─── SPECIALIST MICRO-ENTITY ACCOUNTANTS IN LONDON

First Year Accounts for Limited Company in Fermanagh — Prepared, Reviewed and Filed

Your company’s first set of statutory accounts sets the tone for everything that follows, and it is rarely as straightforward as it looks. At Micro Entity Accounts, we help newly incorporated and newly trading limited companies across Fermanagh prepare their First Year Accounts for Limited Company accurately — starting with a proper review of your accounting records, then building the statutory accounts themselves, including a balance sheet and a profit and loss account where applicable. Where the company is required to deliver accounts to Companies House, we can prepare and file them on that basis. We will also help you understand the difference between those accounts and your separate obligations to HMRC, such as a Corporation Tax Return or CT600, which is submitted independently and is not covered by filing with Companies House. If your company has only recently started, has had limited activity, or you are simply unsure what the first accounting period should look like, we can talk you through it before anything is submitted.

🔥 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 302 reviews 
    
 
 
 
   
 
 
       Posted on Google  
   
   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.
  
 
      Posted on Google  
   
   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.
  
 
      Posted on Google  
   
   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.
  
 
      Posted on Google  
   
   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
  
 
      Posted on Google  
   
   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
  
 
      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 .

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 Limited Company?

First year accounts are the initial set of annual statutory accounts a limited company prepares covering its first accounting period. That period normally begins on the date of incorporation and ends on the company’s first accounting reference date, although the exact length and end date depend on when the company was incorporated and how Companies House records its accounting reference date. The accounts themselves are a formal document: they typically include a balance sheet, and depending on the framework applied, may also include a profit and loss account, together with the notes and statements required under the applicable reporting rules. Directors remain responsible for making sure the company keeps adequate accounting records and meets its statutory obligations, even where an accountant prepares the figures. It is worth separating the different pieces of compliance that often arrive at the same time. First year statutory accounts are prepared for the members and, where required, delivered to Companies House. A Corporation Tax Return, such as a CT600, is a separate submission made to HMRC, and the first Corporation Tax accounting period does not always match the statutory accounts period. A confirmation statement is a further, distinct filing that keeps the public register up to date — it does not replace the accounts, and the accounts do not replace it. Some companies may qualify to use the micro-entity accounting framework, and where they do, the financial reporting standard that applies to qualifying micro-entities is FRS 105. Qualification is not automatic and is not something to assume simply because a company is small or newly formed — eligibility depends on the company’s circumstances and the requirements applicable to the relevant accounting period, and it should be assessed before a reporting framework is chosen. Even where a company has had little or no activity, filing responsibilities may still apply, so the right answer depends on the facts rather than on an assumption that nothing needs to be done.

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 Prepared and Filed the Right Way

For most directors, the uncertainty is not about whether accounts are needed — it is about whether the figures, the accounting period and the reporting framework have been handled correctly. Micro Entity Accounts provides professional preparation and filing support for First Year Accounts for Limited Company in Fermanagh, working from your accounting records to produce accounts that reflect what actually happened in the company’s first period, and helping you understand what still needs to be dealt with separately on the Corporation Tax side. If your company was incorporated recently and you would rather have the first set of accounts reviewed properly before anything is filed, get in touch and we will explain the steps involved.

─── 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 company prepares for its initial accounting period, usually running from the incorporation date to the company's first accounting reference date. They normally include a balance sheet and, depending on the framework applied, a profit and loss account and supporting notes. They are the company's formal reporting document for that period.

When are first accounts due?

The deadline depends on your company's incorporation date, its accounting reference date and the filing requirements that apply to it, so it is not the same for every company. Companies House bases first-year filing requirements on the accounting reference period rather than on a fixed date set at incorporation. Because the first period is often longer than twelve months, it is worth confirming your company's specific dates early rather than working to a general assumption.

What information do you need to prepare first year accounts?

It depends on the company, but typically we would look at bank statements and transactions, sales and income records, purchase invoices and business expenses, any asset purchases, director transactions, share capital details, loans or finance agreements, and payroll or VAT records where those apply. A limited company in Fermanagh with very little activity may need to provide far less, and we will tell you what is actually relevant to your circumstances.

Do newly incorporated limited companies have to file accounts with Companies House?

In most cases a company is required to prepare and deliver statutory accounts to Companies House for its accounting period, and that obligation is not removed simply because the company is new or has not yet started trading. Where a company has had no significant accounting transactions, its reporting position depends on the applicable rules and its own circumstances rather than being automatically treated as dormant. We can confirm what applies to your company.

Are first year accounts different from annual accounts?

Conceptually they follow the same principles — they are statutory accounts prepared for an accounting period. The practical difference is that the first set may cover a longer period than a normal twelve-month year, and the period length can affect what the accounts show and what needs to be disclosed. Later years generally settle into a standard annual cycle once the first accounting reference date has passed.

Are first year accounts the same as a CT600?

No. Statutory accounts are prepared under company law and delivered to Companies House where required. A CT600 is a Corporation Tax Return submitted to HMRC. Information from the accounts often feeds into the Corporation Tax preparation, but the two serve different purposes, go to different bodies, and completing one does not complete the other. The first Corporation Tax accounting period and the statutory accounts period may also not match exactly.

Can a new company qualify for micro-entity accounts?

Some companies may qualify to prepare micro-entity accounts if they meet the eligibility requirements for the relevant accounting period, and FRS 105 is the standard applicable to qualifying micro-entities. It is not something that applies automatically to every new or small company, and a confirmation statement has no bearing on it. Eligibility should be checked against your company's circumstances before a framework is chosen.

What happens if first year accounts are filed late?

Filing after the applicable deadline can lead to consequences from Companies House, and the outcome depends on the circumstances and how late the filing is. Paying any penalty or charge does not remove the requirement to file the outstanding accounts. If your accounts are already overdue, the priority is usually to get accurate accounts prepared and delivered, and to understand whether an appeal may be available under the applicable rules — that depends on the reasons and the relevant criteria.