End of year accounts
We handle the process from start to finish so you can focus on your work, knowing your accounts are accurate and submitted on time.
What We Mean by “End of Year Accounts”
When we talk about end of year accounts, we mean the official financial statements, including profit and loss, balance sheet, cash flow, and supporting notes, that must be sent to HMRC and Companies House.
These reports are a legal requirement for limited companies, but they also provide a clear overview of how your business has performed over the year. Done properly, they are more than a tick-box exercise; they’re a useful tool for planning ahead.
Lets start with a chat
I take time to get to know you and your business
Clarity
We explain your results in plain language so you understand exactly where you stand.
One point of contact
You deal directly with us from start to finish.
Time saved
You can get on with running your business while we handle the details.
Accuracy
Every figure is checked so your accounts are correct and stand up to scrutiny.
Our Step-by-Step Process
Initial Discussion
We start with a short call or meeting to understand your business, how the year went, and any changes that might affect your accounts. This means we can gather the right information without taking up more of your time than necessary.
Collecting Your Records
You send us your financial information—bank records, invoices, expenses, and anything else relevant. If it’s not perfectly organised, that’s fine, we will work through it and put it in order.
Preparing Your Accounts
We produce your end of year accounts, including the profit and loss statement, balance sheet, and cash flow. As we work, we highlight any trends, unusual changes, or opportunities to save money.
Clear Summary
You receive a straightforward explanation of your results:
- Profit or loss
- Impact on your tax bill
- Any points that need attention
We give you the facts without unnecessary terminology.
Filing on Your Behalf
We submit your accounts to HMRC and Companies House, on time and in the correct format. You will get reminders when deadlines are close, but the process is fully managed by us.
Planning for the Year Ahead
Once everything is filed, we provide practical advice on what to prepare for in the next year, including payment deadlines and ways to improve efficiency.
Why Clients Choose to Stay with Us
We aren’t just box-tickers; here’s how we lighten the load:
Clear communication:
We make sure you always know where things stand.
Reliable deadlines
Everything is submitted on time so there are no penalties.
Practical value:
You get both compliance and useful insights.
A stress-free process:
We handle the technical work so you can stay focused on your business.
The Results
You stay on top of your obligations without setting foot in an HMRC portal, and you avoid penalties that can eat into your profit margin. We aim to give you back the time to run and grow your business.
Our
Services
Bookkeeping
Management Accounts
VAT
CIS Returns
Payroll
Auto-enrolment
Tax Planning
Year End Reporting
Corporation Tax Returns
Confirmation Statements
Self Assessment
Capital Gains Tax
Advisory Services
Frequently Asked Questions
What are end of year accounts?
End of year accounts are a summary of your business’s financial activity for the year. They show your income, expenses, assets, and debts, giving a clear picture of your overall performance. These accounts are used to work out tax and provide important information for business planning.
When do end of year accounts need to be filed?
End of year accounts must be filed with Companies House and HMRC by specific deadlines. For most limited companies, the deadline is nine months after the end of the financial year for Companies House, and twelve months after the year end for HMRC. Sole traders report their figures through the annual Self Assessment tax return.
Are end of year accounts figures exclusive of VAT?
In most cases, end of year accounts are prepared without VAT included, unless your business is not registered for VAT. The figures usually show income and expenses net of VAT, as VAT is treated separately and reported on VAT returns.
What is the difference between end of year accounts & Management Accounts?
Management accounts are produced throughout the year to help you make ongoing decisions about your business. End of year accounts are the formal, final report of the year that must be submitted to HMRC and Companies House. One keeps you on track during the year, the other meets your legal requirements and provides the complete picture.