Great Value Small Business Audits – West London UK

Small Business Audits

We’re Chartered Accountants. We audit numerous small businesses and help:

• Ensure your compliance with UK legislation.
• You better understand your commercial risks.

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 Small Business 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 in auditing small UK PLCs, limited companies and LLPs.
• UK subsidiaries of international groups

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’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
• Sarbanes–Oxley Act (SOX) testing of UK subsidiaries of US-listed companies
• International Auditing Standards (IAS)
• Jersey and Isle of Man regulated audit licences

Small Business 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 small business audit headache and better manage your risks. You’ll be pleased you did.