Ballards Device White

Accountants For Agribusiness

Specialist agricultural and rural accountants providing support and business advice.

We act for a range of landed estates, farming, horticultural and rural businesses, advising them on a range of issues affecting their businesses whether it is trusts, VAT, mixed farming, diversification, treatment of expenditure on farm and other commercial buildings, rental portfolios or the use of companies.

We understand that the rural and agriculture sector is a specialist sector, having unique practices and conventions, making rural enterprises unlike other commercial enterprises. Our approach to each client is therefore tailored to recognise your unique circumstances. This is why we always build up an in-depth knowledge of your business so that we can tailor our services accordingly and add value wherever possible.

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We provide specialist accountancy and commercial advisory services to farmers and landowners including;

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Insight

Understanding the Different Types of Accounting: A Comprehensive Overview

Accounting, while often perceived as a complex and technical field, is fundamental to the success of any business. It involves the systematic recording, classification, and ...
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Property Watch – October 2024 UK residential property transactions

Property Watch – October 2024. Have a look at the UK residential property transactions for UK housing market for the year to 31 August 2024 ...
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Mitigating Risks: How Audits Protect Your Business

From financial fraud to internal control weaknesses, unforeseen challenges can threaten your company's stability and growth. Here at Ballards LLP, financial audit specialists, we believe ...
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The Strategic Integration of AI in Financial Decision-Making: Beyond Basic Automation

Artificial Intelligence has evolved far beyond its initial role in financial operations, transforming from a mere automation tool into a sophisticated decision-making powerhouse that fundamentally ...
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Maximising Digital Transformation ROI Through Strategic Process Architecture

Digital transformation initiatives frequently fall short of delivering their promised return on investment, with research indicating that 70% of such projects fail to meet their ...
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Optimising Your Management Information Systems: Beyond Basic Reporting

Management Information Systems (MIS) are critical for informed decision-making, yet many organisations only use them for basic monthly reports, missing valuable insights. Transforming raw data ...
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Strategic Partnerships: Unlocking Value Beyond Traditional Growth

Strategic partnerships can drive significant business growth, with research showing they can boost revenue by up to 28% when well-structured (McKinsey Global Survey, 2023). However, ...
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Fraud Detection and System Improvements in General Practice

Having overseen GP Practices for more than 25 years, I've witnessed significant evolution in their governance structures. The era of informal management, where a lead ...
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How to Rescue a Failing IT Project: Turning the Tide Towards Success

Even the most meticulously planned IT projects can encounter roadblocks. Deadlines slip, budgets balloon, and the initial excitement can morph into a sense of dread. ...
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Financial Transformation Through Process Mining: Unlocking Hidden Efficiencies

Process mining technology represents a significant evolution in financial operations management, offering unprecedented visibility into the actual execution of business processes across enterprise systems. Traditional ...
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Strategic Inventory Management: Beyond Basic Stock Control

Effective inventory management extends far beyond maintaining appropriate stock levels - it represents a crucial intersection of operational efficiency, working capital optimisation, and strategic business ...
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Embracing Cloud Accounting: The Future of Financial Management

Gone are the days of bulky software installations, cumbersome data backups, and limited access to your financial information. In today's digital age, cloud accounting reigns ...
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Changes to Business Asset Disposal Relief and the Impact on Exit Planning

The recent modification of Business Asset Disposal Relief (BADR) marks a substantial shift in tax policy for business owners contemplating an exit strategy.
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HMRC revokes pickup truck commercial rules

Double-cab pickup trucks are firm rural favourites, but an HMRC tax rules change is set to remove their commercial vehicle status
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What is the Best Document Management System? It Depends.

Effective document management is no longer a luxury, it's a necessity. But with a plethora of Document Management Systems (DMS) available, choosing the "best" one ...
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Updated Eligibility for R&D Tax Credits

The R&D tax credit scheme has been expanded to include two new categories of eligible costs - cloud computing and dataset purchases. This change came ...
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The Power of Now: Unleashing the Benefits of Real-Time Accounting

In today's dynamic business environment, where agility and informed decision-making reign supreme, traditional accounting practices can feel sluggish. Here at Ballards LLP, we believe the ...
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Property Watch – September 2024 UK residential property transactions

Property Watch – August 2024. Have a look at the UK residential property transactions for UK housing market for the year to 31 August 2024 ...
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How Much Does Cyber Essentials Cost? Understanding Costs and Value

Cyber security is no longer an optional expense – it's a critical investment for businesses of all sizes. Frameworks like Cyber Essentials and Cyber Essentials ...
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How to Choose the Best Payroll System for Your Business?

With a plethora of payroll software options available, many business owners grapple with the question: "What's the best payroll system?" The truth is, there's no ...
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Fresh Faces and New Spaces: Ballards LLP’s Double Scoop of Growth

We're thrilled to announce the addition of a new cohort of graduates to our ranks. These graduates have joined various teams within the organisation, including ...
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Local Businesses Raise Over £3,000 for Grace Kelly Childhood Cancer Trust

Ballards LLP and Four Squared Recruitment have joined forces in an impressive fundraising campaign for the Grace Kelly Childhood Cancer Trust.
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The Value of Independent Audits: Building Trust and Credibility

In today's competitive business landscape, trust is paramount. Stakeholders, investors, and even customers rely on accurate financial information to make informed decisions. That's where independent ...
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Effective IT Leadership: Bridging the Resource Gap Through Fractional CIO Services

The complexities of managing IT infrastructure and digital transformation initiatives demand senior-level technology leadership, yet many organisations face challenges in securing and justifying full-time IT ...
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Is Outsourcing Practice Manager’s Support Services Right for Your Business?

At Ballards LLP, we have assembled a specialist team with extensive knowledge and understanding of GP finances. We recognise the challenges faced by GP practices ...
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Strategic Cost Transformation: Beyond Traditional Cost Cutting

Strategic cost transformation represents a fundamental shift from traditional cost-cutting approaches, presenting opportunities for businesses to reimagine their operational framework while maintaining competitive advantages.
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Supply Chain Risk Management: Building Resilient Business Operations

Supply chain vulnerabilities have become increasingly complex, requiring businesses to adopt sophisticated supply chain risk management strategies that go beyond traditional supplier diversification.
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Why is a Business Plan Important? Charting Your Course for Success

A well-defined roadmap is essential for reaching your destination. This roadmap is your business plan – a comprehensive document that outlines your company's goals, strategies, ...
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How to Kickstart Your Company’s Digital Transformation Journey

In today's ever-evolving business landscape, digital transformation is no longer a question of "if" but "when." Businesses that fail to embrace digitalisation risk falling behind ...
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Navigating the 24/25 GMS Increase and Staff Pay Rises

The recent announcement of the 24/25 uplift in the Global Sum has significant implications for GP practices across the UK. Here's what you need to ...
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How to Select an ERP System

An ERP system streamlines core business processes – from finance and accounting to inventory management and customer relationship management – by integrating them into a ...
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The Importance of Regular Financial Audits: Ensuring Accuracy and Compliance

Maintaining accurate and reliable financial records is paramount. These records form the backbone for informed decision-making, building trust with stakeholders, and ensuring compliance with regulations. ...
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Digital Transformation Roadmap: How Ballards LLP Can Help Your Business Thrive

In today's digital age, businesses of all sizes need to embrace digital transformation to stay competitive. Digital transformation is the process of using digital technologies ...
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Property Watch – August 2024 UK residential property transactions

Property Watch – August 2024. Have a look at the UK residential property transactions for UK housing market for the year to 31 August 2024 ...
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Leveraging Digital Transformation for Competitive Advantage in Mid-Size Enterprises

Digital transformation has become a critical factor in driving business growth and maintaining competitiveness in today's rapidly evolving marketplace. For mid-size enterprises, the strategic implementation ...
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Leveraging Data Analytics for Strategic Decision-Making in Finance

Financial directors and IT leaders in mid-sized enterprises are increasingly recognising the transformative power of data analytics in driving strategic decision-making. This insight explores the ...
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Supply Chain Optimisation: Driving Efficiency and Resilience

Supply chain optimisation stands as a critical component for businesses seeking to enhance their operational efficiency and maintain a competitive edge in today's market. By ...
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Maximising Working Capital Efficiency in SMEs

By optimising the balance between current assets and current liabilities, businesses can ensure they have sufficient cash flow to meet short-term obligations while maximising their ...
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The Future of Work: Financial Implications of Hybrid Models for UK Mid-Market Firms

The landscape of work is undergoing a profound transformation. As organisations navigate this new terrain, understanding and effectively managing the financial implications of hybrid work ...
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The Role of Accounting in Risk Management: Protecting Your Business’s Future

Navigating uncertainty is a constant challenge. Whether it's fluctuating market conditions, potential fraud, or unforeseen operational disruptions, risks can quickly threaten a company's financial health ...
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The Art of Leadership and Team Building: Key to Business Success

Leadership and team building are two key ingredients for a successful business. While these topics are often talked about broadly, the real power of good ...
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The Impact of Accounting on Global Business: Shaping the Economy and Driving Growth

In the intricate world of global business, success hinges on effective financial management. At the heart of this lies accounting – a seemingly mundane discipline ...
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Property Watch – July 2024 UK residential property transactions

Property Watch – July 2024. Have a look at the UK residential property transactions for UK housing market for the year to 31 July 2024 ...
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Choosing the Right Accounting Software: A Guide for Businesses of All Sizes

Having the right accounting software can be a game-changer. It streamlines financial processes, saves you time and money, and empowers you to make informed decisions ...
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Autumn Budget: How Potential Changes Could Impact You

The Autumn Budget, scheduled for October 30, 2024, is expected to introduce significant changes. Key points include:
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Measuring Success: The Often Overlooked Digital Transformation Challenge

One of the most frequently overlooked digital transformation challenges is effectively measuring the success of these initiatives. While organisations are often eager to embark on ...
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The Hidden Digital Transformation Challenges: Security and Data Privacy

As companies embrace digital transformation, they inadvertently expand their attack surface, exposing themselves to new cybersecurity risks. This presents one of the most pressing digital ...
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Navigating the Top Digital Transformation Challenges in 2024

In today's rapidly evolving business landscape, organisations that fail to embrace digital transformation risk being left behind, while those that successfully navigate the challenges stand ...
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Urgent Action Required: McCloud Remedy Pension Statements Deadline Approaches

As we approach the end of 2024, a crucial deadline is on the horizon for those affected by the McCloud Remedy regarding pension savings. The ...
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Navigating Turbulent Waters: Economic Forecasts and Market Trends for UK Businesses

As we move further into 2024, the economic landscape continues to evolve, presenting both challenges and opportunities for companies across various sectors. Understanding the current ...
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