Annual Accounts
For Limited Companies, Contractors, LLPs, Small to Large-Sized Businesses
Full annual accounts to be submitted to HMRC
Abbreviated annual accounts to be submitted to Companies House
iXBRL conversion of accounts for Companies House and HMRC
Who?
Who needs to produce accounts?
If you have a Limited Company or an LLP, you will need to produce annual accounts for submission to Companies House and HMRC.
An abbreviated set of accounts can be filed with Companies House, which looks very simple.
However, HMRC still requires a full set of accounts to be submitted alongside the Corporation Tax return, which includes a detailed profit and loss account and director’s report. The accounts need to be converted into a unique language called iXBRL and then must be filed digitally, either online or using specialist accounting software, such as Xero or QuickBooks.
Why?
Why choose us to produce your accounts?
1) Accurate reporting
We use fully qualified Chartered Accountants, which gives you assurance that your accounts are reliable so you can track your performance with confidence. It will also help to minimise the risk of errors, so you can be satisfied that you are compliant with accounting standards and filing correct information to HMRC and Companies House.
2) Profitability recommendations
We can analyse your business’ performance which can enable us to provide you with recommendations to improve your profitability and operations.
3) Reduced risk of late filing penalties
By utilising automated email reminders, we will ensure that your accounts are submitted on time, which will will keep you out of the cross hairs of HMRC.
What?
What is your process to produce the accounts?
1) Deadline reminder
We will send you an email reminder of deadlines and we will ask for all of your accounting records.
2) Produce your accounts
We will use your accounting records to produce your annual accounts. These will go through our internal review process so you have assurance that it has been reviewed by a Chartered Accountant.
3) Approval of your accounts
We will share the annual accounts for you to review and provide your approval.
4) Filing and submission
Once you’ve provided approval, we will get your accounts filed and submitted to HMRC.
Cost?
How much will your accounts cost?
All of our packages include a full set of annual accounts and tax returns, which starts from only £55 per month.
Additional services, such as VAT returns, payroll and bookkeeping, can be included as extras.
Other Services?
What other services do you provide?
VAT Returns
From only £40 per month
Payroll
From only £12 per month
Bookkeeping
From only £20 per month
Contact Us
We offer a no fee no obligation consultation at a location convenient for you… it has never been easier to start saving money.