Statutory Accounts

Every UK company, charity and, indeed, branch of an overseas company needs to produce year end statutory accounts for filing at Companies House or the Charity Commission, as well as for their directors, shareholders and other stakeholders.

The various changing formats and options can lead to confusion and the preparation of the statutory accounts can feel like a huge hurdle for your finance team.

Under the relatively new UK financial reporting regime there is a bewildering array of options in relation to the form of annual statutory accounts that you can or must prepare, many of which depend upon the size of your company. The format of the accounts ranges from Micro-Entity Accounts (FRS 105) through to accounts prepared under EU-adopted International Financial Reporting Standards (IFRS).

We can take away the pain of getting your annual statutory accounts completed accurately, using the right format for your business and on time. Our skilled team receive regular updates to ensure that they are up to date with all the issues and the latest guidance. Our staff have a wealth of experience to advise you on preparation of annual statutory accounts so the results are fully compliant with the rules applicable to your business and which present your company in the best possible light to the public, to your shareholders and to other stakeholders, such as your bankers.

For more information please contact Luke Bath or Sudheer Gupta