─── SPECIALIST MICRO-ENTITY ACCOUNTANTS IN LONDON

FRS 105 Micro Entity Accounts in Feltham

FRS 105 is the financial reporting framework that applies when a qualifying company chooses to use the UK micro-entities regime. If your company is based in Feltham and looks likely to meet the relevant size conditions, FRS 105 Micro Entity Accounts can offer a far more streamlined route to preparing statutory financial statements than the fuller frameworks used by larger businesses. Eligibility is not automatic — it depends on your company’s size, its legal form, the accounting period in question and whether any exclusions apply — so the sensible starting point is always a careful review of your own circumstances. Professionally prepared FRS 105 Micro Entity Accounts in Feltham are built from your books and records and presented in the format the micro-entity framework requires, covering the balance sheet and the limited notes that go with it, along with the supporting information needed for filing. Just as importantly, good preparation keeps the accounts themselves clearly separated from your other obligations, such as your Corporation Tax Return and your Confirmation Statement, so nothing is muddled, duplicated or overlooked.

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FRS 105 Micro-Entity Accounts

(Turnover up to £100K)

£499.00

£399.00

+vat

FRS 105 accounts preparation
Accounting records review
Micro-entity eligibility review
Companies House filing where applicable
Corporation Tax support where included
Director review
FRS 105 accounting support

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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 
    
 
 
 
   
 
 
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   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.
  
 
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   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.
  
 
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   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.
  
 
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   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
  
 
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   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
  
 
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   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.
  
 
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   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
  
 
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   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.
  
 
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   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.
  
 
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   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 .

─── FRS 105 EXPLAINED

FRS 105 Explained: How Micro Entity Accounts Work for Feltham Companies

FRS 105 — the Financial Reporting Standard applicable to the Micro-entities Regime — is the simplest statutory accounting framework available to UK companies. In plain terms, it tells you how a qualifying micro-entity should draw up its annual financial statements: what belongs on the balance sheet, how items are measured, and which notes are required. It is tied directly to the UK micro-entities regime. A company that qualifies for that regime can choose to apply it, and when that choice is made, FRS 105 is the standard used to produce the accounts. Because the micro-entities regime is built around simpler measurement and far fewer disclosures than fuller frameworks, the process is leaner and better suited to the small owner-managed companies it was designed for. It is worth being clear that the regime is a choice rather than an obligation. Some companies that qualify still prefer to report under FRS 102 or another framework, often because of how they want profits, assets or disclosures to be presented, and that decision can have knock-on effects. Our role is to help Feltham directors understand which framework genuinely fits their company, then prepare FRS 105 Micro Entity Accounts that reflect the company’s real records and the requirements of the standard.

Who Can Use FRS 105 in the UK? Micro-Entity Eligibility for Feltham Companies

FRS 105 is designed for companies that qualify for the UK micro-entities regime and decide to apply it. For accounting periods beginning on or after 6 April 2025, a company generally needs to meet at least 2 of 3 applicable size conditions: turnover of no more than £1 million, a balance sheet total of no more than £500,000, and an average of no more than 10 employees. Meeting those size conditions is not the end of the test. The micro-entities regime carries its own rules and exclusions, and some entities cannot use it regardless of how small they are, so a company should never assume it qualifies simply because it is a small business. Equally, qualifying companies are not obliged to apply the regime — it is an available accounting regime, and FRS 105 applies when that regime is chosen. If your company is based in Feltham and you think FRS 105 Micro Entity Accounts may suit you, we can review your figures, your legal form and the period in question, then confirm whether the micro-entities regime is available to you and whether it is the most sensible framework for your circumstances.

A company generally needs to meet at least 2 of these 3 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)

─── What We Review

Everything Your Micro-Entity Company Is Required to Get Right

Most compliance problems are not deliberate. They come from a missed deadline, an accounts template that no longer matches FRS 105, or dividends taken without the paperwork to support them. Our review covers each area in turn and reports back in plain English.

FRS 105 Balance Sheet

A statutory balance sheet prepared to the FRS 105 format, using the reduced disclosure the micro-entities regime allows.

Profit & Loss Account

A profit and loss account prepared for your own records and for your Corporation Tax computation, without public filing.

Required Notes & Disclosures

Preparation of the notes and disclosures required for the company's accounts under the applicable reporting requirements.

Corporation Tax Support

Separate Corporation Tax support can be provided where included in the agreed service. The Corporation Tax calculation is governed by tax rules rather than FRS 105.

Companies House Filing

Your FRS 105 accounts filed with Companies House in the correct format, before your accounts filing deadline.

Director Copy Pack

A full signed copy of your accounts and tax return, ready for your bank, mortgage lender or accountant records.

─── How It Works

How Our FRS 105 Preparation Process Works

Share Your Records

Send your bank statements, sales and purchase records, expenses and payroll details through our secure digital platform.

We Prepare Your FRS 105 Accounts

Our accountants confirm you qualify for the micro-entities regime, then prepare your accounts and CT600 from your records.

Review & Approve

We send draft accounts with clear explanations of the figures, and adjust anything before anything is submitted.

We File Where Required

Once approved, we can assist with the relevant Companies House filing and any separately agreed tax submission.

─── WHY CHOOSE US

Why Choose Our FRS 105 Accountants?

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

FRS 105 Accounts Support

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.

Clear, Transparent Pricing

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

─── WHO WE HELP

FRS 105 Support for Micro-Entities Across the UK

From one-director businesses and freelancers to startups, consultants and online businesses that qualify for the micro-entities regime.

One-Director Companies

Straightforward FRS 105 accounts and Corporation Tax filing for owner-managed limited companies.

Freelancers & Contractors

Accounts and compliance support for contractors trading through a qualifying limited company.

Startups & Small Companies

Practical support for newly incorporated companies filing their first set of micro-entity accounts.

Dormant & Low-Activity Companies

Dormant company accounts and FRS 105 accounts for LLPs that meet the micro-entity thresholds.

Professionally Prepared FRS 105 Micro Entity Accounts for Feltham Companies

Preparing FRS 105 Micro Entity Accounts properly begins with accurate bookkeeping and a clear trail of supporting records. We work from your company’s financial information — bank transactions, sales and purchase records, payroll details, fixed asset information, stock or work-in-progress figures where relevant, and any amounts owed to or by the company at the period end — and build a set of financial statements that reflects what has genuinely happened in the period. Those accounts are then presented in line with the micro-entity framework, including the balance sheet and the disclosures required by FRS 105. It helps to keep two things firmly apart: filing accounts with Companies House is a separate exercise from Corporation Tax. A CT600 is submitted to HMRC to report taxable profits, while the annual accounts and the Confirmation Statement go to Companies House, each with its own requirements. We can prepare your FRS 105 Micro Entity Accounts and explain how they sit alongside those other filings, so directors in Feltham can see how the pieces fit together. No outcome can be guaranteed — the final position always depends on your company’s own circumstances and the records provided — but the aim is careful, well-supported preparation and financial reporting that is clear, consistent and easy to follow.

ICAEW

ACCA

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Get Help with Your FRS 105 Micro Entity Accounts in Feltham

Every company’s position is different, so the most useful next step is a straightforward conversation. Tell us about your Feltham-based company — what it does, which accounting period you need accounts for, and what records you already hold — and we can look at whether the micro-entities regime appears to be a suitable fit and what preparing your FRS 105 Micro Entity Accounts would involve. If you already have tidy figures from bookkeeping software or a previous accountant, we can usually work from those. If things are less organised, we can talk through what needs pulling together first and in what order. Get in touch to discuss your FRS 105 Micro Entity Accounts requirements, ask any questions about eligibility or the framework, and find out how we can help you move forward with clear, transparent pricing.

─── FAQs

FRS 105 Accounts Preparation 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 is FRS 105?

FRS 105 is the UK financial reporting standard that applies to companies using the micro-entities regime. It sets out how a qualifying micro-entity prepares its annual financial statements, including a simplified balance sheet and a much reduced set of notes. It is the least onerous statutory accounting framework available to small UK companies, and it comes into play when a company both qualifies for the micro-entities regime and chooses to apply it rather than reporting under a fuller framework.

Who can use FRS 105?

FRS 105 is available to companies that qualify as micro-entities under the UK rules and then decide to apply that regime. Qualifying is not simply a question of being small: the company needs to meet the relevant size conditions and must not fall within any of the exclusions that apply to the regime. That is why eligibility should be checked against the company's own circumstances and the specific accounting period rather than assumed. Limited companies are the typical users, while certain other types of entity may be treated differently or excluded.

Is FRS 105 compulsory for every micro-entity?

No. Qualifying for the micro-entities regime does not force a company to use it. A company that meets the conditions may choose to apply the regime and prepare FRS 105 accounts, or it may report under a fuller framework such as FRS 102 instead. That choice can change how items are measured and how much information appears in the accounts, so it is worth thinking through the implications before deciding which route to take.

What are the current micro-entity eligibility criteria?

For accounting periods beginning on or after 6 April 2025, a company generally needs to meet at least 2 of 3 applicable size conditions: turnover of no more than £1 million, a balance sheet total of no more than £500,000, and an average of no more than 10 employees. Meeting those conditions is the starting point rather than the whole test. Other rules and exclusions can apply to the micro-entities regime, so eligibility should always be confirmed for the specific company and the specific period.

What is the difference between FRS 105 and FRS 102?

Both are UK financial reporting standards, but they are aimed at different sizes of company. FRS 105 is the micro-entities standard, with simpler measurement and far fewer required disclosures. FRS 102 is used by larger small companies and by entities that do not qualify for the micro-entities regime, and it carries more detailed recognition, measurement and disclosure requirements. The framework you use affects how certain items are valued and how much detail appears in the accounts.

Do FRS 105 accounts need to be filed with Companies House?

In the normal course, a company's annual accounts are filed with Companies House, and preparing them under FRS 105 does not change that. Filing accounts is separate from your Corporation Tax obligations: a CT600 is submitted to HMRC to report taxable profits for the period, while the accounts and your Confirmation Statement go to Companies House. Each has its own content requirements and its own deadlines, so it helps to plan for them together rather than treating them as one task.

Can a new limited company use FRS 105?

A newly incorporated company can use FRS 105 if it qualifies for the micro-entities regime and chooses to apply it. New companies often start small, but qualification still depends on the size conditions and any exclusions that may apply. A first accounting period can also bring its own considerations, for example where the period is longer or shorter than twelve months, so it is worth checking the position early and setting up your bookkeeping to capture everything the accounts will need.

What information is needed to prepare FRS 105 accounts?

Typically we need your bank statements and transaction records, sales and purchase information, payroll and employee details, any fixed asset additions or disposals, stock or work-in-progress figures where relevant, and details of amounts owed to or by the company at the period end. If you use bookkeeping software, giving us access is usually the quickest route. If something is missing, we can discuss it and let you know what else is required once we understand your company.