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Every limited company must prepare and submit annual accounts.
This means producing a complete set of financial statements that provide a clear picture of how your business performed over the year.*
We’ll prepare everything you need:
These are all essential for staying compliant, understanding your finances, and giving you all the information you need to help you plan ahead.
*Excludes Micro-entities, small and dormant companies.
As well as fulfilling your statutory requirements, the well-prepared accounts, provided by our experienced team, will give you valuable insight into your business’s health and performance.
We’ll ensure your accounts are fully compliant with Companies House and HMRC requirements, presented clearly, and submitted on time. We’ll explain the figures in plain English, so you understand exactly what they mean for your business to help you make confident decisions for the future.
Statutory accounts are the official financial statements a company must prepare by law. They show your income, expenses, assets, and liabilities, giving a clear, accurate picture of your business for regulators, shareholders, and other stakeholders. Statutory accounts are the legally required financial statements showing your company’s income, expenses, assets, and liabilities.
A copy of your statutory accounts must be sent to: all shareholders, people who can go to the company’s general meetings, Companies House, HM Revenue and Customs (HMRC) as part of your Company Tax Return.
No, all companies must submit accounts to Companies House, although if your Company is dormant or qualifies as a small company or ‘micro-entity’, you may be able to send simpler (‘abridged’) accounts to Companies House and not need to be audited.
At Connolly Accountants, we work with businesses of all sizes and from any industry. Including Sole Traders, Limited Companies or Non-Profit Organisations.
