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An Accountant You Can Trust

What Are Year End Accounts?

Year End Accounts are financial statements prepared at the end of your accounting period that summarise your business's financial performance and position.

Depending on your business structure, they may be required for submission to Companies House, HMRC or both.

Year End Accounts generally include:

  • Profit and Loss Account
  • Balance Sheet
  • Notes to the Accounts
  • Director's Report (where required)
  • Corporation Tax information
  • Supporting financial schedules
  • Adjustments and accruals
  • Depreciation calculations

These accounts provide a clear picture of your income, expenses, assets, liabilities and overall profitability.

Our Year End Accounts Services

We provide a comprehensive service tailored to your business.

Our Year End Accounts service includes:

  • Preparation of statutory accounts
  • Limited company accounts
  • Sole trader accounts
  • Partnership accounts
  • Financial statement preparation
  • Corporation Tax calculations
  • Director reporting
  • Balance sheet preparation
  • Profit and loss reporting
  • Year-end adjustments
  • Review of bookkeeping records
  • Accounts submission guidance
  • Companies House filing support
  • HMRC compliance support

We ensure every set of accounts is prepared accurately and reflects the true financial position of your business.

Common Year End Accounting Challenges We Help Solve

Businesses often approach us when they face:

  • Incomplete bookkeeping records
  • Missing financial information
  • Uncertainty about filing deadlines
  • Errors in previous accounts
  • Corporation Tax concerns
  • Poor financial reporting
  • Difficulty understanding profit and loss
  • Rapid business growth
  • Changing accounting requirements
  • Preparation for finance applications
  • Companies House filing questions
  • HMRC compliance issues

Our proactive approach helps resolve these challenges efficiently while improving your financial systems for future years.

Frequently Asked Questions

What are Year End Accounts?

Year End Accounts are financial statements prepared at the end of your accounting period that summarise your business's financial performance and financial position.

Do all businesses need Year End Accounts?

Most businesses are required to prepare year-end financial records. Limited companies have statutory reporting obligations, while sole traders and partnerships need accurate accounts to complete their tax returns.

When should Year End Accounts be prepared?

Accounts should be prepared after the end of your accounting period and completed in time to meet HMRC and Companies House filing deadlines.

Can you prepare accounts from bookkeeping records?

Yes. We can prepare Year End Accounts from your bookkeeping records and advise if any adjustments are required.

Can you help if my bookkeeping is incomplete?

Absolutely. We regularly assist businesses with incomplete records and help organise financial information before preparing the accounts.

Will my Year End Accounts help with obtaining finance?

Yes. Banks and lenders often require professionally prepared accounts when assessing business loan or mortgage applications.

Can you also prepare my Corporation Tax Return?

Yes. We can prepare your Year End Accounts alongside your Corporation Tax Return, helping ensure consistency and compliance.