My company’s financial year-end is approaching, and I’m unsure about the process of preparing and filing annual accounts. What steps should I follow to ensure compliance with Companies House requirements?
Answer by: abdullah-al-naim
3 months ago
To prepare and file your annual accounts:
Compile Financial Statements: Prepare a balance sheet, profit and loss account, and any necessary supporting notes.
Director\’s Report: Include a report outlining the company\’s performance and principal activities during the financial year.
Approval: Ensure the accounts are approved by the board of directors and signed on behalf of the company.
Submission: File the accounts with Companies House within nine months of your company\’s financial year-end.
It\’s advisable to use accounting software or consult with a professional accountant to ensure accuracy and compliance with UK GAAP or IFRS standards.
