Limited Company Accounts
Running a limited company in the UK comes with essential responsibilities, and one of the most critical is managing your company accounts. From annual accounts preparation to corporation tax returns, ensuring your financial records are accurate and compliant is vital to avoid penalties and support business growth.
At Ultra Tax Ltd, we provide professional Limited Company Accounts Services to help you meet all filing requirements, stay compliant with HMRC, and focus on growing your business.
Limited Company Accounts Services – Filing, Tax Returns,
and Expert Advice
Handling Limited Company Accounts can be a complex and time-consuming task, especially if you're unfamiliar with accounting terms or HMRC regulations. At Ultra Tax Ltd, we simplify the process by offering a complete range of services tailored to your company’s needs.
Company Accounts Filing with Companies House
We ensure all your financial statements are prepared accurately and submitted on time to avoid late penalties.
Corporation Tax Returns
From calculating tax liabilities to filing returns with HMRC, we handle every detail, ensuring compliance with current regulations.
Year-End Accounts Preparation
We create comprehensive financial statements, including balance sheets and profit and loss accounts, to provide a clear overview of your company’s performance.
Ongoing Expert Advice
Whether you have questions about tax reliefs or bookkeeping, our experienced accountants are here to provide tailored advice year-round.
Need help managing your Limited Company Accounts? Contact Ultra Tax Ltd today to ensure your business stays compliant and penalty-free.
What Are Limited Company Accounts?
Limited company accounts are detailed financial records that every company registered in the UK is legally required to prepare and file annually. These accounts provide a snapshot of your company’s financial health and include key documents that are vital for both HMRC and Companies House compliance.
Balance Sheet
This document shows the company’s assets, liabilities, and equity, offering an overview of its financial position.
Profit and Loss Account
Highlights income, expenses, and overall profitability during the financial year.
Notes to the Accounts
Provides additional explanations to support the figures in your accounts.
Director’s Report
An overview of the company’s activities and performance, required for larger businesses.
By law, every limited company in the UK must file these accounts annually with Companies House and submit a Corporation Tax return to HMRC.
Confused about what’s required for your company accounts? Let our professional accountants handle the entire process for you.
Key Components of Limited Company Accounts
Common Challenges in Filing Limited Company Accounts
Preparing and filing Limited Company Accounts can be daunting, especially for small business owners who are unfamiliar with accounting practices or HMRC requirements. Some of the most common challenges include:
Understanding Complex Accounting Terms
Limited company accounts include technical terms and calculations that can be confusing, such as accruals, depreciation, and retained earnings. Misunderstanding these can lead to errors in your filings.
Balancing Bookkeeping and Business Operations
Managing day-to-day operations while ensuring your books are accurate can be overwhelming. Many business owners struggle to keep track of income, expenses, and receipts, leading to last-minute stress when filing deadlines approach.
Risks of Late Filing and Penalties
Missing filing deadlines can result in penalties:
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Companies House penalties:
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£150 fine for up to 1 month late.
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£1,500 fine for over 6 months late.
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HMRC penalties for Corporation Tax returns:
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£100 fine for late filing.
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Additional fines for prolonged delays.
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Avoid these challenges and reduce stress by working with Ultra Tax Ltd. We’ll handle your accounts, ensuring accuracy and compliance with all deadlines.
Why Choose Ultra Tax Ltd for Limited Company Accounts?
When it comes to managing your Limited Company Accounts, partnering with the right accountant makes all the difference. At Ultra Tax Ltd, we go beyond basic accounting services to offer personalised solutions that meet your business needs.
Expert Knowledge
Our team has years of experience in preparing and filing limited company accounts, ensuring compliance with HMRC and Companies House regulations.
Tailored Services
We understand that every business is unique. That’s why we offer customised accounting services, whether you’re a startup, small business, or established company.
Transparent Pricing
No hidden fees or surprises—just clear, upfront pricing based on the services you need.
Dedicated Support Year-Round
We’re not just here at tax season. Our accountants provide ongoing advice and support to help your business stay on track all year long.
With Ultra Tax Ltd, you can trust that your accounts are in expert hands. Get in touch for a free consultation today.
How Our Limited Company Accounts Services Work
We’ve simplified the process of managing your limited company accounts, ensuring it’s as stress-free as possible for you.
Initial Consultation
We start by understanding your business and its specific accounting needs, ensuring we tailor our services to suit you.
Reviewing Financial Records
Our team reviews your financial records, ensuring they are accurate, complete, and ready for preparation.
Preparing and Filing Accounts
We prepare detailed financial statements and file them with Companies House and HMRC on your behalf, ensuring all deadlines are met.
Ongoing Support
Even after filing, we’re here to provide advice, address HMRC queries, and keep your business compliant year-round.
Get Professional Help with Limited Company Accounts Today
Managing Limited Company Accounts doesn’t have to be stressful. At Ultra Tax Ltd, we simplify the process, handle the paperwork, and ensure you stay compliant with HMRC and Companies House.
Contact us today for a free consultation and let us take the stress out of managing your company accounts.
See how Ultra Tax Ltd can help you with your Limited Company Accounts
Looking for more than just Limited Company Accounts?
At Ultra Tax Ltd, we offer a range of accounting services to support your business, from bookkeeping to payroll management. Discover how our full suite of services can help your business thrive.