Prepare and file Annual Accounts & Corporation Tax Returns

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‘Statutory Accounts’ , ‘Year-end Accounts’, OR 'Annual Accounts' must be submitted by all Limited Companies in the UK within 9 months after the company’s year end to the Companies House and Corporation tax return must be submitted within 12 months after year end.
Failure to file confirmation statements, annual returns or accounts is a criminal offence which can result in directors being fined personally in the criminal courts. Failure to pay the late filing penalty can result in enforcement proceedings.
Statutory Accounts comprise of a set of financial reports showing the financial performance (through Profit & Loss statement) of the company during the year and the financial position (through Balance Sheet) at the end of the year. In addition, they also highlight any important information through disclosures to any stakeholders in the business.

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