─── SPECIALIST MICRO-ENTITY ACCOUNTANTS IN LONDON

First Year Accounts for Limited Company in Wirral, Prepared and Filed With Clarity

Incorporating a company brings statutory reporting duties, and the first set of annual accounts is often the one directors have least experience of. Micro Entity Accounts provides practical support with First Year Accounts for Limited Company requirements in Wirral — preparing statutory accounts from the accounting records you hold, including a balance sheet and, where applicable, a profit and loss account, and filing them with Companies House where required. We review your records first and tell you what is missing before preparation begins. Corporation Tax is handled separately: a CT600 is submitted to HMRC where applicable, and filing your accounts at Companies House does not do that for you. The aim is a first-year process that is clear, structured and properly documented.

🔥 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, and Why Do Wirral Directors Need Them?

First year accounts are the first set of statutory accounts a limited company prepares for its initial accounting period. For statutory accounts purposes, that period generally runs from the date of incorporation to the company’s first accounting reference date, although the length of the period and the resulting filing date vary from company to company depending on the incorporation date and the details held at Companies House. The accounts normally include a balance sheet and, where applicable, a profit and loss account or income statement, plus the notes and disclosures required by the reporting framework the company uses. They are required because every limited company has statutory reporting obligations under company law, and those obligations are not switched off simply because the company is new or has had limited activity. The accounts are delivered to Companies House where required. Companies House does not prepare the accounts, does not check how they were prepared professionally and does not approve them; it receives and records the filing. Some companies qualify to report under the micro-entity framework, which is set out in FRS 105, but eligibility depends on meeting the applicable conditions for the relevant accounting period and is not automatic for new companies. Where a company does not qualify, small-company or full reporting may apply instead. It is also worth separating the three main obligations. First year statutory accounts are not a Corporation Tax Return, and a CT600 is submitted to HMRC rather than Companies House. A confirmation statement is a separate filing again, confirming that the information on the register is up to date, and it does not replace the accounts.

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 Wirral Prepared on the Right Basis

Many directors of newly incorporated companies put off their first accounts because they are unsure what is required, how much detail is needed or whether their records are complete enough to start. Micro Entity Accounts can remove that uncertainty by reviewing your accounting records, confirming the reporting framework that applies to your company and preparing your First Year Accounts for Limited Company requirements ready for filing with Companies House where required — with Corporation Tax treated separately as an HMRC matter. If you are running a company in Wirral and want your first statutory accounts handled through a straightforward, fixed-fee process with clear pricing and no hidden costs, get in touch and we will set out exactly what is needed from you.

─── 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 accounts a limited company produces for its initial accounting period. They typically include a balance sheet and, where applicable, a profit and loss account, together with the notes and disclosures required by the reporting framework the company uses. The figures come from the company's accounting records, and the finished accounts are delivered to Companies House where required. They are not a confirmation statement, and they are not a Corporation Tax Return.

When do first year accounts need to be filed?

The deadline depends on the company's incorporation date and its accounting reference date, which is why it is not identical for every company. The first accounts filing date is generally calculated differently from later years, so directors should check the specific date that applies to their own company rather than assuming it matches another company's. If you are unsure what applies to you, we can review your incorporation details and confirm the position.

What information do I need to provide to prepare first year accounts?

Usually the records the company should already be keeping: bank statements and transaction listings, sales invoices and other income records, purchase invoices and receipts, details of asset purchases, director loan movements, share capital information, and any loan or finance agreements. Payroll and VAT records are also relevant where the company operates those schemes. Not every company will have all of these. Wirral directors often find that a quick review of the records before we start reduces the number of queries later in the process.

Does a newly incorporated company have to file accounts with Companies House?

Yes, in the ordinary course a limited company has statutory accounts filing obligations that apply from its first period, and those obligations come from company law rather than from whether the company has traded or made a profit. Companies House does not prepare accounts and does not approve them; it receives the accounts and places the filed information on the public register. Directors remain responsible for making sure the filing is made, even when an accountant prepares the accounts on their behalf.

Are first year accounts and a CT600 the same thing?

No. Statutory accounts are delivered to Companies House where required, while a Corporation Tax Return such as a CT600 is submitted to HMRC where the company has a Corporation Tax obligation. Information from the accounts is often used when working out the tax position, but the two filings have different purposes and different destinations. Filing your accounts does not submit a CT600, and filing a CT600 does not complete your Companies House accounts obligation. A company's first Corporation Tax accounting period can also differ from the period covered by its statutory accounts.

Do we still need first year accounts if the company has not started trading?

It depends on the company's circumstances. A company that has not yet started trading may still need to prepare and file accounts for its first period, and the reporting position is determined by the applicable rules rather than by assumption. Dormancy is a specific status with its own conditions, so it is not the same as simply having had little or no activity. Where transactions are minimal, we look at what has actually happened and advise on the appropriate treatment.

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

Some newly incorporated companies do qualify for the micro-entity framework set out in FRS 105, but eligibility depends on meeting the applicable conditions for the accounting period in question and is not automatic. Newer companies can also move between reporting frameworks as they grow. Where micro-entity reporting is not appropriate, small-company or full reporting may apply. We confirm which basis applies before preparation begins so the accounts are filed on the correct footing.

What happens if first year accounts are filed late?

Failing to file required accounts by the applicable deadline can lead to consequences from Companies House, which may include late filing penalties that increase the longer the accounts remain outstanding. Paying a penalty does not remove the obligation to file the accounts themselves. If accounts are already overdue, the usual priority is to get the information together and file as soon as possible. Appeals or reduction requests depend on the circumstances and the applicable rules, so they are considered case by case.