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Sector Focus
We specialise in the investment management industry offering audit, assurance, tax and corporate recovery and liquidation services.
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Personal Tax Services
There are many tax rules that can affect you personally and therefore which will have an impact on your personal wealth.
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QI Compliance
Qualified Intermediaries (QI) have to take action now to perform a Certification to the Internal Revenue Service (IRS).
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Download our tax brochures
The tax teams at Grant Thornton aim to provide the Channel Islands with a premier tax advisory service both to private clients and the business community including the investment management industry.
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Jersey Tax Return
A secure sign in page to file Jersey Tax Returns through the Grant Thornton tax portal.
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ESG
ESG can either be seen as a risk management tool or an opportunity, either way it is imperative to your business, whatever your size and whether you are listed or not.
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Professional Services
Business and accounting support for professional services
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Finance Industry
We work with a broad range of clients and their financial stakeholders, from entrepreneurs in the early days to fast growing and established businesses to public companies competing in global markets.
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Local Businesses
Businesses come in many shapes and sizes – from innovative start-ups to long-established local businesses. But however large or small your business, the chances are you face similar challenges.
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Corporate Insolvency
Our corporate investigation, Guernsey liquidation and recovery teams focus on identifying and resolving issues affecting profitability, protecting enterprise value and facilitating a full recovery where possible.
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Corporate Simplification
Redundant corporate entities can over complicate group structures and waste thousands of pounds in unnecessary costs each year. 46% of the c.15,500 companies controlled by the FTSE100 are dormant and it is estimated that the average cost of administering dormant companies is between £3,500 and £5,000 per company, per year.
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Debt Advisory
Our Debt Advisory team provides commercial and financial debt advice to corporate entities and public sector bodies in a range of sectors. Our engagements include advice on stand-alone transactions and solutions or as part of an integrated business plan, in both the project and corporate arenas.
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Exit Strategy Services
We offer a tailored methodology designed to enable a company to be reviewed in a group context to assess ways to maximise its value.
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Financial Restructuring
For companies challenged by under-performance we work with management teams, shareholders, lenders and other stakeholders to implement financial restructuring solutions creating a stable platform for business turnaround.
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Strategic performance reviews
Strategic performance reviews analyse the key drivers of performance improvement. Our specialists utilise a framework to evaluate financial and operational options and to identify solutions for businesses and their stakeholders.
Latest news
Neil Hoolahan, Tax Partner at Grant Thornton Channel Islands, Recognised in Citywealth’s Top 50 Tax Professionals 2024
4 December 2024
Neil Hoolahan, Tax Partner at Grant Thornton has been recognised in the Citywealth’s Top 50 Tax professionals 2024.
Citywealth is a leading industry publication that recognises excellence in financial and wealth management and Neil's inclusion in this list follows his previous accolade as one of Citywealth Top 100 Global Tax Professionals of 2023 and Citywealth’s Future Leaders - Accountant of the Year in 2018.
Neil specialises in Offshore Trust and Company tax advisory and compliance services. At present, Neil is currently advising clients on the implications of the proposed changes to the taxation of non-domiciliaries and what impact these changes will have on trust structures in the Channel Islands. Neil also leads Grant Thornton’s tax information exchange service line and has a deep understanding of the US FATCA and OECD Common Reporting Standard.
Commenting on this, Neil Hoolahan said, "I am pleased to be included in the Citywealth list alongside many industry leaders. This recognition is a testament to the strength of the Grant Thornton team and the continued trust our clients place in us."
Grant Thornton Channel Islands Welcomes Mariane Nifas Dietrich as Audit Director
25 November 2024
Grant Thornton Channel Islands, a financial services firm with more than 280 professionals has announced the appointment of Mariane Nifas Dietrich as Audit Director within its Audit practice, further enhancing its financial services capabilities.
With 18 years of experience across multiple jurisdictions—including the Channel Islands, Hong Kong, and the Philippines—Mariane brings a wealth of knowledge to her role. She specialises in providing audit and assurance services to financial services clients, including banks, fiduciaries, and a wide range of entities within the asset and wealth management sector.
Mariane has worked closely with numerous regulated entities in Jersey and has extensive experience in auditing UK companies and exchange-listed organisations, making her a valuable addition to the team.
Commenting on her appointment, Wynand Pretorius, Partner and Head of Audit at Grant Thornton Channel Islands, said: “We are delighted to welcome Mariane Nifas Dietrich as an Audit Director at Grant Thornton Channel Islands. We look forward to the additional value Mariane will bring to our team and our client proposition.”
Mariane said “I’m excited to join Grant Thornton, one of the Channel Islands’ leading independent assurance, tax, and advisory firms. I look forward to collaborating with clients, understanding their needs, and delivering tailored solutions to address their challenges.”
This hire reinforces Grant Thornton Channel Islands' commitment to delivering high-quality audit services and meeting the evolving needs of its expanding client base.
Grant Thornton Celebrates Jersey Office Refurbishment with Special Guests from South African Rugby Team, The Springboks.
31 October 2024
The office opening took place on 31st October with esteemed guests from the South African national rugby team, The Springboks. Star players Siya Kolisi, Eben Etzebeth, and Cheslin Kolbe, achieved remarkable success in the 2023 Rugby World Cup, bringing home the trophy for their country, which built on their success of winning it in 2019.
Staff and external guests were invited to come meet the rugby legends and celebrate Grant Thornton’s newly refurbished office, designed to enhance employee collaboration and well-being.
The renovated office spans three floors and incorporates open-concept designs, ergonomic workstations, and advanced technology, reflecting Grant Thornton's commitment to creating an inspiring workplace, as well as investing in its future growth.
“We’re pleased to celebrate with members of The Springboks,” said Adam Budworth, Managing Partner of Grant Thornton. “Their presence reinforces our values of teamwork, resilience, and excellence.”
Lisa Guy, Tax Partner at Grant Thornton who led the office refurbishment project, added, “This refurbishment is not just a transformation of our workspace; it reflects our dedication to employee well-being.”
The event included a meet-and-greet and a short Q&A session, allowing employees and external contacts to engage with the athletes and draw inspiration from their achievements on the world stage.
With over 300 employees across the Channel Islands, the Jersey office now features cutting-edge video conferencing technology and versatile meeting and workspaces to enable employees to provide the best service possible to Grant Thornton’s clients.
Grant Thornton Donate Refurbished Laptops to Local Charities in Jersey
18 September 2024
Grant Thornton is pleased to share their recent contribution to the local community by donating laptops to the Jersey Employment Trust (JET) and Age Concern Jersey. This initiative reflects their commitment to supporting vital local community services and promoting environmental sustainability, as the laptops donated are refurbished models from Grant Thornton.
Sarah Anderton, Acorn Training and Development Team Leader, said, "We are thankful to Grant Thornton for the kind donation. These devices will be used for our Work Awareness courses, helping clients create email accounts, draft CVs, and perform other work-related tasks that are essential for their employment opportunities."
Paul Simmonds, Age Concern Jersey Senior Manager, also added, "We appreciate Grant Thornton’s donation. These devices will allow us to offer start-up lessons for our members, helping them connect with the world of technology and access essential online services.
IT Hardware Services (ITHSCI.com) prepared the Grant Thornton laptops for use, ensuring that other items were securely destroyed and recycled, maintaining an environmentally friendly process. Even the boxes used for the laptop presentation were reused. ITHSCI said, "This highlights our commitment to sustainability and reducing our carbon footprint." They added, "We are pleased to have been involved in this initiative and thank the team at Grant Thornton for the opportunity to help make a difference in the community."
Phil Ruelle, Technology & Digital Transformation Director at Grant Thornton said, "We are delighted to support local organisations like Jersey Employment Trust and Age Concern Jersey with these donated laptops. It’s a great way to enhance their IT resources whilst also contributing to environmental sustainability."
Looking ahead, Grant Thornton plans to continue this effort by recycling 20% of their laptops annually and continuing to donate them to organisations in Jersey where they can help make a real difference to the local community.
Grant Thornton and IT Hardware Services Donate Refurbished Laptops to Local Schools in Jersey
22 July 2024
Grant Thornton are pleased to share their recent contribution to the local community by donating 24 laptops to Mont Nicolle Primary School and Springfield Primary School. This initiative reflects their commitment to both education and environmental sustainability, as the laptops donated are refurbished models from Grant Thornton.
Lisa Paul, Headteacher at Mont Nicolle School, expressed her gratitude, saying, "We really appreciate Grant Thornton’s donation. These additional devices will enhance our IT provision and help reduce environmental impact. Extending the life of these devices benefits both our children and staff."
Mal Robson, Headteacher at Springfield School, said, "We are extremely grateful to Grant Thornton for the kind donation of 12 laptops. The laptops will help us ensure more children have access to modern devices to aid their learning."
IT Hardware Services (ITHSCI.com) carried out the work to prepare the Grant Thornton laptops for use, whilst also ensuring the other items were securely destroyed and recycled, keeping the process environmentally friendly. Even the boxes used for the laptop presentation were reused. ITHSCI said, "This highlights our commitment to sustainability and reducing our carbon footprint." They also added, "We are pleased to have been involved in this initiative and thank the team at Grant Thornton for the opportunity to help make a difference in the community.’’
Adam Budworth, Managing Director at Grant Thornton added, "We are delighted to put something back into the community by donating these laptops to local schools, so children in the island can learn and benefit from enhanced IT resources."
Looking ahead, Grant Thornton plans to continue this effort by recycling 20% of their laptops annually and continuing to donate them to places in Jersey where they can help make a real difference.
Grant Thornton Summer Promotions
12 July 2024
Grant Thornton, a leading professional services firm are pleased to announce 20 promotions across its Channel Islands offices, effective from 1 July 2024. The majority are based in Guernsey and two are in Jersey. These advancements highlight Grant Thornton’s commitment to nurturing talent and strengthening their workforce from within.
Among the promoted individuals are Pietro Celentano and Roseanne Rosales in the audit team, who have been promoted to Manager, whilst Sergio Gouveia has been promoted to Manager in the tax team. Additionally, Leanne Bisson has been promoted to Senior Manager in the Business Advisory team, Fiona Ashworth to Payroll Assistant Manager, and Katie De Carteret has been promoted within the People and Culture team to Manager. The remaining promotions are within the Audit team and Recovery & Reorganisation department.
Cyril Swale, Head of Grant Thornton’s Guernsey office said, "Grant Thornton prides itself on creating an environment where people are supported to continually grow and develop, both personally and professionally".
Adam Budworth, Managing Director of Grant Thornton Channel Islands added, "Congratulations to all on their well-deserved promotions. We wish you all the best in your new role".
Grant Thornton Channel Islands, as Forensic Accountants, assisted the Royal Court of Guernsey in the case of Jakob International Inc. and HSBC Private Bank
4 July 2024
Ben Rhodes, Director and Head of Forensic Investigation Services and Recovery & Reorganisation at Grant Thornton Channel Islands provided expert evidence and was cross examined as part of a week-long trial in October 2023. His evidence focussed on the flow of funds over several years and between numerous bank accounts, with commentary regarding investments, term deposits and foreign exchange transactions made during that time. An expert report was produced for the Court which provided an in-depth analysis of hundreds of transactions, through numerous entities and bank accounts of different currencies. Ben was assisted by Samuel Hilton, Manager of the Forensic Investigation Services and Recovery & Reorganisation team.
The Deputy Bailiff commented in the Judgment, handed down on
21 June 2024, that; “The expert evidence provided by Mr Rhodes showed meticulous analysis of the accounts and his evidence was clear and comprehensive and supported the Plaintiff’s case.”
The Jurats determined that funds held by HSBC Private Bank were not the proceeds of criminal conduct as described in the Proceeds of Crime Law, and that the frozen funds were to be released.
Tom Angus Receives STEP Excellence Award
2 July 2024
Grant Thornton is pleased to announce that Tom Angus, Recovery & Reorganisation Manager, has received the STEP Excellence Award for achieving the highest score on the 2024 STEP Advanced Certificate in Company Law & Practice.
The Society of Trust and Estate Practitioners (STEP) is a global professional body comprising lawyers, accountants, trustees, and other practitioners globally. The STEP Excellence Awards represent the best and the brightest practitioners and celebrate those who have demonstrated excellent performance through their studies.
Tom joined Grant Thornton in 2019. He is a Chartered Accountant and Certified Fraud Examiner and has been working in Grant Thornton’s dedicated Recovery & Reorganisation team since joining, the largest of its kind in the Channel Islands. His experience includes working on a range of solvent and insolvent liquidations, as well as forensic and asset tracing investigations across various jurisdictions.
Commenting on Tom’s achievement, James Pirie, Recovery, & Reorganisation Director at Grant Thornton said, "We are thrilled to see Tom receive this recognition, which is well deserved given his commitment to his studies. We are dedicated to fostering an environment where our staff are encouraged to continually learn and achieve professional growth, and Tom’s accomplishment reflects the high standards we uphold and our continuous pursuit of excellence in our services."
New appointment for Jersey Tax
10 June 2024
Grant Thornton is delighted to announce the addition of Henry Armelin as an Associate Director to its Channel Islands tax practice.
 

Prior to joining Grant Thornton, Henry spent several years developing both his Jersey and UK tax knowledge with a Big 4 firm. He then moved to Revenue Jersey as a qualified tax professional where he played a key role in advancing their personal tax offerings, consulting on Jersey tax policy changes and leading Revenue Jersey’s High Value Residence services.
Henry is passionate about Jersey taxation and has extensive experience advising individuals of their Jersey income tax obligations and resolving Jersey income tax disputes.
 
Henry was previously a tutor of Revenue Jersey's Tax Professional accreditation programme and has also written and facilitated additional technical training sessions on Jersey’s system of taxation.
John Shenton, Tax Director at Grant Thornton Channel Islands said, "I am excited to add Henry to the existing team of 13 dedicated tax professionals in Jersey, as in this ever-changing tax environment Henry's knowledge and experience will be invaluable in continuing to advise on all aspects of Jersey taxation."
Grant Thornton celebrates two new director promotions in Jersey
1 April 2024
Grant Thornton, a leading professional services firm with a dedicated workforce of more than 240 individuals, announces the promotion of James Pirie, and Andy Shaw, to Director positions within its Jersey office. This brings the total director count to 17, across the Channel Islands and demonstrates Grant Thornton’s commitment to fostering talent and driving growth.
James Pirie is appointed as Recovery and Re-organisation Director and has been an integral part of Grant Thornton's Jersey team since joining as an associate in 2012. James is a Chartered Accountant, qualified Insolvency Practitioner, and Certified Fraud Examiner, specialising in overseeing solvent and insolvent liquidations, asset sales, antecedent transaction investigations, and claims pursuit. He is also actively involved in industry organizations, serving on the INSOL International Channel Islands Seminar Main Organising Committee.
Andy Shaw is appointed Tax Director and joined Grant Thornton's Jersey office in March 2020. With more than 18 years of experience, he has a proven track record in UK and International Corporate tax advisory services. His role at Grant Thornton involves overseeing the delivery of their UK Corporate tax services to a diverse range of sectors, particularly focusing on UK real estate owning structures. Andy is a Chartered Tax Advisor and collaborates closely with Grant Thornton's experts in the Channel Islands and other areas of UK taxation, ensuring clients receive comprehensive tax solutions. Additionally, he uses the firm's global network to provide clients with seamless tax support internationally.
Adam Budworth, Managing Director at Grant Thornton, Channel Islands, congratulates, James and Andy on their well-deserved promotions to director. He said, ‘’Both Andy and James have played a role in driving the firm's growth forward and their promotions reflect their dedication, expertise, and leadership qualities, which will be instrumental in shaping the future trajectory of the firm.’’
Grant Thornton Promotes Lucinda Overbury and Luke Bridle
16 January 2024
Grant Thornton Channel Islands, a leading professional advisory firm, is pleased to announce a series of promotions across various departments in Jersey and Guernsey, effective from January 1, 2024.
Luke Bridle has been promoted to Audit Resourcing Senior Manager in Guernsey. Luke joined Grant Thornton in 2021, bringing with him a wealth of experience and expertise in the audit domain. His role is instrumental in ensuring the meticulous adherence to internal protocols, showcasing his commitment to maintaining the highest standards of quality and compliance within Grant Thornton.
Lucinda Overbury has been promoted to Tax Senior Manager in Jersey. As a qualified Chartered Accountant with over 10 years of experience, she specialises in Jersey corporate compliance and advisory services. She plays a crucial role in advising clients on complex tax matters, particularly in relation to local investment and regulated companies. Lucinda has been a key figure in guiding clients through local tax changes, including the Economic Substance Law and revisions to Jersey corporate filing regulations.
Congratulations also to the following team members on their well-deserved promotions:
- Maureen Panta promoted to Audit Assistant Manager.
- Davis Krievins promoted to Tax Assistant Manager.
- Richard Foster promoted to Tax Senior.
- Simon Le Gallais promoted to Recovery & Reorganisation Senior.
- George Le Feuvre promoted to Risk Assurance Senior Associate.
- Reena Soni promoted to People & Culture Senior Administrator.
Cyril Swale, Head of Grant Thornton’s Guernsey office said, ‘’With a team of more than 240 across the Channel Islands, we are delighted to be able to recognise these talented individuals on their well-deserved promotions.’’
Adam Budworth, Grant Thornton’s Managing Director added ‘’These promotions exemplify Grant Thornton's unwavering commitment to recognising and nurturing talent within the organisation. I and my fellow Directors wish everyone the best in their new roles.’’
Grant Thornton Limited are delighted to announce the appointment of Charisma Lyall as a director and head of the Regulatory Consulting team.
12 October 2023
Based in Guernsey, Charisma has over 11 years’ experience at the Guernsey Financial Services Commission, most recently as General Counsel. During her time with the Commission, Charisma was responsible for the development and implementation of the new Financial Services Regulatory Laws as well as providing guidance and advice on all aspects of the Commission’s work including supervisory matters, financial crime issues, sanctions and enforcement.
This appointment is an exciting development with the creation of the Regulatory Consulting team for Grant Thornton and demonstrates a continued commitment to providing wide ranging support to our clients.
Charisma is an accomplished regulatory specialist with almost two decades as a legal professional (currently non-practicing). She brings to Grant Thornton specialist expertise in Bailiwick financial services regulatory issues and policies as well as significant experience in delivering impactful strategic guidance and direction on complex issues.
Charisma’s extensive regulatory knowledge allows her to assist private sector clients with a range of services at every stage of the business lifecycle, including the Independent Audit Function for AML/CFT/CPT, application and change of control reviews, onsite-visit preparation and support, remediation design, implementation and reviews, and governance, risk and compliance reviews.
"We are delighted to welcome Charisma on board, with her wealth of industry knowledge and expertise. I am sure she will be a success adding value and insight to our clients, contacts and the Financial Services markets in Guernsey."
- Cyril Swale, Head of Office in Guernsey.
Celebrating Success: Grant Thornton (Channel Islands) Announces October Promotions
1 October 2023
Grant Thornton (Channel Islands) are delighted to announce nine promotions across its offices in Jersey and Guernsey. The majority of these promotions are within the Audit team, reflecting the firm’s dedication to maintaining the highest standards of financial auditing and assurance.
Associate Director Promotions:
Aileen Fortuno and Asanda Ndlondlo have both been promoted to Associate Director. Together they have more than 25 years audit experience and in their new roles will be working alongside the Directors to deliver Grant Thornton’s service line strategy.
Guernsey Promotions:
Nicole De Sousa and Rahul Govind have been promoted to Audit Senior Managers, whilst both Tinotenda Dzimiri and Jonathan Verster have been promoted to Assistant Manager.
Jersey Promotions:
Raymark Yeen has been promoted to Audit, Assistant Manager, Derrick Asamoah to Audit Senior and Melanie Felix to Marketing, Assistant Manager.
Cyril Swale, Head of Audit at Grant Thornton said ‘’With a team of more than 240 across the Channel Islands, we are delighted to be able to recognise these talented individuals on their well-deserved promotions.’’
Adam Budworth, Managing Director of Grant Thornton in the Channel Islands also added, ‘’These promotions are not just a reflection of individual achievements, but also a testament to the thriving and supportive culture that defines us as a business. Our people are our greatest asset, and we look forward to continuing to support them as they play a pivotal role in the continued success of Grant Thornton.’’
INSOL Publication 2023: ESG in Restructuring
18 September 2023
Ben Rhodes, Recovery and Reorganisation Director and Dipak Vashi, Business Advisory Senior Manager and in-house ESG expert at Grant Thornton Channel Islands, co-authored the Guernsey chapter in INSOL International's latest publication, "ESG in Restructuring".
Read the publication [ 765 kb ]
2023 Summer Promotions at Grant Thornton
1 July 2023
Grant Thornton Channel Islands has promoted 15 staff across its Audit, Tax and Advisory service lines. The promotions are focused in the most part in its Audit team with many being promoted to senior positions.
Among those who have been recently promoted include, Imogen Bishop-White to Tax Senior Manager in Guernsey. She is ATT and CTA qualified. Imogen mainly deals with Guernsey and UK personal and company tax.
In Jersey, Nikki Faraon has been promoted to Audit Manager. Nikki has more than five years’ audit experience, working in various locations including: Jersey, Philippines, Singapore, and Dubai.
Tom Angus has also been promoted in Jersey to Recovery & Reorganisation Manager. He is a Chartered Accountant and Certified Fraud Examiner and since joining Grant Thornton in 2019, he has worked on a range of solvent and insolvent liquidations and forensic and asset tracing investigations across various jurisdictions.
Congratulations also to the following individuals on their promotions:
- Geraldine Altamirano, Audit Assistant Manager, Jersey
- Wilhelm Jayobo, Audit Assistant Manager, Guernsey
- Rohit Phophaliya, Audit Assistant Manager, Guernsey
- Prudence Chivaurah, Audit Assistant Manager, Guernsey
- Lucille Santos, Audit Assistant Manager, Guernsey
- Nikko Competente, Audit Assistant Manager, Guernsey
- Gareth Le Cras, Audit Assistant Manager, Guernsey
- Ashley Gordon, Audit Assistant Manager, Guernsey
- Anjanneth Dimalanta, Audit Assistant Manager, Guernsey
- Lucy Allen, Recovery & Reorganisation Senior, Jersey
- Marcus Finer, R&R Senior, Guernsey
- Dan Hook, Tax Senior, Guernsey
Cyril Swale, Head of Grant Thornton’s Guernsey office said ‘We are delighted to share the latest round of promotions which took effect from 1 July 2023. Grant Thornton Channel Islands prides itself on facilitating a working environment where our people are recognised for their hard work.
Adam Budworth, Managing Director at Grant Thornton Channel Islands, also commented ‘Grant Thornton in Jersey and Guernsey has experienced significant growth within the last five years or so, and we are thrilled to announce these promotions which highlight these individuals’ contributions towards the success of their teams and the firm. Congratulations to all.
Grant Thornton and the School of Popular Music launch a new Music Project in Jersey and Guernsey
13 April 2023
Grant Thornton in conjunction with the School of Popular Music are delighted to launch this new opportunity for aspiring musicians in secondary schools across Guernsey and Jersey.
This initiative will see States of Guernsey and States of Jersey secondary schools provided with sponsorship by Grant Thornton to supplement their existing music department budgets, allowing them to purchase extra equipment to continue to provide the best opportunities for Channel Island students. The aim is to support the next generation of talented musicians by providing music departments with up-to-date music equipment, and support. Tutors from The School of Popular Music will provide a variety of musical support to the schools such as: song writing, composing, and recording.
Louise McNamee of Grant Thornton in Jersey presenting the cheque to Music Department heads in Jersey
Tyler Edmonds, SOPM Director said ‘’We are thrilled to launch this initiative to rejuvenate secondary school music departments in Guernsey and Jersey. Our goal is to provide better facilities and opportunities for aspiring musicians to hone their craft and achieve their dreams. We believe that music is an essential part of education, and we want to provide students with the tools they need to succeed," Tyler also added. "We hope that this project will inspire a new generation of musicians in Guernsey and Jersey."
Students under 18 years of age in Jersey and Guernsey will also have an opportunity to participate in a live concert, where professional sound and lighting will be provided to maximise performance. The hope is for students to continuously improve and practice their chosen instrument in the lead up to the gig. The competition will be called the Battle of the Bands in both islands in Guernsey sponsored by Grant Thornton Channel Islands.
Grant Thornton, A pan island, locally owned professional services firm are delighted to support this initiative and the musical aspirations of the students in the Channel Islands. Adam Budworth, Managing Director at Grant Thornton Channel Islands said ‘’We firmly believe in giving back to the community and supporting the next generation in creative and extracurricular activities. We are delighted to be able to support such a great project.”
Ben Rhodes, Guernsey Director at Grant Thornton added “We are excited to support the many aspiring and talented young musicians in Guernsey and Jersey, to give them the opportunity to learn from the professional musicians at SOPM, and to encourage them to pursue music either professionally or as a hobby.”
Ben Rhodes, Director of Grant Thornton presenting the cheque to the Music department heads in Guernsey
Approaching insolvency in Jersey
20 March 2023
Alan Roberts, Recovery and Reorganisation director at Grant Thornton features in the latest edition of Lawyer Monthly. There he shares his thoughts on how the insolvency sector in Jersey may develop further.
Key areas discussed include:
- what avenues of insolvency available to Jersey businesses
- current concerns faced by those businesses and
- predictions for insolvency trends in 2023.
Grant Thornton in conjunction with Chirpy’s Cricket Academy brought ex England Cricketer, Ryan Sidebottom to Jersey
8 March 2023
In support of Les Quennevais school and their Sports Award dinner, Grant Thornton teamed up with Chirpy’s Cricket Academy to bring Ryan to Jersey.
He arrived in Jersey on March 8th and spent time at the school with a few invited guests in He then spent the afternoon holding coaching sessions at the school for the students. He was also one of the guests of honour and presented some of the awards at the school’s Sports Award in the evening.
Grant Thornton are the main sponsor of the school’s sports awards and Adam Budworth said, “I am delighted that we are able to support the school once more and help bring Ryan to the island. As a firm we believe in supporting sport at all levels and helping the local community, promoting sport to the youngsters of the island is very important to their health and wellbeing and future development.
About Ryan Sidebottom
Ryan is a former England international cricketer who played domestic cricket for Yorkshire and Nottinghamshire and retired in 2017, after taking more than 1,000 career wickets. He is the only player in the last 20 years to win 5 county championships and won the 2010 ICC World Twenty20 with England.
After retirement he runs a cricket academy and is a bowling consultant for Surrey. He also appeared on TV’s dancing on Ice.
Grant Thorton welcomed ex-All Blacks captain Richie McCaw to officially open its new St. James Place office
16 November 2022
The office, built to specification for 130 professional services staff, features showers, sound-proofed meeting booths, hot desks, gender neutral toilets and basement parking with electric vehicle charging points.
The business has taken on all four floors of the new building which opened in mid-October after a 24-month construction period. Rihoy & Son did most of the work on behalf of Comprop.
Head of Guernsey’s Grant Thornton office, Cyril Swale claimed staff were over the moon at the new facilities which represent a “world of difference” from its previous office.
“We’re pleased and proud to be finally installed in our new, state-of-the-art home – and for the opening to be made by such a distinguished individual as Richie McCaw. As main sponsor of the Guernsey Rugby Academy, as well as one of the sponsors of Jersey Reds, we were thrilled when Richie accepted our invitation,” he said.
“Interestingly, it has taken almost as long to organise Richie’s involvement as the office build itself, but it’s been worth it and our staff are now able to enjoy brand new facilities in a customised fit out that also enjoys a superb location.”
He added that the extra office space would allow the firm to grow its local employee base by up to 90.
Mr McCaw captained New Zealand’s national rugby team, the All Blacks, for 110 out of his 148 test matches. He has won two Rugby World Cups and was World Rugby Player of the Year for a joint record three times.
He said it was his first visit to the Channel Islands: “It’s not a place you come to without a reason!”
He added that he was pleased to see the business in its new offices after having his planned visit delayed by years due to the pandemic.
Mr McCaw hosted a Q&A session at Elizabeth College with students from a selection of Guernsey schools following the opening before leading a training session for Guernsey Academy rugby players.
Autumn Promotions at Grant Thornton
Grant Thornton Channel Islands has promoted 15 staff across its Audit, Tax and Advisory service lines. Among the 15 promotions, Tanya Scholtz, Liz Hawke, Andy Shaw and James Pirie were promoted to Associate Director.
As well as the promotions to Associate Director, there was numerous senior promotions in both Jersey and Guernsey.
- JP Conadera, Audit, Senior Manager, Guernsey
- Taps Nyawo, Audit, Senior Manager, Jersey
- Reinmar Natividad, Audit, Manager, Guernsey
- Glaiza Zaraspe, Audit Manager, Guernsey
- Sergio Gouveia, Tax, Assistant Manager, Guernsey
- Rachel Kimber, Tax, Senior, Guernsey
- Dan Hook, Tax, Senior Associate, Guernsey
- Sam Hilton, Recovery & Reorganisation, Manager, Guernsey
- Leanne Bisson, Business Advisory, Manager, Guernsey
- Dan Tostevin, Business Advisory, Assistant Manager, Guernsey
- Fiona Wrighton, Business Advisory, Payroll Assistant Manager, Jersey
Cyril Swale, Head of Grant Thornton’s Guernsey office said ’We firmly believe in developing our own home-grown talent which makes a major contribution to the continued success of our business.’’
Adam Budworth, Managing Director at Grant Thornton Channel Islands, also commented: “We are delighted to announce more promotions throughout our business these individuals are being recognised for their continued efforts and hard work, and on behalf of my fellow Directors I would like to congratulate them on their promotions.’’
Pictured below are some of those who have recently been promoted including, Tanya Scholtz, Reinmar Natividad, JP Conadera, Dan Hook, Leanne Bisson, Sergio Gouveia and Glaiza Zaraspe. As well as Guernsey Audit Directors, Cyril Swale, Wynand Pretorius and Michael Carpenter.
Grant Thornton supports the IoD Leadership Shadowing Scheme 2022
18 October 2022
Grant Thornton was delighted to support the Institute of Directors (IoD) Leadership Shadowing Scheme for 2022. As part of the programme, sixth form students are given a unique opportunity to develop and learn about leadership through an on-site placement. As part of the IoD Guernsey Branch scheme, Daniel Troop from Elizabeth College, Guernsey, shadowed Michael Carpenter, Audit Director and Ben Rhodes, Recovery and Reorganisation Director at Grant Thornton.
Reflecting on his experience at Grant Thornton Daniel said "I was delighted to spend my placement at such a reputable company as Grant Thornton. The placement helped me to redefine what I believed leadership to be, and it was a great chance to see Leadership in action."
After students had finished shadowing various local leaders, ten students were shortlisted and asked to present what they learnt about leadership to business leaders, pupils, and teachers. Daniel was one of the ten asked to present at the IoD Leadership Shadowing Scheme Awards evening.
Following a very successful presentation by Daniel, he was awarded a distinction and joint second in the competition. Commenting on Daniel's achievement, Michael Carpenter, Director at Grant Thornton said "Congratulations to Dan Troop for receiving a Distinction for his excellent presentation on leadership at the IoD Leadership Shadowing Scheme Awards!"
New Creditors Winding Up law liquidation appointments
8 July 2022
On 10th June 2022 Alan Roberts, of Grant Thornton, was appointed as Liquidator of two Jersey companies, pursuant to the new Creditors’ Winding Up procedure amendment to the Companies Law, by the Royal Court in Jersey.
The winding up orders were made after the petitioning creditor had issued statutory demands against two companies which had remained unanswered and unpaid.
Alan Roberts commented ‘The Royal Court has demonstrated a confidence and willingness to implement the new Creditors Winding Up procedure to give effect to an unpaid creditor wishing to have recourse against a delinquent debtor. This should be a very welcome development for creditors seeking recovery where attempts to obtain debt repayment have previously been thwarted by Jersey’s lack of creditor legal recourse. Jersey has done well to introduce this change to the law which brings it in to line with other modern jurisdictions.
Hatstone acted for the successful petitioning creditor.
Grant Thornton are pleased to announce their sponsorship of the inaugural Bulls Cup
14 June 2022
Jersey Bulls have unveiled details of the inaugural Bulls Cup and Grant Thorntons sponsorship. The Bulls Cup will take place on the 16th & 17th July 2022 at Springfield Stadium, Jersey. The Bulls Cup will be an annual event, which this year, in addition to Jersey Bulls FC, will feature FC United of Manchester, Cray Wanderers and Hashtag United who collectively have well over 2m social media followers.
Ian Horswell, CEO, Jersey Bulls, “I am delighted to announce this new competition which will see high quality opposition come to the island. This will be an annual event which we will host, and we are hoping that it will also be embraced by the local community at grass roots level.
We are pleased to have Grant Thornton on board as the Bulls Cup sponsor and we look forward to a successful competition this year and for the foreseeable future.”
Adam Budworth, Managing Director of Grant Thornton Ltd says “We are very pleased to be involved with the Jersey Bulls and the Bulls Cup and look forward to welcoming teams from the UK. The added dimension of community involvement is very exciting and more on that will follow shortly.”
The Bulls Cup will be played across the weekend (16th & 17th July), with two matches per day. Tickets can be purchased for the entire weekend; day passes and individual matches. All the teams participating this year have interesting pedigrees:
Hashtag United Football Club are based in Pitsea, Essex, England and are currently members of the Isthmian League North Division and play at the Len Salmon Stadium.
Founded in 2016 by YouTube personality Spencer Owen, the club originally played exhibition matches against professional football clubs' staff teams, Sunday league teams and non-league teams. The games were filmed and highlights were uploaded to their YouTube channel, where they quickly gained a significant online following. In 2017, Spencer Owen began talks with the FA over the possibility of Hashtag United joining the non-league pyramid. The club subsequently entered the league system at the beginning of the 2018–19 season, joining the Eastern Counties League. They currently have over 800,00 social media followers.
Football Club United of Manchester compete in the Northern Premier League Premier Division, the seventh tier of the English football league system, and play home matches at Broadhurst Park. They were founded by Manchester United supporters opposed to American businessman Malcolm Glazer's takeover, F.C. United entered Division Two of the North West Counties Football League, earned three consecutive promotions and were promoted for a fourth time to National League North for the 2015–16 season. In cup competitions, F.C. United reached the second round of the FA Cup in 2010–11 and the fourth round of the FA Trophy in 2014–15. In 2019 they were relegated back to the Northern Premier League.
Cray Wanderers Football Club based in Sidcup, London. The club claim to have been established some time in 1860 in the twin villages of St Mary Cray and St Paul's Cray, near Orpington. Such a date would make it one of the oldest football clubs in the world.
They currently play their home matches at Bromley's Hayes Lane ground (capacity 5,000). The club are in the process of building their own stadium at the former Flamingo Park location on the A20 in Sidcup in Kent, which will be opening in time for the 2023–24 season.
Cray Wanderers were Kent League champions four times, and have reached the fourth qualifying round of the FA Cup twice in their history. The club currently play in the Isthmian League Premier Division.
As the home team Jersey Bulls Football Club are hoping for a full house and a partisan crowd on what will be another club first. More information regarding the detail of the Bulls Cup will be published shortly and tickets for all games will be available to purchase via the Bulls website www.bulls.je on 14 June 2022 from 6pm.
Kimberley Godinho promoted to Tax Senior Manager at Grant Thornton
1 February 2022
Grant Thornton Channel Islands are delighted to announce the promotion of Kimberley Godinho to Senior Manager in their Jersey tax team.
Lisa Guy, Tax Director, added “We are delighted to fill this senior specialist tax role with an internal promotion. Kimberley has more than 10 years’ experience advising local businesses and individuals on a range of tax related issues. She will continue to support our clients with all their tax needs as well as providing local experience and training to our expanding Channel Islands tax team.
Grant Thornton Channel Islands bolsters its financial services audit capabilities with a senior hire
15 September 2021
Editah Nakamya has joined Grant Thornton Channel Islands as a Senior Manager in the Audit practice. Editah joins Grant Thornton from KPMG Channel Islands. She has deep expertise in financial services and her role will focus on clients in the industry including but not limited to real estate funds, private equity and debt funds, fiduciary businesses and special purpose vehicles. Her work includes delivering the audit of financial statements, regulatory reviews and other agreed upon procedures.
Editah holds a BA Sc degree in Agribusiness Management from the Makerere University Kampala, Uganda and is also a Fellow of the Association of Chartered Certified Accountants (ACCA). In addition, she has also qualified with the Institute of Certified Public Accountants, Uganda.
Overseeing Editah’s recent appointment, Alex Langley, Director and Head of the Audit added, “We remain continually focused on investing in our audit quality for the benefit of our clients and stakeholders. Our financial services client base has grown significantly, and Editah’s experience and expertise in financial services is integral for the ongoing growth and first-class service we aim to continue to offer our clients. We are excited how Editah’s will add further value to our proposition.”
Editah said of her recent appointment, “I’m delighted to join Grant Thornton, one of the Channel Islands’ leading independent assurance, tax and advisory firms, dedicated to serving the needs of privately held businesses, financial services and private clients. I look forward to working collaboratively with clients to identify their needs and delivering solutions to resolve any issues.”
Grant Thornton assists in the restructuring of The Jersey Aero Club
8 April 2021
The Jersey Aero Club has just completed a successful restructuring of its assets and now faces a promising future. The restructuring has been assisted by Grant Thornton’s Restructuring team, led by Alan Roberts.
The Aero Club’s newly formed Committee has established strong procedures to re-develop the Club’s governance, activities, and facilities. Despite facing difficult times and the cessation of flight training during the past year, the Club's members have been very supportive, and membership numbers have remained buoyant.
Like many businesses, clubs, and societies, the COVID pandemic hit the Aero Club hard. In May 2020, it had no other choice but to shut its operations. A subsidiary company that operated flight training and managed general aviation operations and the bar and café provision became insolvent and were wound up.
Alan Roberts, Director of Recovery and Reorganisation at Grant Thornton, who led the Club's restructuring, said, "There has been a rise in closing some local businesses or reducing their activities due to the economic effect of COVID. The Aero Club remained resolute in its focus on recovering and regaining its financial stability. My team and I are very pleased to have supported the Club in this successful restructuring."
Now, In its 70th Anniversary year, The Jersey Aero Club is once again financially sound, it has re-opened its doors and has a strong and positive vision for its future.
Grant Thornton Jersey is the first professional services firm to receive Good Business Charter
5 March 2021
The Jersey Good Business Charter has awarded Grant Thornton Jersey with Charter Status to recognise its transformative approach to creating a happy working environment for its people.
Paul Milbank created the Jersey Good Business Charter to highlight, celebrate and encourage the contribution of businesses in Jersey to build a better community and a better world.
The Charter Mark is awarded to businesses that can demonstrate against a series of standards that they are serious about approaching business ethics and corporate social responsibility. They should demonstrate a clear focus on the impact of business on its people, supply chain, community, future generations and the planet.
Grant Thornton is the first professional services firm in Jersey to be awarded the Chartered Status. The Council were particularly impressed by the impact that the firm is having on its people in creating employee engagement and satisfaction – as evidenced by its extraordinary Employee Net Promotor Score.
Brendan McMahon, Chair of the Board of the Jersey Good Business Charter, said, "On behalf of the whole Board, I would like to congratulate Grant Thornton for this significant achievement. I know that our Council was very impressed with two aspects of their application: their innovative work in the community with local charities and their great staff satisfaction ratings, which are the highest in the entire global Grant Thornton network! We will be encouraging Grant Thornton to continue in their Good Business Journey and to consider applying for the next level of the Charter".
Adam Budworth, Managing Director of Grant Thornton, said, "We are delighted to receive news of this Award. Leading our business with a people-first ethos has always delivered excellent results, not least in our financial performance, but more importantly, our team's happiness and engagement. We are delighted to be recognised for the positive approach we take in supporting our people and the wider, local community".
Grant Thornton is the first firm in the Channel islands to achieve IIP Wellbeing status
12 February 2021
Grant Thornton has become the first company in the Channel Islands to be accredited by Investors in People (IiP) with a prestigious silver wellbeing award in recognition of the firm’s efforts to invest in its people and their overall wellbeing.
Grant Thornton expands in Guernsey with the acquisition of Saffery Champness (Guernsey) audit business
01 December 2020
Grant Thornton Channel Islands has acquired the audit business of Saffery Champness in Guernsey, providing significant opportunities for further growth. It will enable Grant Thornton to expand into the local business market as well as financial services sectors and outsourced finance functions. This transaction serves to bolster Grant Thornton’s presence in the Channel Islands and supports the company’s growth strategy.
Grant Thornton Comment on Guernsey’s Insolvency Update
17 November 2020
In response to Deputy Ferbrache’s comments, Director of Recovery & Reorganisation at Grant Thornton Channel Islands, Ben Rhodes, shares his insight into what the proposed new insolvency laws could mean for the parties involved.
CanArgo Limited (Company) and a liquidators approach to competing 'prior rights'
09 November 2020
The Royal Court of Guernsey has recently handed down judgment upon an application by the liquidators of CanArgo Limited (Company), Ben Rhodes and Alan Roberts of Grant Thornton (Liquidators), for directions blessing the sale of the Company's assets which were caught between competing 'prior rights' claims of two protagonists.
Autumn Promotion Success at Grant Thornton
2 November 2020
Grant Thornton Channel Islands has promoted eight staff across its offices in Jersey and Guernsey. The promotions are focused for the most part on its Audit team, with one in its People and Culture team.
The Guernsey promotions include:
- Gashirai Masvikeni to Audit Manager
- Asanda Ndlondlo to Audit Manager
- Brady Lesbirel to Audit Manager
- John Paul Conadera to Audit Manager
- Toni Abejo to Audit Assistant Manager
The Jersey promotions include:
- Reenalyn Narag to Audit Manager
- Jayson Perez to Audit Manager
- Katie Bellamy-Burt to People & Culture Assistant Manager
Grant Thornton Channel Islands prides itself on creating an environment where people are supported to continually grow and develop, both personally and professionally.
Over 400 celebrate STEP's 25th anniversary
28 October 2020
Grant Thornton are proud to be a sponsor of the STEP annual ball on its 25th anniversary.