London Office
Tavistock House South,
Tavistock Square,
London, WC1H 9LG
t: 020 7388 2641
f: 020 7387 8969
e: th@rayneressex.com
St Albans Office
Faulkner House,
Victoria Street,
St Albans, Herts,
AL1 3SE
t: 01727 833222
f: 01727 864752
e: fh@rayneressex.com
Private Limited Companies
For accounting periods ending on or after 30 January 2004 the audit exemption threshold was raised to £5.6 million turnover or £2.8 million total assets taking many small companies (subject to certain exclusions) out of the need of having to undertake an annual audit. However, companies may wish not to take up this exemption for a variety of reasons and therefore we have many that continue to receive auditing services from Rayner Essex in addition to those that are above the exemption.
Our audit team strive to undertake timely audits to ensure the final preparation of the annual statutory accounts is achieved well in advanced of the statutory filing dates. This also affords us the time to review accounting policies and procedures to ensure compliance with the latest technical releases.
Having annual accounts audited can also provide assurance to third parties such as trade suppliers, bankers, other lenders or financiers as to the reasonable accuracy of the financial statements filed.
For further information please e-mail either our London based business development partner Stephen Jacobs scj@rayneressex.com or our St Albans based audit partner Antony Federer af@rayneressex.com or call Stephen at our London office on 020 7388 2641 or Antony at our St Albans office on 01727 833222.