We understand that running a successful medical practice is highly demanding; not only do you need first class medical knowledge but also the skills of managing a modern profitable business. Our specialist medical department is jointly managed by Directors, Ed Paull FCCA, Jane Jordan FCCA, Jo Fursman FCCA, Rob Wegner FCCA, Tracey Turner FCCA and Shirley Whittle FCCA and Associate Directors Andrew Spear FCCA and Tim Robinson FCCA through the Lentells Office in Chard.
Ed has been specialising with medical clients for numerous years and deals with all areas of the GP contract, including related taxation and NHS pension issuses. Since 1994, Jane has specialised in acting for healthcare clients, including GP's, care homes and other healthcare professionals. Jo has an in depth knowledge of medical practices and has several years experience in dealing with GP Practitioners and other medical related clients. Rob acts for a number of medical practices ranging from smaller single practice entities to large multi-partner businesses as well as acting for locums and salaried GPs. Shirley has over 20 years experience of looking after medical clients and her portfolio has included GP practices, Locums and Hospital Consultants. Tracey has worked for Lentells for over 14 years and manages a portfolio of clients including GP Practices, Locums and other healthcare professionals. Andrew joined Lentells in 2000 and is the founding member of Lentells Medical Division. Tim specialises in the medical sector managing a portfolio of clients including GP practices, locums and other healthcare professionals.
We currently act for approximately 200 medical practices as well as a range of consultants, dentists, nursing homes and complementary practitioners.
Our experienced team of professionals will give you expert advice and support allowing you to focus on running your business. Our in-depth knowledge ensures we are able to provide advice on VAT, pensions, practice property, issues, partnership agreements, all financial impacts of the GMS contract, PMS funding and contracts and practice based commissioning.
We also supply the full range of support services such as:
- Bookkeeping – offering advice on systems or a full bookkeeping service
- Accounting – quick, accurate year-end accounts, allowing you to plan ahead
- Tax Planning – utilising allowances to minimise liabilities
- Management Accounts – interpreting the data to provide you with invaluable management information
- Budget Forecasting – managing your resources to ensure cash flow and profitability
- Drawings Projections – the important question of how much you will earn
- Partnership Agreements – advice when changing partners or altering agreements
- Practice Premises – cost rent, notional rent, tax allowances
- Capital and Re-financing – raising money for expansion and development
- Payroll – staff payroll including the NHS pension scheme
PRIMARY CARE NETWORKS
Lentells has been assisting numerous primary care networks with their accounting requirements since their inception in 2019.
This involves preparing clearly laid out annual accounts showing the share of any surplus per individual practice.
In addition, assistance and training can be provided for PCNs who use accounting software or this function can be outsourced to the Lentells' bookkeeping department.
Lentells also regularly advise their PCN clients on VAT, tax, business structure and other financial matters.
LOCUMS
We also work with a number of locum GPs. We provide help and advice on the tax implications of setting up as a locum and the advantages and disadvantages of setting up as a limited company. We provide specialist advice and support on areas including:
- Tax issues
- Pension issues
- Tax returns
We hold a number of medical training events throughout the year. Please go to our events page for more information on up-coming training events.
For more information about our Medical Division and how we can help you and your practice, please contact us on 01460 64441, or email This email address is being protected from spambots. You need JavaScript enabled to view it. or fill out the form below.