Statutory annual accounts are a type of financial filing requirement you will have to complete as part of running a limited company. It is often confused with the company tax return because the two are usually submitted together and are produced based on similar information from your business’ financial reports. Nevertheless, the two are distinct and separate, and both must be completed as part of your legal obligations as a company director.

Trust us to get it right and put everything you need for your statutory annual accounts together:

  • a ‘balance sheet’ or Statement of Financial Position, 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’ or Income Statement, which shows the company’s sales, running costs and the profit or loss it has made over the financial year
  • any explanatory notes about the accounts that may be needed
  • a director’s report
  • an auditor’s report if required
  • a condensed version if your limited company is dormant

We’ll also help you submit to Companies House and to HMRC as part of your company tax return, as well as remind you to provide a copy for all your shareholders or people who are eligible to attend the company’s general meetings.

statutory accounts

Find Out More

Why use Ridgefield Consulting

Ridgefield Consulting is a firm of chartered accountants accredited by the ICAEW and are therefore held to a continual high standard of conduct. We guarantee that all work completed for your statutory annual accounts will meet approved standards – either the International Financial Reporting Standards or New UK Generally Accepted Accounting Practice.

How much does Ridgefield Consulting charge for completing statutory annual accounts?

Ridgefield Consulting does not operate on fixed-fee charges. That’s because we don’t believe anyone should have to pay for more than what they need. Instead, we invite all new clients to a complimentary consultation where we can find out more about your business and needs. We’ll assess the complexity of work involved to complete your annual accounts and provide you with a line-by-line quote (usually within two working days) so that our fee is completely transparent to you.

Who does Ridgefield Consulting work with?

Ridgefield Consulting is based in Oxford. Established in 2010, we have a longstanding history of supporting local businesses and start-ups. We continue to grow rapidly and now serve companies of all sizes from sole directors to companies with over 100 employees. Our reach has also grown, and we have full capabilities to serve those in the Oxfordshire region as well as clients nationally and internationally.

Our team have a wealth of experience with supporting businesses from all sectors including hospitality, retail, education, charities and more. We particularly specialise in providing innovation funding services for those carrying out research and development in their fields.

We’d like to welcome all clients, no matter the background, to a free consultation. Our clients have found that this has been the best way to see if we’re the right fit for them.

What are the benefits of using an accountant for my annual accounts?

By working with us as your accountants, you’ll be able to focus on what you do best – running your business. We’ll work tirelessly behind you to ensure annual obligations are covered, from providing timely reminders of deadlines to submitting on your behalf. Not only that, but we’ll be on hand to provide any further clarification you may need on your financial reports so that you understand exactly what position your business is in.

> What to do if you want to use Ridgefield Consulting

 

The very first step is to get in touch with us! Give us a call or complete the contact form below. Let’s arrange a convenient time for you to meet with us and go from there.

Contact

Contact form
  • This field is for validation purposes and should be left unchanged.
Back to top
Get in touch