- 250 Main Street, 2nd Floor, UK
- info@taxacconsultants.co.uk
Every limited company in the UK must prepare and file annual accounts at the end of its financial year. These accounts provide a clear picture of the company’s profitability, financial position, and overall performance essential for shareholders, regulators (Companies House), and tax authorities (HMRC).
At Taxac Consultants, we help you compile accurate, compliant year-end accounts that fully satisfy statutory requirements such as profit & loss statements, balance sheet, notes, and all required disclosures so you remain compliant and focus on growing your business.
What we offer
- Preparation of full annual accounts (profit & loss, balance sheet, cashflow, notes) based on your bookkeeping records.
- If eligible, preparation of abridged/“filleted” financial statements for smaller companies (to limit publicly visible detail).
- Compliance with UK accounting standards and regulatory requirements.
- Timely filing support to meet deadlines and avoid penalties.
Why choose us
We handle the full end-of-year closing: reconciling ledgers, adjusting entries, ensuring all transactions are captured, producing statutory accounts leaving you with clear, audit-ready documentation without the stress.
FAQ's
Typically within 9 months after your financial year end.
A profit & loss (or income & expenditure) statement, balance sheet, notes, and for larger companies possibly a directors’ report, strategic report, and auditor’s report (unless exempt).
Yes. Many small private companies can prepare abridged/filleted accounts to limit the level of financial detail made public.
Late filing can result in penalties (which increase the longer you delay).
Directors can technically prepare accounts, but many opt for a professional accountant to ensure compliance with accounting standards and avoid errors.