The accounting requirements for private limited company businesses in the UK can seem complex and difficult to understand. Limited companies are legally required to prepare and file annual accounts to Companies House and HM Revenue and Customs (HMRC). Limited company accounting should provide a comp...

Annual accounts provide a comprehensive summary of a company’s financial position, health, and activities over a specific period. Typically, this will be a fiscal year, providing an easy-to-understand guide to the company’s performance. Limited company annual accounts provide a detailed overview...

Year-end accounts are a critical component of running a limited company. They provide a comprehensive overview of the overall financial health of the company, as well as ensuring transparency. Crucially, they’re required to ensure companies meet their statutory obligations. Understanding what’s ...