# Annual accounts for limited companies > Annual accounts for limited companies in Epsom and across Surrey. Prepared from your Xero books and filed with Companies House and HMRC. Free consultation. Last updated: 2026-11-09 # Annual accounts for limited companies in Epsom and across Surrey ## Statutory accounts prepared from your live Xero books and filed on time. ## *Our annual accounts service prepares your statutory accounts from your live Xero finances, files them with Companies House and HMRC, and aims to finish within three months of your year end. We look after limited companies in Epsom, across Surrey and online anywhere in the UK. The same team keeps your books, so year end is a review of figures we already know.* ### What our annual accounts service covers - Statutory accounts prepared from your Xero ledgers, in the format your company's size requires - Year-end adjustments: accruals, prepayments, depreciation, stock and a review of your director's loan account - The directors' report and notes where they are required - iXBRL tagging and filing with Companies House and HMRC - Your corporation tax return prepared alongside the accounts - Your confirmation statement, filed through our company secretarial system - A sign-off call with you before anything is filed - A plain-English summary of what the numbers say and what changed ### Deadlines for your company accounts - **Annual accounts to Companies House (private company, after the first year):** 9 months after your year end - **Your first accounts:** 21 months after incorporation, or 9 months after your first year end, whichever is later - **Corporation tax payment:** 9 months and 1 day after your year end - **Company Tax Return to HMRC:** 12 months after your year end - **Companies House late filing penalty (private company):** £150 up to a month late, rising to £1,500 after six months, and doubled if you were also late the year before HMRC's late filing penalty for the Company Tax Return is £200 for returns with a filing date on or after 1 April 2026. It rises to £400 if the return is three months late. Read our guide to the [corporation tax late filing penalties](https://loveyouraccountants.com/knowledge/corporation-tax-late-filing-penalties-doubled). We aim to finish your accounts and corporation tax within three months of your year end. That is six months before the Companies House deadline, which leaves room for questions and corrections. ### Which type of accounts does your company file? Most small companies file as a micro-entity under FRS 105 or as a small company under FRS 102 Section 1A. The size limits were raised for financial years starting on or after 6 April 2025. We check which category your company falls into and which gives you the clearest picture of your business. Most small companies qualify for audit exemption. We do not carry out audits. If your company needs one, we tell you at the start and you will need an audit firm. We carry on with everything else, and we are happy to work alongside your auditor. ### Changes coming to Companies House filing Companies House plans to move accounts filing to commercial software only. The current target is April 2028. The separate plan to make small companies file a profit and loss account was paused on 23 October 2026. We already prepare and file through software, so nothing changes in how you work with us. We will tell you if the dates move. ### Annual accounts automations we build for year end We build year-end checks into the months before it, so problems come up while you can still fix them. - **Records get patchy before year end.** A year-end checklist and a short list of open items sent to you four weeks before year end. Removes: gaps found after the year has closed. - **Accounts are built from a spreadsheet.** Trial balance and ledgers drawn straight from your live Xero file. Removes: re-keying figures and reconciling copies. - **You buy equipment and vehicles.** An asset register kept during the year, with depreciation posted by us. Removes: rebuilding the register every year. - **Annual costs such as insurance and software.** Recurring journals that spread each cost across the year. Removes: year-end prepayment calculations. - **Directors take money out during the year.** A check on your director's loan account balance, so a loan still outstanding nine months after year end does not trigger a tax charge unnoticed. Removes: surprise tax on overdrawn loan accounts. - **You want management figures with the accounts.** A management accounts pack is available as an add-on. Removes: a separate reporting job. - **Filing dates are easy to miss.** A filing diary with reminders to you and to us. Removes: missed deadlines and automatic penalties. ### How we prepare your annual accounts 1. **Free consultation.** We look at your company, your year end and how your records are kept today. 2. **Books in order.** If we keep your books, they are current. If not, we bring them up to date first. See our [bookkeeping services](https://loveyouraccountants.com/services/bookkeeping). 3. **Year-end checklist.** We make the adjustments and check the balance sheet against your bank and your records. 4. **Draft accounts and tax.** We prepare the accounts and the [corporation tax](https://loveyouraccountants.com/services/corporation-tax) computation together. 5. **Sign-off call.** We walk you through the numbers and answer questions before anything is filed. 6. **Filing.** We file with Companies House and HMRC and send you the receipts. 7. **Review.** Your annual business review looks at what the figures mean for next year. ### What detailed ledgers do for your accounts Because we capture supplier bills line by line, your accounts rest on detailed ledgers. Cost notes and breakdowns come straight from the ledgers. We can also separate items that need different tax treatment, such as client entertainment, which is not deductible, and repairs, which differ from capital purchases. ### If your accounts are late Overdue accounts are a common reason businesses move to us. We move your records into Xero, tidy the last 6 to 12 months and file in the order that stops penalties building. For most clients the move costs nothing extra. For a complex migration we may charge a one-off fee of up to £500 plus VAT which we agree with you first. Our guide to [changing accountant mid-year](https://loveyouraccountants.com/knowledge/change-accountant-mid-year) explains how a switch works. ### Who our annual accounts service suits We prepare accounts for limited companies, from a start-up filing a long first period to a business with a few dozen staff. If you take money out of the company as loans, read our guide to [director's loan accounts and section 455 tax](https://loveyouraccountants.com/knowledge/directors-loan-account-section-455-explained) before your year end. If you also employ people, see our [payroll services](https://loveyouraccountants.com/services/payroll). ### What our clients say "We find John and the team are always professional and lovely to work with." Helen Bryant, Google review. "LYA continue to play a strong role enabling us to understand and follow the growth of the company." Kim Farmer, Google review. ### The people behind your accounts A senior member of the team who knows your company prepares your accounts. Rob Young ACA became our Managing Director in 2023 and reviews this page, and Andy Mildner started the firm in 2008. We are CIMA registered and an ICAEW-accredited training provider, and our team page shows who you will speak to. [Meet the team](https://loveyouraccountants.com/about). ### Where to find us Sign-off calls usually happen on Teams, and we are always glad to go through your numbers face to face. Visit us at 2A The Quadrant, Epsom, Surrey KT17 4RH, call 01372 374143, or we will come to you in Surrey. We prepare accounts for companies in [Epsom](https://loveyouraccountants.com/locations/epsom), [Cobham](https://loveyouraccountants.com/locations/cobham), [Sutton](https://loveyouraccountants.com/locations/sutton), Leatherhead and Banstead, and further across [Surrey](https://loveyouraccountants.com/locations/surrey). #### View more services - [Outsourced finance function 01](https://loveyouraccountants.com/services/outsourced-finance-function) - [Accounting & tax compliance 02](https://loveyouraccountants.com/services/accounting-tax-compliance) - [Bookkeeping, payroll and auto-enrolment solutions 03](https://loveyouraccountants.com/services/bookkeeping-payroll-and-auto-enrolment-solutions) - [Strategic business development 04](https://loveyouraccountants.com/services/strategic-business-development) - [SEIS/EIS tax relief 05](https://loveyouraccountants.com/services/seis-eis-tax-relief) - [Tax Investigation Insurance 06](https://loveyouraccountants.com/services/tax-investigation-insurance) ## Frequently Asked Questions. ## Can I see my accounts before they are filed? Yes. We hold a sign-off call with you and nothing is filed until you approve it. ## Will my accounts be public? Accounts filed at Companies House are public. We will tell you if the filing rules for small companies change. ## Do you file my confirmation statement as well? Yes, through our company secretarial system. ## Do I need an audit? Most small companies qualify for audit exemption. We check at the start and tell you if your company needs one. We do not carry out audits ourselves, so you would appoint an audit firm and we would carry on with the rest of your accounts and tax. ## Can you take over if my accounts are overdue? Yes. We tell you which filing carries penalties now, bring your records up to date and file in that order. Tell us the deadline when you get in touch. Most clients pay nothing extra for the move, and a complex migration can cost up to £500 plus VAT, agreed before we start. ## How much do annual accounts cost? We charge a fixed monthly fee based on the time your work takes, and annual accounts sit inside that package alongside bookkeeping, VAT, corporation tax and the director's personal tax return. Most clients pay between £250 and £500 a month. Our guide to [how much accountants cost](https://loveyouraccountants.com/knowledge/how-much-do-accountants-cost) shows how fee levels are set. ## What is the difference between statutory accounts and management accounts? Statutory accounts are the annual filing required by law. Management accounts are monthly or quarterly reports for running the business, with detail the statutory accounts do not show. We produce both. Management accounts are an add-on, usually £250 to £500 a month, depending on the work involved. ## Do I file with Companies House, HMRC or both? Both. The statutory accounts go to Companies House and are public. The Company Tax Return goes to HMRC with the accounts and tax computations attached. We prepare and file both together. ## What happens if I file my accounts late? Companies House charges an automatic penalty of £150 up to a month late, rising to £1,500 after six months. The penalty doubles if you were also late the year before. HMRC charges separately for a late Company Tax Return. ## When are my first accounts due? 21 months after the date you incorporated, or 9 months after your first year end, whichever is later. A company incorporated on 1 March 2025 with a 31 March year end has until 31 December 2026 for its first accounts. ## When are my company's annual accounts due? For a private company after its first year, the deadline is 9 months after your year end. Corporation tax is due 9 months and 1 day after your year end, and the Company Tax Return is due 12 months after it. ### You can count on us to make your accounting worries disappear in **4 easy steps** **Our onboarding process is extremely simple; the steps below can be tailored to your requirements.** ![](https://loveyouraccountants.com/images/services/step-illustration.svg) Step 1 Initial meeting We provide a free consultation to understand the pain points of your business and explore different options [Contact us](https://loveyouraccountants.com/contact) Step 2 Sign up After creating a plan, we agree an ongoing fee to implement an efficient management process to look after your personal and company finances [Contact us](https://loveyouraccountants.com/contact) Step 3 Re-work and re-engineer the processes After implementation, the initially drafted process plan is amended as needed to ensure optimum efficiency and clarity over strategy [Contact us](https://loveyouraccountants.com/contact) Step 4 Supporting you going forward Depending on your needs and size we will look to provide holistic support across the business which can include looking after your finances and coaching [Contact us](https://loveyouraccountants.com/contact) Step 1 Initial meeting We provide a free consultation to understand the pain points of your business and explore different options [Contact us](https://loveyouraccountants.com/contact) Step 2 Sign up After creating a plan, we agree an ongoing fee to implement an efficient management process to look after your personal and company finances [Contact us](https://loveyouraccountants.com/contact) Step 3 Re-work and re-engineer the processes After implementation, the initially drafted process plan is amended as needed to ensure optimum efficiency and clarity over strategy [Contact us](https://loveyouraccountants.com/contact) Step 4 Supporting you going forward Depending on your needs and size we will look to provide holistic support across the business which can include looking after your finances and coaching [Contact us](https://loveyouraccountants.com/contact)