─── SPECIALIST MICRO-ENTITY ACCOUNTANTS IN LONDON

First Year Accounts for Limited Company in Buzzard: Professional Preparation and Filing Support

If you have recently incorporated a company in Buzzard, the first set of statutory accounts can feel like an unfamiliar milestone. First Year Accounts for Limited Company work involves pulling together the company’s accounting records, preparing a balance sheet and, where applicable, a profit and loss account, and delivering the accounts to Companies House where required. We support directors with preparing and reviewing the figures, understanding the accounting period and keeping the Companies House filing on track. Corporation Tax is handled separately: a CT600 is submitted to HMRC where applicable, and filing accounts with Companies House does not complete that HMRC requirement.

🔥 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 Could They Apply to Your Buzzard Limited Company?

First Year Accounts for Limited Company are the first statutory accounts covering the company’s initial accounting period. For a newly incorporated company, that period normally starts on incorporation and ends on the first accounting reference date. The length of the first period can differ from later periods, and the filing deadline is based on the company’s specific dates and applicable Companies House requirements. If the company is eligible, it may be able to use the micro-entity framework and FRS 105, but this is not automatic; eligibility depends on the relevant accounting period and the company’s circumstances. Statutory accounts are separate from a Corporation Tax Return such as a CT600, which is submitted to HMRC where applicable, and from a confirmation statement, which is a separate Companies House filing. For directors in Buzzard, the key point is that accurate accounting records help with preparation, but the accounts themselves are the statutory reporting document that must be considered alongside the company’s wider compliance obligations.

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 Buzzard Prepared with Professional Support

First-year accounts can raise practical questions: which accounting period applies, what records are needed, and what must go to Companies House. Micro Entity Accounts provides professional support with preparing and filing first-year statutory accounts for eligible limited companies, helping directors in Buzzard work through the accounts preparation process with clear communication and transparent fees. If your company is newly incorporated, or you are unsure whether micro-entity reporting applies, getting the preparation and filing reviewed by an accountant can reduce the risk of avoidable errors and help you understand the separate HMRC position for Corporation Tax. Speak to us for straightforward assistance with your first-year accounts.

─── 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 prepared for a company’s initial accounting period. For a newly incorporated company, the period generally runs from incorporation to the first accounting reference date. The accounts usually include a balance sheet and, where applicable, a profit and loss account, together with any required notes. They are separate from a Corporation Tax Return and from a confirmation statement.

When are first-year accounts due?

The due date depends on the company’s incorporation date, accounting reference date and the first-accounts filing rules that apply. First accounts can have a different filing period from later accounts, so it is important to check the specific due date shown for your company rather than assuming a standard deadline. We can help you identify the relevant dates and prepare the accounts in good time.

What information is needed to prepare first-year accounts?

We usually need the company’s accounting records, including bank transactions, sales and income records, business expenses, purchase invoices, asset purchases and details of director transactions or loans. Share capital information and any payroll or VAT records may also be relevant where applicable. Not every company will have all of these records, and the exact list depends on the company’s activity and circumstances.

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

A newly incorporated limited company will generally have statutory accounts filing obligations where required, even if it has had limited activity or has not started trading. The position can depend on whether the company is dormant or has accounting transactions, so it should be reviewed carefully. Filing first-year accounts with Companies House does not replace other obligations such as a Corporation Tax Return or a confirmation statement.

Are first-year accounts the same as a CT600?

No. First-year statutory accounts are prepared for Companies House filing where required, while a CT600 is a Corporation Tax Return submitted to HMRC where applicable. The figures from the accounts may be used when preparing the company’s Corporation Tax position, but the two filings have different purposes and go to different bodies. Filing one does not automatically complete the other.

Can a new company qualify for micro-entity accounts?

Some newly incorporated companies may qualify for the micro-entity framework if they meet the eligibility requirements for the relevant accounting period. Qualification is not automatic, and FRS 105 only applies to qualifying entities using that framework. A company director in Buzzard should check the applicable criteria or take professional advice before assuming micro-entity accounts can be used.

Do first-year accounts need a confirmation statement?

No. First-year statutory accounts and a confirmation statement are separate Companies House filings. A confirmation statement is used to confirm that the company’s registered information is correct, and a company may still need to submit one even when its first-year accounts have been filed. The two requirements should be tracked separately.

What happens if first-year accounts are filed late?

Companies House may apply late filing consequences, and the exact outcome can depend on how late the accounts are and the applicable rules. Filing the outstanding accounts remains necessary, and any penalty appeal eligibility depends on the circumstances. If accounts are overdue, it is best to seek professional support quickly to understand the next steps.