Annual Accounts

Every private company has to file its statutory company accounts with Companies House within nine months of its year end. The penaties for late filing have increased substantially and are doubled if you are late for two years in a row.

Three questions about your annual accounts:

• does the process begin before the year-end to identify any issues to be resolved?
• do you consider profit-extraction and tax implications during the financial year or only afterwards?
• how much attention do you give to the impression your accounts give to the outside world, customers, bankers etc?

If you are concerned about these questions when it comes to your company's statutory accounts, please give us a ring on 020 7384 6800.

Our aim is to complete your company accounts soon after your year-end and we file them online at Companies House whenever you wish within the nine month deadline.

A new Companies Act has gradually been implemented during 2008 and 2009 which has changed the company accounts disclosure requirements and rules governing companies.

For help with your company's accounts and the Companies Act, please contact us on 020 7384 6800.