Missed or last-minute filings
Late accounts risk penalties and damage relationships with banks and investors. We plan the year-end calendar early so filings land on time.
Services
Annual Accounts
Statutory accounts prepared accurately, on time and in plain English.
Your annual accounts are more than a compliance exercise. Done well, they give lenders, investors and HMRC a clear picture of performance — and give you a solid foundation for tax planning and growth decisions. GBFC prepares statutory accounts for owner-managed companies with the accuracy, deadlines and commercial insight you expect from a chartered practice.
Who it is for
Designed for owner-managed businesses that need clarity
Annual accounts support is designed for limited companies and growing businesses that want reliable statutory reporting without the stress of chasing deadlines or deciphering dense financial statements.
What is included
A clear scope you can rely on
We manage the end-to-end year-end process so your statutory obligations are met and your numbers are ready to use.
Preparation of statutory accounts under UK GAAP (FRS 102 / FRS 105 as appropriate)
Companies House and HMRC corporation tax filing coordination
Trial balance review, adjustments and year-end journals
Director briefing notes explaining key movements and results
Support with accounting treatments for stock, WIP, fixed assets and related-party items
Liaison with bookkeepers or in-house finance teams to close the year cleanly
Fixed-fee proposals with clear timelines before work begins
What we cover
Annual accounts, end to end
Explore the core workstreams that sit behind a clean year-end — from statutory preparation to board-ready reporting.
Preparing year-end financial statements in accordance with relevant accounting standards (e.g., FRS 102 / FRS 105).
UK GAAP frameworks
Accounts prepared under FRS 102 or FRS 105 as appropriate to your entity size and structure.
Full statement pack
Profit and loss, balance sheet, notes and supporting schedules assembled for approval and filing.
Judgement areas
Stock, WIP, fixed assets, related parties and other treatments reviewed with commercial common sense.
Draft for review
Clear draft accounts issued so directors can approve with confidence before anything is filed.
Statutory Accounts Preparation
Preparing year-end financial statements in accordance with relevant accounting standards (e.g., FRS 102 / FRS 105).
UK GAAP frameworks
Accounts prepared under FRS 102 or FRS 105 as appropriate to your entity size and structure.
Full statement pack
Profit and loss, balance sheet, notes and supporting schedules assembled for approval and filing.
Judgement areas
Stock, WIP, fixed assets, related parties and other treatments reviewed with commercial common sense.
Draft for review
Clear draft accounts issued so directors can approve with confidence before anything is filed.
Common problems solved
Issues we help you avoid
Most annual accounts problems are avoidable with an organised process and early planning.
Incomplete or messy books
Gaps in the ledger slow everything down. We identify issues early, work through adjustments and leave you with cleaner opening balances.
Accounts you cannot interpret
A set of numbers without context is of little use. We explain results in commercial language so directors can act with confidence.
Disconnected tax and reporting
Accounts and corporation tax should work together. We align year-end reporting with tax planning so nothing important is left on the table.
How GBFC delivers
A practical process from first conversation to ongoing support
GBFC delivers annual accounts as a structured partnership, not a once-a-year fire drill.
01
Scoping and timeline
We agree the accounting framework, information checklist and filing dates up front, with a fixed fee where possible.
02
Data gathering and review
You share books, bank data and supporting schedules. We review, query anomalies and prepare adjusting journals.
03
Accounts and board pack
Draft statutory accounts are issued with a clear summary of performance, so you can approve with understanding — not guesswork.
04
Filing and forward plan
Once approved, we file and confirm confirmation statements and tax next steps, then set reminders for the following year.
Related services
Often paired with annual accounts
Insights
Insights related to annual accounts
Tax
Year-end tax planning habits that help
Practical habits that make year-end tax conversations more useful — without last-minute scrambling.
Read articleManagement Accounts
Management packs directors actually use
How to keep month-end packs short, decision-led and trusted — instead of unread PDF dumps.
Read articleFAQ
Annual Accounts FAQs
Ready to get clearer numbers and better results?
Book a consultation with our expert team today.
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