Martin Steele Partnership Architects

Business, Company Accounts

0%
growth in profits over the past 5 years

Background

Established in 1997 by Martin and Frances Steele, Martin Steele Architects work on projects for private clients, community buildings, new church buildings as well as commercial designs including retail commissions.

Their accountant suddenly became ill and were in need of a “rescue mission” – someone they could instantly access for advice and strategic input. Additionally, they should be able to visit their studio when assistance or training is required.

What HFM Tax Delivered

We quickly stepped up to the challenge and encouraged Martin Steele to build financial systems based on their requirements. We also advised on software that would reduce the daily financial management they endured as well as the work at the end of the year.

With our expertise on board, Martin Steele Partnership Architects have seen a 258% growth in profits over the past 5 years.

Needless to say, they have quite a few things to say about us in the following testimonial:

Financial management of our architecture studio in South London has been plain sailing since we started working with HfM many years ago.

HFM stepped up when our previous accountant became ill suddenly. The rescue mission has turned into a valued long-term relationship.

The culture of our practice is based on fruitful creativity and mutual respect amongst clients, consultants and everyone who is part of our supply and support chain. We know that Ian Marlow and his team share our ethos and we trust them to look after our best interests.

Our studio has flourished as our turnover and connections have grown. With HFM’s purposeful encouragement we have learnt new skills and our systems are perfectly adapted to current requirements. The application of appropriate systems and software over time has probably halved our input on day to day financial management and end of year work.

We enjoy instant access to helpful current advice on queries large or small and we are visited by HFM at our studio when assistance or training are needed. Since we are set up well, preparation of accounts and tax forms is straightforward and stress-free.

Future planning sometimes requires strategic input. If so we ring Ian, work out a sensible way forward over lunch and thoroughly enjoy the day.

Speak to our specialists on +442079179506

Latest blog posts

Staff Christmas Party

Ian Marlow

Is the annual exemption lost in 2020? Most businesses take advantages of the statutory £150 exemption per staff member for running a Staff Christmas party without there being any tax implications (though they may not realise it!). With Coronavirus restrictions in place all over the UK, many businesses will be unable to offer their normal staff...

Is Professional Indemnity Insurance Tax Deductible?

Ian Marlow

What makes professional indemnity insurance tax deductible? Since professional indemnity insurance is an allowable cost, it goes against your business profits and therefore, it is tax deductible. It is used 'wholly and exclusively' in the course of your business and therefore can be claimed every year whether you are a sole trader or a limited company.'Allowable...

Student Tax Scams

Ian Marlow

Readers with children at university should pass on this message as students starting university this year are being warned by HMRC that they could be targeted by a fresh wave of student tax scams.As new students start the academic year, they can be particularly vulnerable to cybercrime. With universities taking a blended approach to online...