Well Done! Your Bookkeeping's Ready For Our Fixed Fee Year End Accounts Filing Service

We check your bookkeeping figures, prepare statutory accounts & calculate corporation tax. We then upload online for your approval before we submit your company accounts to both Companies House & HMRC along with your corporation tax return form CT600.

Small Company Accounts £299

If you're lucky enough to have a company with Annual Sales up to £30k & Gross Assets up to £100k then this is the one for you! Average turnaround is 7–14 days.

Medium Company Accounts £499

No problem, you're a little larger and have a business with Annual Sales up to £100k & Gross Assets up to £250k, we can still do you a good deal!

Large Company Accounts £699

Congratulations, you have a company with Annual Sales up to £250k & Gross Assets up to £500k. If your business is larger please contact us for a quote.

Tiered Pricing Based on Greater of Company Sales & Gross Assets

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£299 +vat

Small Company Accounts

  • Sales up to £30k & Assets up to £100k
  • Includes Everything Needed to Fulfil your Statutory Filing Obligations
  • Accounts Comply to FRS 105 Micro-Entity or FRS 102 Small Entities Regime
  • iXBRL Accounts Filed to Companies House
  • Corporation Tax Calculated & CT600 Return Filed to HMRC
  • Includes Review of your Bookkeeping
  • Average Turnaround 7–14 days
£699 +vat

Large Company Accounts

  • Sales up to £250k & Assets up to £500k
  • Includes Everything Needed to Fulfil your Statutory Filing Obligations
  • Average Turnaround 7–14 days
  • Includes Review of your Bookkeeping
  • Corporation Tax Calculated & CT600 Return Filed to HMRC
  • iXBRL Accounts Filed to Companies House
  • Accounts Comply to FRS 105 Micro-Entity or FRS 102 Small Entities Regime

New Filing Requirements for Company Accounts: What You Need to Know

Companies House is implementing significant changes to how businesses file their annual accounts. These changes are part of broader reforms introduced under the Economic Crime and Corporate Transparency Bill, aimed at enhancing transparency, reducing fraud, and improving the quality of information in the public register. Here’s a breakdown of the new filing requirements for company accounts, how it affects different types of businesses, and steps to ensure compliance.

Key Changes to Company Account Filing Requirements

The new filing requirements can be divided into two main changes:

    Mandatory Use of Software for Filing
    Companies will no longer be able to file their accounts manually or use the previous online services such as the CATO (Company Accounts and Tax Online) or Companies House WebFiling. Instead, all businesses must file their accounts using approved accounting software. This includes both large corporations and smaller businesses.

    Profit and Loss Accounts for Small Businesses
    Previously, small companies, including micro-entities, were not’t required to file their profit and loss accounts. However, under the new rules, all small businesses will need to submit their profit and loss accounts to Companies House. Additionally, abridged accounts will no longer be accepted as part of Companies House’s effort to streamline filing processes and standardise accounting records.

Why Are These Changes Happening?

The shift to software-only filing and the requirement for small businesses to submit profit and loss accounts stems from a need to combat economic crime and fraud. By ensuring that more comprehensive financial details are publicly available, these changes will help:

    Increase transparency: Small businesses will be required to disclose more detailed financial information, such as their profit and loss accounts, giving consumers and creditors better insight into their financial health.
    Reduce fraud: By closing loopholes in the current system, these reforms will help prevent fraudsters from creating misleading financial reports.
    Streamline the filing process: Requiring software for filings will reduce human error and improve accuracy in the public register.

Who Will Be Affected by the Changes?

The new filing requirements will affect a wide range of company types, including:

    Dormant Companies
    Micro Entities
    Small Companies
    Large Companies
    Community Interest Companies (CICs)

While many of these companies already use software to file accounts, soon all businesses will be required to do so. Companies House is also working on solutions for types of businesses that currently don’t have access to software-based filing options.

When Will the Changes Take Effect?

Although the exact timeline for these changes is yet to be confirmed, Companies House has assured businesses that they will have ample time to adjust before the new rules become mandatory. To stay updated on the timeline and further details, businesses can sign up for email notifications from Companies House about the ongoing reforms.

What Happens if You Don’t Comply?

Failure to comply with the new software filing requirements will result in the inability to submit your annual accounts to Companies House. While specific penalties for non-compliance have not yet been confirmed, businesses are likely to continue facing the existing late filing penalties for any delayed submissions. It’s crucial for all businesses to transition to software-based filing well before the deadline to avoid penalties.

How to Comply with the New Filing Requirements

To comply with the new company filing rules, businesses must use approved software to submit their accounts. Luckily, The Online Accountants provides an easy solution for businesses of all sizes, ensuring seamless integration with Companies House.

    The Online Accountants will submit your annual accounts directly to Companies House from our own compliant platform.

By using our online accounts filing service, businesses can stay compliant with the new rules, avoid penalties, and streamline their accounting processes.

Final Thoughts

As Companies House prepares for these important changes, it’s vital for businesses to understand the new filing requirements and take steps to comply. Transitioning to software-based filing and submitting profit and loss accounts will not only help reduce fraud and improve transparency but will also ensure your company stays in good standing with Companies House.

For more information, check out the Companies House guidance on the latest UK company filing requirements and stay updated on upcoming reforms.

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1. All Bookkeeping Software Supported

We can work with all bookkeeping software including Xero, QuickBooks, Sage, FreeAgent, QuickFile, Zoho, FreshBooks, Wave, Kashflow, ClearBooks and many more. Most of these accountancy packages have a feature to invite us as your accountants to access your records. If your not sure how, don't worry, we will explain how to do this after your order has been placed. We can also work with bookkeeping completed on spreadsheets or simply manual income and expense summaries for the year with perhaps an explanation of the figures provided.

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2. Year End Accounts

Starting from £299 one off annual fee, our limited company accounts filing service includes preparation and filing of statutory accounts with Companies House. We will ensure the registrar accounts available for public inspection contain the minimum amount of information required, normally just a balance sheet, so that competitors or anyone else cannot see your profit or loss summary for the year. Full accounts will of course be sent to HMRC.

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3. Corporation Tax

We will calculate your corporation tax and file your Corporation Tax Return Form CT600 online to HMRC. We will also ensure that all claims for capital allowances and other tax or loss reliefs are made on your behalf. Included in our accountants fee is an annual tax saving review of the company accounts with regard to dividend strategy and profit extraction.

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4. Money back guarantee

We're confident that you'll be pleased with our year end accounts filing service. If for any reason we can not satisfy you we offer a no questions asked Money Back Guarantee before your approval and filing of any accounts.

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5. Reviews 5 ***** Rated Accountants

See what our clients have to say! Real reviews left by real clients on the independent accountants review website. Are you tired of being overcharged for your year end accounts? Our limited company year end accounts filing service is priced fairly according to your companies sales. We're so confident that you'll be satisfied with our service that we offer a 30 day money back guarantee! Before ordering online elsewhere, beware. Anyone can call themselves an 'Accountant', the use of the term is not protected in UK law. Please check their credentials and authorising body. We are fully qualified Chartered Certified Accountants. Our official firm listing can be viewed on the ACCA website.

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6. Order process

Our Companies House Filing Accounts Service can be ordered instantly by selecting your businesses sales and asset criteria from our three tier listed prices. We also offer bespoke quotes for larger companies but you will need to request this by contacting us. Average turnaround time is between 7–14 days. If accounts are required within 7 days, for example because your filing deadline is imminent or you need the accounts for a mortgage application, please ask us to provide a fee proposal along with a guaranteed completion due date.

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Fixed Fee Criteria

Don't meet our sales or asset criteria? We offer larger companies competitive fees also. Please contact us for a quote.

500k

Maximum Assets

250k

Maximum Sales

299£

Minimum Price

699£

Maximum Price

Filing with Companies House

Submitting company accounts in the UK is a crucial aspect of running a business. It involves the process of submitting financial statements to Companies House, the government agency responsible for registering and storing company information. These financial statements provide a comprehensive overview of a company's financial performance, including its income, expenses, assets, and liabilities.

One of the main reasons for filing company accounts is to provide transparency and accountability to stakeholders, such as shareholders, investors, and creditors. It allows these parties to assess the financial health of the company and make informed decisions. Additionally, filing company accounts is a legal requirement in the UK, and failure to do so can result in fines and other penalties.

There are various types of company accounts that may need to be filed, depending on the size and nature of the business. For example, small and medium-sized companies may be required to file abbreviated accounts, which contain a simplified version of the full accounts. Larger companies, on the other hand, may need to file full accounts, which provide a more detailed financial snapshot of the business.

The process of placing annual accounts on the Companies House Register for public inspection begins with the preparation of the financial statements for the accounting period. This involves collecting and organising financial data, such as invoices, receipts, and bank statements, and entering it into a set of standardised financial statements. These will normally include a profit and loss account detailing income and running costs. The financial statements are then reviewed and audited by a professional accountant to ensure their accuracy and completeness.

Once the financial statements are finalised, companies must file to Companies House within a specified time frame, typically within nine months of the end of the financial year. This can be done online using the authentication code and the company tax return must be file online to HMRC. Small companies have different types of accounts formats they can use.

Filing accounts to Companies House can be a complex and time-consuming process, but it is essential for the smooth operation and success of any business in the UK. By staying on top of your company's financial reporting obligations, you can ensure that your business remains compliant and transparent, and that you are in a strong position to make informed business decisions.