Great Value, Independent School Audits – West London

Great Value, Independent School Audits – West London

It’s a tough time for independent schools. But we’ve enabled our schools to increase savings and cash flow.

Our staff have worked on an audit for St Edwards School (in Oxford) – and led audits for Oxford University colleges such as Lincoln College and Lady Margaret Hall.

Independent School Audit Compliance 

We are Chartered Accountants. We take a risk-based approach to reduce “misstatements” and design audit tests to ensure your audit report is factually accurate.

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

  • GAAP (Note: GAAP in the UK is legally FRS 102.)
  • Financial Reporting Standard (FRS) 102 
  • International Auditing Standards (IAS)
  • Charities Statement of Recommended Practice (SORP)

Benefits of Our Independent School Audits

We ensure you:

  • Are compliant with the Charity Commission
  • Better understand your commercial risks
  • Make the best use of tax savings
  • Optimise your VAT
  • Operate efficiently
  • Increase control

Audit Resources

  • We can meet your audit needs. We’ve dozens of experienced auditors.
  • We have recruited over 50% of our audit team from top-4 and top-5 firms.
  • We’re a full-service, mid-sized audit firm (70 staff).
  • We’re based in West London and have several UK offices.

Audit Methodology and Process

We use the Mercia audit methodology – our key processes are:

  • Identify key risks
  • Define audit strategy
  • Prepare and plan
  • Gather information and documentation
  • Fieldwork, design and testing of key risks
  • Review and analysis
  • Reporting
  • Submission and file
  • Post-audit review and feedback

Working With Us

We’re relationship-driven and proactive. Our company culture is flexible, efficient, and focused on meeting your audit goals.

As far as possible, we deliver on time and ensure there are no last-minute surprises.

Senior Audit Team

Auditor London Edmund Cartwright FCCA

Edmund Cartwright FCCA

Managing Director / Audit Partner

  • Fellow of the Association of Chartered Certified Accountants (FCCA).
  • Authorised by the Institute of Chartered Accountants of England and Wales (ICAEW) to conduct audits.
  • Authorised as a Responsible Individual by the UK Financial Reporting Council (FRC) to conduct Public Interest Entity (PIE) audits.
> Edmund's full profile

Rob Wilkes FCA

Audit Director

  • Rob has 34 years of audit experience.
  • Worked in the UK, Ireland and Australia and at four of the top five global accounting firms.
  • Advises and audits clients in the technology, professional services, leisure, hospitality, manufacturing, wholesale and NFP sectors.
  • Experienced in leading the delivery of audits for listed companies, large privately owned international companies and Private Equity owned businesses.
> Rob's full profile
Auditor London Madhu Chennupati

Madhu Babu Chennupati ICAI, MBA (Finance)

Senior Audit Manager

  • ICAI (Institute of Chartered Accountants of India)
  • MBA (Finance) – Manchester Business School
  • 10 years of experience delivering high-quality audits to clients ranging from small businesses to multinationals.
  • His sector experience includes banking, technology, retail, and manufacturing, as well as public interest entity (PIE) audits.
  • Led bank audits in the UK, Egypt and the Middle East.
> Madhu's full profile

    Next Step

    Contact us today to improve your school audit. You’ll be pleased you did.