Limited companies

All companies and limited liability partnerships with a turnover in excess of £5.6million or total assets in excess of £2.8million have a statutory obligation to have an annual audit, some companies below these limits may wish to continue with an audit if for example they are looking to sell the business,or required by participent,or required by lenders or business funds.

As auditors we have a clear responsibility to audit accounts thoroughly and to meet specific professional standards.We advise accountancy clients on the best ways to present and interpret information, in order to achieve their business objectives and their legal obligations.

We also audit for clients, like charities, clubs and associations and pension schemes, will ensure that the business's financial statements are prepared in compliance with the latest accounting standards.

Sole Traders and Partnerships

Whilst not a statutory obligation, our annual accounting review for non-limited companies is still an essential part of the financial review and forward-planning process. It also enables us to review clients' VAT, PAYE and any other statutory obligations.