42 Acres — Financial Clarity to Support Regeneration & Growth
Whether your multisite business or a single site business in the professional services sector, you could benefit by outsourcing your finances to Virgate
42 Acres — Financial Clarity to Support Regeneration & Growth
The Client
42 Acres is a regenerative estate, nature reserve and wellbeing retreat centre in Somerset, with a vision to live in harmony with nature, self and others. They host corporate retreats, team getaways, wellbeing retreats, nature-connection events, accommodation, and land-based experiences.
The Challenge
As 42 Acres grew, their operations became more complex. Originally working from a single P&L for the whole estate, the team needed more detailed insight into the performance of individual business areas. They also wanted flexible reporting — different formats for different stakeholders — and tighter controls around deposits and prepaid income.
On top of this, rapid expansion of their guest offerings and land meant the finance function had to keep pace with a dynamic and evolving business.
Our Solution
Virgate has been supporting 42 Acres since 2018, providing full day-to-day finance operations (excluding year-end statutory accounts and tax). This includes:
- Purchase invoice processing
- Bank & supplier statement reconciliations
- Payment runs & bank signatory service
- Balance sheet & income reconciliations
- P&L preparation
- Quarterly VAT returns
- Payroll service
- Inbox management
- Xero & ApprovalMax subscriptions
- Dedicated accounts email address on Virgate’s domain
Beyond the day-to-day, Virgate has flexed its approach to match the client’s needs. For example:
- Delivering a custom Excel report for the Head of Finance and her team to use operationally, alongside a polished PDF pack for Directors to review in monthly meetings.
- Producing reporting both against the original budget and against an updated forecast revised mid-year.
- Keeping close control of deposits and prepaid income, reviewing variances each month to quickly resolve issues (such as unclosed bookings or early income).
The Results
- Granular reporting: 42 Acres now has separate P&Ls for each area of the business, giving much more clarity than the single P&L they had before.
- Tailored outputs: operational teams and leadership each get the reporting format that works best for them.
- Reliable controls: monthly review of deposits and prepaid income means variances are caught and resolved quickly, avoiding large adjustments.
- Support for growth: Since working with Virgate, 42 Acres has expanded beyond their original land, diversified guest offerings (including full-board options and new group experiences), and continued to invest in their regenerative vision — including pioneering permaculture, rewilding, and species reintroduction projects.
- Smoother month-end: initial large adjustments were needed when the account was handed back post-maternity leave, but now month-on-month reporting runs smoothly.
Client Feedback
“As a small team we wanted to focus our efforts on growing our business, working with Virgate means we don’t need to worry about the day to day finance activities and deadlines for VAT and PAYE are never missed. Virgate have taken the time to truly understand our business and we see them now as an extension of our own team. We benefit from improved controls, support with technical queries and the comfort of knowing we have help on hand in case of absence or change with our staff.” Meg Beynon, Head of Finance
Contact us today to find out more on how we can save your business time and money
What our clients say...
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