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Statutory Accounts Services in London
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Are you looking for an affordable statutory accounts services in London or anywhere in the UK? Whether you are a small business owner, freelancer, contractor or limited company director, our expert team of accountants will ensure your statutory accounts are accurate, fully compliant and submitted on time to HMRC and Companies House. Giving you complete peace of mind.
Our Statutory Accounts Services
Annual accounts prepared, checked and submitted to Companies House
Accounts submitted punctually and professionally
Expert tax advice minimises liability and identifies areas to help plan future business improvements
Financial statements and abbreviated accounts ensure minimum financial information is disclosed
Compliance with Companies House and UK law guaranteed
Statutory auditing services available where applicable
Who We Help
Statutory Accounts for
Small Businesses & Startups
We simplify statutory reporting for startups and growing businesses, ensuring full compliance and freeing you to focus on growth.
Limited Companies and E-commerce Businesses
We handle complex company structures and high-volume e-commerce operations with precision.
Statutory Accounts for Freelancers and Contractors
Self-employed professionals across the UK rely on our tailored services for timely submissions and stress-free accounting.
Next Step:
Please contact us if you need further Statutory Accounts advice have any questions about our services, or would like a free consultation or a fixed quote.
What are Statutory Accounts?
Company accounts or statutory accounts consist of a set of statements which is prepared usually at the end of the year. These statements offer summaries of business organization’s performance and its state of financial health. These are mandatory for limited UK companies and must be submitted to Companies House and HMRC.
Statutory accounts typically include:
Balance Sheet: This shows the current balances of assets, liabilities, and equity at the end of the financial year.
Profit and Loss Account: This shows the income statement and the net profit or the losses incurred in the year under consideration by the firm.
Cash Flow Statement: This help in tracking of the cash flow of the business’s operation, investment and financing.
Notes to the Accounts: These supplement more information and context to the financial statements, which involves the policies of the financial statements and an explanation of the numbers.
Statutory Accounting must be prepared because the shareholders, creditors, and regulatory bodies must have useful information about the company.
Why Choose Our
Statutory Accounts Services?
Selecting the most appropriate accountancy firm to source statutory accounts significantly impacts the work’s quality, legal compliance, and productivity. Here are some reasons to choose IBISS & Co:
Expertise and Experience
Specialists in working with small businesses and self-employed professionals. Our accountants at IBISS & CO. are professional and capable of delivering statutory accounts services to companies in diverse fields. Their specific knowledge makes them abide by the current legal provisions and rules on accounting.
Personalised Service
IBISS & CO acknowledges the fact that each form of the business is different from the other. They have personalized solutions that relate to the specifics of your business, requiring them to give you valuable information for choosing the best financial strategies.
Attention to Detail
Statutory requirements also play a major role in preparing accounts, and it is essential so that people who invest their money can trust that firm and the authorities who break the law do not take advantage of them. IBISS & CO employs a very effective method that ensures every figure provided in your financial statement is checked severally and verified.
Timely Delivery
Access our services online from anywhere in the UK. It is crucial to meet statutory deadlines since failure to do so will invariably attract a penalty. IBISS & CO thus ensures that you receive your accounts on time and fulfill all the filing requirements.
We are trusted by hundreds of SMEs for our reliable and cost-effective statutory accounts services in London, Birmingham, and beyond.
Filing Statutory Accounts with Companies House Made Easy
Filing statutory accounts doesn’t have to be stressful. We:
- Guide you through the entire process
- Ensure timely submissions to HMRC and Companies House
- Provide detailed breakdowns of profit and loss, balance sheets, and notes
Our support ensures you avoid penalties and maintain good standing with authorities.
The IBISS & CO Process
The process IBISS & CO follows for preparing statutory accounts is designed to be efficient and comprehensive:
Initial Consultation
The procedure begins with an initial consultation to understand the client’s business, its financial operations, and its expectations and worries.
Data Collection
Every dollar needed is collected – bank statements, invoices, receipts, and even previous financial statements, if any- to ensure nothing is left out and to paint a clear picture of the financial year.
Preparation of Draft Accounts
Based on the gathered data, IBISS & CO. creates the first version of the statutory accounts, which should be published. This is done to check with you for accuracy or to discuss further details, problems, or changes with the draft.
Finalisation and Review
The adjusted trial balance is then prepared to recheck the balances in the ledgers after adjustments are made and the final accounts are prepared. A detailed check confirms that all the details are correct to meet the set requirements and avoid violating the set regulations.
Filing and Submission
After reviewing, IBISS & CO submits the statutory accounts to Companies House and HMRC since all your business’s filing deadlines must be followed.
Initial Consultation
The procedure begins with an initial consultation to understand the client’s business, its financial operations, and its expectations and worries.
Data Collection
Every dollar needed is collected – bank statements, invoices, receipts, and even previous financial statements, if any- to ensure nothing is left out and to paint a clear picture of the financial year.
Preparation of Draft Accounts
Based on the gathered data, IBISS & CO. creates the first version of the statutory accounts, which should be published. This is done to check with you for accuracy or to discuss further details, problems, or changes with the draft.
Finalisation and Review
The adjusted trial balance is then prepared to recheck the balances in the ledgers after adjustments are made and the final accounts are prepared. A detailed check confirms that all the details are correct to meet the set requirements and avoid violating the set regulations.
Filing and Submission
After reviewing, IBISS & CO submits the statutory accounts to Companies House and HMRC since all your business’s filing deadlines must be followed.
Statutory Accounts FAQs
The statutory accounts are filed, though, taking an average of nine months after the year-end to do so. For instance, if the net of the company is of the financial year ending on 31st December then it is recommended that the accounts of the company are to be filed the Next year before 30th September.
However, as will be observed if an organisation files for an event, and fail to do so before the time of filing, penalties/fines are paid.
Certainly, but at IBISS & CO, we have great experience preparing statutory accounts for businesses of all sizes, including small and medium enterprises. This guarantees the satisfaction of the client’s needs as everyone is given explicit attention.
Indeed, even if a company is nonactive, statutory accounts must be prepared and filed. However, the requirements are simplified and IBISS & CO has helped.
Our service includes:
- Profit and loss account
- Balance sheet
- Director’s report (if applicable)
- Submission to Companies House and HMRC
Therefore, to begin with, one can telephone IBISS & CO to make an appointment for the first interview. They will assist you in all processes and all the statutory account work.
CONTACT US
Confused Where To Start?
Schedule a Free 15-minute discovery call by providing your contact details, mentioning your requirements, and selecting a convenient date for the call.
How our discovery call works:
- Complete Our Contact Form
- Discovery Calls Scheduled
- Receive a Tailored Proposal
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Call Us
IBISS Offices Location
- 188 Mitcham Road Tooting London SW17 9NJ
- 0208 626 7098
- 0203 808 0999
- tax@ibissandco.com
- Schedule A Meeting
Accountants in Tooting
- 48 Cambridge Rd, Barking, IG11 8NW
- 0203 393 1654
- 0208 626 7098
- essex@ibissandco.com
- Schedule A Meeting
Accountants in Barking & Essex
- 21 Hyde Park Rd, Burley, Leeds LS6 1PY
- 0113 247 0505
- 0113 322 0502
- Contact@ibissandco.com
- Schedule A Meeting
Accountants in Mayfair
Accountancy Advice
Do you wish you could spend less time
worrying about liabilities and more time
growing your business? Our free consultation
- Understanding your business
- Tailored Advice
- An accurate financial service
- Great value for money
Free /One hour
Tax Advice
Whatever your taxation needs we offer guidance and support in meeting your legal obligations while reducing your resultant tax.
- Analysing your tax problem
- Finding a solution
- Tailored Advice
- Fixed Fee Quote
150 £ /Hour
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