Limited Companies

All companies with a turnover of more than £350,000 per annum are required to have a statutory audit in accordance with Company Law. This threshold has been increased to £1m with effect from 31/07/2000. For accounting periods ending after 31/07/2000 the limited company statutory audit will only be required for companies with turnovers greater than £1m.

The procedures for conducting an audit are the same whether a large firm of accountants undertakes the work or a small firm. We at Kagdadia & Co pride ourselves in providing a professional service at a competitive price. Kagdadia & Co are Registered Auditors, authorised by the ICAEW* to undertake audit work.

Limited companies with a turnover less than £350,000 per annum are exempt from the statutory audit requirements. We provide an alternative report confirming the review of the accounts. This often helps when bank managers need a copy of the certified accounts.

For your free initial consultation and quotation send your details by E-mail, or contact Ashwin Kagdadia at 01926 451933 or 0116 282 7324

*Institute of Chartered Accountants in England & Wales

AGK Ltd. Trading as Kagdadia & Co. -Telephone Leicester: 0116 282 7324 or Leamington Spa: 01926 451933