Great Value Private Limited Company Audits – West London

Private Limited Company Audits

We’re Chartered Accountants. We audit numerous private limited companies. We understand audits can feel like an imposition when they are needed purely for compliance.

That’s why we’ll make your audit as easy as possible.

Often, our audit testing also identifies tax savings and cost efficiencies.

Reducing Private Limited Company Audit Workloads

 We’ll help reduce your audit workload by:

• Minimising your audit emails and queries using our specifically designed audit portal.
• Working remotely when able – minimising our time at your office – and your team’s time.
• Leveraging our experience auditing many accounts / ERP systems.

Our Audit Clients

• We audit 10 listed clients, well-known companies including Sharp Electronics, Linguaphone and Kuoni – and many smaller companies.
• We have significant experience auditing UK:
  • PLCs – limited companies – partnerships – LLPs
  • Charities and NFPs
  • Subsidiaries of international groups
  • PIEs (We’re one of under 40 firms authorised by the FRC to audit PIEs)
  • Highly regulated entities

Our Audit Team

• We’ve 20 experienced auditors – over 50% are from top-4 and top-5 firms.
• We’re a full-service, mid-sized audit firm (70 staff).
• We’re based in West London. We’ve multiple locations, and we’re small enough to care.

Regulatory Compliance

We help ensure you comply with UK legislation and better understand your commercial risks. We’re regulated by the ICAEW and the FRC. When required, our audits are fully compliant with the following:

• Companies Act 2006
• International Financial Reporting Standards (IFRS)
• FRS 102 Section 1A, FRS 103 and FRS 104
• International Auditing Standards (IAS)
• Charity SORP
• Jersey and Isle of Man regulated audit licences

Private Limited Company Audit Case Studies

• A new client needed an audit completed within 14 days of contacting us – and had little time to liaise with us. We accessed their records remotely and audited the company with minimum impact on their management. We signed off the audit report by the filing deadline – without jeopardising its quality.
• We identified a new client who had not previously claimed their Employer’s allowances. We reclaimed them for four tax years, saving our client considerable costs.
• On our first audit, we identified that a client had held patents. We saved 9% of the company’s relevant profit and made back claims on profits for the previous six years.

Next Step

Contact us today to relieve your private limited company audit headache. You’ll be pleased you did.