ANNUAL ACCOUNTS FOR UK LIMITED COMPANIES
Accurate Annual Accounts, Prepared Clearly and Correctly
Preparation of accurate annual accounts for limited companies, ensuring that your statutory reporting obligations are met.
We prepare your company’s year-end accounts using the financial records provided throughout the accounting period. Your accounts will be reviewed, adjusted where necessary and prepared in the appropriate format for submission to Companies House.
You will also receive a clear explanation of your company’s financial results, helping you understand its performance and financial position.
Clear advice.
Personal service.
Transparent fees.
Statutory Annual Accounts
Preparation of annual financial statements in the appropriate format for your limited company.
Companies House Filing
Support with accurate and timely submission of approved accounts to Companies House.
Year-End Adjustments
Review and adjustment of your accounting records before the final accounts are prepared.
Clear Explanation of Results
A straightforward explanation of your company’s performance and financial position.
Professional Annual Accounts Preparation
Every UK limited company is normally required to prepare annual accounts, including companies that have not traded during the financial year.
We help ensure that your accounts are complete, accurate and prepared in the appropriate format using the financial records and supporting information you provide.
Our annual accounts service can be provided as a standalone year-end service or combined with bookkeeping, VAT returns, payroll and corporation tax support.
What Is Included
The exact scope will depend on your company’s records and reporting requirements.
Accounts Preparation
Year-End Review and Filing
A CLEAR AND STRUCTURED APPROACH
Our Annual Accounts Process
A straightforward process from collecting your records to filing the approved accounts.
1.
Information Collection
We request the accounting records and supporting information needed to prepare your accounts.
2.
Review of Records
We review the information provided and identify missing documents, incorrect entries or balances requiring clarification.
3.
Year-End Adjustments
Necessary accounting adjustments are calculated to ensure that income, expenses, assets and liabilities are recorded correctly.
4.
Accounts Preparation
Your statutory annual accounts are prepared in the appropriate format for your company.
5.
Review and Approval
You receive the completed accounts together with an explanation of the main figures.
6.
Companies House Filing
Once approved, the accounts can be submitted electronically to Companies House.
Annual Accounts and Corporation Tax
Annual accounts and the Company Tax Return are closely connected, but they are separate submissions.
The annual accounts are normally filed with Companies House, while the Company Tax Return is submitted to HMRC.
Your year-end service can include:
- Statutory annual accounts
- Corporation Tax calculation
- Company Tax Return preparation
- Companies House filing
- HMRC submission
Who We Help
Our annual accounts service is suitable for:
Small Limited Companies
Annual accounts for owner-managed and family-run businesses.
Contractors and Consultants
Year-end accounts for professional and consultancy companies.
Online and Retail Businesses
Accounts support for e-commerce businesses, shops and online retailers.
Property and Service Companies
Annual reporting for property-related and service-based businesses.
Dormant Companies
Preparation and filing of dormant company accounts where appropriate.
Growing Businesses
Structured year-end reporting for companies requiring clearer financial information.
PERSONAL AND PRACTICAL SUPPORT
Why Choose Lugira Accounting
We provide clear, reliable and personal accounting support tailored to the needs of small UK businesses.
Accurate Financial Statements
Your records are carefully reviewed before the accounts are prepared.
On-Time Filing
We help monitor the relevant deadline and complete the work in good time.
Clear Communication
Questions and accounting matters are explained in straightforward language.
Personal Service
You communicate directly with the person responsible for your accounts.
Practical Explanations
We explain the figures and highlight matters that may require attention.
Transparent Fees
The scope of work and fee are agreed before the service begins.
Frequently Asked Questions
Annual Accounts FAQs
Most limited companies must prepare annual accounts for each financial year. Dormant companies also normally have reporting obligations, although a simplified form of accounts may be available.
No. Annual accounts are normally submitted to Companies House, while the Company Tax Return is submitted to HMRC.
Yes. We can review the available records and identify the corrections or additional work required before the annual accounts are prepared.
Not necessarily. We can work with accounting software, spreadsheets, bank statements and other supporting records, although well-organised software can make the process more efficient.
Yes. We provide a clear explanation of the main figures, including profit or loss, assets, liabilities and important year-end adjustments.
Yes. Corporation tax preparation and submission can be included as part of the year-end service.
ANNUAL ACCOUNTS SUPPORT
Prepare Your Annual Accounts with Confidence
Accurate and timely annual accounts help keep your company compliant and provide valuable information about its financial position.
Contact Lugira Accounting to discuss your company’s year-end accounts and reporting requirements.