{"id":60391,"date":"2026-10-12T11:00:03","date_gmt":"2026-10-12T06:00:03","guid":{"rendered":"https:\/\/finsoulnetwork.com\/uk\/?p=60391"},"modified":"2026-10-11T18:04:16","modified_gmt":"2026-10-11T13:04:16","slug":"limited-company-year-end-accounts","status":"publish","type":"post","link":"https:\/\/finsoulnetwork.com\/uk\/blog\/limited-company-year-end-accounts\/","title":{"rendered":"Limited Company Year End Accounts: What to Prepare and When They Are Due"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"60391\" class=\"elementor elementor-60391\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6db79825 e-flex e-con-boxed wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-column-slider-no wpr-equal-height-no e-con e-parent\" data-id=\"6db79825\" data-element_type=\"container\" data-e-type=\"container\" 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elementor-size-default\">Limited Company Year End Accounts: What to Prepare and When They Are Due<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4595e15 e-flex e-con-boxed wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-column-slider-no wpr-equal-height-no e-con e-parent\" data-id=\"4595e15\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-7af0aa72 e-con-full e-flex wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-column-slider-no wpr-equal-height-no e-con e-child\" data-id=\"7af0aa72\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-64441659 e-con-full e-flex wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-column-slider-no wpr-equal-height-no e-con e-child\" data-id=\"64441659\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6f61ed47 elementor-widget__width-inherit elementor-widget elementor-widget-wdt-post-feature-image\" data-id=\"6f61ed47\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;wdt_animation_effect&quot;:&quot;none&quot;}\" data-widget_type=\"wdt-post-feature-image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"\">\r\n\r\n\t<!-- Featured Image -->\r\n\t<div class=\"entry-thumb single-preview-img\">\r\n\t\t<div class=\"blog-image\">\r\n<img fetchpriority=\"high\" decoding=\"async\" width=\"1200\" height=\"628\" src=\"https:\/\/finsoulnetwork.com\/uk\/wp-content\/uploads\/sites\/2\/2026\/10\/finsoulnetwork-uk-7.webp\" class=\"attachment-full size-full wp-post-image\" alt=\"limited company year end accounts\" srcset=\"https:\/\/finsoulnetwork.com\/uk\/wp-content\/uploads\/sites\/2\/2026\/10\/finsoulnetwork-uk-7.webp 1200w, https:\/\/finsoulnetwork.com\/uk\/wp-content\/uploads\/sites\/2\/2026\/10\/finsoulnetwork-uk-7-300x157.webp 300w, https:\/\/finsoulnetwork.com\/uk\/wp-content\/uploads\/sites\/2\/2026\/10\/finsoulnetwork-uk-7-1024x536.webp 1024w, https:\/\/finsoulnetwork.com\/uk\/wp-content\/uploads\/sites\/2\/2026\/10\/finsoulnetwork-uk-7-768x402.webp 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/div>\r\n\r\n\t\t<!-- Post Format -->\r\n\t\t<div class=\"entry-format\">\r\n\t\t\t<a class=\"ico-format\" href=\"\"><\/a>\r\n\t\t<\/div><!-- Post Format -->\r\n\t<\/div><!-- Featured Image --><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2cd330eb elementor-widget elementor-widget-text-editor\" data-id=\"2cd330eb\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;wdt_animation_effect&quot;:&quot;none&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400\">A company year-end can arrive quickly, especially when records, invoices and tax information have been building up throughout the year. Missing a filing date or overlooking an important transaction can create extra work for a director. Knowing what needs to be prepared, checked and filed before the deadline can make the process much easier to manage.<\/span><\/p><p><span style=\"font-weight: 400\">Finsoul Network UK helps businesses understand the practical steps involved in preparing for their year-end. This guide explains what limited company year-end accounts involve, which records you need, how to check your figures and when different Companies House and HMRC obligations are due. It also covers first-year companies, small and micro companies, dormant businesses and recent changes to company accounts filing.<\/span><\/p><h2><b>What Are Limited Company Year-End Accounts?<\/b><\/h2><p><span style=\"font-weight: 400\">Limited company year-end accounts are the financial statements prepared at the end of a company&#8217;s financial year. They show important information about the company&#8217;s financial position and activity during that period.<\/span><\/p><p><span style=\"font-weight: 400\">These are commonly referred to as statutory accounts when they are prepared for the company&#8217;s legal reporting requirements. They are based on the company&#8217;s accounting records and may be used by Companies House, HMRC, shareholders and other authorised parties.<\/span><\/p><p><span style=\"font-weight: 400\">The exact format depends on the company&#8217;s size, circumstances and applicable accounting rules. A small company may have different reporting requirements from a larger company, while a dormant company has a different position again.<\/span><\/p><p><span style=\"font-weight: 400\">The year-end process is not simply about producing a set of figures. Records need to be reviewed so that income, expenses, assets, liabilities and other transactions are recorded for the correct period.<\/span><\/p><p><span style=\"font-weight: 400\">Directors also need to keep supporting records and review the information before the accounts are submitted. This helps identify missing transactions, incorrect balances and other issues before filing.<\/span><\/p><p><span style=\"font-weight: 400\">For a company that has been trading throughout the year, preparation may involve bank reconciliations, invoices, expenses, payroll information, VAT records, loans and fixed assets.<\/span><\/p><p><span style=\"font-weight: 400\">The accounts also form part of the information used when dealing with the company&#8217;s tax obligations. However, company accounts and the Corporation Tax return are not the same document and have different purposes.<\/span><\/p><p><span style=\"font-weight: 400\">Understanding this distinction is important because the Companies House and HMRC deadlines do not necessarily fall on the same day.<\/span><\/p><h2><b>What Do the Accounts Usually Include?<\/b><\/h2><p><span style=\"font-weight: 400\">The contents depend on the company and the reporting requirements that apply to it, but the accounts commonly contain several main financial statements and supporting information.<\/span><\/p><ul><li style=\"font-weight: 400\"><b>Balance sheet:<\/b><span style=\"font-weight: 400\"> Shows the company&#8217;s assets, liabilities and shareholders&#8217; funds at the end of the financial year.<\/span><\/li><li style=\"font-weight: 400\"><b>Profit and loss account:<\/b><span style=\"font-weight: 400\"> Records income, costs and the resulting profit or loss for the accounting period.<\/span><\/li><li style=\"font-weight: 400\"><b>Notes to the accounts:<\/b><span style=\"font-weight: 400\"> Provide supporting information and explanations about figures shown in the accounts.<\/span><\/li><li style=\"font-weight: 400\"><b>Directors&#8217; report:<\/b><span style=\"font-weight: 400\"> May be required depending on the company&#8217;s size and reporting category.<\/span><\/li><li style=\"font-weight: 400\"><b>Auditor&#8217;s report:<\/b><span style=\"font-weight: 400\"> Applies where the company is required to have an audit and does not qualify for an exemption.<\/span><\/li><\/ul><p><span style=\"font-weight: 400\">The amount of information included can differ between micro-entities, small companies and larger businesses. Directors should therefore check which reporting category applies before preparing the final accounts.<\/span><\/p><h2><b>What Should You Prepare Before Your Company Year End?<\/b><\/h2><p><span style=\"font-weight: 400\">Good preparation starts with having the company&#8217;s financial records up to date. Gathering the information before the accounts are prepared can also make it easier to identify missing documents.<\/span><\/p><ul><li style=\"font-weight: 400\"><b>Bank and credit card statements:<\/b><span style=\"font-weight: 400\"> Collect statements covering the complete accounting period and check that all business accounts are included.<\/span><\/li><li style=\"font-weight: 400\"><b>Sales records:<\/b><span style=\"font-weight: 400\"> Gather sales invoices, credit notes, customer balances and details of invoices that remain unpaid.<\/span><\/li><li style=\"font-weight: 400\"><b>Purchase and expense records:<\/b><span style=\"font-weight: 400\"> Keep supplier invoices, receipts, business expenses and bills that relate to the financial year.<\/span><\/li><li style=\"font-weight: 400\"><b>Payroll information:<\/b><span style=\"font-weight: 400\"> Prepare payroll reports, PAYE records, pension information and details of outstanding staff-related payments.<\/span><\/li><li style=\"font-weight: 400\"><b>VAT records:<\/b><span style=\"font-weight: 400\"> Check VAT returns, VAT payments and balances so they agree with the accounting records.<\/span><\/li><li style=\"font-weight: 400\"><b>Asset and finance information:<\/b><span style=\"font-weight: 400\"> Gather records for equipment, vehicles, property, loans, finance agreements and other business assets.<\/span><\/li><\/ul><p><span style=\"font-weight: 400\">Having these records ready gives the accountant or person preparing the accounts a clearer picture of the company&#8217;s transactions during the year.<\/span><\/p><h2><b>What Checks Should You Complete Before Finalising the Accounts?<\/b><\/h2><p><span style=\"font-weight: 400\">Before the accounts are finalised, the figures should be checked against the company&#8217;s underlying records. These checks can help identify errors that may otherwise carry into the submitted accounts.<\/span><\/p><h3><b>Reconcile Bank and Payment Accounts<\/b><\/h3><p><span style=\"font-weight: 400\">Compare the accounting records with bank statements and payment platforms. Investigate unexplained differences rather than carrying them forward.<\/span><\/p><h3><b>Review Outstanding Customer Balances<\/b><\/h3><p><span style=\"font-weight: 400\">Check unpaid invoices and confirm that customer balances are correctly recorded at the year-end. Consider whether any debts need further review.<\/span><\/p><h3><b>Check Supplier and Expense Balances<\/b><\/h3><p><span style=\"font-weight: 400\">Review unpaid supplier invoices and expenses incurred before the year-end but not yet paid. These may need to be reflected in the accounts for the correct period.<\/span><\/p><h3><b>Review Director Transactions<\/b><\/h3><p><span style=\"font-weight: 400\">Check money paid into or taken from the company by directors. Director loan balances should agree with the underlying records.<\/span><\/p><h3><b>Check VAT and Payroll Balances<\/b><\/h3><p><span style=\"font-weight: 400\">Compare VAT and payroll records with the accounting system. Differences should be investigated before the accounts are completed.<\/span><\/p><h3><b>Review Year-End Adjustments<\/b><\/h3><p><span style=\"font-weight: 400\">Consider items such as accruals, prepayments, depreciation, stock adjustments and bad debts where applicable. These adjustments can affect the figures shown in the final accounts.<\/span><\/p><h2><b>What Are the Deadlines for Company Year-End Filing?<\/b><\/h2><p><span style=\"font-weight: 400\">For most private limited companies, the main deadlines should be considered separately because Companies House filing and HMRC tax obligations have different due dates.<\/span><\/p><table><tbody><tr><td><p><b>Requirement<\/b><\/p><\/td><td><p><b>Usual deadline<\/b><\/p><\/td><td><p><b>Where it is dealt with<\/b><\/p><\/td><\/tr><tr><td><p><span style=\"font-weight: 400\">Annual accounts<\/span><\/p><\/td><td><p><span style=\"font-weight: 400\">9 months after the financial year end<\/span><\/p><\/td><td><p><span style=\"font-weight: 400\">Companies House<\/span><\/p><\/td><\/tr><tr><td><p><span style=\"font-weight: 400\">Corporation Tax payment<\/span><\/p><\/td><td><p><span style=\"font-weight: 400\">9 months and 1 day after the end of the Corporation Tax accounting period<\/span><\/p><\/td><td><p><span style=\"font-weight: 400\">HMRC<\/span><\/p><\/td><\/tr><tr><td><p><span style=\"font-weight: 400\">Company Tax Return<\/span><\/p><\/td><td><p><span style=\"font-weight: 400\">12 months after the end of the Corporation Tax accounting period<\/span><\/p><\/td><td><p><span style=\"font-weight: 400\">HMRC<\/span><\/p><\/td><\/tr><\/tbody><\/table><p><span style=\"font-weight: 400\">These deadlines can differ in some circumstances, particularly for a company&#8217;s first accounting period or where the company has changed its accounting period.<\/span><\/p><p><span style=\"font-weight: 400\">It is therefore important to identify the relevant accounting periods rather than treating every year-end obligation as having one single deadline.<\/span><\/p><h2><b>How Do You Find Your Company Year-End Date?<\/b><\/h2><p><span style=\"font-weight: 400\">Your company year-end date is linked to its accounting arrangements and can be checked through its Companies House information. A company&#8217;s first accounting reference date is normally connected to the anniversary of its incorporation. That date then determines the end of its annual accounting period unless it is changed.<\/span><\/p><p><span style=\"font-weight: 400\">Checking the company&#8217;s Companies House record is a practical starting point when you are unsure about the year-end. You should also check whether it has previously been changed, as this can alter the filing timetable.<\/span><\/p><p><span style=\"font-weight: 400\">Once the year-end date is confirmed, you can work out the Companies House filing deadline for your annual accounts. Keep this separate from the Corporation Tax payment and return dates, because those are based on the company&#8217;s Corporation Tax accounting period.<\/span><\/p><h2><b>When Are First Company Accounts Due?<\/b><\/h2><p><span style=\"font-weight: 400\">The first accounts for a newly incorporated company can follow a different timetable from later annual accounts. For a private company, the first accounts are normally due 21 months after incorporation at Companies House.<\/span><\/p><p><span style=\"font-weight: 400\">The first accounting period can be longer than 12 months. This is one reason new directors should not assume that their first Companies House filing date will be nine months after their first 12-month trading period.<\/span><\/p><p><span style=\"font-weight: 400\">Corporation Tax has its own accounting periods, and these cannot normally exceed 12 months. A company may therefore have more than one Corporation Tax accounting period during the period covered by its first accounts.<\/span><\/p><p><span style=\"font-weight: 400\">The exact dates should be checked against the company&#8217;s incorporation and accounting information before filing. This is particularly important for businesses that have recently been incorporated and have not yet completed their first financial year.<\/span><\/p><h2><b>Do Small and Micro Companies Have Different Account Requirements?<\/b><\/h2><p><span style=\"font-weight: 400\">Small and micro companies can have simpler reporting requirements than larger companies, but the rules depend on the company&#8217;s size and the accounting period concerned.<\/span><\/p><p><span style=\"font-weight: 400\">For accounting periods beginning on or after 6 April 2025, a company generally falls within the micro-entity category if it meets at least two of the relevant conditions, including turnover of no more than \u00a31 million, a balance sheet total of no more than \u00a3500,000 and an average of no more than 10 employees.<\/span><\/p><p><span style=\"font-weight: 400\">Small-company thresholds are higher, so a business may qualify for small-company treatment without being a micro-entity.<\/span><\/p><p><span style=\"font-weight: 400\">These categories can affect the information included in the accounts and the filing requirements that apply. A company should therefore establish its reporting category before deciding which accounts format to prepare.<\/span><\/p><p><span style=\"font-weight: 400\">Audit requirements also need separate consideration, as being small or micro does not automatically answer every audit question.<\/span><\/p><h2><b>Do Dormant Limited Companies Need Year-End Accounts?<\/b><\/h2><p><span style=\"font-weight: 400\">A dormant limited company still has Companies House filing responsibilities. Being dormant does not automatically remove the requirement to file annual accounts.<\/span><\/p><p><span style=\"font-weight: 400\">Dormant accounts are generally simpler because the company has not carried out significant accounting transactions during the relevant period. However, the company still needs to meet its filing obligations and submit the appropriate information by the applicable deadline.<\/span><\/p><p><span style=\"font-weight: 400\">Dormant status for Companies House purposes should also be distinguished from a company&#8217;s Corporation Tax position. A company that is not trading may have different tax reporting requirements depending on its circumstances.<\/span><\/p><p><span style=\"font-weight: 400\">Directors should check the company&#8217;s status and filing requirements rather than assuming that no trading activity means no accounts need to be filed.<\/span><\/p><h2><b>Company Accounts vs Company Tax Return: What Is the Difference?<\/b><\/h2><p><span style=\"font-weight: 400\">Although the two are connected, they serve different purposes and have different deadlines.<\/span><\/p><table><tbody><tr><td><p><b>Company accounts<\/b><\/p><\/td><td><p><b>Company Tax Return<\/b><\/p><\/td><\/tr><tr><td><p><span style=\"font-weight: 400\">Report the company&#8217;s financial position and performance<\/span><\/p><\/td><td><p><span style=\"font-weight: 400\">Reports information used to calculate Corporation Tax<\/span><\/p><\/td><\/tr><tr><td><p><span style=\"font-weight: 400\">Usually filed with Companies House<\/span><\/p><\/td><td><p><span style=\"font-weight: 400\">Filed with HMRC<\/span><\/p><\/td><\/tr><tr><td><p><span style=\"font-weight: 400\">Normally due 9 months after the financial year end for a private company<\/span><\/p><\/td><td><p><span style=\"font-weight: 400\">Normally due 12 months after the end of the Corporation Tax accounting period<\/span><\/p><\/td><\/tr><tr><td><p><span style=\"font-weight: 400\">Based on the company&#8217;s accounting records<\/span><\/p><\/td><td><p><span style=\"font-weight: 400\">Uses tax-adjusted figures to determine taxable profit<\/span><\/p><\/td><\/tr><tr><td><p><span style=\"font-weight: 400\">Filing does not mean Corporation Tax has been paid<\/span><\/p><\/td><td><p><span style=\"font-weight: 400\">Corporation Tax payment has a separate deadline<\/span><\/p><\/td><\/tr><\/tbody><\/table><p><span style=\"font-weight: 400\">A company&#8217;s accounting profit and taxable profit are not necessarily identical. Tax rules can require adjustments to the figures shown in the accounts before Corporation Tax is calculated.<\/span><\/p><h2><b>What Happens If You Miss the Accounts Deadline?<\/b><\/h2><p><span style=\"font-weight: 400\">Missing a filing date can result in penalties and can also leave the company with an overdue filing record. Companies House applies different penalties depending on how late private company accounts are filed.<\/span><\/p><h3><b>Companies House Late Filing Penalties<\/b><\/h3><p><span style=\"font-weight: 400\">For a private company, the current penalties range from \u00a3150 for accounts filed up to one month late to \u00a31,500 when they are more than six months late. The penalty can be higher in certain repeated late-filing situations.<\/span><\/p><h3><b>HMRC Deadlines Are Separate<\/b><\/h3><p><span style=\"font-weight: 400\">A late Company Tax Return and late Corporation Tax payment are dealt with separately by HMRC. A company can therefore meet one obligation on time and still miss another.<\/span><\/p><p><span style=\"font-weight: 400\">Directors should keep separate reminders for Companies House filing, Corporation Tax payment and the tax return rather than relying on one year-end date.<\/span><\/p><h2><b>Who Is Responsible for the Limited Company Year End?<\/b><\/h2><p><span style=\"font-weight: 400\">Directors remain responsible for making sure the company&#8217;s accounts are prepared and filed correctly and on time, even when an accountant or bookkeeper handles the work.<\/span><\/p><ul><li style=\"font-weight: 400\"><b>Company directors:<\/b><span style=\"font-weight: 400\"> Remain responsible for the company&#8217;s legal filing duties.<\/span><\/li><li style=\"font-weight: 400\"><b>Accountant:<\/b><span style=\"font-weight: 400\"> Can prepare accounts, deal with adjustments and advise on filing requirements.<\/span><\/li><li style=\"font-weight: 400\"><b>Bookkeeper:<\/b><span style=\"font-weight: 400\"> Can maintain day-to-day records and reconcile transactions.<\/span><\/li><li style=\"font-weight: 400\"><b>Tax adviser:<\/b><span style=\"font-weight: 400\"> Can assist with Corporation Tax calculations and tax reporting.<\/span><\/li><li style=\"font-weight: 400\"><b>Internal finance staff:<\/b><span style=\"font-weight: 400\"> May gather records, check balances and prepare information for the accounts.<\/span><\/li><li style=\"font-weight: 400\"><b>Company secretary or administrator:<\/b><span style=\"font-weight: 400\"> May assist with records and filing processes where appropriate.<\/span><\/li><\/ul><p><span style=\"font-weight: 400\">Finsoul Network UK can help businesses understand the information needed for their year-end work and the steps involved in preparing the relevant documents.<\/span><\/p><h2><b>How Should You Keep Your Accounts Records?<\/b><\/h2><p><span style=\"font-weight: 400\">Company accounting records should be kept in a way that allows transactions to be identified and supported when required. This includes records such as invoices, receipts, bank statements, payroll information, VAT records and documents supporting accounting calculations.<\/span><\/p><p><span style=\"font-weight: 400\">UK companies generally need to keep accounting records for six years from the end of the relevant financial year, although specific exceptions can apply. Records should be organised so that figures in the accounts can be traced back to their supporting information.<\/span><\/p><p><span style=\"font-weight: 400\">Digital records can make this easier when documents are stored consistently and backed up. Businesses should also keep records of important adjustments, loans, assets and other transactions that affect the accounts.<\/span><\/p><p><span style=\"font-weight: 400\">Good record-keeping throughout the year reduces the amount of work needed when the year-end arrives.<\/span><\/p><h2><b>What Is Changing for Companies House Account Filing?<\/b><\/h2><p><span style=\"font-weight: 400\">Companies House is changing the way company accounts will be filed. From 1 April 2028, all companies will have to file their annual accounts using commercial software. Changes will also affect the information that small companies and micro-entities need to provide.<\/span><\/p><p><span style=\"font-weight: 400\">These changes are part of wider reforms to Companies House filing and reporting. Businesses that currently prepare accounts using older filing methods should be aware of the move towards software-based filing.<\/span><\/p><p><span style=\"font-weight: 400\">The 2028 changes do not remove the need to understand the company&#8217;s existing filing obligations. Until the new requirements apply, companies should continue to follow the filing rules and deadlines relevant to their current accounting period.<\/span><\/p><p><span style=\"font-weight: 400\">Businesses should check the latest Companies House guidance as the implementation date approaches, particularly if they prepare accounts themselves.<\/span><\/p><h2><b>Conclusion<\/b><\/h2><p><span style=\"font-weight: 400\">Preparing limited company year-end accounts involves more than collecting invoices at the end of the financial year. Directors need to check their records, review balances, identify relevant adjustments and keep Companies House and HMRC deadlines separate.<\/span><\/p><p><span style=\"font-weight: 400\">For businesses that want support with their UK accounting and compliance requirements, Finsoul Network UK can provide guidance based on the company&#8217;s circumstances and reporting needs.<\/span><\/p><h2><b>FAQs<\/b><\/h2><h3><b>When are limited company accounts due?<\/b><\/h3><p><span style=\"font-weight: 400\">Most private companies must file their annual accounts with Companies House within nine months of the financial year end. First accounts and certain other circumstances can have different deadlines.<\/span><\/p><h3><b>What documents are needed for year-end accounts?<\/b><\/h3><p><span style=\"font-weight: 400\">Common records include bank statements, sales invoices, purchase invoices, expenses, payroll information, VAT records, asset details, loan information and director transaction records.<\/span><\/p><h3><b>Are annual accounts and a tax return the same?<\/b><\/h3><p><span style=\"font-weight: 400\">No. Annual accounts report the company&#8217;s financial position and performance, while the Company Tax Return provides HMRC with information used to calculate the company&#8217;s Corporation Tax liability.<\/span><\/p><h3><b>Do dormant companies have to file annual accounts?<\/b><\/h3><p><span style=\"font-weight: 400\">Yes. A dormant company generally still has to file annual accounts with Companies House, even though its accounts may be much simpler than those of an active trading company.<\/span><\/p><h3><b>Can an accountant file company accounts for a director?<\/b><\/h3><p><span style=\"font-weight: 400\">Yes. An accountant can prepare and file accounts on behalf of a company, but the directors remain responsible for the company&#8217;s filing obligations and meeting the relevant deadlines.<\/span><\/p><p><br \/><br \/><br \/><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4e5227be e-con-full e-flex wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-column-slider-no wpr-equal-height-no e-con e-child\" data-id=\"4e5227be\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-21e1ccd0 elementor-toc--minimized-on-tablet elementor-widget elementor-widget-table-of-contents\" data-id=\"21e1ccd0\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;headings_by_tags&quot;:[&quot;h2&quot;],&quot;marker_view&quot;:&quot;bullets&quot;,&quot;no_headings_message&quot;:&quot;No headings were found on this 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class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-toc__header\">\n\t\t\t<h2 class=\"elementor-toc__header-title\">\n\t\t\t\tTable of Contents\t\t\t<\/h2>\n\t\t\t\t\t\t\t<div class=\"elementor-toc__toggle-button elementor-toc__toggle-button--expand\" role=\"button\" tabindex=\"0\" aria-controls=\"elementor-toc__21e1ccd0\" aria-expanded=\"true\" aria-label=\"Open table of contents\"><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-down\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M207.029 381.476L12.686 187.132c-9.373-9.373-9.373-24.569 0-33.941l22.667-22.667c9.357-9.357 24.522-9.375 33.901-.04L224 284.505l154.745-154.021c9.379-9.335 24.544-9.317 33.901.04l22.667 22.667c9.373 9.373 9.373 24.569 0 33.941L240.971 381.476c-9.373 9.372-24.569 9.372-33.942 0z\"><\/path><\/svg><\/div>\n\t\t\t\t<div class=\"elementor-toc__toggle-button elementor-toc__toggle-button--collapse\" role=\"button\" tabindex=\"0\" 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data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;wdt_animation_effect&quot;:&quot;none&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Book An Appointment<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-63f45e58 elementor-widget elementor-widget-button\" data-id=\"63f45e58\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;wdt_animation_effect&quot;:&quot;none&quot;}\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/finsoulnetwork.com\/uk\/book-an-appointment\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span 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elementor-widget elementor-widget-heading\" data-id=\"3d0004a3\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;wdt_animation_effect&quot;:&quot;none&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Recent Blogs<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5acec13c elementor-grid-tablet-1 elementor-grid-3 elementor-grid-mobile-1 elementor-posts--thumbnail-top elementor-widget elementor-widget-posts\" data-id=\"5acec13c\" data-element_type=\"widget\" data-e-type=\"widget\" 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https:\/\/finsoulnetwork.com\/uk\/wp-content\/uploads\/sites\/2\/2026\/10\/finsoulnetwork-uk-10-300x157.webp 300w, https:\/\/finsoulnetwork.com\/uk\/wp-content\/uploads\/sites\/2\/2026\/10\/finsoulnetwork-uk-10-1024x536.webp 1024w, https:\/\/finsoulnetwork.com\/uk\/wp-content\/uploads\/sites\/2\/2026\/10\/finsoulnetwork-uk-10-768x402.webp 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h4 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/finsoulnetwork.com\/uk\/blog\/how-to-set-up-payroll-for-small-business\/\" >\n\t\t\t\tHow to Set Up Payroll for a Small Business in the UK: Step-by-Step Guide\t\t\t<\/a>\n\t\t<\/h4>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tOctober 15, 2026\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/finsoulnetwork.com\/uk\/blog\/how-to-set-up-payroll-for-small-business\/\" aria-label=\"Read more about How to Set Up Payroll for a Small Business in the UK: Step-by-Step Guide\" tabindex=\"-1\" >\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-60417 post type-post status-publish format-standard has-post-thumbnail hentry category-blog\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/finsoulnetwork.com\/uk\/blog\/employer-of-record-uk\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img decoding=\"async\" width=\"1200\" height=\"628\" src=\"https:\/\/finsoulnetwork.com\/uk\/wp-content\/uploads\/sites\/2\/2026\/10\/finsoulnetwork-uk-9.webp\" class=\"attachment-full size-full wp-image-60421\" alt=\"employer of record UK\" srcset=\"https:\/\/finsoulnetwork.com\/uk\/wp-content\/uploads\/sites\/2\/2026\/10\/finsoulnetwork-uk-9.webp 1200w, https:\/\/finsoulnetwork.com\/uk\/wp-content\/uploads\/sites\/2\/2026\/10\/finsoulnetwork-uk-9-300x157.webp 300w, https:\/\/finsoulnetwork.com\/uk\/wp-content\/uploads\/sites\/2\/2026\/10\/finsoulnetwork-uk-9-1024x536.webp 1024w, https:\/\/finsoulnetwork.com\/uk\/wp-content\/uploads\/sites\/2\/2026\/10\/finsoulnetwork-uk-9-768x402.webp 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h4 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/finsoulnetwork.com\/uk\/blog\/employer-of-record-uk\/\" >\n\t\t\t\tEmployer of Record UK: What It Is, How It Works and When to Use One\t\t\t<\/a>\n\t\t<\/h4>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tOctober 14, 2026\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/finsoulnetwork.com\/uk\/blog\/employer-of-record-uk\/\" aria-label=\"Read more about Employer of Record UK: What It Is, How It Works and When to Use One\" tabindex=\"-1\" >\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-60402 post type-post status-publish format-standard has-post-thumbnail hentry category-blog\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/finsoulnetwork.com\/uk\/blog\/small-company-audit-exemption\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"628\" src=\"https:\/\/finsoulnetwork.com\/uk\/wp-content\/uploads\/sites\/2\/2026\/10\/finsoulnetwork-uk-8.webp\" class=\"attachment-full size-full wp-image-60403\" alt=\"small company audit exemption\" srcset=\"https:\/\/finsoulnetwork.com\/uk\/wp-content\/uploads\/sites\/2\/2026\/10\/finsoulnetwork-uk-8.webp 1200w, https:\/\/finsoulnetwork.com\/uk\/wp-content\/uploads\/sites\/2\/2026\/10\/finsoulnetwork-uk-8-300x157.webp 300w, https:\/\/finsoulnetwork.com\/uk\/wp-content\/uploads\/sites\/2\/2026\/10\/finsoulnetwork-uk-8-1024x536.webp 1024w, https:\/\/finsoulnetwork.com\/uk\/wp-content\/uploads\/sites\/2\/2026\/10\/finsoulnetwork-uk-8-768x402.webp 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h4 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/finsoulnetwork.com\/uk\/blog\/small-company-audit-exemption\/\" >\n\t\t\t\tSmall Company Audit Exemption: Does Your UK Company Need an Audit?\t\t\t<\/a>\n\t\t<\/h4>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tOctober 13, 2026\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/finsoulnetwork.com\/uk\/blog\/small-company-audit-exemption\/\" aria-label=\"Read more about Small Company Audit Exemption: Does Your UK Company Need an Audit?\" tabindex=\"-1\" >\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<\/div>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>A company year-end can arrive quickly, especially when records, invoices and tax information have been building up throughout the year. Missing a filing date or overlooking an important transaction can create extra work for a director. Knowing what needs to be prepared, checked and filed before the deadline can make the process much easier to manage. Finsoul Network UK helps businesses understand the practical steps involved in preparing for their year-end. This guide explains what limited company year-end accounts involve, which records you need, how to check your figures and when different Companies House and HMRC obligations are due. It also covers first-year companies, small and micro companies, dormant businesses and recent changes to company accounts filing. What Are Limited Company Year-End Accounts? Limited company year-end accounts are the financial statements prepared at the end of a company&#8217;s financial year. They show important information about the company&#8217;s financial position and activity during that period. These are commonly referred to as statutory accounts when they are prepared for the company&#8217;s legal reporting requirements. They are based on the company&#8217;s accounting records and may be used by Companies House, HMRC, shareholders and other authorised parties. The exact format depends on the company&#8217;s size, circumstances and applicable accounting rules. A small company may have different reporting requirements from a larger company, while a dormant company has a different position again. The year-end process is not simply about producing a set of figures. Records need to be reviewed so that income, expenses, assets, liabilities and other transactions are recorded for the correct period. Directors also need to keep supporting records and review the information before the accounts are submitted. This helps identify missing transactions, incorrect balances and other issues before filing. For a company that has been trading throughout the year, preparation may involve bank reconciliations, invoices, expenses, payroll information, VAT records, loans and fixed assets. The accounts also form part of the information used when dealing with the company&#8217;s tax obligations. However, company accounts and the Corporation Tax return are not the same document and have different purposes. Understanding this distinction is important because the Companies House and HMRC deadlines do not necessarily fall on the same day. What Do the Accounts Usually Include? The contents depend on the company and the reporting requirements that apply to it, but the accounts commonly contain several main financial statements and supporting information. Balance sheet: Shows the company&#8217;s assets, liabilities and shareholders&#8217; funds at the end of the financial year. Profit and loss account: Records income, costs and the resulting profit or loss for the accounting period. Notes to the accounts: Provide supporting information and explanations about figures shown in the accounts. Directors&#8217; report: May be required depending on the company&#8217;s size and reporting category. Auditor&#8217;s report: Applies where the company is required to have an audit and does not qualify for an exemption. The amount of information included can differ between micro-entities, small companies and larger businesses. Directors should therefore check which reporting category applies before preparing the final accounts. What Should You Prepare Before Your Company Year End? Good preparation starts with having the company&#8217;s financial records up to date. Gathering the information before the accounts are prepared can also make it easier to identify missing documents. Bank and credit card statements: Collect statements covering the complete accounting period and check that all business accounts are included. Sales records: Gather sales invoices, credit notes, customer balances and details of invoices that remain unpaid. Purchase and expense records: Keep supplier invoices, receipts, business expenses and bills that relate to the financial year. Payroll information: Prepare payroll reports, PAYE records, pension information and details of outstanding staff-related payments. VAT records: Check VAT returns, VAT payments and balances so they agree with the accounting records. Asset and finance information: Gather records for equipment, vehicles, property, loans, finance agreements and other business assets. Having these records ready gives the accountant or person preparing the accounts a clearer picture of the company&#8217;s transactions during the year. What Checks Should You Complete Before Finalising the Accounts? Before the accounts are finalised, the figures should be checked against the company&#8217;s underlying records. These checks can help identify errors that may otherwise carry into the submitted accounts. Reconcile Bank and Payment Accounts Compare the accounting records with bank statements and payment platforms. Investigate unexplained differences rather than carrying them forward. Review Outstanding Customer Balances Check unpaid invoices and confirm that customer balances are correctly recorded at the year-end. Consider whether any debts need further review. Check Supplier and Expense Balances Review unpaid supplier invoices and expenses incurred before the year-end but not yet paid. These may need to be reflected in the accounts for the correct period. Review Director Transactions Check money paid into or taken from the company by directors. Director loan balances should agree with the underlying records. Check VAT and Payroll Balances Compare VAT and payroll records with the accounting system. Differences should be investigated before the accounts are completed. Review Year-End Adjustments Consider items such as accruals, prepayments, depreciation, stock adjustments and bad debts where applicable. These adjustments can affect the figures shown in the final accounts. What Are the Deadlines for Company Year-End Filing? For most private limited companies, the main deadlines should be considered separately because Companies House filing and HMRC tax obligations have different due dates. Requirement Usual deadline Where it is dealt with Annual accounts 9 months after the financial year end Companies House Corporation Tax payment 9 months and 1 day after the end of the Corporation Tax accounting period HMRC Company Tax Return 12 months after the end of the Corporation Tax accounting period HMRC These deadlines can differ in some circumstances, particularly for a company&#8217;s first accounting period or where the company has changed its accounting period. It is therefore important to identify the relevant accounting periods rather than treating every year-end obligation as having one single deadline. How Do You Find Your Company Year-End Date? 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