Ashburton Courier: September 17, 2020

Rural Business
Accountants
CHARTERED ACCOUNTANTS
Chartered Accountants
and Business Advisors
Rural Accountants for Rural People
Ashburton accounting firm Falloons has rebranded and is starting anew era as Rural Business Accountants.
Anewera...
Rural Business Accountants director
Aaron Allred understands farming and
the challenges it presents. He has
lived most of his life in Methven, in a
district whose economic strength is
what grows on or from the land.
He is the third generation of Allreds
to do business in Mid Canterbury and
takes pride in getting to know his
clients and building close relationships.
His father Selwyn was in real estate
and his grandmother once owned the
Brown Pub in Methven.
Aaron came to the boutique
accounting firm 10 years ago,
becoming apartner in the business
then owned by John Falloon, in
anticipation of taking it over once he
bought the business.
Aaron studied at the University of
Canterbury and spent several years at
accounting firms in Ireland and Egypt
before returning home, where he’s
now amember of the Methven Lions
Club and still loves to ski.
Wife Tracey is anurse in ward one at
Ashburton Hospital, son Jackson (20)
is studying engineering at Canterbury
and daughter Holly (18) plans to study
nursing at Otago next year.
Aaron says he enjoys being part of a
small firm and meeting clients on-farm
or in Rural Business Accountants’
Ashburton office to help them with a
wide range of accounting and financial
needs, from tax returns and wages to
succession planning.
“Farmers are under strain at the
moment because of Government
regulations. They have been
encouraged to grow and now
they face environmental rules that
are putting unfair pressure on
their businesses. The amount of
improvement Ihave seen on-farm has
been massive but the
amount of credit given to farmers
for this has been minimal.”
Ruralsectorspecialists
Having timely and accurate business
information is critical to making the right
business decisions, whether you own
an 800-cow dairy farm, contract milk,
run stock or grow specialty seeds.
Rural Business Accountants director
Aaron Allred says his firm isall about
analysing financial information collected
during the regular course of business
and helping clients make decisions that
improve their lives. They crunch the
numbers, make sure you are compliant,
advise how to reduce tax and help with
cashflow.
Aaron says they can objectively assess
how your business is performing and
make suggestions, especially if you
are looking togrow, change or borrow
money.
The rural sector specialists offer budget
advice and analysis, sale and purchase
advice, dotax returns and tax planning.
“The main reason people have
accountants is compliance, soyou
can get your accounts into aformat
to supply them to the Inland Revenue
Department.
We can also save you money, help
structure your affairs, we can deal with
things like ACC, borrowing money and
know where you can improve things.”
While compliance isstandard business
for accountants, Aaron says an
important part is building arelationship
of trust and meeting clients face to face
helps him understand how they are
feeling about their businesses. That
may bring about areview of finances,
adiscussion about cutting back on
drawings, or scrutinising costs.
“We can also give afew ideas about
how other people are succeeding and
share good practice.”
An area ofincreasing work is
succession.
Aaron says this can sometimes be a
blunt conversation about money, but it
is often atime for families to think about
and acknowledge work done in the
The whole team at Rural Business
Accountants specialises in the rural
sector and the core team has been
together for along time. Long-serving
employees including Rosemary Adlam
(GST specialist) and Rebecca Hawkes
(tax specialist) anchor ateam with
loads of experience.
Rhea Booker is aspecialist
management accountant, who takes
on alot of one-off jobs like profitability
or systems analysis, budgeting and
other bespoke projects.
Accountants Tracey Milne, Charlotte
Kelly, Tia Young and Carissa Morgan
are also apart of the team, along with
payroll specialist Kerri Preece.
People calling or calling in to the
Havelock Street office are likely to
first encounter Philippa Hadley-Chinn
at reception. She comes from five
generations of Mid Canterbury farmers,
and recently moved back south after
nine years in Wellington.
past, and hopes and ambitions for the
future.
“I am really enjoying getting toknow
the people Ihave been doing work for
and helping them.”
Clients usually fall into four categories:
Dairying, sheep, beef and mixed
cropping; rural related business such
as contractors and share milkers; and
lastly Family Trusts and the children
of long-time clients in various types of
business.
Covid-19 brought anew worry to
businesses and Aaron fielded many
calls in lockdown as clients tried to
plan for an uncertain future. “Igot alot
of calls from worried clients who had
financial issues. Idecided tohelp them
rather than charge them by utilising
my own team who were working from
home during lockdown.”
Months down the track clients have
been needing help with cash-flow
forecasting, wage subsidy claims and
compliance, and finance restructuring.
Testimonials
Rural Business
Accountants
CHARTERED
A CCOUNTANTS
Clockwise from frontleft: RosemaryAdlam, CarissaMorgan,
CharlotteKelly, Aaron Allred,PhilippaHadley-Chinn,
TiaYoung,Kerri Preeceand Rebecca Hawkes.
Absent: Tracey Milne and Rhea Booker.
‘‘We have been dealing with Aaron for afew years
now and we are very happy with his service,’’say R&R
Spreading Ltd owners Ben, Lucy, Ron and Ally Smith.
‘‘He’s so easy to deal with and gives us guidance when
we need it.
‘‘We have alot of contact with Rhea Booker. She is so
much help, especially as we have switched to Xero
and she’s really showing us how to get the most of this
program.’’
Graham Robertson is another happy client.
‘‘After many years as aclient ofFalloon and Co and
now Rural Business Accountants, the time was right to
look at succession planning. Aaron and RBA produced
constructive and relevant options that were discussed
by us and our family. The process was clear cut and not
at all stressful. We are very happy with the result.’’
“We are very happy with the ongoing services and
support provided byAaron and his team at Rural
Business Accountants. We have found them to be more
forward planning accountants who look into the future
rather than the past. We appreciate the great service
and experienced business advice.”
Paul and Caroline Whitbread, PMR Grain Systems.
Our Products and Services
We can help you with:
• Farm and Business Accounting
• Strategic Planning
• Business Advice
• Payroll Services
• Taxation
• GST Returns
• ACC
• Business Start-up
We pride ourselves on our personal approach to our service.
We excel in our field so you can feel secure in yours.
Rural Business
Accountants
CHARTERED
ACCOUNTANTS
208 Havelock Street l PO Box103 Ashburton7740
reception@rbal.co.nz l Ph 03 308 9194 l rbal.co.nz
2312431