BKL

🧵 BKL Client Story: Supporting Models1 Through Changes to Lease Accounting At BKL, we’re committed to helping businesses stay ahead of evolving financial reporting requirements. We recently supported Models1 - one of the UK’s leading model agencies - as they prepared for significant changes to lease accounting under the amended FRS 102. With a major new London lease in place, early adoption of the revised standard gave Models1 clarity, consistency and confidence in their future reporting. Key outcomes:   • Early adoption of amended FRS 102 • Clear visibility over the impact of their new Clerkenwell lease  • Reduced future complexity and no need for restatements 👉 eu1.hubs.ly/H0v55Fr0

What do the 2026 Senedd election manifestos mean for Welsh taxpayers?    Bevan breaks down the key tax proposals from each party - and what they could mean for your income, business, and future planning.  👉 Read the full analysis: eu1.hubs.ly/H0v3gL80

🎶 @thegreatescape Festival 2026 is nearly here… This month, the BKL team, including Tim, Chris and Danny, will be in Brighton for the 20th anniversary edition: four days, 35+ venues, and 450+ emerging artists from around the world. We’re looking forward to being part of the conversations, connecting with clients and peers, meeting brilliant people across the industry and supporting the venue hosted by Pure. If you’re heading down next week, come and say hello 👋

If you'll be at The Schools & Academies Show next week, come and say hello to our team! As education sector specialists, we're excited to be back at SAAS: a one-stop shop for education leaders to put together their strategic plans. If you can't make it on 7 May but want to know how we help schools and academy trusts, visit eu1.hubs.ly/H0t_PMf0

🚪 You never know who you’ll meet in the BKLevator… Episode 11 This week, stepping into the elevator is Indirect Tax Partner, Luigi Longarella. Ground floor. Doors closing. Going up. ⬆️ 💼 Luigi leads BKL’s VAT and Indirect Taxes team, with over 25 years’ experience advising in this complex area. ⚖️ He works with businesses when VAT isn’t clear - often during restructuring, new ventures, or when recovery isn’t straightforward. 🚨 When clients come to him, it’s not just the VAT at stake - it’s the uncertainty, the risk, and the potential for HMRC scrutiny. 🧭 His role is simple: turn that uncertainty into clarity - identifying risks and opportunities, and building solutions that are commercially sound and robust. Because when VAT feels uncertain, clarity matters. Step inside and get to know Luigi - all before the doors open again. 🔗 eu1.hubs.ly/H0t_lrS0

🚨CASS 15: one week to go!🚨 Our new CASS 15 Hub brings together the insight, guidance and practical support you need to understand what’s changing and how it will affect your governance, oversight and reporting responsibilities ahead of 7 May 2026. From detailed analysis of the new requirements to practical tools that help you plan your next steps, the hub is designed to support firms as they get ready for the May implementation date and beyond. Reach out to speak to a member of our team and ensure that your business is best prepared ahead of time 👉eu1.hubs.ly/H0t-2Zh0 Jon Wedge Alisha O'Donovan Elana Dimmer #CASS15 | #RegulatoryCompliance | #FCAUpdates | #ClientAssets | #FinancialServicesUK

🚨 CASS 15 comes into force on 7 May 2026 Electronic Money Institutions are entering a period of heightened FCA scrutiny, following years of safeguarding and AML failings across the sector. This isn’t just compliance. It’s a board-level transformation in governance, operations, and customer protection. Based on our experience supporting EMIs, we’ve set out 5 critical questions every CEO should be asking now! 👉 Read the full article: eu1.hubs.ly/H0tZmHs0

BKL will be attending Infoline’s Client Assets Protection Forum on 10 June 2026 - the industry’s leading CASS conference. Now in its 17th year, this event remains the most trusted source for insight on CASS audits, AI, simplification, change management and the FCA’s evolving priorities. BKL's Audit Director, Alisha O'Donovan, will also be speaking at the event taking part in a panel discussion focused around upholding compliance and addressing industry challenges for payment services and e-money firms. Get in touch to arrange a meeting with one of BKL’s attendees. 👉eu1.hubs.ly/H0tXhQN0 Elana Dimmer Jon Wedge #BKL | #CASS | #CASSCompliance | #CASSAudit | #CASSForum

🚨 Attention Property Owners: Are You Ready for the Making Tax Digital (MTD) Changes?⏰ Quarterly reporting becomes the norm, and it has to be done through compatible software. What’s interesting is how many people remember the old £10k threshold and assume that’s still the plan. It isn’t. The rollout is more gradual - £50k in 2026, £30k in 2027, £20k in 2028 - but the direction of travel is clear. Jason Appel has pulled together a useful breakdown of what this means in reality - not just the technical requirements, but what property owners should be doing now to avoid a messy transition later. 💻 With penalties looming for non-compliance, it's crucial to get on top of MTD now, rather than scrambling later. Get the expert insights you need to navigate these changes smoothly and keep your tax filings on track. 👉eu1.hubs.ly/H0tW0V_0 #BKL | #MakingTaxDigital | #MTD | #PropertyOwners | #HMRC | #TaxCompliance | #DigitalTax | #TaxPlanning

We’re excited to announce that RBS Chartered Accountants has joined BKL. Bringing RBS Partners Ketan, Atul and the team on board builds on our growing presence in the London market, strengthening our capability to deliver high-quality, relationship-led advice to entrepreneurs, SMEs and OMBs. For clients, it’s business as usual, with the added benefit of broader expertise, enhanced resources and continued investment in technology. We look forward to what we can achieve together. Read more: eu1.hubs.ly/H0tSLXN0

BKL visits Café Hope at the Cowgate Centre Since opening our Newcastle office, we’ve been focused on more than just growing our presence, we want to play an active role in supporting the people and communities around us. The North East has so much to offer, and we’re proud to be part of a region full of energy, opportunity and strong local spirit Aquil Tariq and Phil White visited Children North East’s Café Hope at the Cowgate Centre, following a £2,500 donation from the BKL Foundation. Spending time with Joanne King and the team brought home the real impact of their work, supporting children, young people and families with a safe space, practical help and genuine care when it’s needed most. It’s inspiring to see the difference being made every day. If you’re in the area, Café Hope is well worth supporting whether that’s spreading the word, getting involved, or simply stopping by: eu1.hubs.ly/H0tQPJy0 We’re proud to support organisations like this - and this is just the beginning of our journey in the North East. #BKL | #Newcastle | #NorthEast | #CommunityImpact | #CorporateSocialResponsibility | #CSR | #MakingADifference# | #CommunityMatters

BKL visits Café Hope at the Cowgate Centre Since opening our Newcastle office, we’ve been focused on more than just growing our presence, we want to play an active role in supporting the people and communities around us. The North East has so much to offer, and we’re proud to be part of a region full of energy, opportunity and strong local spirit Aquil Tariq and Phil White visited Children North East’s Café Hope at the Cowgate Centre, following a £2,500 donation from the BKL Foundation. Spending time with Joanne King and the team brought home the real impact of their work, supporting children, young people and families with a safe space, practical help and genuine care when it’s needed most. It’s inspiring to see the difference being made every day. If you’re in the area, Café Hope is well worth supporting whether that’s spreading the word, getting involved, or simply stopping by: eu1.hubs.ly/H0tQPkL0 We’re proud to support organisations like this - and this is just the beginning of our journey in the North East.

Charities preparing accruals accounts face significant changes ahead SORP 2026 introduces a new three‑tier reporting structure, updated income‑recognition rules, and major shifts in lease accounting - all designed to bring charity reporting in line with the latest FRS 102 updates. Edward Passmore breaks down what’s changing and what trustees and finance teams need to prepare for 👉eu1.hubs.ly/H0tQ6n70 #BKL | #CharityFinance | #CharityGovernance | #SORP2026 | #NonprofitAccounting | #UKCharities

🏡BKL is heading to UKREiiF 2026 - The UK’s Real Estate Investment & Infrastructure Forum, taking place 19-21 May in Leeds. With 20+ stages, 500+ speakers and a huge gathering of investors, developers and local authorities, it’s set to be a standout event in the industry calendar. Our team - Maria Pozo-Riqueni, Jason Appel, Jake Lew and Sam Goldman - will be on the ground and available to meet up and talk about how we can help you. If you’re attending, get in touch to arrange a time. 👉eu1.hubs.ly/H0tNKmF0

🌍 Earth Day at BKL 🌱 As a proud @BCorporation company today’s all about progress - and we’re proud of how far we’ve come ♻️ ✨ 73% recycling rate across BKL for FY 2025/26 📄 100% of confidential paper recycled 💻 IT equipment responsibly recycled and securely destroyed 🍟 BUT - Did you know? Crisp packets and snack wrappers can’t go in normal recycling (they’re made of mixed materials). So as part of our journey to continually improve we’re trialling something new… ➡️ A specialist solution for hard-to-recycle packaging 📍 Launching next week across our offices ✔️ What goes in: crisp packets & flexible snack wrappers 🌱 Earth Day isn’t about pretending we’ve got it all figured out. It’s about being open about where we are, celebrating progress, and committing to do better - together.

🚪 You never know who you’ll meet in the BKLevator… Episode 10 This week, stepping into the elevator is Partner, Warren Baker. Ground floor. Doors closing. Going up. ⬆️ 🌍 Thinking about taking your business overseas? That’s where Warren comes in. ✈️ From expanding into new markets to setting up operations abroad, he works with clients whose ambitions don’t stop at the UK border. 🤝 And through BKL’s membership of DFK International, he connects them with trusted experts across the globe - so wherever business takes them, they’re in safe hands. 🧭 Calm, connected, and commercially focused, Warren helps clients make confident decisions in unfamiliar territory - without the overwhelm. Because going global isn’t just about opportunity, it’s about getting the detail right, everywhere you operate. Step inside and get to know Warren - all before the doors open again. 🔗 eu1.hubs.ly/H0tL9SY0