First-year accounts for limited company in Sunbury-on-Thames

First-year accounts for new Sunbury-on-Thames companies

Your first accounts normally cover a little over twelve months, running from the day you incorporated to your accounting reference date, and the period can never be longer than 18 months. For most companies the first accounts are due 21 months after incorporation. You must also register for Corporation Tax within three months of starting to trade.

First company accounts for Sunbury-on-Thames businesses: local facts

Sunbury-on-Thames is in the Spelthorne council area, in the South East region. ONS figures for 2026 count 4,710 VAT- or PAYE-registered businesses in Spelthorne, and 4,355 of them (92%) employ fewer than ten people. Many are small enough to use the micro-entity regime.

The largest groups of micro businesses in Spelthorne are construction (905), wholesale and retail (620) and professional, scientific and technical services (610). If you work in construction in Sunbury-on-Thames, Construction Industry Scheme deductions, retentions and stage payments can distort profit, so we reconcile your CIS statements before the accounts are prepared. That puts construction at 21% of the local micro-business base.

Zooming in, the ONS neighbourhood area around Sunbury-on-Thames (Spelthorne 010) has 485 VAT- or PAYE-registered businesses, and 450 of them (93%) are micro businesses.

Spelthorne ranks 814 of the 1105 areas we serve by number of micro businesses, and its micro share of 92% is above the 89% average across them. In wholesale and retail (620 micro businesses in Spelthorne), closing stock and the VAT treatment of different product lines are the usual pressure points, so we value stock carefully and check your VAT records. In professional, scientific and technical services (610 micro businesses in Spelthorne), fee income, work in progress at the year end and how directors are paid are the key decisions, so we plan these with you before the accounts are finalised.