Statutory Accounts
Statutory Annual Accounts
At the end of every financial year, businesses are required to prepare and submit annual accounts to ensure compliance with regulatory obligations. Our Year-End Accounts service simplifies this process, ensuring your financial statements are accurate, timely, and in line with statutory requirements.
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Tailored Solutions
To meet your specific requirements.
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Accurate and compliant calculations
Peace of mind allowing you to focus on running or growing your business.
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Simplified Process
We make sure your accounts are filed accurately and on time, freeing up your time.
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Gain valuable insights
Our annual statutory accounts process allows us to review the past and make suggestions for the future, based on your needs whether that’s tax planning or cost savings.
Sole Trader, Partnership, LLP or Limited Company
Whether you are a new company or looking to change from your current accountant we can provide a full review of your financial records, carefully prepare profit and loss statements, balance sheets and other required reports, ensuring compliance with accounting standards.
Our services include:
- Preparing annual accounts and income/expenditure statements
- Certifying accounts/property income for mortgage purposes
- Statutory accounts and tax for your company
Contact FHP Accounting to discover how our personalised statutory accounts services can help you.
FAQs
Have you got questions about our accounting services? We’ve got the answers! Check out our FAQ section for quick and easy information.
But if you can’t find what you’re looking for, don’t hesitate to contact us. Our friendly team is happy to help.
Does my business need an accountant?
There is no legal requirement to hire an accountant, however, we think you should focus on doing what you do best, running your business and let us take care of making sure your statutory accounts are compliant and filed on time.
What are statutory accounts?
Statutory Accounts, Financial Accounts, Annual Accounts they all mean the same! Your Statutory Accounts will need to be submitted within 9 Months of your companies year end date to companies house, if not you will start receiving penalties.
Your statutory accounts show how well your company has performed in the year through a profit and loss and then the financial position of the company is backed up with a balance sheet.
Do I only need to speak to my accountant once a year?
We can be as involved as you like, it might be that you also want us to look after the day to day running of your business with our bookkeeping services, or provide a financial review with our management accounts service or you may only need to check in with us once a year its completely up to you our services are tailored to your needs.
When do my Statutory accounts need to be filed?
The deadline for Limited Companies is determined by your Accounting reference date (Year end date). This is taken from when you first formed the company, this is automatically set as the first anniversary of the last day of the month in which you incorporated the company. Depending on whether you are filing your accounts or tax returns, there will be different due dates.