Audit report for a private limted company ( small company) FY 2024-25

Save Share

This query is : Resolved

Quick Summary

For a small private limited company in the UK, the independent auditor's report for FY 2024-25 is unlikely to change significantly unless there are major operational or regulatory shifts. Key factors that could lead to changes include appointing a new auditor, limitations in the audit scope, discovery of significant discrepancies, or the auditor issuing a modified opinion due to accounting policy changes or new uncertainties.

R.KANDASUBRAMANIAN

R.KANDASUBRAMANIAN (Querist)

30 April 2025 Experts
well and please updae if any change in independent auditors report in FY 2024-25 for a small private limited company

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

01 May 2025 For a small private limited company, unless there are significant operational/regulatory changes, the auditor’s report may remain largely unchanged.
The change could occur due to several reasons, such as:

Change in auditor: If the company appoints a new auditor.
Scope limitations: If the auditor cannot obtain sufficient evidence or there are restrictions.
Significant discrepancies: Material misstatements or inconsistencies.
Modified opinion: If the auditor issues a qualified, adverse, or disclaimer of opinion.
Changes in accounting policies or compliance issues flagged.
Emergence of new uncertainties or events after the previous report.

R.KANDASUBRAMANIAN

R.KANDASUBRAMANIAN (Querist)

01 May 2025 thanks sir thanks for updated details

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

01 May 2025 You are welcome.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

28 September 2025 Good luck.....

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now