Tom Wilkinson Associate Director

Promotion of Tom Wilkinson to Associate Director

Wilkinson Tom

Tom Wilkinson – Associate Director – Truly a Rising Star

We are delighted to announce the promotion of Tom Wilkinson to Associate Director from 1st November.

Tom joined Pierce as a trainee in 2006 becoming a fully qualified chartered accountant in 2011 at the age of just 23.

Tom has twice been nominated for the prestigious North West Society of Chartered Accountants Accountancy Rising Star Award.

Having worked principally with Mark Maden-Wilkinson managing a number of clients as well as having a sub-portfolio of his own, Tom has now developed his role adding his specialist knowledge of Research and Development tax claims.

Tom works in all areas of general practice from compliance work such as audit and accounts to more ad hoc project work such as business plans, re-organisations and MBO’s.

Tom truly is one of our ‘Rising Stars’, having reached Associate Directorship at the age of 27.

Well done Tom.

Client Testimonials

From David Baxendale at Promedics Orthapaedic Limited

Tom Wilkinson from Pierce proactively found and recommended corporation tax savings for our company that resulted in a 2 year corporation tax refund. He worked under his own initiative and ensured that HMRC agreed with his calculations. Tom’s drive and professionalism was first class and we would highly recommend his and Pierce’s services.”

From Richard Mottram at Hills Panel Products Limited

Pierce compiled an extremely detailed and comprehensive Research and Development Tax claim on the company’s behalf which lead to a significant corporation tax saving.

The report and associated computations were a significant improvement from our previous R&D tax advisers and was also undertaken in a very timely manner”

Protect Your Business

Protect Your Business – Free Business Crime Conference

The event is free to attend although you need to register.


Protect your business

Information from :

East Lancashire Chamber of Commerce · Red Rose Court, Clayton Business Park · Clayton-Le-Moors · Accrington, Lancashire BB5 5JR · United Kingdom



This free conference brings you the latest information and practical advice to help you protect your business, your employees and your property.

The event has been developed in partnership with key business support organisations and will be opened by the Police and Crime Commissioner for Lancashire, Clive Grunshaw, who is committed to engaging with the business community to tackle the impact of crime on the local economy



  • Cyber crime and fraud and how to deal with it if it happens to your business.
  • Crime prevention advice from Lancashire Constabulary and what you can do to better protect yourself, your business, your property, your staff and your data. Business Crime Survey outcomes.


  • Ensure your business is well protected.
  • Learn about new innovative approaches being developed to tackle the emerging threats to businesses.
  • Work in partnership with other organisations to tackle business crime.

Network with other business owners, business support providers and event organisers.



10 November 2015: 9.00 am – 1.15 pm

The Best Western Leyland Hotel, Leyland Way, Leyland, PR25 4JX

The event is free to attend although you need to register.

Lunch will be provided.


HIVE Event Invitation

HIVE Event Invitation – to all businesses in Blackburn with Darwen

Hive event-invite1

Calling all of the borough’s businesses!

You are invited to join us on:

Thursday 8th October 2015 (registration from 10:00am)

For the launch of BwD Hive C.I.C

A new Community Interest Company designed to further the objectives of the original Hive business leaders’ network, and ensure that all businesses within the borough, large and small, have the opportunity to play their part.

Any businesses wishing to register their interest in attending the Hive event on Thursday, October 8 can do so via the Hive website here

With the help of Hive, business is buzzing in the borough.

Hive Event

New investors are in town too and we’re delighted to confirm that our keynote speaker at the launch will be Creative Director and fashion designer Patrick Grant.

A passion for clothing, craftsmanship and British brands led Patrick to Savile Row tailors Norton & Sons which he took over in 2005.

In 2009 Patrick re-launched the historic British sporting and military tailoring house of E. Tautz.

In 2013 he launched Hammond & Co in the UK in partnership with Debenhams.

In 2015, Patrick took the helm at Blackburn-based Cookson and Clegg.

As a borough with a proud textile and manufacturing heritage, C&C have been producing clothing in Blackburn since 1860 making them one of the longest serving UK clothing manufacturers.

Patrick is a regular on the BBC both on television and radio, including the major documentaries Savile Row, Harris Tweed, and The Perfect Suit, and the on-going BBC2 Series The Great British Sewing Bee.

To register your interest in attending, please contact us here. Don’t forget to join the Hive network too if you’re not already a member.

About HIVE

Hive was first launched in 2012 with the aim of turning Blackburn with Darwen into a world-class business area.

Since then, 250 local organisations from micro to multinational have pledged their support; we’ve had recognition of Hive’s role in improving the local business environment (Enterprising Britain Awards, 2014); we’ve hosted leading figures from within industry and we’ve celebrated the very best of business via the inaugural Hive Business Awards.

Despite a new CiC structure, the aims of Hive remain the same and are underpinned by the town’s famous motto of arte at labore – by skill and hard work.

With a proud history of manufacturing and making, we want to continue to raise the profile of Blackburn with Darwen, locally and across the wider UK, as a great place to do business; we want to attract more investment; we want to create new and long-lasting partnerships amongst local business leaders which help the borough to prosper and improve opportunities for residents – especially our young people.

Any businesses wishing to register their interest in attending the Hive event on Thursday, October 8 can do so via the Hive website here

Khalid Saifullah, Chair of the Hive Network and Director of Star Tissue UK



R&D Tax Credits… Are you missing out?

R&D to do shutterstock_8137816

Key Requirements for R&D tax credit qualification

Many companies are unaware of the activities that can qualify for R&D relief.

Pierce C. A Limited have specialist skills and knowledge of the R&D tax system and are able to help you identify qualifying projects and formulate a successful claim.

The definition of R&D is quite wide and it is worth considering if you have:

  • Made bespoke or customised products
  • Developed new products or introduced new
    products to the market
  • Made environmental improvements to your
  • Consistently made manufacturing process
  • Carried out design work in-house or subcontracted
  • Carried out prototyping or made models,
    patterns or tooling
  • Developed or improved in-house software
  • Changed the composition of your products in
    response to changes in legislation
  • Consider yourself to be a market leader in a
    product, process or technology
  • Engaged in ‘problem solving’ to meet your
    customers’ needs

Example 1

R&D expenditure of £100,000 in a profit-making company could deliver corporation tax savings of £26,000.

R&D expenditure £100,000
Enhanced R&D relief £100,000 x 130% = £130,000
Normal taxable profits £250,000
Revised taxable profits £250,000 – £130,000 = £120,000
Corporation tax saving £250,000 – £120,000 = £130,000 x 20% = £26,000
 Quote2 Quote1

Example 2

R&D expenditure of £100,000 in a loss-making company could deliver corporation tax savings of £33,350.

R&D expenditure £100,000
Enhanced R&D relief £100,000 x 130% = £130,000
Normal tax losses £100,000
Revised tax losses £100,000 – £130,000 = £230,000
Corporation tax credit cash refund due £230,000 x 14.5% = £33,350*
* Tax losses of £230,000 surrendered

For more on R&D tax credits contact:

 Tom Wilkinson  bensmith
Tom Wilkinson Ben Smith
Research and Development Tax Specialist
Research and Development Tax Specialist

Family Photographic Competition

The 2015 Pierce Family Photographic Competition is now open for entries.

Have a go,  it’s easy.

Who can enter?

Pierce personnel and their families

Pierce clients and their families

Pierce intermediaries and their families

Yes!  husbands, wives, partners, grannies, granddads, aunties, uncles, nephews, nieces, cousins, sons, daughters, mums and dads and any other kind of relative you can think of.

Father & Son small

We want your whole family to be involved.

Everyone listed above (with the exception of professional photographers) is welcome to enter.



Nature – Close Up

The main subject of your photograph must be of a natural being, plant or object (close up).

The natural world as it exists without human beings. Birds small

For example:

  • Animals
  • Birds
  • Fish
  • Flowers
  • Fungus
  • Insect,
  • Plants
  • Rivers
  • Rocks
  • Waves

You don’t have to stick to the above list, use your imagination, artistry and/or sense of humour.

Lab in Heather


How to Enter

It is so EASY – just upload your image to our website.

If you find that you have changed your mind and have taken a better shot later, just upload that and it will take the place of your previous entry.

Hit the button to enter – it’s FREE and there are great prizes.

Enter Button shutterstock_247686292


We are looking for 3 winning images in total and are offering prizes of:

£500 for the outright winner

£200 for second place

£100 for third place.


The photographs must be taken between Wednesday 1st April 2015 and Wednesday 30 September 2015.

All entries to be submitted strictly by 12 noon on 2nd October 2015.


The competition will be judged by a member of the Pierce Team and at least two independent outside judges.

More information…

For further information regarding the rules and regulations please visit the about and rules pages.


Prizes will be presented at a presentation evening, (date to be announced). Don’t forget to follow us on Twitter and Facebook to get the latest news.

Celebrating the Career of Graham Boyes

Celebrating the Career of Graham Boyes

Small File Graham Speaking 2 DSC_7406

Graham Boyes is passing on the baton after 32 years


Graham is retiring, confident that his client portfolio is in the capable hands of colleagues who will continue to provide the professional service that the practice is renowned for.


His portfolio will be managed by:

Ben Smith

Gary Speak

Simon Diggle

Paul Moulding

John Corteen

Paul Warren


We have celebrated Graham’s career with a celebration lunch on Sunday 2 August which was attended by past and present colleagues and Graham’s friends, family and clients at The Out Barn at Bashall Eaves.

small file crown luncheon (2)

Please click link to Album


Guests included former Pierce colleagues Mike Wills, Eddie Nutter, Simon Baxendale and John Thompson, and serving directors David Sharpe and Ben Smith, along with shareholders Paul Warren, John Green, Mark Maden-Wilkinson and Nadeem Hussain.

Small File Directors past and present

L – R – John Green, Mike Wills, Simon Baxendale, David Sharpe, Graham Boyes, Mark Maden-Wilkinson, Paul Warren, Ben Smith, Eddie Nutter, John Thompson


Speaking about his retirement, Graham said: “I have had an amazing time at Pierce, making many great friends while providing some inspirational entrepreneurs with advice that has helped them to grow successful businesses of their own.


“Some of that advice included succession planning and I am pleased to say that Pierce has a team in place who will ensure it can go from strength to strength by continuing to deliver the high level of service for which Pierce is renowned.”


John Green says: “Graham’s clients have known the care and attention of a superb professional and will not be disappointed going forward as their needs will continue to be met by a team of people who share his values and commitment to quality.


“Practising what he preached about succession planning, Graham has been mindful of building a strong team to continue his good work once he retired.


“Many businesses in Lancashire and beyond have benefited from his experience and expertise and I am sure that they will join us in wishing him all the best for his retirement.


“With Graham’s help, Pierce remains a progressive and dynamic firm which has naturally and organically evolved into a forward thinking practice with ‘one stop shop’ facilities for its clients.


“With a strong backbone of long serving staff, an experienced Board of Directors and excellent preparation for the future, Pierce is very well placed to support the North West business community.”


Event Details:


out barn logo

Catering was provided by:


Photographs by:

Clive Lawrence Photography

Music by

The Remedy


Current Vacancies – Audit & Accounts Senior

Current Vacancies

Audit & Accounts Senior

Young Accountants shutterstock_35480545

Candidates will be:

ACA or ACCA Fully Qualified

We seek an Audit & Accounts Senior to join our expanding team.

We offer a generous salary package.

We are an award winning practice, based in a modern, town centre office facility which is easily accessible from the motorway network. You will be joining a high performing, committed team of highly experienced business and accountancy practitioners and the successful candidate will be committed to maintaining and developing their impeccable reputation.

The role will include delivering audits, accounts, and tax compliance as well as special projects for clients across a wide range of sectors.

As an Audit & Accounts Senior your role will include;

  • Working between Audit and Accounts
  • Working with Managers, Senior Managers and Directors as the need arises
  • Producing detailed and accurate working papers
  • Conducting and/or participating in special investigations as required
  • Leading and taking part in audits
  • Assisting with general accounts and undertaking audit assignments
  • Providing accounting services in support of audit and other clients, including the preparation of consolidated and more complex statutory accounts

The ideal Audit & Accounts Senior must;

  • Be ACA or ACCA qualified
  • Have experience in a similar role
  • Have Advanced Excel skills and a good working knowledge of various software packages including computerised audit software
  • Possess the ability to communicate effectively with clients

We can offer;

  • A generous commercial salary package
  • Long-term career opportunities
  • An excellent local reputation
  • Free parking

This is a fantastic opportunity for an experienced Audit & Accounts Senior to take up a permanent role within our thriving East Lancashire business. If you’re ambitious, forward thinking and looking for a new challenge then please apply for this role today.


Please send your CV to


Prevent the trauma of under insurance

– get value for money from your insurance premiums

By:   John Meadows of Sagar Insurance

Insurance Risk Management shutterstock_123603859
Prevent the trauma of under insurance  –  Insurance works by pooling risk. A large group pay their premiums in to the insurance pool and this allows the insurance companies to pay the claims which arise (whilst also making a profit themselves!)

Everyone pays a substantial amount to insure their businesses and they need to be confident that if they need to make a claim then it will be paid in full. The amount each individual pays in premium is based on the amount of risk, or exposure their business activities brings to the pool.

Insurance Risk Management shutterstock_77408059

One of the main measures of exposure is the value, or the sum insured, of buildings, contents and gross profit. Insurers need to ensure that everyone is paying a fair premium in to the pot and so very often there is an “under insurance” clause in the policy wording.

For instance if it would cost £2m to rebuild a building but it has only been insured for £1m then only half the fair premium has been paid and consequently insurers will only pay out a proportion of the claim. The consequences for the business can be disastrous and the premium paid suddenly does not look “good value for money”.

A few guidelines to avoid under insurance :-

Insurance Are you covered shutterstock_158233841

Understand what should be included in the sum insured.

For instance the sum insured for buildings is what it would cost to rebuild including such things as removal of the debris and applying for planning permission. The market value may well be higher or lower than the cost to rebuild.

The sum insured on Gross Profit should include the wage roll as in most cases staff will still need to be paid even though the company may not be trading or trading on a reduced basis. The exact figure can be decided in conjunction with your accountant.

Understand the basis of cover.

Contents are generally insured on a reinstatement basis which means that they are replaced on “new for old” basis but the sum insured needs to reflect the cost of the new items. It is possible to insure contents on an indemnity basis where items would be replaced by equivalent second hand items. This may be appropriate where a lot of machinery is to be insured and there is a healthy second hand market in those machines. The sum insured can be lower with a subsequent saving in premium. The logistics of replacing items quickly needs thorough investigation.

Insurance Time to Rebuild

Understand the timescale

Business Interruption insurance covers the loss of gross profit following a claim. Do not underestimate the time it would take the business to recover from the effects of a large fire or flood. Rebuilding can take longer than expected and customers disappear in to the ether.

The moral of the story

Give careful consideration to your sums insured and ensure that you get value for money from your insurance


Sagar Insurances logo

Contact Details

Telephone: 01282 858250

Facsimile: 01282 858299
Group First House

12a Mead Way

Shuttleworth Mead


Lancashire BB12 7NG