─── SPECIALIST MICRO-ENTITY ACCOUNTANTS IN LONDON

First Year Accounts for Limited Company in Oldham, Prepared and Filed With Professional Support

Your company’s first set of statutory accounts sets the pattern for every filing that follows. First Year Accounts for Limited Company in Oldham means taking the accounting records you already hold, turning them into a proper balance sheet and, where applicable, a profit and loss account, checking the figures with you, and delivering the accounts to Companies House where required. Micro Entity Accounts works with newly incorporated and newly trading limited companies through that process — reviewing bank transactions, invoices, expense records and share capital details, confirming which reporting framework applies to your circumstances, and making sure the accounts are consistent with the information already held on the public register. Corporation Tax is handled separately: a CT600 is submitted to HMRC, not to Companies House, and it follows its own rules and timetable, so the two should not be treated as a single piece of work.

🔥 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 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 Micro Company, and How Do They Apply to New Limited Companies in Oldham?

First year accounts are the first set of annual statutory accounts a limited company prepares. They cover the company’s initial accounting period, which generally runs from the date of incorporation to its first accounting reference date, although the period can be shortened or adjusted in certain circumstances. Companies House sets that first accounting reference date, typically the last day of the month in which the first anniversary of incorporation falls, and the accounts filing deadline is then calculated from it. The accounts are usually made up of a balance sheet, a profit and loss account where the applicable framework requires one, and any supporting notes, plus a directors’ report where required. Once prepared and approved by the directors, they are delivered to Companies House where required. Filing accounts is not optional simply because a company is new, and it does not disappear because activity has been limited or trading has not yet started — the position depends on the company’s circumstances and the applicable rules rather than being automatically treated as dormant. A company that meets the eligibility criteria for the relevant accounting period may be able to use the micro-entity framework, which is generally prepared under FRS 105, the financial reporting standard applicable to qualifying entities using that framework. Eligibility is not automatic: it depends on the company’s size and circumstances for the period in question, and where a company does not qualify, small company or full reporting may be needed instead. It is also worth separating the first year accounts from the other obligations that sit alongside them. A Corporation Tax Return such as a CT600 is submitted to HMRC, not Companies House, and the company’s first Corporation Tax accounting period may not be identical to its statutory accounts period. A confirmation statement is a further, separate filing that confirms the information Companies House holds about the company. Completing one of these does not complete the others.

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 Oldham Prepared Correctly From the Start

Most directors approaching their first accounting period are not short of questions — which figures belong in the accounts, what Companies House expects to see, whether the micro-entity framework is the right fit, and how any of it connects to the company’s tax position. Micro Entity Accounts helps newly incorporated and newly trading companies in Oldham work through those questions in order, preparing the statutory accounts from the records you hold, explaining what each figure represents, and supporting the filing with Companies House where required. Whether your records are neatly filed or still sitting in a folder of bank statements and receipts, we will set out clearly what is needed, what it costs, and what falls outside the accounts so nothing gets missed.

─── 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 a company prepares, covering its initial accounting period — normally from the date of incorporation to its first accounting reference date, though the period can differ in certain circumstances. They generally include a balance sheet and, where the applicable reporting framework requires it, a profit and loss account, together with any notes and a directors' report where relevant. The accounts are drawn from the company's accounting records and delivered to Companies House where required. They are not the same thing as a Corporation Tax Return, which is submitted to HMRC.

When are first year accounts due at Companies House?

The date depends on the company's incorporation date and its accounting reference date rather than following one identical rule for every company. Companies House sets the first accounting reference date, generally to the last day of the month in which the first anniversary of incorporation falls, and the filing deadline is calculated from that. Your company's own dates are shown on its Companies House record, and if anything is unclear we can check them with you before work begins.

What information is needed to prepare first year accounts?

Typically bank statements and transaction records, sales and income information, purchase invoices and expense receipts, details of any assets purchased, share capital information, director's loan or other loan activity, and payroll or VAT records where the company is registered for those. Not every company will have all of these — a company with limited activity will have a much shorter list — and part of the preparation work is confirming which records are actually relevant to your circumstances.

Does a limited company in Oldham still have to file accounts if it has not started trading?

In most cases the statutory filing obligations continue even where trading has not begun or activity has been minimal. Whether accounts are prepared on a dormant basis depends on the company's circumstances and the applicable rules; having no significant transactions does not automatically mean the company is dormant for filing purposes. Directors based in Oldham should confirm the position for their own company rather than assuming that nothing needs to be filed during the first period.

Are first year accounts the same as a CT600?

No. Statutory accounts are delivered to Companies House where required, while a CT600 is a Corporation Tax Return submitted to HMRC where the company has a Corporation Tax obligation. The figures in the accounts often inform the tax return, but the two serve different purposes and are filed with different bodies on different timetables. Filing one does not complete the other, and a company's first Corporation Tax accounting period may not match its statutory accounts period.

Can a new limited company file micro-entity accounts?

Some newly incorporated companies do qualify for the micro-entity framework, but it is not automatic and not every low-activity or startup company will meet the criteria. Eligibility is assessed against the applicable requirements for the relevant accounting period. Where a company qualifies, the accounts are usually prepared under FRS 105; where it does not, small company or full reporting may apply instead. Confirming the correct framework early avoids rework later.

Do first year accounts replace the confirmation statement?

No — they are separate obligations. A confirmation statement confirms that the information Companies House holds about the company remains accurate, and a company may need to file one during its first year regardless of its accounts position. Filing statutory accounts does not satisfy the confirmation statement requirement, and filing a confirmation statement does nothing toward the accounts.

What happens if first year accounts are filed late?

Missing the applicable deadline can lead to consequences from Companies House, and the outcome varies depending on how late the accounts are and the company's filing history. Paying any penalty that is issued does not remove the requirement to file the outstanding accounts. If you are already overdue, the practical step is to get the accounts prepared and filed as soon as possible; we can help with that and discuss whether an appeal may be available, although eligibility depends on the circumstances and the applicable rules.