Audit and Assurance

REDUCING BUSINESS RISK

Our experienced audit team is passionate about delivering high quality and efficient audit & assurance services to our clients.

We advise a diverse and ever-growing client base, providing a variety of assurance services that help businesses of all sizes to reduce their business risk and build for long-term success.

Audit and Assurance

REDUCING BUSINESS RISK

Our experienced audit team is passionate about delivering high quality and efficient audit & assurance services to our clients.

We advise a diverse and ever-growing client base, providing a variety of assurance services that help businesses of all sizes to reduce their business risk and build for long-term success.

We are registered with the Institute of Chartered Accountants in England and Wales to carry out audit work.

Our services include: –

  • Statutory audits
  • Non-statutory audits
  • Financial due diligence (FDD)

 

  • Internal audits
  • Grant claim reports
  • Assurance engagements

 

We also provide audit services to  a number of regulated sectors, including: –

  • FCA regulated businesses
  • Solicitors
Get in touch

Our Audit is your Assurance

  • The client is at the absolute centre of everything we do, and our audits reflect this.
  • We operate a partner-led service, and all clients have specific individual contacts within the team who strive to fully understand each unique business that they advise. Our ambition is to become a trusted advisor to all of our clients.
  • We keep our audit teams consistent so that clients don’t have to answer the same questions every year.
  • We tailor our work entirely to our client’s needs and requirements, and we deliver our services within set timetables that are agreed in advance.
  • Utilising our secure, cloud-based portal, we strive to work as efficiently as possible throughout the audit process.
  • We believe in always being available for our clients and we encourage frequent communication all year round. We never bill clients for ad hoc phone calls or emails.
  • Risk assessment – a key part of any audit is identifying the significant risks that a business faces and assessing how those risks can be mitigated. An audit offers an independent assessment of the risks facing your business and can offer recommendations to help mitigate them.
  • Assess internal systems and controls – our audits provide a critical assessment of the systems and controls in place within your business. We review the processes currently in place and can identify opportunities to strengthen them.
  • Independent verification of finances – a successful audit can add credibility to a business’ finances in the eyes of a third party, such as a lender or investor. This credibility can support the long-term growth plans of any business.
  • We carry out Financial Due Diligence on behalf of acquirers, funders (banks and PE / VC funds) and management teams.
  • Our team is very experienced and has worked with clients across a number of sectors, and on both sides of transactions.
  • Our objective is to deliver the maximum value for our clients by identifying value drivers and by mitigating risks, which ultimately leads to successful and value enhancing transactions.
  • Our approach is tailored to each specific engagement, but typically includes providing an understanding of: –
    • the drivers behind an entity’s sustainable earnings;
    • trend analysis and assessment of the quality of earnings;
    • assessment of normalised working capital requirements;
    • critical assessment of forecasts; and
    • assessment of qualitative factors, such as a review of accounting systems & controls.

 

Meet the Experts

Legal services

Provision of financial due diligence support to MAPD Group on their acquisition of the entire equity interests in Greater Manchester based law firm Bromleys Solicitors LLP.

Legal services

Provision of financial due diligence support to MAPD Limited on their acquisition of a 75% shareholding in Bermans (2012) Limited, with funding provided by Shard Credit Partners.

Electrical & Mechanical contracting

Provision of financial & tax due diligence to London-based Shard Credit Partners, who funded the debt refinancing and shareholder reorganisation of Midwest Mechanical and Electrical Services Ltd.

Recruitment & training

Provision of financial due diligence to Tack TMI, part of Gi Group, on their acquisition of The Leadership Factory Limited.

Strategic Communications

Provision of financial due diligence support to ThinCats, who facilitated the acquisition of Brand Vista and Schwa by Definition Group.

Water Retail

Provision of financial due diligence to Perwyn Private Equity on their investment into Everflow Limited.

Cyber security

Provision of financial due diligence support to ThinCats, upon their term loan to facilitate the MBO of SentryBay Limited.

Manufacturing and distribution

Provision of financial modelling and financial and tax due diligence to Premier Roof Systems Limited on the acquisition of Classic Windows (NE) Limited.

Career consultancy and Outplacement services


Provision of financial and tax due diligence to Hanover Search Group, on its acquisition of a 50% shareholding in career consultancy and outplacement services business City CV Ltd.

Port Services



Provision of financial and tax due diligence to the incoming management team and London-based Shard Credit Partners, on the MBI of JST Services (Scotland) Ltd.

Smart Energy Technology

Provision of financial and tax due diligence services to Shard Credit Partners on its investment in the Management Buyout (MBO) of Chameleon Technology (UK) Ltd.

Manufacturing


Provision of financial and tax due diligence to London-based Shard Credit Partners, who funded the MBO of Alexander Technologies Europe Limited, from US-based PE house Woodside Capital Partners.

Manufacturing

Provision of financial and tax due diligence to CYBG plc, who funded the debt refinancing of sheet metal fabricators Hydram Engineering Ltd, part of the US-based Dynamic group of companies.

Manufacturing and e-commerce retail



Provision of financial and tax due diligence to Comhar Capital Limited, on its acquisition of a majority shareholding in manufacturer and e-commerce retailer business BGRP Limited.

Financial services

Provision of financial due diligence support to ThinCats, upon their term loan to facilitate the acquisition of HKA (FS) Ltd by G+E Wealth Management.

Fitness


Provision of financial due diligence support to ThinCats, upon their term loan to facilitate the MBO of Competition Line (UK) Limited trading as Lifestyle Fitness.

 
Disability services


Provision of financial modelling and financial and tax due diligence to e-Quality Solutions Group on the acquisition of Amano Technologies Limited.

For over 30 years Ryecroft Glenton have looked after the audit and tax compliance requirements of J Barbour & Sons Limited and all financial aspects of the Barbour Foundation and family trusts. Their hallmark throughout has been outstanding levels of personal service coupled with deep and highly impressive knowledge of whatever subject is at hand. Their support to every aspect of our family business is outstanding and I would strongly recommend the firm to prospective clients.

Dame Margaret / Barbour DBE DL J Barbour & Sons Limited

Ryecroft Glenton isn’t part of the ‘blandscape’ of today’s overly corporate service firms. They will give a clear opinion to help you steer your business decisions. The team are smart, street-wise and some are even charming! (But obviously I don’t say that to their face!) They know their stuff and offer that guiding hand through all the reg and compliance red tape that fries an entrepreneur’s brain.

Charlie Hoult / Chairman - Opencast Software

The Solicitors Team led by Ian are very knowledgeable and their annual visit always gives us peace of mind that we’re complying with the rules to the best of our ability. We find the annual process quick, clear and much more detailed than our previous advisors. Whenever I have a problem or query, I just call them and always get the support I need. I also find Ian’s experience of other firms very useful when discussing future plans or current performance. When we asked Ryecroft Glenton to quote for our compliance work, we were pleasantly surprised…they charged less than our old advisors and yet their work was more detailed. A win win for everyone!

John Elmes / Finance Director - Hewitts Solicitors