─── SPECIALIST MICRO-ENTITY ACCOUNTANTS IN LONDON

First Year Accounts for Limited Company in Rhondda Cynon Taff — Prepared, Reviewed and Filed With Professional Support

A newly incorporated company reaches its first set of statutory accounts sooner than most directors expect, and getting that first accounting period right sets the tone for everything that follows. Micro Entity Accounts works with company directors across Rhondda Cynon Taff to prepare first-year accounts from properly maintained accounting records, review the figures with you, and deliver the accounts to Companies House where required. We will also explain which reporting framework fits your circumstances — whether that is micro-entity accounts under FRS 105 where you qualify, or a fuller small-company format — so the accounts are presented on a basis that matches your company. Where a Corporation Tax Return such as a CT600 is also needed, we will make clear that this is a separate submission to HMRC with its own requirements, and not something that filing with Companies House takes care of.

🔥 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 Micro Company and Why Do They Matter?

First-year accounts are the first set of statutory accounts a limited company prepares for its initial accounting period. They are not optional and they are not something a company outgrows by being newly formed — a company incorporated in Rhondda Cynon Taff, whether it has been actively trading or has had very limited activity, still needs to address its statutory accounts position. The first accounting period normally begins on the date of incorporation and runs to the company’s first accounting reference date, although the length of that period can vary between companies, and the date by which accounts must be filed is worked out from the company’s own dates rather than a single deadline that applies to everyone. Statutory accounts are then delivered to Companies House where required. A company that satisfies the eligibility conditions for the relevant accounting period may be able to prepare micro-entity accounts under FRS 105, which is the financial reporting standard applicable to qualifying entities using the micro-entity framework. This is not automatic. Not every newly incorporated company qualifies, and a low turnover or a quiet first year does not, on its own, mean the micro-entity framework applies. Where it does apply, the accounts are usually more streamlined — typically a balance sheet with limited notes and a profit and loss account where applicable — but the framework still has to be selected correctly and applied consistently. It also helps to keep first-year accounts separate from the company’s other obligations. A Corporation Tax Return, such as a CT600, is submitted to HMRC where applicable and is a distinct filing with its own accounting period, which may not line up exactly with the statutory accounts period. A confirmation statement is separate again, and filing first-year accounts does not replace it or remove the need to keep Companies House records up to date. Directors remain responsible for ensuring these obligations are met, even where an accountant prepares and files 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 in Rhondda Cynon Taff Prepared Correctly From the Start

If your company has recently been incorporated and you are unsure how the first accounting period works, which framework applies, or what Companies House expects from you, you are not alone — it is one of the most common starting points for directors we speak to. Micro Entity Accounts can review your accounting records, prepare your first-year statutory accounts and support you with the Companies House filing where required, while making clear which elements sit separately, such as a CT600 for HMRC or a confirmation statement. Professional support at this stage means fewer corrections later, a clearer picture of your company’s position, and accounts prepared on a basis that suits your circumstances. Clear pricing and fixed-fee support are available, so you know where you stand before we begin.

─── 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 a limited company prepares for its initial accounting period. The period usually starts on the date of incorporation and ends on the company's first accounting reference date, though the length of that period can differ from company to company. The accounts typically include a balance sheet and, where applicable, a profit and loss account, and they are delivered to Companies House where required.

When are first accounts due?

There is no single deadline that applies to every company. The due date is calculated from your company's incorporation date and accounting reference date, and the rules for a first set of accounts can differ from those for later years. We check your company's specific dates and confirm the filing position for you rather than applying a general assumption.

What information is needed to prepare first-year accounts?

It depends on what your company has done. In most cases we ask for bank transactions, sales and income records, business expenses, purchase invoices, details of any assets bought, director transactions and loans, share capital information, and payroll or VAT records where those apply. If your company has had very little activity, the records required will be lighter, but we still need to understand the full picture before preparing the accounts.

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

Where the company is required to file statutory accounts, yes — being newly incorporated does not remove that obligation, and neither does having limited or no trading activity. The reporting position for a company with no significant transactions depends on its circumstances and the applicable rules, so it should be assessed rather than assumed. Directors in Rhondda Cynon Taff remain responsible for making sure the company's filing obligations are met.

Are first-year accounts the same as a CT600?

No. Statutory accounts are delivered to Companies House where required, while a Corporation Tax Return such as a CT600 is submitted to HMRC where applicable. The two have different purposes and different destinations, and filing one does not complete the other. Information from the accounts often feeds into the Corporation Tax position, but the company's first Corporation Tax accounting period and its statutory accounts period may not be identical.

Do first-year accounts replace the confirmation statement?

No. A confirmation statement is a separate filing that confirms the company's registered details are correct, and it is not replaced by the statutory accounts. A company may still need to submit a confirmation statement and keep its Companies House information up to date alongside its accounts filing.

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

Some companies do qualify, but it is not automatic and it is not decided purely by turnover. Eligibility depends on meeting the applicable conditions for the relevant accounting period. If your company qualifies, FRS 105 — the financial reporting standard for qualifying entities using the micro-entity framework — may be appropriate. If it does not, a different framework will apply, and we will confirm which route fits your circumstances.

What happens if first-year accounts are filed late?

Failing to file required accounts by the applicable deadline can result in consequences from Companies House, and those consequences are not identical in every case. Paying any penalty does not remove the requirement to file the outstanding accounts. Penalty appeals are possible only where the circumstances and applicable rules support one, so if you are concerned about a late filing, it is worth seeking advice before the position gets more complicated.