Call for Quotations: Independent Examination of Accounts

Recyke y’bike is a charity, with a turnover of around £300k. Although that puts us in the top 10% or so of UK charities, it’s still pretty small compared with most private companies. If we were just a private company, we’d definitely be exempt from needing to have our accounts audited.

However, as a charity we do have a requirement for our accounts to be independently examined. Having been operating now for over a decade, we’re taking the opportunity to assess many of our existing providers for services. This includes the examination of accounts.

We are therefore looking to appoint a firm of accountants to provide this service. We anticipate that this will be a small contract, and that the work involved will be straightforward for most accountancy firms familiar with the charity sector. We will be able to provide backup / export files from Sage Line 50, along with details of policies applied and any non-standard practices.

Cost will be a factor, but not THE factor in our decision. Quality is far more important, and we need to feel comfortable that in awarding this contract, we’re building a relationship where the nominated supplier will from time to time be asked for advice on technical accounting issues.

In view of the low value of this contract, we don’t want interested parties to invest a huge amount of time in preparing their quotations. We are therefore specifying that your quotation should be no more than a single side of A4. Please ensure that you tell us how the quality you provide will be outstanding, and give an overall price for the year.

You can post your quotation to Karl McCracken, General Manager, Recyke y’bike Ltd, Unit 2 Hannington Street, Byker, NE6 1JT, or email to office@recyke-y-bike.org

Deadline for submissions is 10am, Monday 31st July.

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