SLEEP OUT 2019 – THOUGHTS FROM THE TEAM

FRS 102 Revised Seminar Brings South Yorkshire Finance Leaders Together

In collaboration with Shorts Chartered Accountants, we recently hosted a seminar for senior finance professionals from across the region.The event brought together a number of Finance Directors, Financial Controllers and senior leaders from across the region for a morning of insight, discussion and networking over breakfast. It was a pleasure to welcome so many familiar faces, alongside new contacts, reflecting the strength and depth of the Yorkshire finance community. The seminar was presented by Howard Freeman, Audit & Accounts Partner, and Andy Ryder, Corporate Finance Partner at Shorts. We are extremely grateful to both speakers for sharing their time and expertise, and for delivering a clear, practical overview of the forthcoming changes to FRS 102, which came into effect on 1 January 2026 and are expected to impact a significant number of UK businesses. The session explored what is changing and why, particularly in relation to lease accounting and revenue recognition, and considered what the updates mean in practice for finance teams and business leaders. The speakers also addressed the new reporting requirements under FRS 102, the potential impact on EBITDA and valuation methodologies, and the key considerations for organisations as they prepare for implementation. Rather than focusing purely on technical detail, the seminar encouraged broader discussion around readiness, communication with stakeholders and the commercial implications of the changes. This led to a highly engaged Q&A session, with attendees sharing perspectives and experiences from their own organisations. At Sharp Consultancy, we are committed to supporting the finance community beyond recruitment alone. Events such as this form part of our ongoing effort to create opportunities for connection, knowledge-sharing and professional development among senior finance professionals. We would like to extend our sincere thanks to Shorts for partnering with us on this event, and in particular to Howard and Andy for delivering such an informative and thought-provoking session. We are also grateful to everyone who attended and contributed to the discussion. We look forward to hosting further events in the coming months and continuing to work closely with our network of finance leaders across the region.If you would like to discuss how these changes may impact your finance team, or if you are considering strengthening your leadership function, please contact us for a confidential conversation.

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A team from the Sheffield office will be supporting local charity, Roundabout – which provides shelter, support and life skills to over 250 young people and gives them a chance to turn their lives around by empowering them to break the cycle of homelessness – by taking part in its flagship event, Sleep Out 2019 on Friday 8th November.

They will be spending the night in a warehouse to raise awareness of the valuable work that the charity does to support young people in South Yorkshire affected by homelessness. Ahead of the event, in which the team is hoping to raise more than £1,250 in sponsorship, we caught up with some of them to find out what made them want to take part in Sleep Out 2019.

Ben Graney, Business Director

“Roundabout is a charity that we are proud to have been involved with now for a number of years. I felt it was time for us to take the next step up in supporting the great work they do, and take a more active role in helping to increase Roundabout’s publicity in the local region. I wanted to take myself and our team out of our comfort zones, both in the lead up to the event and by participating in the Sleep Out.”

Caitlin Davidson, Sales Support Administrator

“I’ve never been involved in a charity event like this before. I think it will be an eye-opening experience.”

Matt Civil, Consultant

“Having grown up in Yorkshire, and only finding out about Roundabout in the past couple of years, I wanted to support a local charity that a lot of people might not have heard of. Since signing up to the Sleep Out, my friends and family are asking me about who and what it is for, which in turn will raise the profile of this fantastic local charity.”