Final Accounts

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Your final accounts in respect of your limited company are due to be filed to Companies House 9 months after your financial year end.

All members of our preparation team are ACCA qualified. The team is headed up by Ellie (also fully ACCA qualified). 

So you can be safe in the knowledge that all accounts are prepared in accordance with the relevant accounting and reporting standards in iXBRL format.

The preparation and submission of your limited company accounts (coupled with the preparation and submission of your company tax return) is the bare minimum requirement from a corporate entity compliance perspective. It is also the most traditional form of accountancy, and no doubt the one that you are most familiar with if you are or have been a Director of a limited company. 

The aim with final accounts is to ensure that you are compliant and to satisfy Companies House and HMRC of this. The data that is used for final accounts prep is inherently out of date (as your year end has already passed before preparation can begin). That said, our aim is not to prepare your accounts ‘just in time’ for your filing deadline. Our aim is to have a meeting with you pre year end, and to prepare these statements and reports as soon as possible after the year end to give you ample notice of your tax liability (and to implement any possible tax planning – such as pension contributions). 

 

 

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Speedy prep!

Clients who work closely with us regularly relay that the speed of final accounts prep assists them with decisions for the coming year and helps them to improve efficiencies.

For clients who are looking for a deeper understanding of their figures, just final accounts are often insufficient for in depth strategic decision making. Such clients will also opt for Management Accounts.