley, Surrey, Grant-
Jones Accountancy are a firm providing tax advice, business
support, business growth advice and accountancy services. As
a company, though, they believe accountancy is about so much
more than merely the numbers. As a profession, they believe
they have the opportunity and the obligation to make a positive
contribution to businesses and their owners, to the economy
and to the wider world. Elaborating on this is the following
article authored by the firm’s owner, Fiona Grant-Jones.
As a profession, accountancy is traditionally seen as being “just bean counting”.
To a lot of people it is a bit dull and a necessary evil. They view their accountant as
a commodity rather than a service: necessary but, as long as they do the job and
aren’t too expensive, one accountant is much like another. Others see advances in
technology (cloud accounting software and initiatives such as Making Tax Digital)
and question whether they need an accountant at all.
By taking this view, however, many businesses, especially SMEs, are failing to
benefit from the depth and breadth of expertise their accountant has to offer.
Accountants should make a difference. They need to understand the pain
entrepreneurs feel, and offer real, tangible and practical solutions to address it.
That is what I have set out to do with Grant-Jones Accountancy.
A wealth of experience to help clients create a legacy
Grant-Jones Accountancy were formed in 2006 and, like most of our clients, we
an SME. We have gone through the same struggles we see our clients experience.
We know first hand what it can feel like to be the small fish in the big pond.
Everyone in Grant-Jones Accountancy has the advantage of a wide range of experience
and training. Take me, for example. I am a qualified accountant, of course, but I started
my career in industry. That is where I was trained, and where I had the opportunity to
build a wide range of other skills. I’ve worked in global multi-nationals and travelled all
over the world. I’ve seen both operational accounting and audit. I’ve been a consultant
and project manager in addition to being in management and financial accounting.
Now, as a chartered management accountant and chartered tax adviser, I work with
a wide range of clients: from private individuals to medium-sized businesses (anything
up to 1,000 employees) and from start-ups to businesses of over 100 years’ standing.
My skill-set is by no means unusual in my team. With our combined experience we
can offer a more comprehensive commercial solution to entrepreneurs, so they can
overcome any challenges, achieve their goals, make their mark on the world and
create an inheritance for their families. That is, after all, what most of us go into
business for in the first place: to leave a legacy.
AT A GLANCE
»Owner: Fiona Grant-Jones
»Founded in 2006
»Based in Camberley, Surrey
»Service: Accountancy, tax
advisory services, business
support services and business
»No. of employees: 4
Owner’s Guide To The UK’s
Best Accountancy Practices
»B1G1 Business for Good
21GRANT-JONES ACCOUNTANCY |
BEST PRACTICE REPRESENTATIVE 2019
Believing in businesses so they
can realise their dreams
I passionately believe in businesses.
I see them as good for the economy
(local, national and global), good
for the communities in which they
are based, good for those who run
them and work in them and good for
Growing my own business has told me
how satisfying it can be. I know that I
am creating something of meaning for
my own family and giving employment
and opportunities to my team. That is
why I am so determined that we do
more than “run the numbers” for our
clients. I believe our role for clients
is more than ensuring compliance
with the rules and paying the right
amount of tax. I want to see them
thrive – to get the same joy in seeing
their business grow as they realise
their dreams and secure a future for
Doing more for businesses by
helping them grow
We are now positioning Grant-Jones
as “not your average accountant” by
offering a range of business growth
services for all types of business. By
using the collective experience of
the team and by making strategic
alliances with other like-minded
accountants and tax advisers, we can
now offer benchmarking information,
performance improvement advice,
decision support tools and personal
and business tax planning.
It has been exhilarating to see the
impact we’re having. In the last few
weeks, we’ve saved our biggest
client £600,000 and one of our sole
traders £5,000. In both cases, that is a
significant sum for them and will make
a big difference for their businesses.
Our desire to do good goes deeper too.
Helping businesses isn’t enough.We
want to make an impact on the world.
A business for good – changing
the world one impact at a time
In industry, the idea of corporate
social responsibility isn’t new. For
small businesses, however, it seems
unaffordable. How can you make a
meaningful difference to the most
disadvantaged when you are building a
business from the bottom up?
That is why Grant-Jones Accountancy
became a B1G1 Business for Good
in 2017. The idea is simple. B1G1
co-ordinate small donations from
businesses all around the world and
pass them to 500 carefully screened
projects that contribute to the United
Nations Sustainable Development
Goals. These small donations – which
may provide pens and books for a child
to give them an education, or seeds
and tools to a farmer to feed his family
– they call “impacts”. To date, they
have made 143 billion of them.
We link business services to these
impacts – we give an impact for every
set out accounts, every tax return
and every business review – and, as
a result, it differentiates what we do
from “the rest”. So far, we have made
over 18,000 impacts, which means
clean water for families, literacy for
children and food for everyone.
Not your average accountant
There is an exciting future ahead for
Grant-Jones Accountancy. We are
expanding – with all the pleasures and
challenges that brings – and now we
have set a new target to help clients
and also those most in need. Our aim
is to put an additional £1 million in
my clients’ bank accounts and make
one million impacts on the world –
an initiative we call Get and Give a
Million. Through this and through
everything we do at Grant-Jones we
want to spread the message that
accountants can and should domore.
businesses to thrive
So far, we have
clean water for
for children and
Rt Hon Kwasi Kwarteng's Foreword For The Parliamentary Review
This year’s Parliamentary Review reflects on a tumultuous and extraordinary year, globally and nationally. As well as being an MP, I am a keen student of history, and I am conscious that 2020 would mark the end of an era. It will be remembered as the year in which we concluded Brexit negotiations and finally left the European Union. Above all, it will be remembered as the year of Covid-19.
In our fight against the pandemic, I am delighted that our vaccination programme is beginning to turn the tide – and I pay tribute to the British businesses, scientists and all those who have helped us to achieve this. But the virus has dealt enormous damage, and we now have a duty to rebuild our economy.
We must ensure that businesses are protected. We have made more than £350 billion available to that end, with grants, business rates relief and our furlough scheme supporting more than 11 million people and jobs in every corner of the country, maintaining livelihoods while easing the pressure on employers. The next step is to work with business to build back better and greener, putting the net zero carbon challenge at the heart of our recovery. This is a complex undertaking, but one which I hope will be recognised as a once in a lifetime opportunity.
Through the prime minister’s ten point plan for a green industrial revolution, we can level up every region of the UK, supporting 250,000 green jobs while we accelerate our progress towards net zero carbon emissions.
With our commitment to raise R&D spending to 2.4% of GDP and the creation of the Advanced Research & Invention Agency, we are empowering our fantastic researchers to take on groundbreaking research, delivering funding with flexibility and speed. With this approach, innovators will be able to work with our traditional industrial heartlands to explore new technologies, and design and manufacture the products on which the future will be built – ready for export around the globe.
And I believe trade will flourish. We are a leading nation in the fight against climate change. As the host of COP26 this year, we have an incredible opportunity to market our low-carbon products and expertise. Our departure from the EU gives us the chance to be a champion of truly global free trade; we have already signed trade deals with more than 60 countries around the world.
As we turn the page and leave 2020 behind, I am excited about the new chapter which Britain is now writing for itself, and for the opportunities which lie ahead of us.