Year End Accounts in the UK – Accurate, Compliant, and Hassle-Free Submissions

Year End Accounts UK

Year end accounts are a legal requirement for all UK businesses to stay compliant with Companies House and HMRC.

At Count 4 You, we prepare accurate and compliant accounts under FRS 102, FRS 105, and IFRS frameworks. Whether you’re a micro-entity or an international company, we guarantee timely, error-free submissions aligned with legal and financial standards.

What Are Year End Accounts?

Year end accounts, also called statutory accounts, are a legal requirement for UK companies. They summarise your business’s financial performance over the year and are filed with Companies House and HMRC. These include profit and loss statements, balance sheets, and supporting notes.

Who Needs to File Year End Accounts in the UK?

All limited companies in the UK must file annual accounts — including dormant ones.

While sole traders and partnerships don’t submit to Companies House, they still require year-end financial reports for tax planning and HMRC compliance.

FRS 102, FRS 105 and IFRS – What’s the Difference?

Choosing the right financial reporting standard is vital:

**FRS 105** – For micro-entities with turnover under £632,000. Fewer disclosures, simple reporting.
**FRS 102** – For small and medium businesses. Requires detailed disclosures including tax, assets, and fair value accounting.
**IFRS** – Used by large or international companies. Globally recognised standards, in-depth compliance required.

Count 4 You helps you identify the correct framework and ensures full compliance.

Opening balances confirmation with last financial statement.
General Ledger scrutiny and review to ensure accuracy and completeness.
Prepayments and accruals computation for accurate year-end reporting.
Profit and Loss Statement preparation
Balance Sheet preparation
Notes to the accounts as per FRS 102/FRS 105/IFRS
Director’s Report (if required)
Deferred Tax Computation and necessary adjustments.
HMRC Corporation Tax return (CT600) support
Tax Expenses and Tax Liability account reconciliation and preparation of supporting paperwork.
Companies House filing
Preparation of assisting schedules and working sheets related to financial statements.
Advice on improving bookkeeping practices and internal processes for better financial management.
Advice on Compliance risks.

Need Help with Your Year End Accounts?

Book a free consultation with a certified UK accountant. We’ll ensure full compliance and take the stress off your shoulders.

Client Testimonials

Count 4 You made our year-end process painless. They handled everything from tax computations to Companies House filing.

Brilliant support throughout the year-end accounts process. Highly recommend their services.

Frequently Asked Questions about Year-End Accounts UK

What are year-end accounts?

Year-end accounts (also called statutory accounts) summarize your business’s financial activity over the year. They are a legal requirement for limited companies in the UK and are filed with Companies House and HMRC.

Who is required to submit year-end accounts?

All limited companies in the UK, including dormant companies, must file year-end accounts. Sole traders and partnerships don’t file with Companies House but still require financial records for tax reporting.

What happens if I file late?

Late filing can result in financial penalties and potential legal action. Companies House and HMRC impose fines starting from £150 and increasing based on how late the submission is.

What documents are included in year-end accounts?

Typical documents include a profit and loss statement, balance sheet, notes to the accounts, a director’s report (if applicable), and any supporting schedules. These are filed alongside the CT600 if corporation tax is due.

How long does it take to prepare my year-end accounts?

Depending on the complexity of your business, it usually takes 7–14 working days after receiving all relevant documents. We aim for fast, compliant, and accurate submissions.

Can you help with HMRC Corporation Tax filing (CT600)?

Yes, we provide full CT600 preparation and filing alongside your statutory accounts, ensuring your business remains fully compliant with HMRC requirements.

Do I need an accountant to file year-end accounts?

While you can technically file them yourself, having an accountant ensures accuracy, compliance, and avoidance of penalties. It also saves significant time and stress.

What’s the difference between FRS 105, FRS 102, and IFRS?

FRS 105 is for micro-entities, FRS 102 is for small to medium businesses, and IFRS is for larger or international firms. We help you select the right framework based on your business size and structure.

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Let’s Take the Stress Out of Year-End Accounts

Book a free consultation with a UK-qualified accountant.
We’ll ensure full compliance and peace of mind — no jargon, no surprises.