Year End Accounts Sorted – Stay Compliant, Stay Focused

Close your books with confidence

Preparing statutory year end accounts is a legal requirement for UK limited companies.

After the end of your financial year you must draw up full accounts and a Company Tax Return and file them with Companies House and HM Revenue & Customs. These documents don’t just keep the taxman happy – they provide a clear snapshot of your business’s health and help you plan for the year ahead.

Yet, navigating balance sheets, profit and loss accounts and ever changing regulations can be daunting. Let us handle the heavy lifting so you can focus on growing your business.

Why Year End Accounts Matter

Legal compliance

Companies must send statutory accounts to all shareholders, Companies House and HMRC.

Missing deadlines can result in fines and damage your company’s reputation.

Transparency & insight

Annual accounts summarise everything you own, owe and earn.

They include a balance sheet and profit and loss account, giving you clear insight into profitability and liquidity.

Tax planning

Your accounts feed into your Company Tax Return and determine how much corporation tax you pay. Accurate numbers help avoid overpayments and HMRC queries.

Most of our company accounts service packages include a pre year end chat so you can budget for and minimise taxes well in advance, you won’t find out the amount of tax payable on deadline day!

Credibility with stakeholders

Investors, lenders and suppliers often request up to date accounts to gauge financial stability.

Professionally prepared accounts prepared and signed off by a fully qualified firm of accountants inspire confidence.

What Our Year End Accounts Service Includes

We tailor our year‑end accounts service to suit your business, but typically it covers:

Statutory accounts preparation

Compiling the required balance sheet, profit and loss account, notes and directors’ report.

Discussing these with you in detail, without jargon so you fully understand the reports and the implications of the figures they include.

Reviewing and reconciling records

Checking that your bookkeeping is complete, flagging any discrepancies and advising on how to avoid these in future.

Corporation tax
calculations

Working out your taxable profits and advising on allowable deductions so you only pay what’s due.

Filing with Companies House and HMRC

Submitting your accounts and Company Tax Return on time. For first year filings we manage the 21 month Companies House deadline; thereafter we meet the nine month accounts deadline and the 12 month tax return deadline.

Liaising with
auditors

If your company requires an audit, we can coordinate with your auditors to ensure a smooth and efficient process.

Frequently Asked Questions

What are statutory accounts?

Statutory accounts (also called annual accounts) are formal financial statements prepared from your company’s records at the end of each financial year.

They include a balance sheet, profit and loss account and explanatory notes, and must comply with UK accounting rules.

When are my accounts due?

Existing companies must file annual accounts at Companies House within nine months of the financial year end.

Your Company Tax Return is due 12 months after the end of your accounting period, while payment of any corporation tax is due 9 months and 1 day after that period ends.

For new companies the first accounts deadline is 21 months after incorporation.

Do I still need a bookkeeper?

Yes. Year end accounts rely on accurate, fully reconciled bookkeeping records. If you don’t have a dedicated bookkeeper, we can provide ongoing bookkeeping support to ensure your financial data is up to date throughout the year.

What if my records aren’t perfect?

Don’t worry. We’ll review your current records, identify any gaps or errors and make the necessary adjustments. Our goal is to ensure your accounts reflect a true and fair view of your business.

Any improvements identified in the bookkeeping of the company will be discussed with you and training can be provided to ensure that your records are as accurate as possible in the future.

Ready to Close the Year with Confidence?

Preparing statutory accounts doesn’t have to be stressful.

Let our experienced team guide you through the process, ensure compliance and give you clear insight into your business performance.

Get in touch today to discuss your year end accounts and discover how we can help you meet your deadlines, avoid penalties and plan for growth.