Account preparation involves gathering and reviewing your company’s financial records to produce statutory accounts for Companies House and HMRC. These accounts provide an overview of your company’s financial position, including profits, assets, and liabilities. Failure to submit accurate accounts on time can result in penalties and unnecessary stress.
Our experienced accountants handle every aspect of account preparation, ensuring compliance with UK accounting standards while providing clarity for directors, shareholders, and stakeholders. We go beyond compliance by helping you interpret the numbers so you can plan effectively for growth.
Why Choose Accusolve for Account Preparation?
We provide a professional and reliable account preparation service designed to give you peace of mind:
- Fully compliant with HMRC and Companies House requirements
- Timely preparation and submission of statutory accounts
- Clear presentation of financial performance and position
- Expert advice to reduce tax liability and improve efficiency
- Support for UK and non-UK company directors
Our Account Preparation Service Covers:
- Preparation of statutory annual accounts
- Profit and loss statements
- Balance sheets and financial notes
- Review of bookkeeping records for accuracy
- Filing of accounts with Companies House
- Submission of corporation tax returns to HMRC
Benefits of Professional Account Preparation
By working with Accusolve, you not only stay compliant but also gain a clearer picture of your company’s financial health:
- Avoid HMRC penalties for late or incorrect submissions
- Gain insights into business performance for strategic planning
- Improve investor confidence with accurate reporting
- Free up valuable time to focus on business growth
Account Preparation FAQ's
-
What is account preparation?
Account preparation is the process of compiling a company’s financial records into statutory accounts that meet HMRC and Companies House requirements. These accounts show the company’s performance and financial position for the year.
-
Who needs to prepare annual accounts?
All UK limited companies are legally required to prepare and file annual accounts with Companies House. Even dormant companies must submit accounts confirming their status.
-
What happens if I miss the filing deadline?
Missing the deadline can result in significant HMRC and Companies House penalties. Accusolve ensures your accounts are prepared and submitted on time to avoid fines and compliance issues.
-
Can you help non-UK directors with account preparation?
Yes. We specialise in supporting both UK and overseas company directors, ensuring full compliance with UK accounting and tax laws, no matter where you are based.
