Limited Company Accounts
Proactive accounts preparation and submission for limited companies in Guildford, Woking & surrounding areas
Why Your Limited Company Needs Professional Accounts
Running a limited company in Guildford, Woking, or anywhere across Surrey comes with significantly greater accounting obligations than operating as a sole trader. As a separate legal entity, your limited company must prepare and file statutory annual accounts with Companies House, submit a Corporation Tax return (CT600) to HMRC, and maintain accurate financial records throughout the year. These requirements are not optional, and failure to meet them can result in penalties, fines, and even the risk of your company being struck off the register.
Beyond mere compliance, professionally prepared accounts give you a clear picture of your company's financial health, help you make informed business decisions, and ensure you are taking advantage of every legitimate tax-saving opportunity. For directors of limited companies across Surrey, having a dedicated accountant is not just about ticking boxes. It's about building a solid financial foundation that supports sustainable growth. At 360 Accounts & Bookkeeping, we work alongside Guildford and Woking businesses to ensure every aspect of their company accounts is handled with precision and care.
What Our Limited Company Accounts Service Includes
Our limited company accounts service is designed to cover every aspect of your statutory obligations, so you can concentrate on running your business. We take a thorough, detail-oriented approach to ensure nothing is missed and every opportunity for tax efficiency is identified. Here is what you can expect when you work with us:
Annual Accounts Preparation
We prepare your full statutory accounts, including a balance sheet, profit and loss statement, and accompanying notes, all in accordance with the applicable UK accounting standards (FRS 102 or FRS 105 for micro-entities). These accounts provide a comprehensive overview of your company's financial position at the end of its accounting reference period.
Corporation Tax Returns (CT600)
Your CT600 corporation tax return is prepared and submitted to HMRC accurately and on time. We calculate your company's taxable profits, apply all available reliefs and allowances, and ensure that the correct amount of corporation tax is reported. Our aim is to minimise your tax liability within the bounds of the law.
Companies House Filings
We handle all Companies House submissions on your behalf, including the filing of your annual accounts (due within nine months of your accounting reference date) and your confirmation statement. This ensures your company record remains up to date and in good standing.
Director's Reports & Compliance
For companies that require one, we prepare the director's report that accompanies your annual accounts. We also manage your ongoing compliance calendar, tracking all key deadlines throughout the year so you are never caught off guard by a filing requirement.
Together, these services form a complete package that keeps your limited company fully compliant with both Companies House and HMRC requirements. Every element is handled by our experienced team, giving you confidence that your accounts are accurate, timely, and optimised for tax efficiency.
How We Help Limited Company Directors in Surrey
When you become a client of 360 Accounts & Bookkeeping, we begin with a thorough review of your company's financial position and existing records. This allows us to understand your business, identify any immediate issues, and tailor our service to your specific circumstances. Whether you are based in Guildford, Woking, Godalming, Farnham, or elsewhere across Surrey, we make the onboarding process straightforward and stress-free.
We take a proactive approach to managing your accounts. Rather than simply processing numbers at year end, we maintain regular communication throughout the year, flagging potential tax-saving opportunities and ensuring you are aware of upcoming deadlines well in advance. Our team is always available to answer your questions, whether that is a quick query about an allowable expense or a more detailed discussion about dividend planning. We believe that good accounting is built on a genuine working relationship, and our clients across Guildford, Woking, and the wider Surrey area benefit from that personalised, hands-on approach.
Key Deadlines for Limited Companies
Missing a filing deadline can be costly for limited company directors. HMRC and Companies House both impose automatic penalties for late submissions, and these can escalate quickly. Here are the key deadlines every limited company director must be aware of:
Annual Accounts Filing
Your statutory accounts must be filed with Companies House within nine months of your accounting reference date. Late filing attracts automatic penalties starting at 150 pounds and rising to 1,500 pounds for delays of more than six months.
Corporation Tax Payment
Corporation tax is due nine months and one day after the end of your accounting period. Interest is charged on any late payments from the due date, so timely payment is essential to avoid unnecessary costs.
Corporation Tax Return
Your CT600 corporation tax return must be filed with HMRC within twelve months of the end of your accounting period. Penalties for late filing start at 100 pounds and increase over time, with additional tax-geared penalties after twelve months.
Confirmation Statement
Every company must file a confirmation statement with Companies House at least once every twelve months. This confirms that the information Companies House holds about your company is accurate and up to date.
Tax-Efficient Strategies for Limited Company Directors
One of the principal advantages of operating through a limited company is the flexibility it provides in how you extract profits. At 360 Accounts & Bookkeeping, we help directors across Guildford, Woking, and Surrey to structure their remuneration in the most tax-efficient way possible, always within the boundaries of current legislation.
Salary & Dividend Planning
The combination of a tax-efficient salary and dividends is often the most effective way for directors to extract profits. We calculate the optimal split each year based on your personal circumstances, available allowances, and the prevailing tax rates, ensuring you retain as much of your earnings as possible.
Pension Contributions & Allowable Expenses
Company pension contributions are a powerful tool for reducing your corporation tax bill while building your retirement fund. We also ensure you are claiming all legitimate business expenses, from travel and subsistence to professional subscriptions and home office costs, reducing your taxable profits and overall liability.
R&D Tax Relief
If your company undertakes qualifying research and development activities, you may be entitled to R&D tax relief, which can significantly reduce your corporation tax bill or even generate a cash credit. We assess your eligibility and prepare the necessary claims on your behalf.
Every limited company is different, and there is no one-size-fits-all approach to tax planning. We take the time to understand your goals and circumstances so that our advice is genuinely tailored to your needs.
Key Benefits
- Tax efficiency and dividend opportunities
- Limited liability protection
- Increased credibility with clients
- Access to business finance
- Expert guidance from day one
Free Initial Consultation
Book a free, no-obligation meeting to discuss your needs. Available in person, by phone, or via video call.
What's Included
Annual Accounts Preparation
We prepare your annual accounts in accordance with applicable accounting standards, including balance sheet, profit and loss statement, and related notes.
Corporation Tax Returns
CT600 preparation and submission to HMRC within the required deadlines, ensuring accurate reporting of your company’s taxable profits.
Companies House Filing
We handle all Companies House submissions including annual accounts (within 9 months of ARD) and confirmation statements.
Director’s Report
Preparation of the simplified director’s report that accompanies your annual accounts with essential information about your company’s activities.
Compliance Management
We keep track of all deadlines and ensure you never face late filing penalties or risk being struck off the register.
Limited Company Accounts FAQs
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