What We Do:
- Maintain company’s accounting records throughout the year.
- Prepare annual statutory accounts: profit & loss account, balance sheet, cash flow statement (if applicable), notes to accounts.
- Ensure accounting policies, depreciation, accruals, deferred income/expenditure are properly handled.
- Calculate/shareholder or director remuneration and dividends where relevant.
- Submit Annual Accounts to Companies House.
- File Company Tax Returns (CT600) with HMRC.
- Provide year‑end financial review, advisory forecasts.
Deliverables You Receive:
- Statutory Accounts for your limited company.
- All filings completed and submitted (Companies House, HMRC).
- Clear breakdown of profit, retained earnings, director’s pay/dividends.
- Advice on corporate structure, tax planning (for example on timing of dividends vs salary).
- Financial statements you can share with stakeholders (banks, investors, partners).
Why It Matters:
- Legal requirement for limited companies to keep and file statutory accounts.
- Avoids penalties or legal issues.
- Provides financial transparency important for investment, lending.
- Improves ability to plan strategically, reinvest, or distribute profits.