─── SPECIALIST MICRO-ENTITY ACCOUNTANTS IN LONDON

First Year Accounts for Limited Company in Ongar – Micro Entity Accounts Provides Professional Preparation and Filing Support

For directors of newly incorporated or newly trading limited companies in Ongar, First Year Accounts for Limited Company are the first statutory accounts the company must prepare for its initial accounting period. Professional support can help you understand what information is needed, review your accounting records, prepare a balance sheet and, where applicable, a profit and loss account, and deliver the accounts to Companies House where required. If your company also has Corporation Tax obligations, a CT600 and related Corporation Tax matters are handled separately with HMRC and are not completed by filing the statutory accounts alone.

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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 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 Micro Company?

First Year Accounts for Limited Company are the first annual statutory accounts a newly incorporated company prepares for its initial accounting period. They are not optional merely because the company is new or has had limited activity; a limited company is generally required to prepare accounts and deliver them to Companies House where required. For directors in Ongar, the key is to understand the company’s own first accounting period, which usually begins on the incorporation date and ends on the first accounting reference date, although the exact dates depend on the incorporation date and Companies House requirements. Some companies may qualify to report under the micro-entity framework, and FRS 105 is the standard applicable to qualifying micro-entities. Eligibility depends on the company’s circumstances and the relevant accounting period, so it should not be assumed. First-year statutory accounts are separate from a Corporation Tax Return such as a CT600, which is submitted to HMRC where applicable, from a confirmation statement, which is a separate Companies House filing, and from VAT Returns, which are relevant only where the company is VAT registered. Directors remain responsible for ensuring the company meets its statutory obligations, even when an accountant assists with preparation and filing.

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 Ongar Prepared with Professional Support

If you are unsure what your new company needs to file, which accounting framework applies, or how to pull together the right records, professional help can make the process clearer. Micro Entity Accounts provides support with first-year accounts preparation and Companies House filing for limited companies, including help reviewing bookkeeping records, preparing statutory accounts and understanding what remains separate, such as a CT600 for HMRC or a confirmation statement for Companies House. Directors in Ongar do not have to work through the first-year requirements alone.

─── 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 Limited Company?

They are the first annual statutory accounts prepared for a company's initial accounting period after incorporation. They normally include a balance sheet and, where applicable, a profit and loss account, along with any notes required by the applicable reporting framework. They are delivered to Companies House where required, and they are separate from a Corporation Tax Return, a confirmation statement and any VAT Returns.

When are first accounts due?

The due date depends on the company's incorporation date, its first accounting reference date and the applicable Companies House requirements. The first accounting period usually starts on incorporation and ends on the first accounting reference date, but directors in Ongar and elsewhere should check their company's own Companies House record rather than assume a standard deadline. Professional support can help confirm the period and the preparation timetable.

What information is needed to prepare first-year accounts?

Commonly, an accountant will need bank transactions and statements, sales and income records, purchase invoices, expense receipts, details of asset purchases, share capital information, director transactions or loans, and any payroll or VAT records where applicable. A newly incorporated company may not have all of these records, especially if trading has been limited, so the exact information required depends on the company's circumstances.

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

Yes, a limited company is generally required to prepare and file annual accounts with Companies House where required, including for its first accounting period. This can apply even when activity has been limited or trading has not started, although the exact reporting position depends on the circumstances and applicable rules; it should not be assumed that the company is dormant without checking. Filing statutory accounts is separate from submitting a CT600 to HMRC and from filing a confirmation statement.

Are first-year accounts the same as a CT600?

No. First-year statutory accounts are prepared for the company and delivered to Companies House where required. A CT600 is a Corporation Tax Return submitted to HMRC where applicable. The company's first Corporation Tax accounting period may not be identical to its statutory accounts period, and information from the accounts may feed into the tax return preparation. Filing accounts does not automatically submit a CT600, and filing a CT600 does not complete the Companies House accounts filing.

Do first-year accounts need a confirmation statement?

No. A confirmation statement is a separate Companies House filing that confirms the company's registered information is up to date. Filing first-year accounts does not replace the confirmation statement, and filing a confirmation statement does not replace the accounts. A company may need to submit both where applicable, along with any other statutory filings that apply to it.

Can a new company qualify for micro-entity accounts?

Some newly incorporated companies may qualify for micro-entity accounts if they meet the eligibility requirements for the relevant accounting period. It is not automatic, and not every startup or company with low turnover qualifies. FRS 105 is the financial reporting standard for qualifying micro-entities, but the appropriate framework depends on the company's circumstances. If the company does not qualify as a micro-entity, small-company or another framework may be relevant.

What happens if first-year accounts are filed late?

If the accounts are delivered after the applicable deadline, Companies House can take action, which may include late filing consequences. The outcome depends on the circumstances and the relevant rules, and it is not the same in every case. Paying any penalty or charge does not remove the requirement to file the outstanding accounts. Directors should seek professional advice about the company's position and any possible appeal or correction route that may apply.