Xero Accounting

Safety Management and Yacht Compliance

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Breaking the Mould Accounting places the safety of the owner, their family, guests, crew and the yacht at the heart of our operation at all times. Safety is central to our culture, both ashore and onboard. We adhere to yachting regulations rigorously for our clients’ safety. Utilising industry-leading, secure cloud-based software, Breaking the Mould Accounting covers all aspects of the yacht’s safety management, integrating safety into the yacht’s processes. The software provides worklists, reports, drill matrix, risk assessments, MLC hours of rest, security declarations, passage planning and risk assessments; integrating and utilising powerful workflow to efficiently run the safety management system and provide the DPA with real time data. Yacht Safety and Compliance Management services include:
  • Setting up, Implementing and Overseeing the International Safety Management (ISM) Procedures and Systems for the Yacht
  • Appointing an ISM Manager for the Yacht
  • Appointing a Designated Person Ashore (DPA)
  • Performing Audits and Reporting to Ensure Compliance with Flag, Class and other Yacht Regulations
  • Setting up International Ship and Port Facility Security Protocols (ISPS)

Accounting Services

We take care of your finance department giving you the time to focus on growing your business.

We will design your finance processes to deliver you real time financial data so you are working on and not in your business.

From bookkeeper, payroll administrator, accounts receivable and payable a qualified management accountant or a Virtual CFO we can design and resource the finance team you need to realise your vision..

About Alasdair Milroy

Virtual CFO and Chartered Accountant for Yacht Owners, Managers and Captains

As a Chartered Accountant, Alasdair Milroy has spent many years working closely with individuals and businesses helping them with all things financial. Up to this very day, he is a member of the Institute in Australia New Zealand, the Institute of Chartered Accountants in England and Wales, and STEP. You could say he is a truly global accountant.

In addition to this, he has also worked in financial services within the UK and Guernsey for over 20 years gaining valuable industry experience at board level; his most recent position being Chief Executive Officer focused on the Superyacht services both in Guernsey and Malta.

As well as having a strong financial background, Alasdair also has a longstanding love of the industry. His father was a merchant seaman and Captain in the Royal Fleet Auxiliary (RFA); Alasdair was christened on the Sir Tristram RFA, and he spent many years of his childhood visiting ferries, container ships and bulk carriers.

Alasdair’s life has always had a connection to merchant mariners and the challenges of life at sea, so when he combined this with his training as a Chartered Accountant and his industry experience in financial services, it’s no real surprise that he went on to launch his own accounting practice. One that he could provide a more specialist and personal service.

Introducing Breaking the Mould Accounting Limited. Providing modern digital accounting services focused on using a technology stack based around Xero or other Cloud Accounting software, the firm primarily works in the maritime sector with yacht management, captains, owners, and family offices.

As a Superyacht Accountant and with his own firm, Alasdair has developed a high level of trust amongst clients and industry professionals within the maritime industry.