Our firm

Our Pledge

Formed in 1992, we are an independent firm of chartered accountants and registered auditors, who focus on delivering high quality and cost effective accountancy and business advice, to small and medium sized businesses, in and around Buckingham, Milton Keynes and Towcester. From the outset, we’ve kept one thing central and that is our personal touch, to every one of our 1600 clients. We take great pride in knowing that our clients actively recommend us and are our best advocates. The experience we have gained over the years, whilst growing our own business, means that whatever the size of your company or its ambitions, we have the capability to deliver relevant and trusted advice. Our greatest asset, is our team of highly qualified accountants, who possess the breadth and depth of experience and knowledge to rival larger firms. We believe that quality combined with our personal service is what gives us the edge and keeps our clients loyal.

Our team

Andrew Carver BSc

(Econ) FCA - Director

Growing up near Newcastle, Andrew gained a Bsc in Economics and Accountancy from Hull University before moving down south in the 1980s. He qualified as a Chartered Accountant in 1985 while working at a four partner firm in High Wycombe and later became a senior manager at a top 20 accountancy firm.

In 1992 he established his own accountancy practice in Buckingham, a company which would later evolve into Tearle & Carver.

Utilising over 30 years of experience, Andrew has helped Tearle & Carver develop into a business that successfully combines the personal services of a small firm with the expertise of a larger company. He is always keen to find new, innovative ways of maximising future benefits for clients, and is similarly forward thinking when in comes to Tearle & Carver, placing an emphasis on staff training and progress.

Andrew is a lifelong fan of Manchester United and shares this passion (and one of his season tickets!) with his son. Now his children have flown the nest, he and wife Liz make the most of opportunities to return to Andrew’s native Northumberland, where they have a holiday home in the village of Corbridge.

Kameliya Harrison BA

(Hons) ACA - Director

After moving to the UK to attend University, Kameliya graduated in 2004 with a First Class Honours Degree in Accounting and Finance. Her self-confessed ‘unusual’ passion for accountancy was already evident during her time at University, when she became an ACCA Competition prize winner for a Financial Reporting Paper.

Having qualified as ACA in 2007, Kameliya originally came to Tearle & Carver in 2003 for work experience. Since that time, her ambition and drive have been clearly evident in her ultimate progress to Company Director. With an insatiable curiosity as to what makes businesses and individuals successful, Kameliya strives to use this knowledge to constantly better Tearle & Carver, looking to the clients and team as the backbone of the business. Aiming for the same consistently high standards for herself and her team, Kameliya enjoys client contact and takes particular pride in Tearle & Carver’s strong management and highly skilled staff.

Kameliya has two young daughters who keep her busy, but still makes time to satisfy her inner adrenaline junkie with mountain biking trips at weekends. A keen skier, she uses her holidays to make the most of the slopes (a passion that already runs in the family!)

Michelle Morton

Office Manager & PA to the Directors

Since joining Tearle & Carver, Michelle has developed an invaluable understanding of the daily running of the business, bringing high levels of organisation and initiative to her position as PA.

After starting her career as an office administrator at a family run business, Michelle spent 13 years progressing through the ranks of office support at Vodafone, before becoming PA to a Director. Leaving the telecommunications company to work locally, she joined Tearle & Carver in 2009.

Michelle spends most of her free time outdoors, growing vegetables in her allotment and walking her dog Jake.  She also likes to keep fit running and cycling.

Marc Lawrence

Director

Marc joined Tearle & Carver in April 2016 as the Senior Manager, and immediately strengthened the team with his broad knowledge of various accountancy and specialist taxation areas. Marc’s hard work and dedication resulted in his progression to Directorship in April 2018.  

Prior to joining Tearle & Carver, Marc trained with an independent accountancy practice within the Milton Keynes area and gained qualification with the ACCA in June 2012. He then moved on to become the Regional Tax and Accounts Manager for a top 15 national accountancy firm.

Marc enjoys interacting with clients, and prides himself on his ability to provide tailored accountancy, taxation and business advice to suit their needs.  

In his spare time Marc enjoys traveling and time permitting would love to explore more of the world. On weekends you will normally find Marc on the golf course or at the gym.



Case Studies

The Tax Man

Minimise the stress of an investigation and make use of our extensive experience in securing best outcome for our clients

Business Valuation in Distress

Take advantage of our impartial and rigorous due diligence procedures

FD in The Cupboard

Our innovative ideas are here to improve your business performance and secure appropriate and cost effective funding

The Tax Man

The Tax Man

A new client was introduced to us via a recommendation with whom we arranged to meet on a regular basis in order to determine a number of changes that we felt were needed to their business structure. The client was at the time operating as a husband and wife partnership. The business was flourishing and had a number of large contracts with big organisations.

At the start of the process they were still heavily immersed in their day to day operations so we can get a full flavour for their ambitions, aspirations and growth plans. We quickly recognised there were sufficient tax savings which can be achieved by changing the structure from a partnership to a corporate entity. We carried out a business valuation and disposed of the goodwill from the old to the new business. Unfortunately, as often is the case with efficient tax planning, HMRC got involved and disputed our valuation.

An HMRC investigation can be a very stressful time for any client, even for those best prepared. However, our client had minimal input in the HMRC communication as we dealt with this professionally behind the scene. As an added benefit, our client could rest on the security that all work was covered by insurance and therefore all costs and time in dealing with this enquiry were covered by the fee protection policy we had put in place.

The initial approach taken by HMRC was very aggressive and they tried to present an argument that there was no goodwill in the business. We challenged HMRC’s view that the goodwill was worthless. After lengthy correspondence and numerous telephone calls, HMRC agreed 100% with our original valuation, which preserved our original tax saving plan for the client. Tax savings on this case where in the region of £75K at the outset, with ongoing savings of £6,000 per annum. We are pleased to add another happy client to our portfolio.

Business Valuation in Distress

Business Valuation in Distress

Selling a business is never an easy process, but when disputes arise, the need for a reliable third party due diligence process is even greater.

Tearle & Carver have extensive understanding of the requirements for remaining objective when managing a potentially difficult company buyout. In one such case, we were approached by the courts to act as independent accountant for an acrimonious business sale in which one partner was exiting the business and selling shares to the other. Given the circumstances, both sides had totally polar views of what their business was worth.

After arranging an initial meeting with the company, we were thorough in ensuring we completed due diligence, validating the figures in the accounting records, carrying out adjustments where appropriate, and drafting a set of reliable management figures within the framework required by the court.

A draft version of the report detailing our findings and conclusions was submitted to both parties, giving them the opportunity to voice any queries or concerns and ensure all relevant factors had been taken into account.

Through this process, we were able to submit a final report to the courts that was both binding and acceptable to both parties, effectively resolving what could otherwise have been a time consuming and costly process for all sides.

FD in The Cupboard

FD in The Cupboard

For smaller companies, it is often not possible or cost effective to pay for a full-time Financial Director.
Many of our clients therefore make use of Tearle & Carver’s extensive expertise to provide the services of an FD as and when required.

In this case, we were approached by the management team of an organisation looking to acquire the existing business via an MBO (Management buy out). Their business plan had proved ineffective for securing funding, and what they needed was financial expertise from someone with a developed understanding of the company’s internal workings.

Tearle & Carver helped deliver the solution our clients were looking through utilising our bank contacts in order to make the MBO viable, while also building a robust business plan and preparing our client for the rigorous vetting process. To help with cash flow issues, we introduced factoring which led to improved cash flow management.

We advised on the appropriate business valuation and structure, and continued to prepare monthly accounts to track profgress once the management were fully in command of all the information they needed to move their business forward.

In order to best assist these clients through the crucial first year of ownership, we attended board meetings on a regular basis, a service that we continue to provide to date.

With our continually developing understanding of their business, this client is able to remain confident that Tearle & Carver can provide any financial support they may need, now and in the future.