Small Company Financial Statements: Expert UK Preparation & Filing

Small company financial statements are the annual accounts that UK limited companies must file with Companies House within 9 months of their year-end. At Taxwise Accountancy, we prepare accurate, FRS 102 compliant financial statements and handle all submissions to Companies House and HMRC—so you never miss a deadline.

Whether you run a private limited company, a Limited Liability Partnership (LLP), or a small business needing statutory accounts preparation, we turn complex annual reporting into a simple, stress-free process.

Your year-end accounts aren't just paperwork—they're essential for securing loans, attracting investors, and understanding your company's financial health. Let our ACCA and AAT qualified accountants handle the numbers while you focus on growing your business.

Accurate Financial Statements
Timely Companies House Filing
FRS 102 Compliant Reporting
Full HMRC Compliance
Small Company Financial Statements - Professional accountant preparing annual accounts for UK limited companies
100%
Compliant
9 Months
Filing Deadline

Who Prepares Your Small Company Financial Statements?

Your accounts are prepared by professionally qualified accountants. Our team holds memberships with the UK's leading accounting bodies, ensuring your small company financial statements meet the highest standards.

ACCA Chartered Accountants

Association of Chartered Certified Accountants—globally recognised qualification for preparing FRS 102 compliant financial statements.

IFA Members

Institute of Financial Accountants—UK professional body ensuring competence in annual accounts and statutory compliance.

AAT Qualified

Association of Accounting Technicians—practical expertise in bookkeeping, accounts preparation, and Companies House filing.

Why Do Small Company Financial Statements Matter for Your Business?

Small company financial statements matter because they serve as your business's official financial record—required by law and essential for growth. Beyond being a Companies House obligation, accurate annual accounts help you secure bank loans, attract investors, and make informed decisions about your company's future.

Correctly prepared statutory accounts enable you to:

  • How Do Financial Statements Help Secure Funding?

    Banks and investors require accurate financial statements to assess creditworthiness. Your balance sheet and profit and loss account demonstrate your company's ability to repay loans and generate returns.

  • How Can Annual Accounts Improve Business Planning?

    Your financial statements reveal profitability trends, cash flow patterns, and asset utilisation—essential data for strategic decisions on expansion, hiring, or investment.

  • How Do Accurate Accounts Reduce Your Tax Bill?

    Properly prepared accounts ensure you claim all allowable expenses and capital allowances—paying only what you legally owe to HMRC, not a penny more.

Our small company financial statements preparation services go beyond data entry. We proactively review your figures to identify tax-saving opportunities and ensure every valid expense and relief is claimed before finalising your accounts.

Why accurate small company financial statements matter - Professional reviewing financial documents
FRS 102
Compliant

Who Needs Small Company Financial Statements in the UK?

Any UK limited company or LLP registered with Companies House must file annual accounts. We provide dedicated small company financial statements services tailored for:

Small Private Limited Companies (Ltd)

Private limited companies are the most common business type requiring small company financial statements. From single-director IT contractors to family-run shops, we prepare compliant annual accounts for all Ltd companies registered with Companies House.

  • Single-director companies
  • IT contractors & consultants
  • Family-run businesses
  • Start-ups & growing companies

Limited Liability Partnerships (LLPs)

LLPs have unique financial statements requirements including member profit allocation. Our team understands the specific reporting obligations for professional partnerships and ensures your LLP accounts meet all statutory requirements.

  • Professional service partnerships
  • Multi-member LLPs
  • Specialized reporting requirements
  • Member profit allocation

How Are Small Company Financial Statements Prepared?

Small company financial statements are prepared in 5 key steps: gathering records, drafting accounts, client review, digital approval, and filing with Companies House. Here's our transparent process from start to finish:

1

Step 1: Information Gathering

We request bank statements, invoices, and expense records needed to prepare your accounts. Our team contacts you promptly to collect all necessary documentation for drafting your financial statements.

Small Company Financial Statements Information Gathering
2

Step 2: Draft Preparation

Our accountants prepare your draft small company financial statements following FRS 102 standards. We ensure all formatting meets UK accounting requirements, including the balance sheet, profit and loss account, and notes to accounts.

3

Step 3: Review & Finalise

You review the draft accounts and approve all figures before submission. We welcome questions and make any necessary changes immediately to ensure complete accuracy.

4

Step 4: Digital Approval

You approve your financial statements digitally—no printing or scanning required. Our paperless process makes approval quick and convenient from anywhere.

5

Step 5: Companies House & HMRC Submission

We file your small company financial statements electronically with Companies House and HMRC. Once accepted, you receive confirmation for your records—guaranteed before your deadline.

Small company financial statements submission to Companies House

Why Choose Taxwise for Your Small Company Financial Statements?

We combine ACCA and AAT qualified expertise with transparent pricing and 100% on-time filing guarantees. Here's why UK business owners choose Taxwise Accountancy for their annual accounts:

UK-Wide Small Company Financial Statements Services

We serve small companies across the entire UK. Our nationwide coverage means you get expert annual accounts support regardless of your location.

100% Online Process—No Office Visits

Complete your financial statements entirely online. Upload documents, review drafts, and approve accounts digitally from anywhere.

Fixed-Price Financial Statements Fees

Know exactly what you'll pay upfront. Transparent, fixed pricing for small company financial statements preparation and Companies House filing.

Plain English Explanations

We explain your accounts in language you understand. No jargon—just clear communication about your balance sheet, profit and loss, and tax position.

100% On-Time Filing Guarantee

Never miss your Companies House deadline. We guarantee your small company financial statements are filed before the 9-month deadline—every time.

Tailored Tax Planning Advice

Maximise tax efficiency with personalised guidance. We proactively identify reliefs and allowances specific to your business situation.

Common Questions About Small Company Financial Statements

Find expert answers to the most frequently asked questions about preparing, filing, and managing small company financial statements in the UK.

Ready to File Your Small Company Financial Statements?

Get your small company financial statements prepared and filed within 14 days. Our ACCA and AAT qualified accountants handle everything—from preparing your balance sheet and profit and loss account to filing with Companies House and HMRC.

Free consultation for small company financial statements—no obligation
Fixed-price annual accounts preparation—no hidden fees
ACCA, AAT & IFA qualified accountants—FRS 102 experts
100% on-time Companies House filing guarantee
1000+
Happy Clients
100%
On-Time Filing
15+
Years Experience
Get your small company financial statements prepared and filed by expert UK accountants
5.0 Rating
Excellent Service