E&C Expert.Cont are experts in helping contractors, freelancers, and independent consultant operating throughout limited companies
We will take care of your company accounts and corporation tax compliances.
Annual accounts – called “statutory accounts” – are prepared from the company’s financial records at the end of your company’s financial year. You have different deadlines for sending your accounts to Companies House and your tax return to HMRC. Annual accounts provide a comprehensive report of a company’s financial activity over the last financial year. The information in the accounts will be used to prepare a company Corporation Tax return for HMRC and estimate the amount of corporation tax owed by a company.
What is included in Annual Accounts?
•a balance sheet, which shows the value of everything the company owns, owes and is owed on the last day of the financial year.
•a profit and loss account, which shows the company’s sales, running costs and the profit or loss it has made over the financial year
•notes about the account
The balance sheet must have the name of a director printed on it and must be signed by a director.