Statutory Accounts
Stay Compliant, Stay Confident with Expert Statutory Accounting Services
Take The Stress Out Of Your Finances - Let Us Handle The Books
Ensure your business meets all regulatory requirements with our reliable statutory accounting services. We handle everything from preparing accurate financial statements to ensuring full compliance with tax and reporting obligations. With us by your side, you can reduce risk, avoid penalties, and maintain complete peace of mind—leaving you free to focus on growing your business.
Our Statutory Accounts Services
Managing statutory accounts can be time-consuming and complex, but it’s essential for staying compliant and maintaining a clear financial record. At Black Bear Accounting, we take care of the entire process for you – accurately preparing, reviewing, and submitting your year-end accounts.
Whether you’re a small limited company or growing business, our expert team ensures your financial reporting meets all the legal requirements, while also giving you the insights you need to make informed decisions.
- Accurate Year-End Accounts Preparation
- Compliance With Accounting Standards
- Tailored Financial Insights
- Specialists in micro and small business compliance
- Mandatory disclosures
- Personal Support When You Need It
Still Got Questions? We’ve Got Answers
What are statutory accounts?
Statutory accounts (also known as year-end accounts) are a set of financial reports that limited companies must prepare and file annually with Companies House and HMRC. They show your company’s financial performance and position over the accounting year.
Who needs to file statutory accounts?
All limited companies in the UK are legally required to file statutory accounts, even if the business is not trading or considered dormant. Different rules may apply depending on the size and type of your company.
What’s included in statutory accounts?
They typically include a balance sheet, profit and loss account, notes to the accounts, and a director’s report. Micro-entities may be able to file simpler accounts, depending on their size.
When are statutory accounts due?
You must file your statutory accounts within 9 months of your company’s financial year-end. If you miss the deadline, you could face fines and penalties.
Can you help with dormant or micro-entity accounts?
Yes. We support all types of statutory accounts, including for dormant companies and micro-entities, and will advise on the best approach for your business.
Do I still need statutory accounts if I already do bookkeeping?
Yes. Bookkeeping tracks day-to-day finances, but statutory accounts are a formal, legal requirement and must follow specific formats and standards set by Companies House and HMRC.
Can you file the accounts on our behalf?
Absolutely. We’ll prepare and submit your statutory accounts to both Companies House and HMRC, ensuring full compliance and peace of mind.