Taking care of
At the end of an accounting year, it is important for a business owner to have a clear picture of their annual accounts, allowing them to see profit or loss easily, and to make self-assessment tax returns a more straightforward process. Limited companies, sole traders or partnerships are able to choose a year-end whenever they prefer, although many opt for the tax year since this will make your tax liability as current as possible. For year-end accounts services in London, from organising through to filing with Companies House and offering a useful overview of your business figures, trust us to deliver exactly what you need.
What are year-end accounts?
At your business year-end, it is important to follow the necessary steps to produce accurate accounts that adhere to all the requirements set out by HMRC and Companies House. We will provide you with all the support you need when it comes to meeting these key details.
Preparing for year-end accounts
Important details such as business expenses, paperwork and invoices can be accounted for by us to ensure total accuracy when filing year end accounts. This will provide you with the most detailed picture of your company income and expenses.
HMRC
We can file a company tax return (CT600) for you, detailing income minus expenses so that corporation tax can be calculated. Your statutory accounts will also be submitted, containing an income statement, statement of financial position, and footnotes detailing transactions between the company and its directors.
Companies House
You are also required to file certain details of your accounts with Companies House. We can submit an additional statement of financial position and footnotes, so that they can be published on their website and are available to be viewed by others.
Deadlines
To avoid paying any penalties, it is important to be aware of year-end account deadlines. The deadline for tax returns is 12 months after the end of the accounting period, or 9 months for corporation tax. Annual accounts must be submitted to Companies House within 9 months of your business year-end. We can handle these deadlines on your behalf.
Taking care of small business end of year accounts
If you are a small business rather than a sole trader, you are legally required to file your year-end accounts with HMRC and Companies House. As a limited company, you can reap the benefits of our accountancy services as we take care of all the key details. We apply our years of expertise to make sure all your statutory accounts, statements, and footnotes are in order and filed on time. This will ensure you avoid any possible financial penalties for late or incorrect submissions, or additional penalties such as being struck off from the Companies House register. We will work with your business to ensure accurate year-end accounts and put your mind at ease.
Find out more about your year-end accounts
If you are interested in our year-end accounts service and would like to discuss it further with us, you can call us on 020 8850 0700 or email info@omeraccountants.co.uk. You can also fill in our contact form or arrange a free consultation and we will be in contact with further information for you.
Fixed fees for year-end accounts
When it comes to your year-end accounts, you can always rely on us to provide a reliable and honest service. One of the ways we ensure this is by agreeing all fees with you in advance. Whether its advice on regulations or you want the entire process to be handled for you, we will agree costs beforehand so that you can budget effectively for the next accounting year.
Why choose Omer & Company for your year-end accounts
Expertise
We will use all our knowledge and experience to provide you with the best possible support for your year-end accounts. Your dedicated client manager will get to know your business incomings and outgoings then file your accounts accurately, ensuring all paperwork is correct and regulations are met.
Personalised service
Our team will provide you with a service that is completely unique to you, whether you require advice and support or complete management of your accounts to take the stress off your shoulders. We can provide whatever assistance you need.
Communication
We will always keep in regular contact with you, making sure you receive the advice you need and we can gather accurate information. You will be kept informed of any upcoming deadlines for filing your year-end accounts with HMRC or Companies House.
Flexibility
We always adjust our services to your requirements and make ourselves available to discuss any queries with you in the manner you would prefer. You can visit our Eltham office for a face-to-face meeting, talk to us over the phone, or have a video call to discuss your accounts.
Switching to
Omer & Company
If you already have an existing accountant managing your year-end accounts but you’d like to take advantage of our expertise, we offer a straightforward switch over service so that you can easily start working with us. There are a few easy steps to follow to get started.
Contact Omer & Company
If you would like to discuss our year-end accounts services in more detail or you have any queries about the process, please call 020 8850 0700 or email info@omeraccountants.co.uk to find out how we can help you. We look forward to working with you and your business.
