Year-end & Filings

Year-end accounts serve several important purposes for a business.

Year-end accounts provide a comprehensive overview of a company's financial performance over a specific period. Stakeholders, including management, investors, and creditors, use these accounts to assess the company's profitability and financial health.

Companies are required by law to prepare and file year-end accounts with Companies House. This helps ensure transparency and compliance with financial reporting standards and legal requirements.

Year-end accounts form the basis for calculating the company's taxable profits. These accounts are essential for completing corporate tax returns and fulfilling tax obligations.

financial statements help identify areas of strength and weakness, allowing for strategic planning and adjustments.

For companies that distribute dividends to shareholders, year-end accounts play a role in determining the available profits for distribution after accounting for taxes, reserves, and other obligations.

Year-end accounts are critical financial documents that serve multiple purposes, providing insights into a company's financial health, supporting compliance with regulations, and aiding decision-making processes for various stakeholders.

More Information

Accounts

Accountants Online will produce a set of Accounts, which we can produce from bookkeeping records you have, whether this be computerised bookkeeping app, spreadsheets or bank statements.

Corporation Tax

Corporation tax is calculated on the profits of a company, which is the difference between its total revenue and deductible expenses.

Companies are required to submit Corporation Tax returns to HMRC, providing details of their financial activities, profits, and tax calculations.

Accountants Online will put together and submit the company corporation tax return(s).