Year-End Statutory Accounts UK —
Compliant, Filed On Time, Every Year
Professionally prepared statutory accounts for UK limited companies — P&L, balance sheet, notes and directors’ report compliant with FRS 102/105 and UK GAAP. Filed with Companies House and HMRC within all statutory deadlines. ACCA qualified, fixed fee.
What Are Statutory Year-End Accounts?
Every UK limited company is legally required to prepare and file statutory accounts with Companies House and HMRC each year. These are the formal financial statements of your company — prepared to UK GAAP standards and forming the basis of your Corporation Tax return.
Statutory accounts must include a profit and loss account, balance sheet, notes to the accounts and a directors’ report. For small companies qualifying under FRS 105 (micro-entity), a simplified set of accounts is permitted. For companies above the micro threshold, FRS 102 applies.
Companies House requires statutory accounts to be filed within 9 months of your company’s financial year end. HMRC requires your CT600 Corporation Tax return and supporting accounts within 12 months. Late filing triggers automatic penalties from £150 for Companies House and interest charges from HMRC.
We prepare your year-end accounts as soon as your year end passes — not in a last-minute scramble. With Britvex maintaining your bookkeeping throughout the year, your year-end accounts are typically ready within 6-8 weeks of your year end.
✅ What’s Included
- ✓ Full statutory accounts preparation
- ✓ Profit & loss account
- ✓ Balance sheet
- ✓ Notes to the accounts
- ✓ Directors’ report
- ✓ FRS 102 or FRS 105 compliance
- ✓ Companies House filing (iXBRL)
- ✓ HMRC CT600 filing
- ✓ Corporation Tax computation
- ✓ Capital allowances claimed
- ✓ R&D credits identified
- ✓ Director approval & e-signature
- ✓ HMRC payment calculation
Year-End Accounts — Critical Deadlines
From Year End to Filed — How We Work
Year-End Accounts — Common Questions
Year-end accounts with Britvex start from £299 for small limited companies. The final fee depends on turnover, transaction volume and complexity. All fees are fixed and agreed upfront before we start — no hourly rates and no surprise invoices. Book a free consultation for an exact quote.
Private limited companies must file their annual accounts with Companies House within 9 months of their financial year end. For new companies filing their first accounts, the deadline is 21 months from incorporation. Late filing penalties start at £150 and increase with the length of delay — reaching £1,500 for accounts filed more than 6 months late.
Small UK companies (turnover below £10.2m, balance sheet below £5.1m, fewer than 50 employees) can apply FRS 102 Section 1A — a simplified version of UK GAAP. Very small companies qualifying as micro-entities (turnover below £632,000, balance sheet below £316,000, fewer than 10 employees) can apply FRS 105, which allows even simpler accounts with minimal disclosure.
No — Companies House receives statutory accounts (which are publicly available), while HMRC receives your CT600 Corporation Tax return along with accounts in iXBRL format (a digital tagging format). The Companies House filing is typically a simplified version for small companies, while the HMRC filing includes the full accounts and tax computation. We prepare and file both.
Late filing with Companies House triggers automatic civil penalties: £150 (up to 1 month late), £375 (1-3 months), £750 (3-6 months), £1,500 (over 6 months) — doubled for second consecutive late filing. HMRC also charges interest on late Corporation Tax and may issue penalties. Britvex has never filed accounts late for any client.
Year-End Accounts — Stress-Free
Book a free consultation. We prepare your accounts within 6-8 weeks of year end and file everything on time — fixed fee, no surprises, zero late penalties.
Which Businesses Need This Service?
UK Limited Companies — All Sizes
Every UK private limited company must file statutory accounts with Companies House and HMRC annually. From micro-entities qualifying under FRS 105 to growing SMEs under FRS 102 — we prepare and file accounts compliant with the correct standard.
New Companies Filing First Accounts
First-year accounts have a longer filing window (21 months from incorporation) but require additional care — setting up the chart of accounts correctly, establishing opening balances and ensuring all incorporation costs are treated correctly.
Businesses Switching Accountants
Companies switching mid-year need their new accountant to pick up accurate year-to-date figures, carry forward opening balances correctly and review the previous year’s accounts for any missed reliefs or errors.
Overseas-Owned UK Companies
UK subsidiaries and branches of overseas groups must prepare statutory accounts compliant with UK GAAP — which may differ significantly from their parent company’s home country standards. We have extensive experience with international group structures.
4 Costly Mistakes UK Businesses Make — And How We Fix Them
Many businesses wait passively for their accountant to request year-end information — then scramble to find documents. With Britvex maintaining your books monthly, we already have everything we need. Your year-end accounts are typically ready within 6-8 weeks without us needing to ask you for anything.
Capital allowances — Annual Investment Allowance (AIA) on qualifying plant and machinery — are one of the most commonly missed tax reliefs. The AIA limit is £1 million per year, covering computers, equipment, vehicles and fixtures. We identify and claim every pound of capital allowances your business is entitled to as standard.
UK companies spending money on qualifying research and development can claim Corporation Tax relief of up to 33p per £1 spent (SME scheme). Many businesses are unaware that their activities qualify — software development, product innovation, process improvement and even some construction projects can qualify. We assess R&D eligibility for every client.
Director loan accounts that are overdrawn at year-end trigger a 33.75% S455 tax charge on the outstanding balance — payable 9 months after year-end. We identify overdrawn director loan accounts during the year and advise on the most tax-efficient resolution before the year-end deadline.
Fixed Fees — No Surprises
All Britvex fees are fixed and agreed upfront. No hourly rates, no per-transaction charges. The fee quoted is the fee you pay — every month.
All packages include: dedicated accountant · client portal access · 2-hour response guarantee · HMRC agent services. Book a free consultation for your exact quote.
The Law & Standards — What Applies to You
Companies Act 2006 (s394-s396) — every UK company must prepare accounts for each financial year giving a true and fair view of the company’s assets, liabilities, financial position and profit or loss. Accounts must comply with applicable accounting standards (UK GAAP).
FRS 102 — UK Generally Accepted Accounting Practice — the standard applicable to small and medium-sized companies. Requires a balance sheet, P&L, cash flow statement and notes. Section 1A provides reduced disclosures for qualifying small companies.
FRS 105 — Micro-Entity Standard — simplified accounting for very small companies (turnover below £632,000, balance sheet below £316,000, fewer than 10 employees). Minimal disclosure requirements — no notes required beyond those specified in FRS 105 itself.
Corporation Tax Act 2010 — accounts form the basis of the Corporation Tax computation. HMRC requires accounts to be filed in iXBRL format alongside the CT600 return. The filing deadline is 12 months after the end of the accounting period, with payment due 9 months and one day after.
📋 Key Accounting Standards
- FRS 105 Micro-entities — turnover below £632k
- FRS 102 S1A Small companies — below Companies Act thresholds
- FRS 102 Medium companies & voluntary adoption
- FRS 101 Subsidiaries of IFRS groups
- IFRS Listed companies & public interest entities
- Charities SORP Registered charities & CICs
We apply the correct standard for every client — from micro-entity FRS 105 through to full FRS 102 with complex disclosures.