─── SPECIALIST MICRO-ENTITY ACCOUNTANTS IN LONDON

First Year Accounts for Limited Company in Altrincham, Prepared and Filed With Confidence

Your company’s first set of statutory accounts sets the tone for every filing that follows, so getting them right matters. Micro Entity Accounts works with newly incorporated and newly trading limited companies in Altrincham to prepare first year statutory accounts from accurate accounting records, review the figures with you, and deliver them to Companies House where required. If your company also has Corporation Tax obligations, we can help you understand how a CT600 fits alongside the accounts — a separate submission to HMRC, prepared from the same underlying records but filed for a different purpose and to a different authority. Whether you are trading, preparing to trade or unsure which reporting framework your company qualifies for, the starting point is a clear review of your position and a straightforward explanation of what needs to happen next.

🔥 SAVE £100.00

First Year Accounts Preparation

(Turnover up to £100K)

£499.00

£399.00

+vat

Micro-Entity Accounts Preparation
Companies House Filing
Corporation Tax Return
Qualified Accountant Support
FRS 105 Accounts
Experienced Accountants

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Trusted by Micro-Entity Businesses Across the UK

From newly incorporated companies to established owner-managed businesses, our clients trust us to prepare their accounts accurately and handle their annual filing requirements.

      EXCELLENT  
   Based on 302 reviews 
    
 
 
 
   
 
 
       Posted on Google  
   
   Ayotunde Rufai 
 
 
 
 Trustindex verifies that the original source of the review is Google. Best accountants we've ever had. Umer is ace, and makes everything easy and transparent.
  
 
      Posted on Google  
   
   Sofia 
 
 
 
 Trustindex verifies that the original source of the review is Google. I had a really positive experience with Muhammad. He was incredibly quick to action everything and made the whole process straightforward and stress-free. He took care of everything promptly and kept me informed throughout, which was greatly appreciated.

Muhammad was professional, responsive and genuinely helpful from start to finish. It was clear that he cared about providing a great service and making sure everything was handled properly. I would definitely recommend him to anyone looking for someone reliable, efficient and professional.
  
 
      Posted on Google  
   
   Zest For Life 
 
 
 
 Trustindex verifies that the original source of the review is Google. I worked with Accotx on a HMRC reclaim and overall, they did ultimately deliver on their promise, which I appreciate. The process did take longer than any of us expected, partly due to external delays with the tax authorities, and partly because there were some hiccups in communication and follow-up. However, despite those challenges, they stayed professional and stuck to the original agreed terms. If you’re considering using them, be prepared to stay in regular contact to keep things moving along. They are absolutely capable, have the expertise and willing to work with you, and overall  improving their services over time. I would certainly return for any future needs.
  
 
      Posted on Google  
   
   Pete Wrist 
 
 
 
 Trustindex verifies that the original source of the review is Google. Sterling work. Many thanks to Muhammad and the team for all their help and expertise
  
 
      Posted on Google  
   
   Hansen Personal Training 
 
 
 
 Trustindex verifies that the original source of the review is Google. We have been a client for years - very quick responsive and personalised service
  
 
      Posted on Google  
   
   Jamie Fletcher 
 
 
 
 Trustindex verifies that the original source of the review is Google. It was a pleasure working with Anum on our accounts. The whole process was swift and effortless, and it was one less thing to worry about. I'd highly recommend them.
  
 
      Posted on Google  
   
   Mansur Liman 
 
 
 
 Trustindex verifies that the original source of the review is Google. Accotax have been our accountants for many years now. We maintained them, because of their professionalism. In the last coiple of years, i have working with Imran, who has been very professional and helpful in guiding us through the whole process explaining and clarifying every aspect of it. Very prompt in responding to questions and patient with us even when we seem to be slow. I really enjoy working with him. Thank you
  
 
      Posted on Google  
   
   Muna Mohamoud 
 
 
 
 Trustindex verifies that the original source of the review is Google. I highly recommend Imran to anyone looking for a reliable and knowledgeable accountant. He helped me sort out a very complicated backlog of accounts and prepared my overdue tax returns with professionalism and attention to detail.

Throughout the process, he was incredibly patient, took the time to answer all of my questions, and explained everything clearly. He guided me through each step and helped rectify issues that had built up over time, making what felt like an overwhelming situation much more manageable.

I'm very pleased with the service I've received and truly appreciate his support. If you need help with your accounts or taxes, I would highly recommend Imran.
  
 
      Posted on Google  
   
   Sergey M 
 
 
 
 Trustindex verifies that the original source of the review is Google. I had a positive experience with Accotax. The work was completed promptly, my tax return was successfully filed, and I received a refund of overpaid tax. I found the cooperation efficient and helpful. Special thanks to Muhammad Saifullah for his assistance.
  
 
      Posted on Google  
   
   Ebba Qureshi 
 
 
 
 Trustindex verifies that the original source of the review is Google. Fabulous team at ACCOTAX - very efficient and good response time . Honest and professional with their work. I would highly recommend them even if you’re a young start up - or a large business they have it covered .

Your first filing timeline

Incorporation

Your first filing timeline depends on your company's incorporation date and accounting reference date.

Accounting reference date

Set by default to the last day of the month of incorporation, one year on.

First accounts due

Normally 21 months after incorporation at Companies House.

First CT600 due

12 months after the end of the accounting period, with tax due earlier.

What Are First Year Accounts for a Limited Company, and When Might Micro-Entity Reporting Apply?

First year accounts are the first set of annual statutory accounts a limited company prepares for its initial accounting period, covering the period from incorporation (or from the date it began trading, depending on the circumstances) through to its first accounting reference date. Every limited company is expected to prepare accounts and, in most cases, deliver them to Companies House. This obligation does not disappear simply because the company is new, has only recently been incorporated, has seen limited activity, or has not yet started trading — although what needs to be reported will depend on the company’s specific circumstances. The first accounting period is usually shaped by the company’s incorporation date and its accounting reference date. That first period is often longer or shorter than a standard 12-month period, which is one reason first year accounts can look different from the annual accounts a company files later on. Once the initial period has been reported, subsequent accounting periods generally follow a more predictable pattern. Some newly incorporated companies may qualify for simplified reporting as micro-entities, and FRS 105 is the financial reporting standard applicable to qualifying entities using the micro-entity accounting framework. Qualification is not automatic and does not follow from being new, small or having low activity alone — eligibility depends on the company meeting the applicable requirements for the relevant accounting period. Where a company does not qualify as a micro-entity, it may fall within the small company framework or need to report under a different framework entirely. The right approach should be determined by the company’s own circumstances rather than assumed. It is also worth keeping the main compliance tasks clearly separated. First year statutory accounts are prepared under the applicable accounting framework and delivered to Companies House where required. A Corporation Tax Return, such as a CT600, is submitted separately to HMRC where the company has Corporation Tax obligations, and the company’s first Corporation Tax accounting period is not always identical to its statutory accounts period. A confirmation statement is a further, separate filing that keeps the company’s public record up to date. Completing one of these does not complete the others. A typical set of first year statutory accounts includes a balance sheet and, where applicable, a profit and loss account or the abbreviated disclosures permitted under the relevant framework, alongside any notes required. Directors remain responsible for ensuring the company meets its statutory obligations, even when an accountant is engaged to help prepare and file the accounts. For directors in Altrincham working through their first reporting cycle, professional support is largely about knowing which framework applies, which figures belong in the accounts, and which filing goes where.

Does Your New Company Qualify as a Micro Entity?

Even in your first period, your company must meet the Companies House size criteria to file micro-entity accounts. A company generally needs to meet at least two of these three conditions.

Business Turnover

Annual Turnover of £1 Million or less. (£632,000 previously)

Balance Sheet

Balance sheet total of £500,000 or less.(£316,000 previously)

Company Size

On an average 10 or less employees (10 or less previously)

─── OUR FIRST YEAR SERVICES

What's Included in Our First Year Accounts Service?

Our first-year accounts package can include statutory accounts preparation, Companies House filing and Corporation Tax Return preparation where included in the selected package.

First Year Accounts Preparation

Preparation of your first set of statutory accounts under the micro-entity reporting framework, from incorporation to your first year end.

First Accounting Period Review

Review of extended first accounting periods and any separate Corporation Tax return periods where applicable.

Companies House Filing

We prepare and submit your first statutory accounts to Companies House within the filing window.

First Corporation Tax Return (CT600)

Preparation of your first Company Tax Return and supporting computations for HMRC.

Opening Balances & Set-Up Costs

We record pre-trading expenses, director loans and share capital correctly in your opening balance sheet.

─── WHY CHOOSE US

Why Choose Us

Micro Entity Accountants keep micro-entity accounts straightforward, transparent and easy to manage for busy company directors.

FRS 105 Specialists

The micro-entities regime is all we do, so your accounts are prepared to the right standard first time.

Paperless Onboarding

Get set up in minutes with a fully digital, secure process — no printing, posting or office visits.

Deadline Management

We track your Companies House and HMRC deadlines and prompt you early so late filing penalties are avoided.

Fixed Fee, No Surprises

One transparent fixed fee covers preparation, the tax return and both filings. No hourly billing.

Included in every first year file

Confirmation of your accounting reference date

Split Corporation Tax Returns where the period exceeds 12 months

Pre-trading and formation costs reviewed

Share capital and director loan account set up

Companies House and HMRC submission receipts

─── How It Works

How Our First Year Accounts Filing Service Works

Share Your Company Details

Send us your incorporation date, accounting reference date, bank statements and any pre-trading costs through our secure portal.

First Accounts & Tax Return Prep

We build your opening balances, prepare your micro-entity accounts and your first CT600 Corporation Tax Return.

Review & Approval of Drafts

You receive draft accounts with plain-English explanations of what has been included and why, ready for director approval.

Submit to HMRC & Companies House

We file your first accounts with Companies House and your CT600 with HMRC, then confirm both submissions.

─── Why Choose Us

Why Choose Us for Your First Year Accounts?

We keep a first filing simple, transparent and easy to manage for directors doing it for the first time.

Paperless Onboarding

Get your new company set up on a fully digital, secure accounting process in minutes.

First-Year Compliance Support

We help you understand the accounting period, records and filing requirements that apply to your company's first accounts.

Fully Qualified Accountants

All work is handled by UK-qualified accountants who specialise in micro companies.

Fixed Fee, No Hidden Costs

One simple fee covering your first accounts preparation and both filings.

─── WHO WE HELP

First Year Accounts Support for Micro Companies Across the UK

Newly Incorporated Companies

Companies formed in the last 12 to 18 months filing their very first set of accounts.

First-Time Directors

Directors who have never filed statutory accounts and want the process explained clearly.

Newly Incorporated Limited Companies

Small companies with limited first-year trading, including those that stayed dormant part of the period.

Get Your First Year Accounts in Altrincham Prepared Properly From the Start

The first reporting cycle is usually the one that raises the most questions — what period do the accounts cover, which records do you need to pull together, does the company qualify as a micro-entity, and what actually goes to Companies House. Understandably, many directors only realise partway through that a Corporation Tax Return is a separate submission to HMRC, or that accounts filing and confirmation statements are unrelated obligations. Micro Entity Accounts helps newly incorporated limited companies in Altrincham work through those questions in order, prepare first year statutory accounts from your accounting records, and file them with Companies House where required. If you would rather have the first set of accounts prepared accurately than spend your time working out the rules, professional first year accounts support is a sensible place to start.

─── FAQs

First Year Accounts FAQs

Still unsure where you stand? Reach out to our UK team at info@microentityaccounts.co.uk and we will review your filing history with you.

What are first year accounts for a limited company?

They are the first set of annual statutory accounts your company prepares for its initial accounting period — the period beginning at incorporation or when trading started, running through to your first accounting reference date. They typically include a balance sheet and, where applicable, a profit and loss account or the disclosures permitted under the relevant reporting framework, together with any required notes. They are usually delivered to Companies House where required.

When are first accounts due?

The deadline depends on your company's incorporation date and accounting reference date, and Companies House applies specific rules to first accounts that differ from later filings. Because the first period is often longer or shorter than a normal year, it is worth confirming your company's own filing date rather than assuming it matches a standard annual cycle. We can review your company's dates and explain what applies to it.

What information is needed to prepare first year accounts?

It generally depends on what the company has done. Typical items include bank transactions, sales and income records, business expenses, purchase invoices, asset purchases, share capital details, director transactions and any loans or finance arrangements. Where the company runs payroll or is VAT registered, those records may also be relevant. You do not need every category — only those that reflect your company's actual activity.

Do new limited companies have to file accounts with Companies House?

In most cases, yes. Incorporation brings statutory accounts obligations, and a newly incorporated company is generally expected to prepare accounts and deliver them to Companies House where required. This remains the case even if the company has had limited activity or has not yet begun trading, although the reporting position depends on the company's specific circumstances rather than being treated as dormant automatically.

Are first year accounts different from annual accounts?

They follow the same core principles but are prepared for the company's initial accounting period, which may be longer or shorter than the 12-month periods used afterwards. That can affect what appears in the accounts and how comparatives are presented. From the second period onwards, the reporting cycle usually becomes more consistent. Directors in Altrincham often find the first set the least familiar simply because there is nothing to compare it against.

Do first year accounts need to be filed if the company has not traded?

A lack of trading does not automatically remove the company's filing obligations. Even where there has been little or no activity, the company may still need to prepare and file accounts, and its reporting position should be assessed on the facts rather than assumed to be dormant. The correct treatment depends on whether any transactions have taken place and on the applicable rules for that period.

Are first year accounts the same as a CT600?

No. First year statutory accounts are prepared under the applicable accounting framework and delivered to Companies House where required. A Corporation Tax Return, such as a CT600, is submitted separately to HMRC where the company has Corporation Tax obligations. The figures in your accounts may inform the tax position, but the two filings have different purposes and go to different authorities — completing one does not complete the other.

Can a new company qualify for micro-entity accounts?

Some newly incorporated companies do qualify, but it is not automatic and does not follow simply from being new, small or having low turnover. Eligibility depends on meeting the applicable requirements for the relevant accounting period, and where a company does not qualify it may fall within the small company framework or another framework. FRS 105 applies to qualifying entities using the micro-entity framework, so the appropriate basis should be confirmed for your company's circumstances.