Annual Financial Statements
Staying compliant with financial reporting can be a challenging, time-consuming task. Let us take it off your hands so you can focus on what matters most.
Annual Financial Statements that keep you compliant and informed
Preparing annual financial statements is a key part of running a limited company. These reports give a clear picture of your business’s financial position and are essential for meeting legal obligations. But they’re not just for ticking boxes — they help you understand how your business is performing and where it’s heading.
At Calibra, we take care of the entire process, from preparing your financial statements in line with UK accounting standards to submitting them to Companies House on time. We also offer expert advice to help you stay compliant and confident in your reporting. Whether you’re looking for clarity, accuracy, or peace of mind, we make sure your accounts are in good shape and ready when they need to be.
Our services
Financial Statement Preparation
We prepare your financial statements in full compliance with UK accounting standards, ensuring they are accurate, clear, and professionally presented.
Filing with Companies House
We handle the timely submission of your financial statements, making sure everything is filed correctly and within legal deadlines to avoid penalties.
Compliance Advisory
Our team provides straightforward guidance on financial reporting requirements, helping you understand what’s needed and how to stay compliant.
Balance Sheets
A snapshot of your company’s assets, liabilities, and equity at the end of the financial year, giving you a clear view of your financial position.
Profit and Loss Accounts
A summary of your income and expenses over the year, showing how profitable your business has been during the period.
Notes to the Accounts
Detailed explanations and disclosures that support your financial statements, helping to provide context and transparency.
Why work with Calibra?
Expertise
Our team comprises seasoned professionals with in-depth knowledge of corporation tax laws and practices.
Personalised Approach
We take the time to understand your business, offering solutions that align with your objectives and challenges.
Proactive Support
We anticipate changes in tax legislation and inform you of opportunities and risks, ensuring your business remains ahead.
Transparent Pricing
Enjoy clear, competitive pricing with no hidden fees, allowing you to plan your finances with confidence.
How we work
Step one
Consultation
We begin by understanding your business objectives, financial systems, and reporting needs.
Step two
Custom Setup
Our team customises the management accounts framework to align with your unique requirements.
Step three
Reporting
You receive detailed reports on a frequency that suits your business, complete with analysis and recommendations.
Step four
Ongoing Support
Our commitment doesn’t end with report delivery. We’re here to answer your questions, update your reports, and adjust our service as your business evolves.
Frequently Asked Questions
What are annual financial statements and why do I need them?
Annual financial statements are formal reports that show how your business has performed over the financial year. They are required by law for limited companies and help you understand your financial position, meet compliance obligations, and make informed decisions.
What needs to be included in my financial statements?
Your financial statements typically include a balance sheet, profit and loss account, and notes to the accounts. These documents provide a full picture of your company’s finances and must be prepared in line with UK accounting standards.
When do I need to file my financial statements?
You must file your financial statements with Companies House within nine months of your company’s financial year-end. Missing the deadline can result in penalties, so it’s important to stay on top of your filing dates.
Can you help me understand what my financial statements mean?
Yes. We don’t just prepare your accounts, we explain them in plain English so you know what the numbers are telling you. Whether it’s understanding your profit margins or identifying areas for improvement, we’re here to help.
What happens if my financial statements are filed late or incorrectly?
Late or incorrect filings can lead to fines and damage your company’s reputation. We make sure everything is accurate and submitted on time, helping you avoid unnecessary stress and stay compliant with Companies House requirements.
