─── SPECIALIST MICRO-ENTITY ACCOUNTANTS IN LONDON

First Year Accounts for Limited Company in Stratford-upon-Avon, Prepared and Filed With Professional Support

The first set of statutory accounts is a milestone for any newly incorporated company, and it deserves careful handling. Micro Entity Accounts works with limited companies in Stratford-upon-Avon on First Year Accounts for Limited Company purposes — reviewing your accounting records and share capital information, preparing the balance sheet and, where the applicable framework requires it, a profit and loss account, and supporting delivery of the accounts to Companies House where required. We also help directors understand how the first accounting period works and which reporting framework is likely to fit their circumstances, including micro-entity or small-company reporting where the eligibility conditions are met. Corporation Tax is a separate matter and is not dealt with by filing accounts at Companies House: a limited company may also need to prepare and submit a Corporation Tax Return such as a CT600 to HMRC, and that obligation is handled separately from the statutory accounts filing.

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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 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 Limited Companies in Stratford-upon-Avon

First-year accounts — often referred to as first statutory accounts or first year company accounts — are the first set of annual accounts a limited company prepares for its initial accounting period. They cover the period from incorporation, or from the point at which the company’s reporting period begins under the applicable rules, through to its accounting reference date. In most cases the accounts include a balance sheet as at the period end and, where the applicable framework requires it, a profit and loss account, together with any notes and disclosures the framework calls for. Statutory accounts of this kind are generally delivered to Companies House where required. The first accounting period is not always twelve months long. Companies House sets a default accounting reference date when a company is incorporated, so a company’s initial reporting period can run for more or less than a year depending on the incorporation date and those dates should always be checked on the company record rather than assumed. Directors’ responsibilities sit alongside this: the directors remain responsible for keeping adequate accounting records, for ensuring the accounts are prepared in accordance with the applicable framework and for making sure the company meets its statutory obligations, even where an accountant has been engaged to assist. Some newly incorporated companies may qualify to report under the micro-entity framework, and FRS 105 is the financial reporting standard applicable to qualifying entities using that framework. This is not automatic. Eligibility depends on the company’s circumstances and the conditions that apply for the relevant accounting period, and a company with modest or low turnover is not automatically eligible. Where the micro-entity framework does not apply, the small-company regime or full reporting may be the appropriate route, and the right answer should be established by looking at the company’s own position. It is also worth keeping three separate obligations clearly in view. First-year statutory accounts are filed with Companies House where required. A Corporation Tax Return, such as a CT600, is submitted to HMRC where applicable, and the two filings have different purposes and destinations — completing one does not complete the other. A confirmation statement is a further and separate Companies House filing that keeps the company’s recorded details up to date. Preparing and filing first-year accounts does not by itself settle the company’s Corporation Tax, confirmation statement, VAT or other compliance obligations, although the figures in the accounts often feed into the Corporation Tax position.

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.

Have Your First Year Accounts for Limited Company in Stratford-upon-Avon Prepared Correctly

If your company has been incorporated recently and the first set of statutory accounts is approaching, it is entirely normal to be unsure about what has to be prepared, which records are needed, which reporting framework applies and what must go to Companies House. Micro Entity Accounts can review your accounting records, prepare the accounts under the appropriate framework and support the filing process, while you continue to hold director responsibility for your company’s compliance. Getting the first year organised properly also makes the years that follow far easier to manage. Speak to us before the applicable filing date arrives so the position can be reviewed calmly rather than in a rush.

─── 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 for its initial accounting period — the period running from incorporation, or from the start of its reporting period under the applicable rules, to its accounting reference date. Typically they include a balance sheet and, where the applicable framework requires it, a profit and loss account, along with any notes and disclosures. They are usually delivered to Companies House where required. First-year accounts are not optional simply because the company is new.

When are first-year accounts due for a newly incorporated company?

There is no single answer that fits every company. The filing date depends on the incorporation date, the accounting reference date set by Companies House and the length of the first accounting period, which is not always twelve months. Companies House records the relevant dates for each company, so those dates should be checked rather than assumed. We can help you confirm what applies to your company and work back from the applicable deadline.

What information is needed to prepare first-year accounts?

It varies with the company's activity, but commonly useful records include bank statements and transactions, sales invoices and income records, purchase invoices and business expenses, details of any assets purchased, movements on the director's loan account, share capital information, loans or finance agreements, and supporting documents for any other transactions. Where the company operates payroll or is VAT registered, the relevant payroll and VAT records are helpful too. Not every company will have all of these — the records needed depend on what the company has actually done.

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

Where required, first-year statutory accounts are delivered to Companies House for the company's accounting period. This is separate from the confirmation statement, which is a distinct annual filing that keeps the public register up to date, and separate from anything filed with HMRC. Companies House does not prepare the accounts and does not approve them regulatorily or professionally — it receives the filed information.

Are first-year accounts the same as a CT600?

No. Statutory accounts go to Companies House where required, while a Corporation Tax Return such as a CT600 is submitted to HMRC where the company has Corporation Tax obligations. Information from the accounts may be used when working out the Corporation Tax position, and the first Corporation Tax accounting period may not line up exactly with the statutory accounts period. Filing one does not complete the other.

Does a company that has not traded still need to file first-year accounts?

A company can still have statutory filing obligations even where it has had limited activity or has not yet commenced trading. Whether it can be treated as dormant for reporting purposes depends on its circumstances and the applicable rules, not simply on the absence of sales. A period with no significant accounting transactions should be reviewed on its facts rather than automatically labelled dormant, and the appropriate filing can then be prepared.

Can a new limited company in Stratford-upon-Avon qualify for micro-entity accounts?

It may be able to, but not automatically. The micro-entity framework, and FRS 105 as the standard applicable to qualifying entities using it, depends on meeting the eligibility conditions for the relevant accounting period. Low turnover alone does not guarantee eligibility, and a startup is not automatically a micro-entity. Where the framework does not apply, small-company or full reporting may be appropriate instead.

What happens if first-year accounts are filed late?

Missing the applicable filing date can lead to Companies House consequences, which are not identical in every case. Paying any penalty does not remove the requirement to file the outstanding accounts, and appeals are only possible in certain circumstances depending on the facts and the applicable rules. If your accounts are already overdue, it is usually better to address the position early rather than wait.