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Accounts

Year end accounts prepared carefully, explained clearly and filed on time.

Accounts

Year end accounts that do more than satisfy a filing obligation

Year end accounts prepared carefully, explained clearly and filed on time.

Statutory accounts are a legal requirement, but they should still be useful. We prepare accurate year end accounts, explain the key numbers, identify planning points for the year ahead and manage Companies House and HMRC deadlines without a last minute rush.

  • Statutory accounts prepared under FRS 102 or FRS 105 as appropriate.
  • Corporation tax computation and CT600 filed alongside the accounts.
  • Companies House and HMRC deadlines monitored and met without last minute pressure.
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Accounts — Crestfield Advisory

Our approach

How we deliver accounts

01

Pre year end planning

We meet or speak before your year end to identify planning points, dividend decisions, asset purchases or transactions that should be made before the year closes. This is when planning has value not after the year ends.

02

Accounts preparation and computation

We prepare statutory accounts from the records you provide, calculate the corporation tax liability, review the year for any issues and ensure the accounting treatment is accurate and appropriate for the period.

03

Review, filing and forward planning

We talk through the key numbers, file the accounts and tax return ahead of Companies House and HMRC deadlines, and confirm any planning points for the year ahead.

Who this is for

Businesses and individuals that need

01

Limited companies of all sizes

From first year startups to established SMEs requiring accurate statutory accounts under FRS 102 or FRS 105 with corporation tax computed and filed correctly.

02

Director shareholders

Where the accounts connect to personal tax planning, dividend decisions and the overall tax position of the individual behind the company.

03

Businesses with late or overdue accounts

Where Companies House deadlines are approaching or have passed, or where previous accounts contain errors that need to be corrected.

Client feedback

“Accounts delivered six weeks before the deadline with a clear summary of the numbers and three planning points for the year ahead. Exactly what we needed.”

Client review Consultancy business, Hampshire

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Common questions

Frequently asked questions

When should we send our records across?

Ideally two to three months after your year end date. Sending records promptly gives us time to prepare accounts carefully, ask questions without pressure and file well before any deadlines. We send a records request shortly after your year end to help you gather what we need.

What if our records are not in good shape?

We deal with incomplete or disorganised records regularly. We will tell you what is missing, ask for specific items and use what is available to prepare the best accounts possible. We will also point out what needs to improve for next year.

What is the difference between statutory and management accounts?

Statutory accounts are the formal year end accounts filed with Companies House and used to calculate the tax liability. Management accounts are more frequent, more detailed and designed to support business decisions throughout the year. We provide both, but they serve different purposes.

Can we take a dividend during the year?

Yes, provided the company has sufficient distributable reserves. We advise on the right level of dividend in the context of your overall tax position the company tax liability, your personal income and the interaction with any salary you take. This is one of the key planning conversations we have at the pre year end meeting.

Ready to take the next step?

Book an introductory meeting to discuss your accounts needs with a specialist.

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