Audit
Can Hill Wooldridge audit my company?
What is an audit?
An audit is a procedure carried out periodically by an independent party to assess the accounts and records of a company to ensure that they have been properly maintained and comply with accounting standards, legal requirements and give a true and fair view of the company’s financial position.
Who is required to have an audit?
An audit could be necessary for compliance requirements, to provide assurance to investors or to review processes and controls.
Companies that exceed any two or more of the following criteria are required to have external audit by law carried out by a Registered Auditor:
- – An annual turnover of more than £10.2 million
- – Assets worth more than £5.1 million
- – More than 50 employees on average
Our Audit Services
Hill Wooldridge & Co. Ltd is registered to carry out audit work in the UK by the Institute of Chartered Accountants in England and Wales. Details about our audit registration can be viewed at www.auditregister.org.uk for the UK, under reference number C001342617.
As registered auditors Hill Wooldridge & Co. Ltd Chartered Accounts undertakes audits for:
- – Companies
- – Group structures
- – Registered charities
- – Reports and audits on law firms under the Solicitor Accounts Rules (SRA) Accounts Rules
How does Hill Wooldridge add value to the audit?
Hill Wooldridge has been providing auditing services to its clients since it was founded in 1928 and is a service we pride ourselves on. We have audited a vast range of companies ranging from charities to large groups of construction companies.
International standards on auditing (ISAs) are ever changing. It is vital that we as auditors are up to date with the latest legislation and ISA updates. We achieve this through regular attendance of CPD courses as well as extensive reading and research on the ISAs.
Whether you require an audit by law or want a voluntary audit Hill Wooldridge is the ideal partner for you as through our vast experience and knowledge we can tailor our audit services to suit you.
Business services
Bookkeeping and accounting
The last thing you need as a busy business owner is to use up valuable time and resources making sure you are complying with the Companies Act.
Business planning
With years of experience advising the local business community we have a wealth of experience and expertise for you to draw on.
Business startup
Bring us your business ideas and we’ll help you to evaluate them in a constructive and realistic manner.
Company secretarial
The last thing you need as a busy business owner is to use up valuable time and resources making sure you are complying with the Companies Act.
Corporate tax planning
We offer a range of services to help you minimise your corporate tax exposure and relieve you of the administrative burden of complying with tax legislation.
Payroll and autoenrolment
Administering your payroll can be time consuming and burdensome, diverting energy and resources from the core activities of your business.
VAT & MTD
Value added tax is one of the most complex and onerous tax regimes imposed on business – so complex that many businesses inadvertently overpay or underpay VAT.
Getting the right advice can be critical
We know
This allows us the time and space to get to know our clients and spend time on R&D to give you the advice you need to make your business thrive.