─── SPECIALIST MICRO-ENTITY ACCOUNTANTS IN LONDON

FRS 105 Micro Entity Accounts in Pocklington

FRS 105 Micro Entity Accounts in Pocklington are prepared under the UK financial reporting framework that applies to qualifying micro-entities which have chosen to use the micro-entities regime. FRS 105 is the most streamlined reporting standard available for very small companies, and it sets out how the financial statements should be recognised, measured and presented. Professional preparation helps ensure the accounts are put together appropriately for your company’s particular circumstances, reflecting its trading activity, assets, liabilities and the accounting policies it has adopted. It also helps keep the figures consistent from one year to the next and makes sure the information presented in the accounts is clear and understandable to the people who rely on them. If you run a small limited company in or around Pocklington, we can talk you through whether the regime may be suitable, what the accounts involve and how they fit alongside your other filing obligations.

🔥 SAVE £100.00

FRS 105 Micro-Entity Accounts

(Turnover up to £100K)

£499.00

£399.00

+vat

FRS 105 accounts preparation
Accounting records review
Micro-entity eligibility review
Companies House filing where applicable
Corporation Tax support where included
Director review
FRS 105 accounting support

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 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.

─── FRS 105 EXPLAINED

FRS 105 Explained: The UK Micro-Entities Regime in Plain English

FRS 105 is the financial reporting standard for UK micro-entities. In simple terms, it is the rulebook that says how a very small company’s annual accounts should be put together — what figures go where, how items are measured, and what notes need to be included. It works alongside the UK micro-entities regime, which is an accounting regime a qualifying company can choose to apply. If a company qualifies for that regime and decides to use it, FRS 105 is the standard it applies when preparing its annual financial statements. FRS 105 is designed to be simpler than the fuller reporting standards, so the accounts tend to be shorter, with fewer disclosures and less complex measurement rules, which can make them more straightforward to prepare and to read. Importantly, the micro-entities regime is a choice rather than an automatic entitlement: a company must meet the qualifying conditions and not fall within any of the exclusions, and it can instead apply one of the other available frameworks. FRS 105 Micro Entity Accounts in Pocklington are therefore about matching the right reporting framework to the company, not simply assuming every small company fits.

Who Can Use FRS 105 in the UK? Companies That May Qualify for the Micro-Entities Regime

FRS 105 is intended for companies that qualify for the UK micro-entities regime and decide to apply it — it is not open to every small business by default. For accounting periods beginning on or after 6 April 2025, a company generally needs to meet at least 2 of the 3 applicable size conditions: turnover of no more than £1 million, a balance sheet total of no more than £500,000, and an average of no more than 10 employees during the period. Those thresholds are a starting point rather than the whole test. Separate eligibility rules, exclusions and anti-avoidance provisions can apply, and certain types of company are not permitted to use the regime at all, regardless of how small they are. Where a company does qualify, applying the micro-entities regime remains a choice, and the alternative frameworks may suit some businesses better. If you are unsure where your Pocklington company stands, we can look at your figures and circumstances and explain the options available to you.

A company generally needs to meet at least 2 of these 3 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)

─── What We Review

Everything Your Micro-Entity Company Is Required to Get Right

Most compliance problems are not deliberate. They come from a missed deadline, an accounts template that no longer matches FRS 105, or dividends taken without the paperwork to support them. Our review covers each area in turn and reports back in plain English.

FRS 105 Balance Sheet

A statutory balance sheet prepared to the FRS 105 format, using the reduced disclosure the micro-entities regime allows.

Profit & Loss Account

A profit and loss account prepared for your own records and for your Corporation Tax computation, without public filing.

Required Notes & Disclosures

Preparation of the notes and disclosures required for the company's accounts under the applicable reporting requirements.

Corporation Tax Support

Separate Corporation Tax support can be provided where included in the agreed service. The Corporation Tax calculation is governed by tax rules rather than FRS 105.

Companies House Filing

Your FRS 105 accounts filed with Companies House in the correct format, before your accounts filing deadline.

Director Copy Pack

A full signed copy of your accounts and tax return, ready for your bank, mortgage lender or accountant records.

─── How It Works

How Our FRS 105 Preparation Process Works

Share Your Records

Send your bank statements, sales and purchase records, expenses and payroll details through our secure digital platform.

We Prepare Your FRS 105 Accounts

Our accountants confirm you qualify for the micro-entities regime, then prepare your accounts and CT600 from your records.

Review & Approve

We send draft accounts with clear explanations of the figures, and adjust anything before anything is submitted.

We File Where Required

Once approved, we can assist with the relevant Companies House filing and any separately agreed tax submission.

─── WHY CHOOSE US

Why Choose Our FRS 105 Accountants?

We keep micro-entity accounts straightforward, transparent and easy to manage for busy company directors.

FRS 105 Accounts Support

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.

Clear, Transparent Pricing

One transparent fixed fee covers preparation, the tax return and both filings. No hourly billing.

─── WHO WE HELP

FRS 105 Support for Micro-Entities Across the UK

From one-director businesses and freelancers to startups, consultants and online businesses that qualify for the micro-entities regime.

One-Director Companies

Straightforward FRS 105 accounts and Corporation Tax filing for owner-managed limited companies.

Freelancers & Contractors

Accounts and compliance support for contractors trading through a qualifying limited company.

Startups & Small Companies

Practical support for newly incorporated companies filing their first set of micro-entity accounts.

Dormant & Low-Activity Companies

Dormant company accounts and FRS 105 accounts for LLPs that meet the micro-entity thresholds.

Accurate, Professionally Prepared FRS 105 Micro Entity Accounts

Properly prepared FRS 105 accounts start with well-kept financial records. We work from your bookkeeping, bank and sales information, purchase records and supporting documents to build a set of financial statements that reflects your company’s position in line with the reporting requirements that apply to it under the micro-entities regime. That means preparing the balance sheet and the notes required by FRS 105, and making sure the figures are presented consistently and explained clearly. The accounts themselves are a financial reporting document; filing them at Companies House is a separate statutory step, and a Corporation Tax Return (CT600) is a separate submission made to HMRC. Directors remain responsible for the accounts and for the company’s filings, and professional involvement is about careful, accurate preparation rather than any form of approval or endorsement by a regulator. Our role is to prepare the FRS 105 Micro Entity Accounts in Pocklington carefully and to keep you informed about what is being filed and why.

ICAEW

ACCA

AAT

Talk to Us About Your FRS 105 Micro Entity Accounts in Pocklington

If your company may qualify for the micro-entities regime — or you are already using it and want your FRS 105 Micro Entity Accounts handled carefully — get in touch and let’s talk it through. Tell us a little about your company, including what it does, your accounting period dates, the framework used for your most recent accounts, and how your records are kept. From there we can look at your circumstances, explain how FRS 105 would apply to your financial statements, and set out clear, transparent options for preparing the accounts. There is no obligation and no pressure: the first step is simply a conversation about where you are now and what the accounts need to include.

─── FAQs

FRS 105 Accounts Preparation 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 is FRS 105?

FRS 105 is the UK financial reporting standard that applies to micro-entities. It sets out simplified rules for recognising and measuring items in the accounts and for the disclosures that accompany them. It is written specifically for very small companies, so the resulting financial statements are usually shorter and less complex than those prepared under the fuller standards.

Who can use FRS 105?

FRS 105 is available to companies that qualify for the UK micro-entities regime and that choose to apply it. Qualifying is not just about size — other rules and exclusions can apply, and some companies are prevented from using the regime regardless of their figures. Even where a company qualifies, applying the regime is a choice, so the first step is to confirm eligibility and then decide whether FRS 105 is the right framework for that company.

Is FRS 105 compulsory for every micro-entity?

No. Qualifying for the micro-entities regime does not force a company to use FRS 105. A qualifying company can generally choose between the micro-entities regime and other available frameworks, such as the small companies regime under FRS 102 Section 1A. Once a framework is chosen, it should be applied consistently, and changing framework is something to consider carefully because it affects how the accounts look and how figures are presented.

What are the current micro-entity eligibility criteria?

For accounting periods beginning on or after 6 April 2025, a company generally needs to meet at least 2 of the 3 applicable size conditions: turnover of no more than £1 million, a balance sheet total of no more than £500,000, and an average of no more than 10 employees. Meeting those size conditions is not the whole story, because other eligibility rules and exclusions also apply, so eligibility should always be checked against the company's specific circumstances.

What is the difference between FRS 105 and FRS 102?

FRS 102 is the fuller UK financial reporting standard, and it includes a section specifically for small entities. FRS 105 is the most streamlined option, with simpler measurement requirements and fewer disclosures. In practice, that means FRS 105 accounts tend to be shorter and less detailed than FRS 102 accounts, and some accounting treatments available under FRS 102 are not available under FRS 105.

Do FRS 105 accounts need to be filed with Companies House?

Yes — companies file their annual accounts with Companies House, and for a company using the micro-entities regime those accounts are prepared under FRS 105. FRS 105 governs how the financial statements are prepared; the filing obligation itself comes from company law. A company using FRS 105 may be able to file a simplified version of the accounts, but the filing still needs to be made and the accounts must be prepared correctly first.

Is a Corporation Tax Return (CT600) separate from FRS 105 accounts?

Yes, they are two separate things. FRS 105 accounts are the company's financial statements, prepared under the micro-entities regime and filed at Companies House. A CT600 is a Corporation Tax Return submitted to HMRC to report the company's taxable profits. The accounts are usually the starting point for the tax return, but tax adjustments can mean the taxable figure differs from the profit shown in the accounts, and the two filings are made to different bodies.

Can a new limited company use FRS 105?

A newly incorporated company can use FRS 105 if it qualifies for the micro-entities regime and chooses to apply it. In the first accounting period the size conditions are assessed in line with the applicable rules, and the exclusions still apply, so a new company is not automatically a micro-entity. If it does qualify, FRS 105 can be used for the first set of accounts, which is often a sensible time to settle on a reporting framework.