It is a legal requirement for registered limited companies in the UK to provide an annual account.
We can prepare your statutory accounts and advice on the tax due if you do not already have your own accountant.
Your company’s annual accounts – called ‘statutory accounts’ – are prepared from the company’s financial records at the end of your company’s financial year. It is a report created annually that provides an analysis and assessment of the trends of the past year.
You must always send copies of the statutory accounts to:
- all shareholders
- people who can go to the company’s general meetings
- HM Revenue and Customs (HMRC) as part of your Company Tax Return
- Companies House (unless you send ‘abbreviated’ accounts)
An Annual Report often consists of:
Note: not all companies are required to prepare an annual report. It depends on the company’s legal form and size.
We offer a director services which includes, submission of self assessment (tax return), dividend voucher, P11D submission.
Also we can assist with submission of Individual tax returns for sole trader.
This is a submission required once a year for limited companies and it is a snap shot of your company.
We can submit this return on your behalf
This is an optional service we provide quarterly, so you have a good knowledge of the financial health of your business.
This includes reports such as Profit & Loss account, Balance Sheet analysis, Cash-flow and assistance with forecasting.
If you are interested in this service, please do not hesitate to contact us by email or phone 0117 325 0460