Year End Financial Accounts

For all companies, the Year End is the completion of the accounting period. It does not necessarily correlate with the calendar or fiscal year, but instead is usually set according to when the Company was incorporated.

Legally, you have to submit your Year-End accounts (along with the Corporation tax return for Limited companies, LLP’s, PLC’s etc) to HMRC within 12 months of your Company’s Financial Year End date.

To further complicate matters, all Corporation Tax due to HMRC needs to have been paid and your Statuary Accounts filed with Companies House within 9 months of your Companies Financial Year End date…… Confused?

We can help.

Here at Barnstone Accountancy our ethos is to take the fear out of Tax and Accountancy for our Clients and that certainly applies at year end.

Unfortunately the End-of-Year accounting process is a necessary evil that is neither simple nor easy because it involves drawing on many different sources of information to get an overall and accurate picture of your Business.

By electing to use our Year End Financial Accounts Service we can provide you with an all-encompassing and timely one-stop solution to your Annual reporting. This service includes the following:

• Carry out all of your bookkeeping across the Financial year

• Analyse all the necessary figures

• Turn these figures into a full set of accounts

• Produce your tax return

• Send it over to you to ensure that you are happy with the return and ask you to sign approval

• Submit everything to HMRC and Companies House on your behalf via our dedicated Agent Portal

We also appreciate that not everyone needs or wants such an all-embracing service, so Barnstone can instead offer as little or as much assistance as your Business requires. For example, your Business may already have a robust Bookkeeping mechanism therefore we can utilise that data to develop your Year End Accounting and taxation return.

Whatever your needs, you can always be assured that Barnstone Accountancy will support you with a cost and time efficient solution to your End of Year requirements.

No fuss, jargon free and easy to understand.