Audit and Assurance

Barrons are Registered Auditors, capable of undertaking all forms of statutory audit and non-statutory audit assignments.

Whilst predominantly the function is seen as a statutory requirement rather than a value-added business service, an audit can help shed light upon the truth and fairness of the financial statements as well as providing valuable certification to potential investors, financiers and suppliers alike.

If your private limited company does not meet certain limits you may be exempt from an audit unless your investors ask for one or your articles of association tell you to do so.

Your company may qualify for exemption if it meets 2 or more of the following:

• Your company has an annual turnover of no more than £10.2 million
• Your assets are worth no more than £5.1 million
• Your company has no more than 50 employees on average as of 1st of January 2016

Our auditors will carefully examine your entire financial situation, during the process of an audit we aim to assess your financial situation and to help you with the following:

• Assess your systems and provide you with an overview
• We will ensure that your company is compliant with relevant standards
• We will assess your accounts and suggest improvements
• Plan future events which will guide you to business improvement
• Banking to forecasting
• Unqualified opinion on accounts

To add value to the statutory service, Barrons seek to provide peer-based benchmarking information to appraise your corporate performance, using the information to assist and guide you towards achieving business enhancement opportunities.

Running a business can be stressful enough without having to concern yourself with keeping up with ever-changing regulations.

Whatever your statutory requirements, Barrons has a team of highly trained and experienced professionals ready to assist in easing the legislative burden, freeing you to focus on developing the business.

Wherever possible, we actively seek to drive value from the delivery of statutory services through reporting how you are performing against historic performance and against industry benchmarks as well as seeking opportunity for positive improvement to your business model.

Why should you be stacked in administration and accounting work. We take the burden off your shoulder’s and help you focus on what really matters to get your business growing.

With our archiving capacities and constant education of our staff, monitoring ever changing regulations and global finance requirements we are sure we can be a valuable ally in your expansion.

As well as statutory accounting services, Barrons offers specialist reporting services.

• ATOL licensed practice
• Service charge accounts
• SRA
• Client monies
• Schools
• BSOG
• Charity