Would you like to focus on the day-to-day running of your business without any unnecessary hassle?
Under the Companies Act, all Limited Companies (LTDs) and Limited Liability partnerships (LLPs) are required to file annual statutory accounts at Companies House. LTDs and LLPs have a legal duty to produce year-end accounts, but HMRC and banks prefer that all businesses, including Sole Traders and Partnerships, produce year-end accounts. Year-end accounts usually cover a period of 12 months, ending on your company’s official Accounting Reference Date (ARD).
Compiling these accounts is a daunting prospect to undertake, whether your company is already established or a relatively new start-up. We can relieve you of this burden and make sure everything is filed on time.
Preparing End of Year Accounts
The deadline for filing your accounts at Companies House is usually nine months after year-end. We aim to prepare your end of year accounts within 90 days of your year-end, so they are filed well ahead of the deadline. All you need to do is give us your records, no matter what state they’re in, and we will handle the rest.
Being on time is important as you’ll want to avoid late filing penalties of up to £1,500. If you’re very late your company can also be struck off, and the company’s officers (you) can be subject to criminal prosecution.
As soon as we have everything we need, we’ll prepare your end of year accounts without delay, making it a simple and uncomplicated process. We ensure all documents are compliant and accurate, so you’ll never have to worry about being fined for mistakes.
We can also prepare accounts for sole traders and partnerships for whatever reason they are required, whether it be for tax purposes or for your bank.
Filing End of Year Accounts
Once we’ve drafted your end of year accounts we’ll sit down and discuss them with you and identify any actions required. We’ll then take care of the filing for you so that you can focus on the current financial year.