Company Statutory Accounts Preparation

Companies are obliged to prepare accounts to a standard in keeping with the Companies Act 2006, and to submit accounts to Companies House within nine months of the year end. We prepare accounts for clients using our software designed to ensure that the accounts comply with legal requirements. The accounts are in a format which is suitable for clients, banks and HMRC. Subsequently we will submit abbreviated accounts (far reduced disclosure requirements) to Companies House online.

The penalty for late submission of accounts to Companies House starts at £150 for one month, and increases to £1,500 for twelve months delay. In certain circumstances the late filing penalty can be doubled.

We aim to complete annual accounts in Companies Act format on a timely basis to ensure that the results discussed are relevant to the current trading position. In addition we will check that the deadlines for submission can be achieved and we will work with clients to ensure that these are met.