Statutory AccountsYour company’s end of year accounting compliance calls for an accurate preparation of the business annual statutory accounts and their timely submission to Companies House, as well as to HMRC as part of your corporate tax returns.

Filing correctly prepared statutory accounts requires professional expertise and knowledge. Our qualified accounting team can advise you on whether you are liable to fulfil these annual regulatory requirements. We will assist you with the company statutory accounts preparation and file the reports with the governmental authorities on your behalf.

Statutory Accounts Preparation with Tax Navigator

Tax Navigator can be your accounting assistant and agent before relevant government agencies when it comes to closing your company’s financial year correctly. The annual statutory accounts are due for submission 9 months after the end of the accounting year unless you are filing your first annual accounts when this period may be slightly longer.

Small businesses may only need to prepare and submit abridged or abbreviated annual accounts. This allows smaller companies and micro business entities to disclose less accounting information before the Regulatory Authorities by omitting, for instance, their profit and loss account from the annual accounts report.

Tax Navigator will identify these year end accounting specifics for you and will help you meet on time your annual accounts compliance needs.

Your statutory account service includes:

  1. Proficient preparation of the statutory accounts, based on the company’s financial records for the respective accounting year (the balance sheet, the profit and loss account, etc.)
  2. Submission of your annual accounts and tax returns to Companies House and HMRC on time for you.
  3. Advice on relevant changes and recent updates to the legislation, as well as information on revisions to accounting standards, made by the FRC.

Additional Services to Your Annual Accounts Compliance

Your company statutory accounts preparation is included in the customised accounting packages we offer to limited companies. However, in order to produce your company annual accounts accurately, Tax Navigator’s accountants will need up-to-date financial records from the company books.

Not all business owners have the provisions to tackle the time-consuming and burdensome bookkeeping tasks. And prompt and precise bookkeeping is an important prerequisite to the production of correctly prepared statutory accounts and corporation tax returns. Our accounting experts can provide you additionally with a comprehensive bookkeeping service to the highest industry standards. Please, note that 1 hour of bookkeeping per month is included in your Privilege accounting package.

Furthermore, your annual accounts obligations include filing a company confirmation statement (previously known as annual return) to Companies House. Tax Navigator files this information report on your behalf if you opt for our Venture or Privilege accounting packages. Our Vital package covers the above at an additional cost.

You can read some of our UK customers’ reviews below:

I’ve been working as a self-employed window cleaner for over two years and always had trouble getting my self assessment return done on time and filled correctly. A mate of mine recommended your accountants and I have to say, no regrets whatsoever. Thanks, guys, for being so easy going but professional at the same time. I never knew that there were ways to save on tax through claiming legit expenses. Cheers!

John-Paul Mayers

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Iskren Ruskov, Irus Household Ltd

We been employed in UK but got tired from work for someone and decided that we must to try to work for us. We are Polish and my wife was very good baker. And we open a small cake shop in London but the papers and documents for the business are very hard to understand. And Tax Navigator help us very much. Your prices are very good and it is included with everything that the shop need in the accountancys. We don’t write very much English and it was very good that you write for us on HMRC. It is very nice to work business with you. Thank you

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The partnership between „Gelma Services Ltd”, the company I represent, and „Tax Navigator” started about 8 months ago. At the beginning when choosing them I relied mostly on my intuition as both companies have been quite new. However, for me, our first few conversations appeared to be enough to decide to trust their team. Here are some of the main reasons to believe that my choice of tax and accounting consultant was right: + The unquestionable competence of the executive team + Clear and comprehensive response to all my queries + They deal quickly and competently with all the specific issues of their work field That is more than enough for me to remain a satisfied client of “Tax Navigator”.

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It is a great relief to find affordable help with my bookkeeping, which I’ve always found excruciating to deal with. Your accountant Iva is very friendly, competent and helpful. I would bother her with all sorts of questions but she is always there with the right answer. Thank you, Iva! Great service, Tax Navigator! Will recommend.

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