Elsby & Co
Auditing and succession planning Auditing is an expanding area for Elsby. T e fi rm off ers a range of services, including statutory audits, charity specialist audits, due diligence, minimising fraud exposure and sector benchmarking. Its audit services are designed to be more than just
a compliance exercise as the team believes the audit process can help businesses to thrive. Leona, who heads up the audit team, said: “Often,
companies see audits as a necessary but expensive process from which they don’t feel they gain any benefi t. “We always seek to add value for our clients so when we
carry out an audit, alongside their audited set of fi nancial statements, they also receive a management letter and we help them to identify where they can improve effi ciency, reduce costs, and increase profi tability.” Elsby has also helped several fi rms to achieve successful
employee succession plans, also known as management buyouts, during the past year. T ese plans are ideal for company owners wanting
to hand over the reins of their business. They can provide owners with full value for their business and the opportunity to sell it to people who they trust in a timescale they want, in the knowledge that the business they have worked hard to create will live on. Employee succession plans enable trusted staff to
take over the ownership of a business without borrowing money. T e staff start running it, allowing the business owner to retire. T e new owners continue at the same level of earnings – plus infl ation – and the surplus profi ts are used to fund the business purchase.
Elsby’s wide range of services make it stand out from
the crowd and far exceed what clients normally receive from their accountancy fi rms. It is unsurprising that Elsby has chosen to go above
and beyond for its clients as this approach chimes perfectly with its values. Claire Emery explained: “At Elsby we’re committed to
creating deep and meaningful relationships built on trust, and we always act fairly and with integrity. “We’re open, honest, friendly and approachable,
we’re practical in our advice and deal with things quickly and effi ciently. “We’ve created a strong management team by working
hard to develop our staff and their ‘soft skills’ because we want to make a diff erence to the lives of our clients and help them to be successful. “We don’t want to simply crunch the numbers. We go
the extra mile that someone else wouldn’t because that extra mile is where the diff erence is made.” T e experts at Elsby are ready to help companies that
want to fi nd out more about the fi rm’s services, or that need support from the expert team following the latest Spring Statement.
Members of the Elsby team wtih, front centre, Leona Bateman, Partner (left) and Ann Phillips, Head of Operations (right)
Contact Elsby & Co by email at
help@elsbyandco.co.uk or call 01933 312950. Find out more at
www.elsbyandco.co.uk
ALL THINGS BUSINESS | 10
FINANCE
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