Statutory Accounts Preparation & Accounting Services

Let us take the work out of your work/life balance

Accounting Services

Statutory accounts preparation

Running any size of business requires you to record your transaction, and you must report these to several government departments and bodies. All of these tasks can be time consuming and not directly productive to your business.

We are here to help you with these tasks.

Statutory Accounts FAQ’s

What are annual accounts and statutory returns?

Statutory accounts is the preparation of financial records which you must present to HMRC, Shareholders, Companies House and people who attend the company’s general meetings. These accounts must be filed and presented every year at the end of the company’s financial year.

What is included in statutory accounts?

Statutory accounts must contain a “Balance Sheet”, “ a Profit and Loss accounts”, Notes about the accounts, and a Directors report. The balance sheet must have the name of a director printed on it and must be signed by a director.

What is statutory reporting in accounting?

Statutory reporting is the mandatory submission of financial and non-financial information to HMRC, Shareholders, Companies House and people who attend the company’s general meetings

What is the difference between management accounts and statutory accounts?

Management accounts are an in depth report for the business to assess how well it has performed.

Statutory accounts are the results of their efforts that year. This information is adjusted for Tax purposes.

Let us take the work out of your work/life balance

Running your business and maintaining these records by yourself or even with a small team of people can be difficult.

This all needs managing and detracts you from your business objectives.

If you are doing all your own bookkeeping and accounts each month we can assist you.

We can do this for You

Whether you need us once a year to complete your accounts or each month so you can keep tighter control over Profit and Loss, We can take this work on for you.

Whatever you want your business to accomplish we have the accounting services to achieve this with you.

  • Accounts
    • Preparation of accounts for year ended
    • Statutory accounts preparation
    • Preparation of abbreviated accounts
  • Audits
    • Audit of accounts for year ended
  • Management Accounts
    • Discussion of quarterly accounts
    • Preparation of cash flow forecasts and budgets
    • Attendance at Business Development meetings
  • Corporation Tax
    • Preparation of tax computation for year ended
    • Corporation Tax Annual Return CT600
    • Preparation of forms CT61
  • Income Tax
    • Preparation of tax computation for year ended
    • Partnership self-assessment return
    • Income planning for the year
    • Self-assessment returns

  • VAT
    • Preparation of quarterly VAT returns
    • Quarterly partial exemption calculations (including annual summary)
    • VAT health check
  • Payroll
    • Preparation of weekly or monthly payroll
    • Preparation of Annual Return form P35
    • Review of the company expenses
    • Detailed preparation of the directors loan accounts
    • Preparation of forms P11D
    • PAYE health check
  • Company Secretarial
    • Completion and submission of annual return to Companies House

A fully outsourced finance departmentStatutory Accounts Preparation from Dunhams Accounting Services can help with all your Statutory Accounts Preparations

Here at Dunhams, we have developed a fully functional outsourced finance department that is available to all of our clients – whatever your size, whatever your business. Our outsourced finance team have over 100 years’ of business and finance experience. They offer you a level of knowledge and expertise that you would normally find only in large corporate companies.

Dunhams outsourcing offers you total flexibility and we can provide different levels of support. From helping you and your team complete your monthly tasks on time to providing a full finance department function for your company, complete with a financial director to discuss all of your issues and concerns, from everyday budget, statutory accounts preparation, to full VAT returns.

We can fulfil your finance function on a weekly, monthly or quarterly basis, giving you accurate, relevant and up-to-date reports. These will give you complete control of your business, and help you to make better-informed business decisions.

This will free up your time so that you can focus on growing your business, making new contacts and identifying new income streams. Or you can simply unwind, take more holidays and spend more precious time with your family.

From as little as £15 a day, you can get back those 100 days you spend doing routine administrative tasks for your business.

Get a Member of the Accounting Team to Call you Back

    Our happy customers:

    Mrs Breda Phythian, Managing Director, Contact Photographic Services Ltd

    Outsourcing the company’s book-keeping and payroll to Dunhams was an excellent business decision for the company. A first-rate service: efficient, reliable and cost-effective, delivered by lovely people who are always ready to help with any queries or problems, and who have a genuine interest in the company. It allows key members of staff to focus on other aspects of the business, safe in the knowledge that these important matters are in very good hands.

    Quick Contact

      HMRC  GOV.UK say… Business and Self-employed – Running a limited company

      Prepare annual accounts for a private limited company

      Your company’s annual accounts – called ‘statutory accounts’ – are prepared from the company’s financial records at the end of your company’s financial year.

      You must always send copies of the statutory accounts preparations to:

      • all shareholders
      • people who can go to the company’s general meetings
      • Companies House (unless you send abbreviated accounts)
      • HM Revenue and Customs (HMRC) as part of your Company Tax Return

      You have different deadlines for sending your accounts to Companies House and your tax return to HMRC, but you may be able send them at the same time.

      How to put together statutory accounts

      Statutory accounts must include:

      • a ‘balance sheet’, which shows the value of everything the company owns, owes and is owed on the last day of the financial year
      • a ‘profit and loss account’, which shows the company’s sales, running costs and the profit or loss it has made over the financial year
      • notes about the accounts
      • a director’s report

      You might have to include an auditor’s report – this depends on the size of your company.

      The balance sheet must have the name of a director printed on it and must be signed by a director.

      Want a financial consultation with no obligation?

      Call Dunhams Chartered Accountants now on 0161 872 8671

      Or email paul.o’ or

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