─── SPECIALIST MICRO-ENTITY ACCOUNTANTS IN LONDON

First Year Accounts for Limited Company in Cleckheaton — Professional Preparation and Companies House Filing Support

Once a company is incorporated, its first set of statutory accounts has to be dealt with properly, and it is rarely as simple as repeating a process from a previous year. Micro Entity Accounts supports directors of newly incorporated and newly trading limited companies in Cleckheaton with First Year Accounts for Limited Company, from reviewing the accounting records and drafting the balance sheet to delivering the accounts to Companies House where required. We also help directors understand how the first accounting period and accounting reference date affect what has to be filed, and whether the company may qualify for the micro-entity framework under FRS 105 or falls into another reporting framework. Alongside this, there are separate obligations to keep in view, including the Corporation Tax Return such as the CT600, which is submitted to HMRC rather than Companies House, and the confirmation statement. Directors stay responsible for the company’s compliance, but professional preparation and filing support takes the guesswork out of the first year.

🔥 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

Find Your Company

Search for your company to continue with the accounting services

Start typing to search for companies...

Results

Years filing UK company accounts

0 +

Micro entity accounts submitted

0 +

Verified Google reviews

0 +

Typical Filing Turnaround

0 Days

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 300 reviews 
    
 
 
 
   
 
 
       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 .
  
 
      Posted on Google  
   
   Mael Leboucher 
 
 
 
 Trustindex verifies that the original source of the review is Google. We worked with a few different accountants before finally settling with Accotax, and we’re really glad we did. Their team is great. Abdul is responsive and easy to reach whenever I have a question, which makes a big difference. They take the time to understand how our business works and what our needs are. They are very knowledgeable, and when they don’t have the answer straight away, they take the time to look into it and get back to us quickly. Anum, who looks after our account on a day-to-day basis, including reconciling invoices and preparing the annual accounts, is amazing. She is professional, efficient, and follows the processes we have put in place together. She's also very quickin getting back to us whenever needed. We’re very happy to work with her and hope to continue doing so for as long as possible. Overall, Accotax has made our accounting experience much smoother and easier. We see them as a long-term partner as our business continues to grow. I would 100% recommend them.
  
 
      Posted on Google  
   
   3rd Hub 
 
 
 
 Trustindex verifies that the original source of the review is Google. Imran provides a very dependable and straightforward accounting service. He is always responsive and professional when managing our accounts. Excellent support.
  
 
      Posted on Google  
   
   Martin Tyrrell 
 
 
 
 Trustindex verifies that the original source of the review is Google. I have really impressed to date with all dealings with Accotax highly enough. From day one, they've made what can often be a complicated and stressful part of running a business feel straightforward and hassle-free. A special mention has to go to Anum, who has been friendly, incredibly responsive, and genuinely cares about providing the best possible service. No question is ever too much trouble, and she consistently goes above and beyond to make sure everything is dealt with efficiently. I wouldn't hesitate to recommend you to anyone looking for an accountant they can genuinely trust.
  
 
      Posted on Google  
   
   Matthew Lyon 
 
 
 
 Trustindex verifies that the original source of the review is Google. Great speedy service and very personable. Anum dealt with my income certificate and did everything quickly and helped me out massively. Very happy with the service provided.

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 Micro Company? Guidance for New Limited Companies in Cleckheaton

First year accounts are the first set of statutory accounts a limited company prepares for its initial accounting period — the period that begins on the date the company was incorporated. Because the company is new, that first period is often longer than twelve months, and Companies House applies different rules to it than to later periods. The company’s accounting reference date is set when it is incorporated, and the length of that first accounting period, together with any change to the accounting reference date, affects what has to be prepared and filed, and by when. Every UK limited company has to prepare accounts, and where required deliver them to Companies House. That requirement exists whether or not the company has started trading and whether or not it has made a profit. Limited activity does not automatically remove the filing obligation, although the reporting position of a company with no significant accounting transactions depends on its circumstances and the applicable rules rather than being automatically described as dormant. Where a company meets the relevant eligibility conditions, it may be able to prepare its accounts under the micro-entity framework using FRS 105, the financial reporting standard that applies to qualifying entities preparing micro-entity accounts. Not every newly incorporated company qualifies, and some companies fall into the small-company regime or need accounts prepared under a fuller framework. Eligibility is assessed against the applicable requirements for the accounting period, so it should be confirmed before the accounts are drafted rather than assumed because the company is new or small. It also helps to keep three obligations separate. First year statutory accounts are delivered to Companies House where required, and they usually include a balance sheet together with a profit and loss account and notes where the applicable framework calls for them. A Corporation Tax Return such as the CT600 is submitted to HMRC where the company has Corporation Tax obligations, and the first Corporation Tax accounting period is not necessarily identical to the statutory accounts period. A confirmation statement is a further, separate filing that keeps the company’s details at Companies House up to date. Completing one of these does not complete the others, and filing accounts with Companies House is not the same as submitting a Corporation Tax Return to HMRC.

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 for Limited Company in Cleckheaton Prepared With Confidence

The first set of accounts tends to raise questions that are hard to answer from guidance alone: how the first accounting period is worked out, which reporting framework applies, what records need to be pulled together and what actually has to be filed. If your company was incorporated recently in Cleckheaton and you are unsure where to start, Micro Entity Accounts can prepare your first year accounts, work through the underlying accounting records with you and handle the Companies House filing where required. It is a sensible way to get the first set of statutory accounts right, understand the deadlines that apply to your company and see clearly what comes next.

─── 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?

First year accounts are the first set of statutory accounts a company prepares for its initial accounting period. They cover the period from the company's incorporation date to its first accounting reference date, and typically include a balance sheet, along with a profit and loss account and notes where the applicable framework requires them. They are a statutory document rather than an optional exercise, and are generally delivered to Companies House where required.

When are first year accounts due?

The due date depends on the company's incorporation date and accounting reference date, so it is not the same for every company. Companies House sets the accounting reference date when a company is incorporated, and the first accounting period normally runs from the incorporation date to that date. The filing deadline is calculated from the end of the relevant accounting period, and the first deadline is generally longer than the deadline that applies to later years. Directors should check the dates shown on their own company's Companies House record rather than rely on a general rule.

What information is needed to prepare first year accounts?

Broadly, the company's accounting records for the period are needed: bank statements and transactions, sales and income records, purchase invoices and business expenses, details of any assets bought, share capital information, director transactions, and any loans or finance arrangements. Where payroll or VAT applies, those records should be included as well. A company with limited activity will have less to provide, but some records will still be required to prepare accurate accounts.

Do newly incorporated companies have to file accounts with Companies House?

Yes. A limited company generally has to prepare accounts and deliver them to Companies House where required, whether or not it has started trading. A newly incorporated company in Cleckheaton with little or no activity may still have a filing obligation, and its reporting position should be considered against its own circumstances. Filing does not become unnecessary simply because the company is new.

Are first year accounts different from the CT600?

They are separate filings. Statutory accounts are prepared for the company and its members and delivered to Companies House where required. A Corporation Tax Return, commonly the CT600, is submitted to HMRC where the company has Corporation Tax obligations. Figures from the accounts often inform the Corporation Tax position, but the two are prepared for different purposes and go to different destinations, and completing one does not complete the other. The first Corporation Tax accounting period and the statutory accounts period are not always the same.

Can a new company qualify for micro-entity accounts?

Some newly incorporated companies do qualify, but not all of them. Micro-entity eligibility depends on meeting the applicable conditions for the relevant accounting period, and qualifying companies may prepare accounts under the micro-entity framework using FRS 105. A company that does not meet the criteria may fall within the small-company regime or need accounts prepared under a fuller framework. Eligibility should be confirmed before the accounts are drafted rather than assumed.

Does filing first year accounts replace the confirmation statement?

No. A confirmation statement is a separate filing that confirms the company's details held at Companies House, such as the registered office, directors and shareholders. First year accounts do not replace it, and filing the accounts does not update that information. Directors should keep the Companies House record current and submit confirmation statements when they fall due.

What happens if first year accounts are filed late?

Filing accounts after the applicable deadline can lead to consequences at Companies House, and the outcome depends on how overdue the accounts are and the rules that apply. Paying any penalty does not remove the requirement to file the outstanding accounts, so the priority is to get them prepared and filed. Appeals against penalties are possible in certain circumstances and depend on the specific reasons involved, so it is worth taking advice on whether a company may be eligible.