Larking Gowen Insights

Tom Dunston chats to host James Nichols about the upcoming changes to lease accounting under the FRS 102 periodic review, focusing on how they will impact financial statements, covenants, and business operations. GET IN TOUCH! If you have any questions about today's episode or would like us to get in touch, email us at marketing@larking-gowen.co.uk or visit larking-gowen.co.uk We'd also love it if you could rate us 5 STARS on Apple Podcasts or Spotify; this really helps people find us! You can find more episodes from this series on our website larking-gowen.co.uk/LGI © Larking Gowen LLP This presentation is designed for the information of viewers. Whilst every effort is made to ensure accuracy, information contained in this recording may not be comprehensive and should not be acted upon without seeking professional advice.

In this FRS 102 mini-series, hosted by James Nichols, Chris Yeates explores the upcoming changes to revenue recognition requirements under FRS 102, focussing on the five step model and what businesses need to do to prepare. GET IN TOUCH! If you have any questions about today's episode or would like us to get in touch, email us at marketing@larking-gowen.co.uk or visit larking-gowen.co.uk We'd also love it if you could rate us 5 STARS on Apple Podcasts or Spotify; this really helps people find us! You can find more episodes from this series on our website larking-gowen.co.uk/LGI © Larking Gowen LLP This presentation is designed for the information of viewers. Whilst every effort is made to ensure accuracy, information contained in this recording may not be comprehensive and should not be acted upon without seeking professional advice.

Jimmy Long joins James Nichols to discuss the upcoming changes to FRS 102 focusing on small company disclosures, including related party transactions, tax disclosures, dividends, share-based payments, and new regulations affecting filing requirements. A perfect summary for small business owners and finance teams preparing for these updates. GET IN TOUCH! If you have any questions about today's episode or would like us to get in touch, email us at marketing@larking-gowen.co.uk or visit larking-gowen.co.uk We'd also love it if you could rate us 5 STARS on Apple Podcasts or Spotify; this really helps people find us! You can find more episodes from this series on our website larking-gowen.co.uk/LGI © Larking Gowen LLP This presentation is designed for the information of viewers. Whilst every effort is made to ensure accuracy, information contained in this recording may not be comprehensive and should not be acted upon without seeking professional advice.

Louise Dean and Lizzy Lloyd discuss the intricacies of the GP reimbursement scheme introduced in April 2020, exploring how practices can claim for additional capacity, the impact on funding, and practical tips for maximising benefits amidst the ongoing changes, and updates to the Statement of Financial Entitlements. GET IN TOUCH! If you have any questions about today's episode or would like us to get in touch, email us at marketing@larking-gowen.co.uk or visit larking-gowen.co.uk We'd also love it if you could rate us 5 STARS on Apple Podcasts or Spotify; this really helps people find us! You can find more episodes from this series on our website larking-gowen.co.uk/LGI © Larking Gowen LLP This presentation is designed for the information of viewers. Whilst every effort is made to ensure accuracy, information contained in this recording may not be comprehensive and should not be acted upon without seeking professional advice.

Tourism Director Jo Burton and VAT Director Gilly McGill discuss the impact of the 2026 'Great British Summer Savings Scheme' on tourism businesses. Drawing on Jo's recent survey of our tourism and hospitality clients, they analyse the results and reflect on predictions from their previous podcast. They also explore future tax considerations for the sector and share their hopes for the government's Autumn Budget on 28 October 2026. If you would like to hear their pre-summer predictions, click here Register for our Autumn Budget events here You can read the full results of the Tourism Business Survey hosted back in May 2026 here GET IN TOUCH! If you have any questions about today's episode or would like us to get in touch, email us at marketing@larking-gowen.co.uk or visit larking-gowen.co.uk For further information on today's topic, and how we can help support you and your organisation, click here We'd also love it if you could rate us 5 STARS on Apple Podcasts or Spotify; this really helps people find us! You can find more episodes from this series on our website larking-gowen.co.uk/LGI © Larking Gowen LLP This presentation is designed for the information of viewers. Whilst every effort is made to ensure accuracy, information contained in this recording may not be comprehensive and should not be acted upon without seeking professional advice.

Lease accounting is changing significantly under the revised FRS 102 and Charity SORP 2026. In this episode, Giles Kerkham and James Nichols explain what the changes mean for charities, including why many leases will now appear on the balance sheet and how this could affect reported assets, liabilities and expenditure. They also explore the practical issues charities need to consider, from identifying leases and gathering key data to making judgements around lease terms and exemptions. Most importantly, they explain what finance teams and trustees can start doing now to make the transition smoother. GET IN TOUCH! If you have any questions about today's episode or would like us to get in touch, email us at marketing@larking-gowen.co.uk or visit larking-gowen.co.uk For further information on today's topic, and how we can help support you and your organisation, click here We'd also love it if you could rate us 5 STARS on Apple Podcasts or Spotify, or 'Like' us on YouTube; this really helps people find us! You can find more episodes from this series on our website, click here. © Larking Gowen LLP This presentation is designed for the information of viewers. Whilst every effort is made to ensure accuracy, information contained in this recording may not be comprehensive and should not be acted upon without seeking professional advice.

In this episode, Giles Kerkham is joined by Chris Yeates to unpack the new revenue recognition requirements under SORP 2026. They explain the difference between exchange and non-exchange income, where charities may need to exercise judgement, and how the new five-step model could affect the timing of income recognition. They also discuss practical areas to review now, including contracts, membership income and more complex service arrangements. A practical guide to understanding the changes without getting lost in the accounting jargon. GET IN TOUCH! If you have any questions about today's episode or would like us to get in touch, email us at marketing@larking-gowen.co.uk or visit larking-gowen.co.uk For further information on today's topic, and how we can help support you and your organisation, click here We'd also love it if you could rate us 5 STARS on Apple Podcasts or Spotify, or 'Like' us on YouTube; this really helps people find us! You can find more episodes from this series on our website, click here. © Larking Gowen LLP This presentation is designed for the information of viewers. Whilst every effort is made to ensure accuracy, information contained in this recording may not be comprehensive and should not be acted upon without seeking professional advice.

In this episode, Giles Kerkham is joined by Lee Robinson to explore the key changes affecting tier one charities with income below £500,000. They focus on what trustees need to know about the annual report, including impact reporting, reserves, future plans, volunteers and the importance of linking the narrative to the financial statements. They also discuss the new reporting requirements that smaller charities may not have faced before, where trustees should exercise judgement, and why simply rolling forward last year's report may no longer be enough. A practical guide to making your trustees' annual report clearer, more useful and ready for SORP 2026. GET IN TOUCH! If you have any questions about today's episode or would like us to get in touch, email us at marketing@larking-gowen.co.uk or visit larking-gowen.co.uk For further information on today's topic, and how we can help support you and your organisation, click here We'd also love it if you could rate us 5 STARS on Apple Podcasts or Spotify, or 'Like' us on YouTube; this really helps people find us! You can find more episodes from this series on our website, click here. © Larking Gowen LLP This presentation is designed for the information of viewers. Whilst every effort is made to ensure accuracy, information contained in this recording may not be comprehensive and should not be acted upon without seeking professional advice.

Giles Kerkham and Emma Hayward explore the changes affecting tier two and tier three charities, with a particular focus on the trustees' annual report and the story charities tell through their financial reporting. They discuss impact reporting, reserves, risks, volunteers, financial performance and the need for stronger links between a charity's activities, its financial information and its plans for the future. The focus is not on producing more words, but on producing clearer, more useful reporting for trustees, funders and other stakeholders. GET IN TOUCH! If you have any questions about today's episode or would like us to get in touch, email us at marketing@larking-gowen.co.uk or visit larking-gowen.co.uk For further information on today's topic, and how we can help support you and your organisation, click here We'd also love it if you could rate us 5 STARS on Apple Podcasts or Spotify, or 'Like' us on YouTube; this really helps people find us! You can find more episodes from this series on our website, click here. © Larking Gowen LLP This presentation is designed for the information of viewers. Whilst every effort is made to ensure accuracy, information contained in this recording may not be comprehensive and should not be acted upon without seeking professional advice.

Gilly McGill and Dominic Carter discuss forthcoming and potential changes to UK tax law, including VAT digitisation, capital good scheme thresholds, and proposed changes to company share buybacks, buyouts and demergers. They explore how these changes impact businesses, landowners, and advisors, providing insights into upcoming regulatory shifts. Sign up to our events newsletter here to find out more about our Budget Live events. GET IN TOUCH! If you have any questions about today's episode or would like us to get in touch, email us at marketing@larking-gowen.co.uk or visit larking-gowen.co.uk We'd also love it if you could rate us 5 STARS on Apple Podcasts or Spotify; this really helps people find us! You can find more episodes from this series on our website larking-gowen.co.uk/LGI © Larking Gowen LLP This presentation is designed for the information of viewers. Whilst every effort is made to ensure accuracy, information contained in this recording may not be comprehensive and should not be acted upon without seeking professional advice.

Jamie Butcher chats to Louise Dean about the key considerations, financial implications, and legal aspects of becoming a GP partner. They explore the transition from salaried GP to partner, focusing on understanding practice finances, partnership agreements, premises, and decision-making processes. GET IN TOUCH! If you have any questions about today's episode or would like us to get in touch, email us at marketing@larking-gowen.co.uk or visit larking-gowen.co.uk We'd also love it if you could rate us 5 STARS on Apple Podcasts or Spotify; this really helps people find us! You can find more episodes from this series on our website larking-gowen.co.uk/LGI © Larking Gowen LLP This presentation is designed for the information of viewers. Whilst every effort is made to ensure accuracy, information contained in this recording may not be comprehensive and should not be acted upon without seeking professional advice.

In the first of three special episodes recorded live at the Tourism Business Survey seminar in May 2026, this episode explores the challenges and opportunities the UK tourism and hospitality sector faces as the Larking Gowen team reflect on 20 years of the survey and this years results. Plus we hear from industry expert, and the author of Stand Out Hospitality Cassie Davison, on what businesses should be doing to thrive in the face of constant change. You can find more recordings from this seminar at larking-gowen.co.uk/tourism-insights, including insights on the employment, staffing and marketing results, and full panel discussion with Cassie, The Hotel Folk and Pensthorpe nature reserve. Download your full copy of the results brochure here. Buy Cassie's book – Stand Out Hospitality – here GET IN TOUCH! We would love to hear your thoughts on today's episode, email us at podcasts@larking-gowen.co.uk. We would also love it if you could rate us 5 STARS on Apple Podcasts or Spotify, this really helps people find us! Check out our website to see how our tourism experts could help you and your business www.larking-gowen.co.uk The views and opinions expressed in this recording are solely those of the individuals involved and do not necessarily reflect the official policy or position of Larking Gowen LLP. © Larking Gowen LLP

In this episode, Jo Burton and Gilly McGill discuss the UK government's VAT changes under the Great British Summer Savings scheme, exploring how businesses in the tourism, hospitality, and leisure sectors can prepare and adapt to these new, but temporary regulations. Resources: UK Government VAT Policy Details Tourism Business Survey results 2026 GET IN TOUCH! If you have any questions about today's episode or would like us to get in touch, email us at marketing@larking-gowen.co.uk or visit larking-gowen.co.uk We'd also love it if you could rate us 5 STARS on Apple Podcasts or Spotify; this really helps people find us! You can find more episodes from this series on our website larking-gowen.co.uk/LGI © Larking Gowen LLP This presentation is designed for the information of viewers. Whilst every effort is made to ensure accuracy, information contained in this recording may not be comprehensive and should not be acted upon without seeking professional advice.

Louise Dean and Jamie Butcher explore the complexities of expense claims for GPs, breaking down what can and cannot be claimed for tax purposes. They discuss key areas including taxable income, state pensions, home office costs, professional subscriptions, equipment purchases, motoring expenses, and the growing implications of owning electric vehicles. They highlight the importance of understanding tax codes and provides practical guidance to help GPs make the most of legitimate claims while staying compliant with HMRC rules. GET IN TOUCH! If you have any questions about today's episode or would like us to get in touch, email us at marketing@larking-gowen.co.uk or visit larking-gowen.co.uk We'd also love it if you could rate us 5 STARS on Apple Podcasts or Spotify; this really helps people find us! You can find more episodes from this series on our website larking-gowen.co.uk/LGI © Larking Gowen LLP This presentation is designed for the information of viewers. Whilst every effort is made to ensure accuracy, information contained in this recording may not be comprehensive and should not be acted upon without seeking professional advice.

In this episode, Laura is joined by VAT director Gillian McGill to discuss the complexities of VAT for the agricultural sector. They cover essential topics such as record keeping, tax points, cash vs. invoice accounting, VAT rates, exemptions, and common mistakes made by clients. Gilly emphasises the importance of good record-keeping and understanding the nuances of VAT regulations to ensure compliance and optimising your tax position. Beyond the Barn, the Business of Farming. This special farming mini-series is hosted by Laura Clayton, an assistant manager in the farms and rural business team, and in each episode Laura invites a different guest to share their expertise on various business topics affecting the farming and rural community. The series covers a range of subjects including tax, legal matters, succession, and inheritance, aiming to provide insights and tips to those living and working in agriculture. GET IN TOUCH! If you have any questions on today’s episode, email us at podcasts@larking-gowen.co.uk.   You can get in touch with our presenters directly through the Our People section of our website, or visit our Farms and Rual Business page here We’d also love it if you could rate us 5 STARS on Apple Podcasts or Spotify as this really helps people find us! You can find more episodes from this series on our website here.     This presentation is designed for the information of viewers. Whilst every effort is made to ensure accuracy, information contained in this recording may not be comprehensive and should not be acted upon without seeking professional advice. © Larking Gowen LLP

Land agents Brown&Co join Laura and Steve Rudd to explore the latest planning law reforms impacting farmers. Expert Emma Griffiths discusses the significant changes in permitted development rights, the introduction of the National Development Management Policies, and the implications of the Planning and Infrastructure Bill. Gain valuable insights into how these reforms are shaping rural development and what they mean for the future of planning. Whether you're a landowner, developer, or simply interested in the evolving landscape of planning law, this episode is packed with essential information. Tune in to stay informed and prepared for the changes ahead. Beyond the Barn, the Business of Farming. This special farming mini-series is hosted by Laura Clayton, an assistant manager in the farms and rural business team, and in each episode Laura invites a different guest to share their expertise on various business topics affecting the farming and rural community. The series covers a range of subjects including tax, legal matters, succession, and inheritance, aiming to provide insights and tips to those living and working in agriculture. GET IN TOUCH! If you have any questions on today’s episode, email us at podcasts@larking-gowen.co.uk.   You can get in touch with our presenters directly through the Our People section of our website, or visit our Farms and Rual Business page here We’d also love it if you could rate us 5 STARS on Apple Podcasts or Spotify as this really helps people find us! You can find more episodes from this series on our website here.     This presentation is designed for the information of viewers. Whilst every effort is made to ensure accuracy, information contained in this recording may not be comprehensive and should not be acted upon without seeking professional advice. © Larking Gowen LLP

Laura is joined by partner Laurie Hill to discuss the various business structures used in farming, including sole traders, partnerships, and companies. They explore the implications of each structure on liability, tax, ownership, and control, as well as the importance of partnership agreements and succession planning. The discussion also touches on the impact of digital transformation in farming and the necessity of having early conversations about business structures to ensure they align with family dynamics and commercial goals. Finally, they address exit strategies and the complexities involved in transitioning out of a family business. Beyond the Barn, the Business of Farming. This special farming mini-series is hosted by Laura Clayton, an assistant manager in the farms and rural business team, and in each episode Laura invites a different guest to share their expertise on various business topics affecting the farming and rural community. The series covers a range of subjects including tax, legal matters, succession, and inheritance, aiming to provide insights and tips to those living and working in agriculture. GET IN TOUCH! If you have any questions on today’s episode, email us at podcasts@larking-gowen.co.uk.   You can get in touch with our presenters directly through the Our People section of our website, or visit our Farms and Rual Business page here We’d also love it if you could rate us 5 STARS on Apple Podcasts or Spotify as this really helps people find us! You can find more episodes from this series on our website here.     This presentation is designed for the information of viewers. Whilst every effort is made to ensure accuracy, information contained in this recording may not be comprehensive and should not be acted upon without seeking professional advice. © Larking Gowen LLP

The team are back with part two of their discussion on record keeping and accounting software and why its key for farmers to embrace. Join Laura, Amber, and Annabelle as they explore the diverse options available, from cloud-based solutions like Xero and QuickBooks to specialized tools like Farmplan. Discover how these platforms can streamline operations, enhance data accuracy, and support business growth. Whether you're considering a switch or looking to optimise your current setup, this episode offers valuable insights and practical advice. Don't miss out on learning how to make the most of digital tools. This special farming mini-series is hosted by Laura Clayton, an assistant manager in the farms and rural business team, and in each episode Laura invites a different guest to share their expertise on various business topics affecting the farming and rural community. The series covers a range of subjects including tax, legal matters, succession, and inheritance, aiming to provide insights and tips to those living and working in agriculture. GET IN TOUCH! If you have any questions on today’s episode, email us at podcasts@larking-gowen.co.uk.   You can get in touch with our presenters directly through the Our People section of our website, or visit our Farms and Rual Business page here We’d also love it if you could rate us 5 STARS on Apple Podcasts or Spotify as this really helps people find us! You can find more episodes from this series on our website here.     This presentation is designed for the information of viewers. Whilst every effort is made to ensure accuracy, information contained in this recording may not be comprehensive and should not be acted upon without seeking professional advice. © Larking Gowen LLP

Laura and guest Amber-Rose Barrett take you behind the scenes of their experiences as accountants, focusing on the dynamics of client relationships. They reflect on the importance of communication and their proactive support for clients, as well as the evolving nature of their roles in the accounting field. They also address the challenges and opportunities presented by digital integration and succession planning in the farming sector. Beyond the Barn, the Business of Farming. This special farming mini-series is hosted by Laura Clayton, an assistant manager in the farms and rural business team, and in each episode Laura invites a different guest to share their expertise on various business topics affecting the farming and rural community. The series covers a range of subjects including tax, legal matters, succession, and inheritance, aiming to provide insights and tips to those living and working in agriculture. GET IN TOUCH! If you have any questions on today’s episode, email us at podcasts@larking-gowen.co.uk.   You can get in touch with our presenters directly through the Our People section of our website, or visit our Farms and Rual Business page here We’d also love it if you could rate us 5 STARS on Apple Podcasts or Spotify as this really helps people find us! You can find more episodes from this series on our website here.     This presentation is designed for the information of viewers. Whilst every effort is made to ensure accuracy, information contained in this recording may not be comprehensive and should not be acted upon without seeking professional advice. © Larking Gowen LLP

Beyond the Barn, the Business of Farming. In this epiosode Laura is joined by digital experts Amber- Rose Barrett and Anabelle Smith to discuss the critical importance of accurate record keeping and data management in the farming and rural business sector. They explore the perspectives of clients, accountants, and HMRC on the necessity of maintaining precise records. Practical tips for clients on how to keep their records accurate and up-to-date, the transition from manual to digital record keeping, and the ongoing role of accountants in providing valuable insights and support and concludes with a look ahead to the implications of MTD for individuals and the importance of client support during this transition. This special farming mini-series is hosted by Laura Clayton, an assistant manager in the farms and rural business team, and in each episode Laura invites a different guest to share their expertise on various business topics affecting the farming and rural community. The series covers a range of subjects including tax, legal matters, succession, and inheritance, aiming to provide insights and tips to those living and working in agriculture. GET IN TOUCH! If you have any questions on today’s episode, email us at podcasts@larking-gowen.co.uk.   You can get in touch with our presenters directly through the Our People section of our website, or visit our Farms and Rual Business page here We’d also love it if you could rate us 5 STARS on Apple Podcasts or Spotify as this really helps people find us! You can find more episodes from this series on our website here.     This presentation is designed for the information of viewers. Whilst every effort is made to ensure accuracy, information contained in this recording may not be comprehensive and should not be acted upon without seeking professional advice. © Larking Gowen LLP