What is included in your end of year accounts service?
Our fixed-fee service includes statutory annual accounts prepared and submitted to Companies House, Corporation Tax return (CT600) prepared and filed with HMRC, iXBRL tagging, and a review by a qualified accountant to ensure accuracy and identify any risks or opportunities. Confirmation Statement filing is available separately for £80.
Do I need to file a confirmation statement too?
Yes. All UK limited companies must file a Confirmation Statement at least once every 12 months to verify company details held at Companies House. We can file it for you for £80, and it is included in the Operate and Grow packages.
What are end of year accounts?
End of year accounts are the official financial statements a UK limited company must prepare at the end of its financial year. They summarise income, expenses, assets, and liabilities. Directors must file them with Companies House, and the figures are used to calculate Corporation Tax payable to HMRC.
When are end of year accounts due?
Private limited companies must file accounts with Companies House within nine months of the financial year end. Corporation Tax is usually due nine months and one day after the year end. The CT600 must be submitted to HMRC within twelve months of the year end.
Can I prepare end of year accounts myself?
Yes, a company director can prepare and file accounts without an accountant. However, you must follow UK accounting standards and file in the correct format. Many directors choose an accountant to reduce the risk of errors and improve tax efficiency.
Are end of year accounts the same as a tax return?
No. Accounts show your company's financial performance and position. The Corporation Tax return (CT600) calculates how much tax you owe based on those figures. Both must be filed separately with the relevant authorities.
Do dormant companies need to file accounts?
Yes. Even if your limited company has not traded, you must still file dormant accounts with Companies House each year. GoForma's dormant company accounts start from £199.
Is this service suitable for dormant companies?
Yes. If your company had no significant transactions during the financial year, it may qualify as dormant. We check eligibility upfront and confirm if you qualify for a reduced fee.
What is included in statutory accounts?
Statutory accounts normally include a balance sheet, a profit and loss account, and notes explaining key figures. Small companies may qualify for simplified reporting. The exact format depends on company size and applicable accounting rules.
How long does it take to prepare accounts?
It depends mainly on the state of your records. Delays typically occur when transactions are missing, dividends are unclear, or director loan accounts need correction.
Can GoForma help if it is my first time filing?
Yes. We support directors filing end of year accounts for the first time and can explain every step of the process.
What happens if I miss the filing deadline?
Filing accounts late with Companies House results in automatic fines starting at £150 for accounts filed up to one month late, rising to £1,500 for accounts more than six months late. A late CT600 to HMRC also incurs penalties and interest. We help you stay ahead of all deadlines.
