Audit Assurance



Rawlinson Pryde Ltd are Registered Auditors with the ICAEW regulatory body; therefore we have the full authority to conduct statutory audits for both Companies and Charities.

Being based in Bedford,  we are close to the M1, A1, A14 and M6 which makes us ideally located to audit at your premises. The areas we have covered when conducting auditing services include Heathrow, Birmingham, Matlock, London, Suffolk, Harpenden, Oxfordshire, Wellingborough, Milton Keynes, Luton, St. Neots and Bedford. Our staff members are used to travelling to our audit clients premises or stock locations to perform the necessary duties for audit assurance engagements.

We have experience of auditing UK owner managed businesses, those run by directors who are not the shareholders and also subsidiaries of larger international groups based in Germany and USA.

We provide auditing assurance for companies, charities and specialist areas like Solicitor Rules and FCA.

More details of when your business structure requires an audit due to a breach of the audting thresholds can be found below:


 

Audit Assurance for CHARITIES



Any charity that falls below a gross income of £1,000,000 or less for accounting periods ending on or after 31 March 2015 (£500,000 or less for prior accounting periods), unless both their gross assets exceed £3.26m and their gross income exceeds £250,000), can choose to opt out of a full audit. Most are required to obtain an alternative assurance service, independent examination.



Audit Assurance for COMPANIES


Companies that qualify as small companies under Companies Act 2006 are usually exempt from audit, unless they are members of a group or are charities and required to follow the charity audit thresholds.

The definition of a small company: a company is small if for both this year and last year it was not ineligible, and it met two out of three of the following criteria:

For periods beginning on or after 1 January 2016:

  • Turnover: £10.2m
  • Total assets: £5.1m
  • Number of employees: 50


 
 

SPECIALIST AUDIT WORK



Rawlinson Pryde & Partners are happy to undertake specialist audits required by The Charities’ Commission or professional bodies (including SAR and FSA).
Our staff are experienced in these specialised audit engagements, so you can be assured you will receive a quality service from staff who know what they are doing. We have several Charities and also a few Solicitors we perform these types of engagements for. We also have an insurance broker we ensure complies with the FCA rules.


Other Audit Assurance Engagements



For clients wanting a more thorough accounting review without a full blown audit, we can provide independent examinations to give you peace and mind your accounting processes and systems are working without the extra compliance issues that surround an audit.



 
 

DUE DILIGENCE WORK



We also carry out due diligence work for individuals and businesses looking at potential acquisition and takeover opportunities.
Please contact David Rawlinson if you would like to discuss your business and would like us to provide a competitive quote.