Company accounts

You must submit accounts to Companies House and HMRC every year. Even if your company has not traded, you still need to submit accounts. In the majority of cases, accounts can be filed online. If you have any questions that are not answered below, please contact us. The company accounts is separate to the confirmation statement.

Active accounts

If your company has traded in the last year, you need to file accounts. There is more information about this on the Companies House website. We recommend that you use an accountant to help you with your company’s accounts and tax. Please contact us if you would like a referral.

Whilst we can’t file active accounts for you, if we act as your company secretary, we will keep you and your accountant informed of accounting deadline dates and communication from Companies House and HMRC relating to your company’s accounts and tax.

Dormant accounts

If your company has never traded, we can file dormant accounts on your behalf. We can do this as part of the company secretary service or as a one-off. Please contact us if you would like us to file your dormant accounts as a one-off.

Your company counts as dormant if:

  1. No invoices have been issued
  2. The company either does not have a bank account or, if it does, it only holds a small ‘opening balance’ that you have deposited from your own funds

Zero accounts

If your company has previously traded but has not traded in the last year, we can file zero accounts on your behalf. As with dormant accounts, we can do this as part of the company secretary service or as a one-off.

CIC accounts

Accounts for community interest companies cannot be filed online – they have to be filed on paper. In addition, accounts need to be submitted with a special report (form CIC34) to the CIC Regulator. More information can be found on the gov.uk website.

Late filing

You have nine months from the end of your financial year to prepare and file your accounts. If your accounts are filed after this date, there will be a fine to pay. The fine amount will depend on how late the accounts are. More details and fine amounts can be found on the Companies House website.

Accountants

We recommend that you use an accountant to help you with your company’s accounts and tax. Please contact us if you would like a referral. If you use our registered office service, we can forward post from HMRC directly to your accountant. If you use our company secretary service, we will contact your accountant when your accounts are due to be filed, to ensure that everything is going smoothly.

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