Choose Your Filing Depth
The standard you choose dictates how much of your financial performance becomes public record. Choosing correctly is a strategic decision.
Micro-Entity (FRS 105)
Simplified & Private
The most private way to report. Only a basic balance sheet is filed at Companies House. No public P&L.
Strategic Pros
- Lowest compliance cost
- Maximum margin privacy
- Minimal disclosure
Strategic Cons
- Limited credit visibility
- Cannot revalue assets
Small Company (FRS 102 1A)
Credit & Growth Ready
The standard for growing UK SMEs. Provides enough detail to build credit scores and satisfy lenders.
Strategic Pros
- Builds business credit rating
- Allows asset revaluation
- Standard for investors
Strategic Cons
- More detailed footnotes
- Higher preparation time
Your Duties Under the Companies Act
The Registrar of Companies and HMRC hold directors personally responsible for the integrity of their financial statements. We act as your technical shield, ensuring every duty is satisfied.
The Duty of Accuracy
Accounts must show a "true and fair" view. Errors can lead to HMRC investigations and personal director liability.
The Duty of Timeliness
Filing must occur within 9 months of year-end. Late filing triggers automatic fines and damages your credit history.
The Duty of Solvency
Dividends can only be paid if there are sufficient post-tax profits. Filing accounts proves your dividends are legal.
The Consequences of "DIY" Filing
Automatic Penalties: Fines start at £150 for 1 day late and jump to £1,500 for 6 months.
Strike-Off Risk: Failure to file prompts Companies House to close your business and seize its assets.
Loss of Protection: Serious errors can pierce the "Corporate Veil," exposing your personal assets to creditors.
Precision Preparation
Digital Recon
We sync your cloud data (Xero/QBO) and reconcile every balance sheet item.
Technical Review
Accounting standards (UK GAAP) applied to ensure a True and Fair view.
Tax Optimisation
We audit your P&L for Capital Allowances and reliefs before finalizing profits.
iXBRL Filing
Simultaneous digital submission to Companies House and HMRC (CT600).
Common Questions
For private limited companies, accounts must be filed at Companies House within 9 months of your company's financial year-end. Late filing results in automatic penalties.
Not necessarily. If you qualify as a 'Micro-Entity' or 'Small Company', you can choose to file 'abridged' or 'filleted' accounts, which keep your Profit & Loss statement private from the public register.
Directors are legally responsible for the accuracy of accounts. Errors can lead to HMRC investigations, fines, and in severe cases, personal liability or strike-off action.
Yes. We evaluate your turnover, staff headcount, and strategic goals (like seeking investment or building credit) to recommend the optimal framework (e.g., FRS 105 vs FRS 102 1A).
