annual accounts Archives

Filing company accounts: your questions answered

Published in Company records on May 21, 2025 by Jayne Challinor

Covering issues such as: the consequences of filing your accounts late; how to extend your filing deadline; when you can change an accounting reference date; whether you need to file accounts if your company is dormant, and…

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Tags: company accounts, accounting reference date, annual accounts, Companies House, company records, company size, filing deadlines, financial statements, statutory accounts

(Another) Inform Direct Product Update – May 2025

Published in Inform Direct news on May 20, 2025 by Jayne Challinor

This update sees the introduction of a much requested feature. You can now speedily produce prepopulated board minutes to approve company accounts, even when those accounts have not been created or filed using Inform Direct. Our…

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Tags: company accounts, accounts, annual accounts, company documents, news

How to calculate company size for year end accounts preparation

Published in Company records on May 7, 2025 by Jayne Challinor

The Companies Act 2006 may allow you to prepare and file a simpler set of year end accounts, dependent upon your company’s size. But how do you determine what size your company is for the purposes of accounts preparation?…

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Tags: accounting, annual accounts, company size, large companies, medium companies, micro entities, small companies, statutory accounts

Micro-entity accounts: your questions answered

Published in Company records on May 7, 2025 by Jayne Challinor

A micro-entity is a very small company or LLP. We will define the criteria for micro-entity status below. Micro-entities may be able to produce a much simpler set of year end accounts for their members and provide less…

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Tags: accounting, annual accounts, Companies House, company size, micro entities, statutory accounts

The income statement (profit & loss account) explained

Published in Company records on November 23, 2023 by David Hill

This guide will help you understand the income statement (profit and loss account) for small companies and micro-entities. It covers how to get your income statements filed on time with Companies House and HMRC and be compliant…

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Tags: company accounts, accounts, annual accounts, micro-entity accounts

What is a balance sheet?

Published in Company records on June 19, 2023 by David Hill

A balance sheet is a key financial statement that provides a snapshot of a company’s financial position at a specific point in time. An alternative name for it is a ‘statement of financial position’. In…

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Tags: company accounts, accounts, annual accounts, micro-entity accounts, statutory accounts

2025 Review
of UK Company Formations

Read our comprehensive review of UK company formations in 2024, year-on-year growth rates and breakdown by county. This detailed insight is provided in the form of easy to understand infographics available for sharing through social media and on your own website

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