What is the ‘year end’?
In the accountancy world, every business needs to prepare their complete accounts for HMRC and Companies House one year at a time. The ‘year end’ refers to the day that your company’s financial period ends.
If you’re a sole trader, we recommend setting your year end at April 5th – to match the end of the tax year. This avoids confusion with HMRC!
If you run your business through a limited company, then Companies House will set your year end as a year after the end of the month in which you created the company.
We’ll file all your accounts, there’s just a couple of things you’ll need to get together for us…
- Your sales invoices or details of your sales
- Find all the paperwork for your purchases and expenses
- Gather your business bank statements for the year
Once you have rounded up all the necessary paperwork, and then sent it to us, we’ll take care of the hard bit. You’ll save hours of your precious time and be able to focus on running your own business.
