─── SPECIALIST MICRO-ENTITY ACCOUNTANTS IN LONDON

First Year Accounts for Limited Company Support in Burton On Trent

Your company’s first set of statutory accounts is a milestone, and it comes round sooner than most directors expect. First Year Accounts for Limited Company in Burton On Trent means having your initial accounting period reviewed properly, your figures pulled together into a compliant balance sheet, and the accounts filed at Companies House where required. We work with newly incorporated and newly trading limited companies across Burton On Trent, starting with a clear look at the accounting records you hold — bank transactions, income, expenses, asset purchases and director activity — so the numbers reflect what actually happened in the period. Where a company also has Corporation Tax obligations, we will explain that a CT600 is a separate return submitted to HMRC, not something that filing accounts at Companies House takes care of. Whether your company has traded through the year, has had limited activity, or is still finding its feet, the aim is straightforward: accurate first-year accounts, a proper understanding of what has been filed, and clear pricing agreed upfront.

🔥 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 Does Every New Limited Company Qualify?

First year accounts are the first set of statutory accounts a limited company prepares for its initial accounting period. They are not optional simply because the company is new. Once a company is incorporated, it has reporting obligations, and those obligations begin with the first accounting period. That period generally runs from the date of incorporation to the company’s first accounting reference date, which Companies House sets when the company is formed. The accounting reference date matters because it anchors the company’s reporting cycle and influences when accounts need to be filed. The filing deadline itself depends on that date and on the rules that apply to first accounts, so it is always worth checking the information held for your own company rather than assuming a date. The accounts themselves normally include a balance sheet, and a profit and loss account where applicable, together with any notes required by the reporting framework the company uses. For a smaller company, the framework may be the micro-entity regime, with FRS 105 as the financial reporting standard applicable to qualifying entities using that framework. Qualifying is not automatic. Eligibility depends on the company’s circumstances and the applicable thresholds for the relevant accounting period, so a newly incorporated company is not a micro-entity by default and FRS 105 does not apply to every new company. A company that does not meet the criteria may instead fall within the small-company regime, which has its own requirements. It also helps to separate first-year accounts from the other filings a company may have. Statutory accounts are delivered to Companies House where required. A Corporation Tax Return, such as a CT600, is submitted separately to HMRC, and the company’s first Corporation Tax accounting period may not be identical to its statutory accounts period. A confirmation statement is a different filing again, and filing accounts does not replace it. Directors remain responsible for making sure the company meets each of these obligations, even when an accountant prepares the accounts on the company’s behalf.

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 Prepared and Filed with Confidence

If your company has recently been incorporated in Burton On Trent, the first accounts deadline can arrive without much warning, and it is common for directors to be unsure whether they have the right records, the right reporting framework or the right filing. That uncertainty is exactly what Micro Entity Accounts is set up to resolve. We review the accounting information available for the period, determine the reporting framework that applies based on eligibility rather than assumption, prepare the statutory accounts, and support you with delivery to Companies House where required. We will also flag where a separate Corporation Tax Return, confirmation statement or other compliance matter may apply, so nothing is overlooked. If you would rather not work through first-year accounts on your own, speak to us and get the period documented properly from the start.

─── 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 prepared for a company's initial accounting period, which generally runs from the date of incorporation to the company's first accounting reference date. They normally include a balance sheet, and a profit and loss account where applicable, along with the notes the chosen reporting framework requires. They are a statutory requirement for the period, not something that can be skipped because the company is new.

When are first accounts due?

There is no single answer that applies to every company. The deadline depends on the company's incorporation date, its accounting reference date and the Companies House rules that apply to first accounts, which differ slightly from those for later periods. Rather than rely on a general figure, check the dates held on your company's Companies House record, 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 actually done in the period. Typically we look for bank statements and transactions, sales or income records, business expense receipts and purchase invoices, details of any assets bought, share capital information, director loan activity, and any loans or finance arrangements. Where the company runs payroll or is VAT registered, those records are relevant too. If the company has had very limited activity, the records needed will be correspondingly smaller.

Does a newly incorporated company in Burton On Trent have to file accounts with Companies House?

In most cases, yes. A newly incorporated limited company generally has to prepare and deliver statutory accounts for its first accounting period, even if the company has not traded or has only had limited activity. Where a company has had no significant accounting transactions, its reporting position depends on its particular circumstances and the applicable rules, so it is worth taking advice before assuming no filing is needed.

Are first year accounts different from annual accounts?

They are the same type of document, but the first set covers the company's initial accounting period and includes some additional comparisons, such as the period from incorporation. Later sets cover a standard accounting period and are usually prepared on a comparable basis to the previous year. The preparation process is similar; the main difference is the length and starting point of the period.

Are first year accounts the same as a CT600?

No. Statutory accounts go 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 often feed into the tax return preparation, but the two filings have separate purposes, separate destinations and their own deadlines. Completing one does not complete the other.

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

Some companies can, but not all, and it is not automatic simply because a company is new or small. Eligibility for the micro-entity framework depends on meeting the applicable criteria for the relevant accounting period, and where those criteria are met, FRS 105 is the standard used by qualifying entities. If a company does not qualify, the small-company regime may be more appropriate instead.

What happens if first year accounts are filed late?

Failing to deliver accounts by the applicable deadline can lead to consequences from Companies House, and the outcome is not identical in every case. Paying any penalty does not remove the requirement to file the outstanding accounts. Where an appeal may be available, eligibility depends on the circumstances and the applicable rules, so it is best to address the position as soon as you become aware of it.