In Brief: CCF Accountancy; Blue Logic; Buccleuch Property

WITH Budget Day looming on March 18, a Harrogate accountancy practice is inviting local businesses to join them for a free breakfast when the key announcements and their implications will be explained.

CCF Accountancy, based on Victoria Avenue, will host the event the next morning, on March 19 from 8am – 10am at Pannal Golf Club.

Founder and managing director Teresa Bowe says all business owners and directors are welcome to attend to learn more about what the 2015 Budget will mean for them.

“The Budget is a major event for businesses of all sizes. There are often changes that it’s important to understand, but which aren’t discussed as widely as the usual headline-grabbers such as tax changes or fuel duty,” she explained.

“At our Budget Breakfast we’ll discuss the main points and explain in clear, jargon-free language how they will affect local businesses and what they can or should do to ensure they receive the best benefit from them.”

For more details or to reserve a place, call 01423 567499 or email events@ccfaccountancy.co.uk.

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LEEDS-based IT solutions provider Blue Logic has reported another successful year, increasing turnover by £1.28m to £5.8m in 2014 – up 36% on 2013.

The business also achieved a 28% increase in profit, took on 11 additional staff to service its rapidly growing client roster and invested in a 1,200 ft extension to house its growing team.

Following the success of 2014, the business is already set for a strong 2015, having already added nine new clients to its portfolio since the start of its financial year on January 1, 2015. 

Dave Helm, Blue Logic’s director, said: “2014 has been one of our most successful years yet and we’re delighted with the results. At the start of the year we set out to achieve a £1m increase in turnover and to over-achieve it by £280,000 is testament to the quality of the solutions we provide to clients and the hard work of our highly skilled team.”

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BUCCLEUCH PROPERTY has announced the sale of the Regent Street Retail Park in Leeds for £3.3m to St.Bride’s White Rose General Partner and Saviour Carlton Nominee.

The centrally located retail destination comprise four modern retail units, totalling 29,580 sq ft, and all are fully let.

Tenants include Maplins, catering company Nisbets Plc, motorcycle equipment and accessories supplier Get Geared and JS Accessories.

Buccleuch Property acquired the site in 2001 and subsequently refurbished the units, secured new lettings.

Nick Waugh, commercial property director of Buccleuch Property, said: “The Regent Street Retail Park is an ideal investment opportunity, in a good city centre location offering excellent economic growth prospects. It attracted a great deal of interest and we are pleased with the sale price secured and yield achieved. This deal has generated funds that we are actively looking to re-invest in new opportunities”

Pudney Shuttleworth acted on behalf of Buccleuch Property.

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