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Annual Accounts

Preparing Annual Accounts

Preparing Annual Accounts is a vital service offered by Advance Accountants Milton Keynes to sole traders, partnerships, limited companies and small to medium sized businesses who are required to submit their annual accounts to Companies House.

For Limited Companies, your annual return contains information about the directors of your company, the company secretary, share holders, share capital, and the registered address of the business. It is a criminal offence not to file your annual return, but keeping some simple records throughout the year makes the process very simple, and there really is no reason to be late.

Advance Accountants Milton Keynes will advise and assist with keeping your business records up to date throughout the year, and we will be on hand when the time comes to complete and submit your annual return on your behalf. It is a low cost and relatively straightforward service, but one which provides peace of mind for business owners, keeping them safe in the knowledge that their annual accounts will be completed and submitted on time by experienced professionals.

Avoid future problems by talking to us today

Although preparing and submitting your annual accounts should be a simple and straightforward process, many business owners struggle with it and face the prospect of hefty fines or even prosecution.

In 2011 nearly a quarter of a million fines were handed out for late filing of returns (some for as much as £5,000) and almost two thousand company directors were prosecuted for the same offence. Considering the low cost and simplicity of filing a return on time, there is no reason to put yourself or your business at risk in this way.

Call Advance Accountants Milton Keynes today and we'll be happy to talk your through our Annual Accounts preparation service and provide you with a fixed price quote.

Some of our frequently asked questions