Financial and statutory accounts

Limited companies of any size, from a single-director contractor company to an established trading business with staff.

What statutory accounts actually are

Statutory accounts are the formal year-end financial statements every UK limited company must prepare and deliver to Companies House. They normally include a balance sheet, a profit and loss account, and the notes that explain the figures.

Under the current rules, most small companies can file filleted accounts, which keep much of their financial detail off the public record. Part of our job is making sure you file only what the law requires, and keeping you informed as Companies House changes these rules.

What we do

We take your bookkeeping records, whatever state they are in, and turn them into a set of accounts that satisfies Companies House and HMRC. Where the records need work first, we say so upfront rather than discovering it in month three.

Then we sit down with you and go through the figures. The aim is not to read the balance sheet aloud, but to point out the things that matter: where your margin actually went, which costs have crept up, whether the business can afford what you are planning next.

How this helps you

• You stay compliant. Filed on time, in the right format, with the right disclosures for your company size.
• You disclose less. Small companies have exemptions. We use them, so competitors and suppliers see only what they need to.
• You understand your own numbers. A set of accounts you can read is a set of accounts you can make decisions from.
• Your tax follows on cleanly. The accounts feed straight into your corporation tax return, so nothing is done twice.