Annual Accounts Preparation
Ensuring Compliance & Financial Accuracy
Every UK-registered company must prepare and submit annual accounts to Companies House and HMRC. Our Annual Accounts Preparation service ensures your financial statements are accurate, compliant, and submitted on time, giving you peace of mind and helping you make informed business decisions.
What is Annual Accounts Preparation?
Annual accounts preparation involves compiling financial statements that detail a company’s income, expenses, assets, and liabilities for a financial year. These reports are essential for tax calculations, investor confidence, and regulatory compliance.
Key Benefits of Annual Accounts Preparation
- Legal Compliance – Ensures your company meets Companies House and HMRC requirements.
- Accurate Financial Reporting – Provides a clear financial overview for better decision-making.
- Tax Efficiency – Helps identify allowable expenses and reduce tax liabilities.
- Avoid Penalties – Prevents fines for late or incorrect submissions.
- Supports Business Growth – Aids in securing funding and improving financial management.
Why Choose Us for Annual Accounts Preparation?
At The Expert Firm, we offer meticulous, efficient, and fully compliant annual accounts preparation services tailored for UK businesses.
- Expert Accountants – Experienced in UK financial reporting standards.
- Timely Submission – Avoid late penalties with on-time filings.
- HMRC & Companies House Compliance – Ensure all reports meet legal requirements.
- Tax Planning Insights – Identify opportunities to optimise your tax position.
- Dedicated Support – Personalised advice based on your business needs.
Our Comprehensive Annual Accounts Preparation Services
We provide end-to-end financial reporting, including:
- Profit & Loss Statement Preparation – Summary of your company’s revenue and expenses.
- Balance Sheet Compilation – A complete snapshot of business assets and liabilities.
- Corporation Tax Calculations – Accurate tax computations for HMRC submission.
- Director’s Report Preparation – Required for larger businesses.
- Statutory Accounts Submission – Filing with Companies House and HMRC.
- Compliance Reviews – Ensuring financial records align with UK accounting standards.
Who Can Benefit from Our Services?
Our Annual Accounts Preparation services are ideal for:
- Limited Companies (LTDs & PLCs)
- Small & Medium Enterprises (SMEs)
- Startups & Growing Businesses
- Sole Traders & Partnerships (requiring financial statements)
- Non-UK Residents Operating in the UK
FAQs
All limited companies, LLPs, and certain partnerships must file annual accounts with Companies House.
For most companies, accounts must be filed 9 months after the financial year-end.
Late submissions can result in fines starting from £150, increasing up to £1,500 based on the delay.
Sole traders do not file with Companies House but must keep financial records for self-assessment tax returns.
Yes, but professional accountants ensure accuracy, compliance, and tax efficiency, reducing risks of errors and penalties.
Annual accounts are a legal necessity and a financial roadmap for your business. The Expert Firm guarantees accurate, timely, and fully compliant accounts, helping your business thrive while meeting UK regulations.
Getting Started Now
Expert accounting, payroll, legal, and management solutions for individuals and businesses.