Parkers Accountants

Highlighting best practice as a representative in The Parliamentary Review

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 Parkers Accountants is an attempt to do just that. We would welcome your thoughts on this or any other Parliamentary Review article.

1PARKERS ACCOUNTANTS |
BEST PRACTICE SPONSOR 2021
Managing Director
Phillip M Ford FCCA, FAIA
Our Manchester office
Parkers Accountants was established in 1984 by three
partners Phillip Ford, Mr F Leon and Mr P Herman. Based
in Manchester, the partnership specialised in giving advice
to small and medium-sized businesses with a specific focus on
bookkeeping, VAT, accounts preparation, self-assessments,
corportation tax and general taxation advice. For the past four
decades it has helped many individuals, partnerships and limited
companies to fulfil their legal obligations and keep their tax
affairs up to date, and continues to do so to this day. Managing
Director Phillip Ford goes into further detail below about what
allows the firm to perform at its best.
In addition to our core services, we have also been able to give personal help
and advice regarding mortgages, divorce settlements and even social care duties
advising on career paths for clients and siblings, university challenges and helping
families in bereavements. Our long tenure has also allowed us to maintain a very
good working relationship with the tax offices and tax inspectors.
It’s personnel
Around 20 years ago, two of my partners retired, and I am now responsible for a
very dedicated team. Viv Neylon, our manager, has been with us for almost three
decades and Mr Flanagan, a former tax inspector, has been with us for over 20
years. We are fortunate to have an excellent support and secretarial team, upon
whom we can rely absolutely. I enjoy the work I do to the extent that I start my day
FACTS ABOUT
PARKERS ACCOUNTANTS
»Managing Director:
Phillip M Ford FCCA, FAIA
»Established in 1984
»Based in Manchester
»Services: Accountancy including
bookkeeping, business advice,
self-assessments, accounts
preparation
»No. of employees: 8
Parkers Accountants
THE PARLIAMENTARY REVIEW
Highlighting best practice
2| PARKERS ACCOUNTANTS
at half past five in the morning and
finish as and when required.
I am able to balance my role as an
accountant with other roles, and I am
a council member and the chairman
of qualifications at the Association of
International Accountants. I am also
the vice president of the organisation.
I have been involved in the Making
Tax Digital programme from its very
first day and am the representative
member of the AIA at the Joint
VAT Consultative Committee at the
Treasury in London. I have also been
appointed as the non-executive
director of a number of large plcs.
One of the most exciting moments
was meeting Prince Charles at the
Commonwealth heads of state
gathering in London. Through filling a
range of roles within my profession, I
feel qualified to move with the times,
as well as guiding the changes that are
taking place.
Time is money
We are committed to helping the
community in any way we can. We
believe it is vital to offer both money
and time to help. We care about
improving our society and we spare
no time in helping the elderly and
pensioners for free, if the need arises,
assisting them to keep up to date and
fulfil their legal obligations.
Of late we have introduced specifically
tailored help for pensioners: we
complete their self-assessment
returns free of charge, helping them
in the same way they have helped
us over the years. Our company has
enjoyed steady growth over the past
36 years, and we could not have
done so without our loyal customers.
We are fortunate that we are very
well established and continue to
grow organically through personal
recommendations.
Providing accountancy
services and financial
advise for decades
We are
committed to
helping the
community in
any way we
can. We
believe it is
vital to offer
both money
and time
tohelp
3PARKERS ACCOUNTANTS |
BEST PRACTICE SPONSOR 2021
Light at the end of the
Channel Tunnel
We are able to plan and advise clients
on the future relationship with our
European partners and we can now
see light at the end of the tunnel. In
my opinion, Great Britain will always
be great, and we have to work harder
to make it an even greater place for
living, financial investments, stability
and opportunities.
We consider ourselves to be a major
contributor to social welfare and UK
economic growth, and we continue
to be committed to delivering public
value. We are committed to generating
solutions to the challenges we
face and to helping with our social
responsibilities. I am proud to have
been involved in the success of our
practice, which is in turn part of the
success of our society and part of the
success of our Great Britain.
On the ball
Although we provide a very good
service and advice, I am always
devising ways to improve the services
provided and keep up to date. Parkers
Accountants is one of the few firms
that complete its clients’ accounts
within two to four weeks of the
end of the accounting reference
date. Therefore, the information
provided to clients is topical and
helpful for business owners to make
financialdecisions.
We are proud to be on the ball and
that allows us to be able to help
businesses survive and achieve their
goals. I am a chartered certified
accountant and make myself available
to see clients at any time of day up
to 10 o’clock in the evening and any
time at the weekends. This attitude
helps our clients to attend to their
financial affairs without suffering a
negative impact on their own work
life balance.
I am keen to keep our current organic
growth going at a sustainable rate
and now my daughter Alex Ford has
qualified as an ACCA member and
works in private equity finance. She
is in line to carry on with the practice
when I decide to retire. Over the past
36 years we have met and overcome
many challenges but stayed strong
and are now reaping the rewards of
success. Hard work and commitment
are the driving forces behind
oursuccess.
Parkers
Accountants is
one of the few
firms that
complete its
clients’ accounts
within two to
four weeks of
the end of the
accounting
reference date
Meeting Prince Charles at the
Commonwealth heads of state
gathering in London

This article was sponsored by Parkers Accountants. The Parliamentary Review is wholly funded by the representatives who write for it. The publication in which this article originally appeared contained the following foreword from Rt Hon Kwasi Kwarteng.

Rt Hon Kwasi Kwarteng's Foreword For The Parliamentary Review

By Rt Hon Kwasi Kwarteng

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.
Rt Hon Kwasi Kwarteng
Secretary of State for Business, Energy and Industrial Strategy