Audit

Audit Services Cheltenham

There’s more to an audit than just ticking boxes. By making sure that your business is fully compliant, we future-proof your company and improve its value.

Our Promise

Our team of experts is passionate about safeguarding your business, and understands the challenges you and your company face in these changing times.

That’s why we get to know you and your goals right from the start, striking the balance between providing you with an effective, actionable service and giving you the independent assurance you require.

GET IN TOUCH

When do you need an audit?

Your business is required to complete a statutory audit under the following circumstances:

If you are a company with a turnover of more than £10.2m and gross assets in excess of £5.1m
If you are the subsidiary of an overseas company
If you are a charity with an income of over £1m
If you have other regulatory reporting requirements e.g. Solicitors or Grant applications

You may wish to complete a voluntary audit to meet the requests of lenders and external shareholders, and to meet the requirements of your supply chain.

A good audit history adds value to a company, which is ideal if you intend to sell the business at a later date. We work closely with our internal corporate finance team where due diligence services are required, and can provide advice and guidance if a disposal is your next step.

Over 100 of our clients require a statutory audit, or have requested to continue having regular audits despite a rise in the thresholds in 2016, making us one of the strongest audit firms in Gloucestershire.

Our audit process

Our dedicated audit team immediately get to grips with your company so we can tailor our approach to work with you effectively and efficiently, while ensuring that your staff can continue working throughout the process.

We utilise the most up-to-date software to complete a paperless audit, and ensure that we remain compliant while we address the inherent audit risks associated with your company and sector.

All of our findings are recorded in a single document, presented at board level, and we work through any findings with you in a collaborative, helpful manner.

By working with Randall & Payne, you will have the reassurance of knowing that you are dealing with registered auditors, whose audit work must comply with the professional standards of the Auditing Standards Board, the Financial Reporting Council and the Institute of Chartered Accountants in England and Wales.

Sectors we can help with

Although our team works with businesses from a wide range of sectors, we have vast experience in the not-for-profit and education sectors. We work with a number of registered charities and academies, and our reports provide trustees with useful insights into potential risks within a charity.

We can also undertake grant audits to substantiate funding grants, making sure that the grant has been spent correctly and within the remit of the grant being awarded.

Our experienced team can also complete a range of other specialist audits:

Pension scheme audit
Solicitors
Not for profit

You can view details of our audit registration at auditregister.org.uk, under the firm reference number C002244548.

Our Audit Services Include

ACADEMIES AND EDUCATION

Testimonials

Their approach to the audit is efficient and appropriately risk-based"

Randall & Payne have been a valued partner during a period of significant change and growth, helping us overcome many challenges covering a wide range of financial reporting, systems, controls, and corporate governance issues. Their approach to the audit is efficient and appropriately risk-based, and they have always worked collaboratively with us to meet the reporting deadlines of our parent company. I have been impressed by the staffing consistency of the audit team, which helps a lot in terms of efficiency and knowledge sharing and it is apparent that as a firm Randall & Payne treat their people well.

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Andrew Woodruff

We would be pleased to recommend Nathan and the rest of the team at Randall & Payne"

We were impressed at the exceptionally high quality and expert approach from Randall & Payne, which enabled them to complete a significantly complex audit with great professionalism and pace. Our structure is very challenging with a number of different stakeholders involved, but Nathan, with senior level support, dealt with all the issues with impressive professionalism, patience and efficiency throughout. We would be pleased to recommend Nathan and the rest of the team at Randall & Payne.

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Marcus Ralphs, CEO

As we look to the future, we are happy in the knowledge that Randall & Payne will be working with us"

Randall & Payne have been our accountants, auditors and financial advisors for well over 25 years and continue to be a trusted partner. They act quickly and efficiently, covering all aspects of the fiscal side of our business, including administering our payroll, looking after our tax affairs, year-end accounting and financial planning. As we look to the future, we are happy in the knowledge that Randall & Payne will be working with us to face the challenges ahead.

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Andrew Growcoot

The advice and support we have received has been first class"

Randall & Payne LLP has provided audit and accountancy services to us for more than 12 years, and I would not hesitate in recommending the firm to others. The partners and staff are professionals to their fingertips, and the advice and support we have received has been first class. They have an interest in, and a commitment to, our organisation that is genuine and we see them, really, as a part of our team.

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Paul N. Rossi

Provided the school and governing body with appropriate support and advice"

Randall & Payne have been the school’s auditors since the school converted to an academy in August 2011. I have been working with Randall & Payne since 2014 and they have always been very helpful, supportive and have provided the school and governing body with appropriate support and advice at a time when schools’ budgets are facing constant pressures. The team have also ensured that when the auditors are in school they “disrupt” the workings of the school in a minimal way and work in partnership with our staff.

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Sarah Gardiner

Successfully executed the challenge of auditing and filing our statutory accounts in a very short time frame from appointment"

Randall & Payne have been efficient and proactive, particularly in meeting deadlines and their added value support on commercial issues. They strike just the right balance between being a flexible, easy to deal with local firm yet having all the key strengths, attributes and rigour necessary to support a company of our size and continued rapid growth. I am particularly indebted to the Audit team who committed to and successfully executed the challenge of auditing and filing our statutory accounts in a very short time frame from appointment. A tremendous achievement in a very professional manner.

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Steve Chaplin

The Partners and team at Randall & Payne simply gave us what we needed to turn our plans into reality"

The Partners and team at Randall & Payne simply gave us what we needed to turn our plans into reality. We are excited about the future and are already working with them on the next three-year plan.

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James Clutterbuck, Managing Director

Meet The Team

Shelley Tomkins

BA

Audit & Assurance

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Nathan Smith

ACA

Audit & Assurance

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ACA

Audit Senior Manager

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Ryan Moore

BSc CA

Audit Director

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Ffion Williams

MAAT

Audit & Assurance

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James Cook

Trainee

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Arul Vettivelu

FMAAT

Audit & Assurance

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