Our services · Watford, Bushey & North West London
Year end statutory accounts filed correctly, and management accounts that actually help you run the business.
Every limited company must prepare statutory accounts and file with Companies House within nine months of year end. We prepare yours to the right standard, FRS 105 for micro entities and FRS 102 1A for small companies, filed accurately and on time, every year.
Statutory accounts are a history lesson though. They tell you what happened months ago. As qualified management accountants this is where we go further than most firms: monthly or quarterly management accounts with real commentary, cash flow forecasting and the numbers that let you make decisions while they still matter. Know your margins, see problems early, plan with confidence.
Private companies must file with Companies House within nine months of the accounting year end. First accounts can differ. Late filing penalties start at £150 and escalate, so we diarise every client deadline.
Statutory accounts are the formal year end accounts required by law. Management accounts are regular internal reports, usually monthly or quarterly, that show how the business is performing right now. One keeps you compliant, the other helps you grow.
Most small companies are exempt. Broadly you need one only if you exceed two of: £15m turnover, £7.5m balance sheet total, 50 employees, or if your shareholders or sector require it. We will tell you where you stand.
We provide company accounts across Watford, Bushey, Harrow and North West London. Related services: Self Assessment Tax Returns · Bookkeeping and Making Tax Digital · VAT Returns and Registration · Payroll and PAYE · Corporation Tax · CIS for Construction.
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