In 2008 Tom Floate left his employer to set up his own business providing website services. Initially forming a partnership with his wife Rachel, they began trading IO Studios from their home office.GJ Associates became involved at the inception of the business, assisting in choosing a suitable company structure and HMRC registrations.
During board meetings GJ highlighted the opportunity to incorporate the partnership. After preparing forecasts, we put together an illustration of where the business would be over the subsequent years comparing a partnership to a Limited company.
IO Studios incorporated the business in January 2008, with GJ guiding the company through the process step by step.
As a result the company saved a substantial amount of tax in year one. Going forward, the structure is set up to be as tax efficient as possible.
The tax savings assisted the company in renting larger premises and the ability to take on staff to further grow the business. The payroll service is also provided by GJ.
GJ have continually assisted the company, and provide further services as they are required. These include the outsourced accountant role, reviewing management accounts and providing pro active advice.
For more information on this, any of our other services or for a free, no obligation consultationSend us a Message
13, The Courtyard
Timothy's Bridge Road,
We have used the services of Grenfell James since the inception of our business. They advised us strategically through the incorporation of our partnership and have taken over our payroll function, aswell as advising us on a continuous basis on accountancy and business matters. The team are incredibly friendly, knowledgeable and their advice is always excellent.
Vada Studios is a very successful music recording facility. The business had outgrown their existing premises, and had a vision to create one of the top residential recording studios in the UK.
A highly successful restaurant, butcher and retail business.
GJA have been the retained accountants for this property investment and development group for over 20 years. Imminently due to dissolve companies.
Proco approached us with an idea of becoming a distributor of a high-end product in the UK, supplying vinyl nationally.
In 2008 Tom Floate left his employer to set up his own business providing website services. Initially forming a partnership with his wife Rachel, they began trading IO Studios from their home office.
Barry the Butcher is a very successful wholesale butchery and retail business.
Chris works with a diverse profile of owner managed businesses to assist them to grow and retain wealth. Although Chris works with clients from a wide range of sectors, he has particular expertise in property, catering, consultancy and professional services.
Managing Director ACMA
Alex has worked for Grenfell James since 2002 and became a director in 2013. Overseeing our internal operations, he manages the flow of work and ensures we hit our strict deadlines. Alex also manages a portfolio of clients, with expertise in manufacturing and service businesses.
Operational Director MAAT
David has worked for Grenfell James since 2006. He heads up our tax team and is highly experienced with expertise in different industries and sectors.
Tax Director ACCA
Hannah qualified in 2016, having worked for the company since 2009. She acts as a client manager for a range of businesses, with expert knowledge of the equestrian and rural sector. Hannah also manages our payroll team.
Client Manager ACCA
Proco Coatings & Laminates
Mr J McCarthy
Paul Stanley. A S Contracts Ltd.
Dean. Wootton IT
Roy Ferguson. The Perfect Cosmetics Company.
Mr I Cameron
Andrew Knight. The Howard Arms Ilmington
NPD Design Consultants Ltd
Mckechnies independent tea and coffee bar.
© Copyright 2018 Grenfell James Associates
Website designed by IO Studios