─── SPECIALIST MICRO-ENTITY ACCOUNTANTS IN LONDON

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

The first set of statutory accounts is a milestone every newly incorporated company has to deal with, and getting the foundations right matters. Micro Entity Accounts helps limited companies in Stalybridge prepare their First Year Accounts for Limited Company — reviewing the accounting records you have kept, building the balance sheet and profit and loss account where applicable, and delivering the accounts to Companies House where the company is required to file. Corporation Tax is handled separately: a CT600 and any supporting computations go to HMRC, not Companies House, and the accounting period for tax does not always match the statutory accounts period. Our role is to prepare accurate first-year statutory accounts, explain what the figures show, and make sure the filing side of the process is dealt with properly and on time.

🔥 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 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, and How Do They Work for a New Limited Company?

First year accounts are the first set of statutory accounts a limited company prepares for its initial accounting period — the period that runs from the date of incorporation to the company’s first accounting reference date. That first period is often longer or shorter than twelve months, which is one reason the figures can look unfamiliar to a director seeing them for the first time. Every limited company is required to keep adequate accounting records and prepare annual accounts, and that obligation starts with the first accounting period rather than waiting until the company has been trading for a full year. Preparing first-year accounts normally means taking the records the company has kept — bank transactions, sales and income records, business expenses, purchase invoices, asset purchases, director transactions, share capital information, loans and finance, plus payroll or VAT records where applicable — and turning them into a coherent set of accounts. Depending on the reporting framework used, that set will usually include a balance sheet and, where required, a profit and loss account, together with any notes and the directors’ responsibilities statement. Once the directors have approved the accounts, they are generally delivered to Companies House where filing is required, and that first set has to meet the same legal standard as any later year. Some newly incorporated companies in Stalybridge may be eligible to report as micro-entities. FRS 105 is the financial reporting standard applicable to qualifying entities using the micro-entity accounting framework, but eligibility depends on the company meeting the applicable conditions for the relevant accounting period and should never be assumed. A company that does not qualify may instead prepare accounts under the small company framework or full reporting standards. It also helps to keep three separate obligations apart. First year statutory accounts are delivered to Companies House. A Corporation Tax Return, such as a CT600, is submitted to HMRC and relates to a Corporation Tax accounting period that may not be identical to the statutory accounts period. A confirmation statement is another separate Companies House filing and is not replaced by filing accounts. Submitting first-year accounts does not, on its own, settle the company’s Corporation Tax, VAT or confirmation statement responsibilities.

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.

First Year Accounts for Limited Company in Stalybridge — Get the Preparation Right From the Start

Newly incorporated companies in Stalybridge often reach their first accounting reference date with more questions than answers: which reporting framework applies, what the accounts should actually include, whether a CT600 is also required, and what genuinely has to be sent to Companies House. Micro Entity Accounts can take that off your desk by preparing your first-year statutory accounts from the records you have, explaining what the figures mean, and handling the Companies House filing where the company is required to file. Directors remain responsible for the company’s compliance either way, but there is no need to work it out alone. If you would rather start your company’s filing history on a firm footing than guess at it, professional support with your First Year Accounts for Limited Company is a sensible place to begin.

─── 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 statutory annual accounts a limited company prepares, covering the period from incorporation to the company's first accounting reference date. They normally include a balance sheet and, where the applicable framework requires it, a profit and loss account, along with any notes and the directors' statement. Once approved by the directors, they are generally filed with Companies House where filing is required.

When are first year accounts due?

The due date depends on the company's incorporation date and its accounting reference date, so it is not the same for every company. Because the first accounting period often runs for more than twelve months, the filing window for a first set of accounts usually differs from later years, and Companies House records the specific deadline for each company. We can confirm the deadline that applies to your company once we know its incorporation and period end dates.

What information is needed to prepare first year accounts?

It varies with the company's activity, but it typically helps to have bank statements and transaction records, sales and income details, business expense and purchase invoices, asset purchases, director transactions and loans, share capital information, and payroll or VAT records where those apply. If the company had very little activity, that is still useful information — it just changes the starting point for preparing the accounts.

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

Where accounts filing is required, yes — a limited company has statutory accounts and filing obligations from its first accounting period, and those obligations are not optional simply because the company is new or has traded only briefly. If the company has had no significant accounting transactions, the reporting position depends on its specific circumstances and the applicable rules rather than being automatically treated as dormant. It is worth checking the position before assuming nothing needs to be filed.

Are first year accounts the same as a CT600?

No. First year statutory accounts are prepared for the company's members and filed with Companies House where required. A Corporation Tax Return, such as a CT600, is submitted to HMRC and deals with the company's Corporation Tax position. The two are connected — the accounting figures often feed into the tax computations — but they serve different purposes, go to different authorities, and can cover accounting periods that are not identical.

Does filing first year accounts replace the confirmation statement?

No, they are entirely separate filings. A confirmation statement deals with the company's registered details at Companies House, while statutory accounts report the financial position and results for the accounting period. Filing first-year accounts does not remove the need to keep the company's Companies House information up to date or to file a confirmation statement where one is due.

Can a new limited company in Stalybridge qualify for micro-entity accounts?

Some newly incorporated companies may qualify as micro-entities, but eligibility is not automatic and does not follow from simply being new or having a low turnover. Qualification depends on meeting the applicable conditions for the relevant accounting period. FRS 105 is the standard that applies to qualifying entities using the micro-entity framework; a company that does not meet the conditions may prepare accounts under the small company framework or full standards instead.

What happens if first year accounts are filed late?

Late filing of required accounts can lead to Companies House consequences, and those consequences can become more significant the longer the accounts remain outstanding. Paying a penalty does not remove the underlying requirement to prepare and file the accounts, and appealing a penalty depends on the circumstances and the applicable rules. If your first-year accounts are already overdue, the practical step is to get the records in order and file as soon as the accounts are ready.