LIMITED COMPANY ACCOUNTS
Why Choose Sadler Advisory?
Our small business accountants hold a variety of different qualifications, including degrees with the Association of Accounting Technicians (AAT) and the Insitute of Chartered Accountants of England and Wales (ICAEW)
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We are here to complete your annual statutory financial accounts efficiently, but also, acccurately and with due care.
We never leave it to the last minute
When you are a client of ours, we are proactive. We will contact you to start the process to complete the annual statutory financial accounts, so that you always have it completed well in advance of the deadline.
What is required annually?
When you incorporate a Limited Company, it is governed by Companies House. It requires that annual statutory financial accounts are filed with Companies House, and that a digital version of the accounts are filed with HMRC.
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A company's financial year is not the same as the personal income tax year in the UK. The company's financial year-end will be the end of the month in which you incorporate the company. For example, if a company is incorporated on 15 August 2023, the first period of accounts will run 15 August 2023 to 31 August 2024 (a period of slightly greater than 12 months). And each year after than it will run 1 September to 31 August, 1 year.
It is also possible to change the financial year end of your company, or 'Accounting Reference Date', to a time period that better suits your business. Perhaps you want to change the financial year of the company to 1 April to 31 March, so that it better aligns with the personal tax year. Or perhaps you want to change the financial year so that it aligns with other companies you manage.
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We handle the whole annual process for you, from incorporation (where you're a new business) to electronic filing of the accounts with Companies House.
Digital Accounting in the Digital Era
Our clients use cloud-based accounting software. When we onboard new clients, we support them to transition to digital, paper-less accounting. Cloud-based accounting means all records and results of your business are stored digitally and accessible by you and by us.
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This removes the pain of the year-end process, and we use cloud-based software to file your annual statutory financial accounts with Companies House.
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See our range of software and digital solutions
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