─── SPECIALIST MICRO-ENTITY ACCOUNTANTS IN LONDON

First Year Accounts for Limited Company in Cirencester, Prepared and Filed With Professional Support

If your company was recently incorporated in Cirencester, the first set of statutory accounts can feel like unfamiliar ground. Our First Year Accounts for Limited Company service is built for exactly that stage: directors of newly incorporated and newly trading companies who need their initial accounting period reported properly. We start by reviewing the accounting records you hold, then prepare the statutory accounts — typically a balance sheet, plus a profit and loss account where applicable — and support delivery to Companies House where required. Directors in Cirencester often ask about Corporation Tax at the same time, so it is worth being clear that this is a separate matter: a CT600 is submitted to HMRC, not to Companies House, and the periods covered by each filing may not be identical. The practical benefit is a set of first-year accounts that reflects what the company actually did, explained clearly enough that you understand what has been filed and why.

🔥 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? A Guide for New Companies in Cirencester

First-year accounts are the first set of annual statutory accounts a limited company prepares for its initial accounting period. That period normally begins on the date of incorporation and runs to the company’s first accounting reference date, although the exact start and end dates depend on the company’s own filing history with Companies House. Because a first period is often longer than twelve months, the figures can cover more ground than a director expects, and the statutory accounts period does not necessarily line up with the company’s first Corporation Tax accounting period. The accounts are prepared from the company’s accounting records. Depending on what the company has actually done, that might include bank statements and transaction listings, sales invoices and income records, purchase invoices and business expenses, details of assets bought, director’s loan movements, share capital information, and payroll or VAT records where those apply. A company that has been quiet since incorporation will usually need less, but the accounts still have to reflect the real position. Once prepared, first-year statutory accounts are generally delivered to Companies House where required. That obligation is separate from a Corporation Tax Return such as a CT600, which is submitted to HMRC where applicable, and separate again from the confirmation statement, which confirms the company’s registered details rather than reporting its financial results. Filing one of these does not complete the others. Some companies may qualify for the micro-entity framework set out in FRS 105, the financial reporting standard applicable to qualifying entities that use the micro-entity accounting framework. It allows a simplified balance sheet with reduced disclosure. Eligibility depends on meeting the applicable conditions and thresholds for the relevant accounting period, so a newly incorporated company is not automatically a micro-entity, and low activity alone does not settle the question. Directors in Cirencester do not need to choose a framework in advance — the appropriate basis is confirmed once the company’s circumstances and the requirements for that period are reviewed.

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.

First Year Accounts for Limited Company in Cirencester, Handled Carefully From the Start

First-year accounts tend to raise questions that Companies House guidance alone does not answer: which period the accounts should cover, which figures belong in them, and whether the records you hold are complete enough to support them. Micro Entity Accounts works with directors of newly incorporated companies on precisely those points, preparing the statutory accounts and supporting the Companies House filing where required. If your company also has Corporation Tax obligations, we can help with the accounting information that feeds into that separate HMRC submission. Getting the first set of accounts right makes the following years far easier to manage, so speak to us before the filing window starts to feel tight.

─── 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 annual accounts a limited company prepares, covering its initial accounting period. That period usually runs from the date of incorporation to the company's first accounting reference date, although the exact dates depend on the company's own details at Companies House. The accounts are built from the company's accounting records and are delivered to Companies House where required. They are not the same as a Corporation Tax Return, and they are not the same as a confirmation statement.

When are a company's first accounts due?

There is no single answer that applies to every company. The deadline depends on the incorporation date, the accounting reference date and the filing rules that apply to a first set of accounts, which can differ from the deadlines for later years. Directors should check the specific dates attached to their own company rather than assuming a standard twelve-month cycle, and it is worth confirming those dates early so records are ready in good time.

What information is needed to prepare first-year accounts?

Broadly, the records that show what the company has done since incorporation. That may include bank statements and transaction listings, sales invoices and income records, purchase invoices and day-to-day expenses, details of assets bought, director's loan movements, share capital information, and payroll or VAT records where those apply. A company with very little activity will need less, but the accounts still have to reflect what actually happened. Directors in Cirencester can send records in whatever format they already hold.

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

In most cases a limited company is expected to prepare and file statutory accounts for its accounting periods, including the first one, and limited activity does not automatically remove that obligation. Whether a company is dormant, non-trading or trading affects how the position is reported, and those labels are not interchangeable. A first-year accounts filing is also distinct from any Corporation Tax Return that may be due to HMRC.

Are first-year accounts the same as a CT600 or a confirmation statement?

No. First-year statutory accounts are prepared for the company's members and delivered to Companies House where required. A CT600 is a Corporation Tax Return submitted to HMRC where the company has a Corporation Tax obligation. A confirmation statement is a separate Companies House filing that confirms registered details such as directors and shareholders, rather than reporting financial results. Completing one does not complete the others, and the accounting periods involved may not be identical.

Does a company still need first-year accounts if it has not traded?

A company that has not yet started trading may still have statutory filing obligations, and how its position is reported depends on its circumstances and the applicable rules. A company with no significant accounting transactions is not automatically treated as dormant — dormancy is a specific status with its own criteria and its own filing route. It is worth taking advice before deciding to skip a set of accounts simply because the company has been quiet.

Can a new company qualify for micro-entity accounts?

Some companies do qualify for the micro-entity framework under FRS 105, which permits a simplified balance sheet with reduced disclosure. Qualification depends on meeting the eligibility conditions for the relevant accounting period, so a newly incorporated company is not automatically a micro-entity. The right framework is confirmed once the company's circumstances are reviewed, and eligibility can change from one year to the next.

What happens if first-year accounts are filed late?

Failing to deliver accounts by the applicable Companies House deadline can lead to consequences, and those consequences are not necessarily the same for every company. Where a late filing penalty is issued, paying it does not remove the requirement to file the outstanding accounts. If a director believes there were valid reasons for the delay, an appeal may be possible depending on the circumstances and the applicable rules, but eligibility is not guaranteed.