─── SPECIALIST MICRO-ENTITY ACCOUNTANTS IN LONDON

First Year Accounts for Limited Company in Burgess Hill — Professional Preparation and Filing Support

The first set of statutory accounts a limited company prepares raises questions that rarely come up again: which accounting reference date applies, how long the first accounting period runs, what the accounts should contain, and what has to be delivered to Companies House. At Micro Entity Accounts we support directors of newly incorporated and newly trading companies in Burgess Hill with First Year Accounts for Limited Company, working from your accounting records to prepare the balance sheet, the profit and loss account where applicable, and any notes the relevant reporting framework requires, then filing with Companies House where required. Where the company also has Corporation Tax obligations, those are handled separately — a CT600 is submitted to HMRC and is not the same as filing accounts with Companies House, and the two can cover slightly different periods. Our role is to prepare, review and file the required information properly so your first-year compliance position is built on accurate figures rather than assumptions.

🔥 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 What Do They Cover?

First-year accounts are the first set of annual statutory accounts a limited company prepares for its initial accounting period. They are not optional simply because the company is newly incorporated. Once a company exists, it has reporting responsibilities, although the period the accounts cover and the date by which they must be filed depend on the company’s incorporation date, its accounting reference date and the applicable Companies House requirements. A first accounting period usually begins on the date of incorporation and may be longer or shorter than the twelve-month periods that follow, so it is worth confirming the position early rather than reconstructing it later. The accounts themselves normally include a balance sheet and, where relevant, a profit and loss account, together with any notes required by the reporting framework the company uses. Directors stay responsible for keeping adequate accounting records and for making sure the company meets its statutory obligations, even when an accountant prepares or files on the company’s behalf. Some newly incorporated companies qualify to report as micro-entities under FRS 105, the financial reporting standard applicable to qualifying entities using the micro-entity accounting framework. Eligibility is not automatic and depends on the company’s circumstances and the applicable requirements for the accounting period in question. A new company with modest activity should not assume it falls into that category, and equally should not assume it does not. It also helps to keep the separate filings distinct. First-year statutory accounts are delivered to Companies House where required. A Corporation Tax Return such as a CT600 is a separate submission to HMRC, and the company’s first Corporation Tax accounting period may not be identical to its statutory accounts period. A confirmation statement is separate again, and filing accounts does not replace it. For directors in Burgess Hill, treating these three obligations as distinct tasks makes the first year considerably easier to manage.

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.

Have Your First Year Accounts for Limited Company in Burgess Hill Prepared and Filed Properly

If your company has been incorporated recently, the first set of statutory accounts can arrive as an unfamiliar obligation sooner than expected. Directors often have genuine questions about which records to keep, how the first accounting period is calculated, whether the micro-entity framework applies, and what actually needs to be sent to Companies House. Micro Entity Accounts provides professional support with preparing first-year accounts from your accounting records, reviewing the figures with you, and filing with Companies House where required, on a fixed-fee basis with clear pricing and no hidden costs. If you run a newly incorporated limited company in Burgess Hill and would prefer your first filing prepared and checked by people who deal with these requirements regularly, get in touch and we will talk through what your company needs.

─── 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 limited company prepares for its initial accounting period, which normally starts on the date of incorporation. They typically include a balance sheet and, where applicable, a profit and loss account, along with any notes required by the reporting framework the company uses. They are prepared from the company's accounting records and are filed with Companies House where required. They are separate from a Corporation Tax Return submitted to HMRC and separate from a confirmation statement.

When are first accounts due?

There is no single answer that applies to every new company. The due date is driven by the company's accounting reference date and the Companies House rules that apply to first accounts, and because a first accounting period may be longer than twelve months, it is not simply a case of counting twelve months from incorporation. The sensible approach is to check the company's accounting reference date and the current Companies House guidance, or ask us to confirm the position for your company.

What information is needed to prepare first-year accounts?

It depends on what the company has done. Typically we would look at bank transactions and statements, sales and income records, business expenses and purchase invoices, asset purchases, director transactions, share capital details, any loans or finance arrangements, and payroll or VAT records where those are relevant. Not every company will have all of these. If records are incomplete or mixed with personal spending, we can help you work out what is needed before the accounts are prepared.

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

Generally yes, once a company is incorporated it has annual accounts filing obligations, even if activity has been limited. The specific requirement depends on the company's circumstances and the applicable rules. Filing accounts with Companies House is not the same as notifying HMRC of anything, and it does not finish the company's other compliance tasks, such as confirmation statements or Corporation Tax filings where those apply.

Are first-year accounts the same as a CT600?

No. First-year statutory accounts are delivered to Companies House where required, while a Corporation Tax Return such as a CT600 is submitted to HMRC where applicable. The figures in the accounts are often used when preparing the Corporation Tax position, but the two filings have different purposes and different destinations. Filing one does not automatically complete the other, and the company's first Corporation Tax accounting period may not match its statutory accounts period.

Does a company that has not started trading still need first-year accounts?

In many cases there is still a statutory filing position to deal with, but the correct treatment depends on the company's circumstances and the applicable rules. A company with no significant accounting transactions is not automatically dormant for every purpose, because the tests used by Companies House and HMRC are not identical. If your company has been quiet since incorporation, it is worth checking the position rather than assuming nothing needs to be filed.

Can a new limited company qualify for micro-entity accounts under FRS 105?

It may do, if it meets the applicable eligibility requirements for the relevant accounting period. Qualification is not automatic, and a low level of activity or a recent incorporation date does not by itself confirm eligibility. FRS 105 is the financial reporting standard applicable to qualifying entities using the micro-entity framework. We review the company's circumstances and the requirements for the period before deciding which framework is appropriate.

What happens if first-year accounts are filed late?

Failing to file required accounts by the applicable deadline can lead to Companies House consequences, and the outcome is not the same in every case. Paying any penalty that arises does not remove the requirement to file the outstanding accounts. Where an appeal is considered appropriate, eligibility depends on the circumstances and the applicable rules. Directors of companies in Burgess Hill who think a deadline may have been missed should act promptly rather than wait for further correspondence.