Statutory accounts

Statutory Accounts

Statutory Accounts, also referred to as ‘Year end Accounts’ or ‘Annual Accounts’ are a set of financial reports required to be prepared and submitted to Companies House by all limited companies. A limited company is required to submit this set of reports to Companies House within 9 months of the business year end. The business year end will be set by Companies House upon incorporation and can be changed if required.

A copy of the statutory accounts must also be sent to:

All shareholders in the business
Anyone who attends the company general meetings
HMRC (as part of the Corporation Tax return)

What do the statutory accounts include?

A directors report
A profit and loss account
A balance sheet
Notes about the accounts
Important disclosures for the users of the accounts

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Why use AGILE for my statutory accounts preparation?

As with many areas of accounting and tax, there are so many important factors to consider when preparing statutory accounts.
Given this, we would recommend these are completed by a trained and competent professional. This is the reason accountants do years of exams, to ensure that they have the capabilities to prepare these documents accurately.

At AGILE we have a team of competent professionals who can prepare your statutory accounts to the highest standard.
Each set of accounts will be reviewed and signed off by a qualified accountant, and as a firm we are regulated by a professional body – therefore you can have peace of mind that they have been done correctly.

The statutory accounts submitted to Companies House will be publicly available (yes that means your nosey neighbour can see them!), therefore it is important that the information is not only accurate but minimal as possible. We frequently see accountants that over-disclose in the accounts and this can involve sensitive information that the directors may not want to be publicly available – we can work with you to ensure this doesn’t happen.

Finally, the directors of the business are ultimately responsible for the information submitted to Companies House, therefore it is imperative that you are satisfied with the reports as incorrect filings could lead to fines and legal action. It therefore makes sense to find a qualified and regulated accountant to prepare the statutory accounts for you (look no further, you’ve already found us!).

Our fast track service

Get your accounts prepared within an impressive 5 working days (subject to client onboarding and providing the necessary information), ensuring you stay ahead of deadlines. With a bespoke timetable tailored to your needs, we guarantee that agreed milestones will be met, leaving no room for delays. Say goodbye to uncertainty with our fixed fee quote, providing you with transparency and peace of mind. Whether you require an R&D claim submission, have overdue accounts/tax returns, or need accounts to support a mortgage or funding application, our fast track service is here to propel you forward.

The AGILE approach

As a digital firm, we prioritise efficiency and convenience. Say goodbye to paper-based processes! Our accounts are issued digitally via a secure client portal, allowing for electronic signatures and eliminating the need for postal delivery. With our online accounting, seamless bookkeeping, and reliable payroll services tailored to your business needs, you can streamline your operations and focus on growth. Embrace the digital advantage and experience the ease and efficiency of our modernised approach to accounting.

Fixed timetable

Fixed fees

Fast track service

Meet your team

We’re always just a phone call away

James Faulkner
ACCA

Founder & Partner

Adam Wright
FCCA FMAAT

Founder & Partner

Dan Ross
MAAT

Small Business Accountant

Jack Taylor

Trainee Accountant

Anish Sroay

Accounts Assistant

Bethan Wright

Office Manager

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I highly recommend their exceptional services. I have been working with them for over a year now, and I am impressed with their professionalism, expertise, and attention to detail. The team is knowledgeable and experienced in all aspects of accounting. They have helped me with everything from bookkeeping to tax planning, and they always provide clear and concise advice that is easy to understand. What I appreciate most is their commitment to their clients. They take the time to understand my business and tailor their services to meet my specific needs. They are always available to answer my questions and provide guidance when I need it. Overall, I am extremely satisfied with the services provided. They have helped me to streamline my accounting processes and save time and money. I highly recommend them to anyone in need of accounting services.

As a busy content marketing agency director, I was in desperate need of an accountant to help me manage my business finances. AGILE Accountants were recommended to me in early 2021, and they are undoubtedly one of the best small business accountants around. They do everything with excellence, even when I make their job harder by not being as proactive as I should. The team are responsive and always available, helping me to manage my business finances and tax returns, leaving me to run my company knowing the accountancy is in safe hands. I can't sing their praises enough. As a words man numbers aren't my thing, but AGILE helps me to understand what's what without sounding patronising. They offer an incredible customer experience from onboarding to getting on with the job. The standards they set are a credit to the accounting industry. With AGILE, your accounting needs are in great hands.

We moved to AGILE in late 2021, and we've been delighted ever since. Nothing is ever too much trouble. Our accounts are relatively simple, but we're prone to throwing the odd curveball - and AGILE handle these well. AGILE really know what they're doing, and they have a host of partners for all other financial queries we might have. We love how every conversation ends with - 'is there anything else we could be helping with'.

I have been using AGILE Accountants for almost two years now. I would highly recommend them to my network. The entire team is professional, reliable and responsive. They are always happy to answer any questions I have and are also very honest and transparent with me when I'm looking for advice. If you're a business owner, just starting out or with years of trading, I would highly recommend AGILE and their team!

I was facing some complications with my self-assessment & tax returns. However, the team at AGILE did really give me peace of mind and quickly took action to get things straight. Special thanks to Adam and Dan for their support and friendly communications.

Outstanding services (hidden gem) - thank you Adam, James and Ben! Fresh and innovative approach to accountancy. Excellent cloud based solutions from quickly filing invoices to a very professional end of year tax advice. Their customer service, attention to details and responsiveness is very impressive. They are Always available for advice. They have been helpful and transparent with costs throughout. Extremely knowledgable in all areas from simple accounting matters to complex queries, great collaboration where we can rely on speed. I highly recommend AGILE Accountants - the most cost effective time saving service provider

I had limited experience with other accountants and had a lot of headaches with how messy they could be. All my friends who have been dealing with accountant, reminded me of the importance of being organised, responsive to your questions and cooperative in your company and personal financial choices. AGILE not only does all that, but also are extremely friendly and helpful at all time. I highly recommend them.

Statutory accounts