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For further information on any of the services mentioned in this section, please call the office on 01494 552100 or email mike marshall

Certain businesses and other organisations require an audit by law, or for other reasons.

The most common circumstances are as follows:

• Where a company (or limited liability partnership) has an annual turnover exceeding the statutory audit limit - currently £5.6 million, excluding vat.

• Where a company (or limited liability partnership) has gross assets exceeding the small company limits - currently £2.8 million.

• Where a business is regulated, e.g. solicitors and charities.

• Where the business' bank or other lender requires that audited financial statements are prepared.

One area most companies miss is where a UK company is a subsidiary of an overseas parent, and the group's worldwide income or gross assets exceed the limits.

At Seymour Taylor, we carry out audits on just about all kinds of businesses and organisations, including regulated businesses but excluding listed public limited companies.