Statutory accounts built from your own books, ready to read before anything is filed.
Accounts production takes your reconciled books through set up, generate, and review and file. You read the full and filleted accounts, with last year beside this year, before anything goes to Companies House.
Year-end accounts and Corporation Tax are a £149 a year add-on to Business Pro, and included in Autopilot.
The year-end checks come first, then the accounts.
Depreciation, prepayments, directors’ loans, dividends, capital allowances and stock each show whether they are complete or need action. Then the Profit & Loss Account, Balance Sheet, Directors’ Report and Notes to Accounts are drawn up under FRS 105 or FRS 102 Section 1A.
- Last year's figures sit beside this year's on every statement.
- Download the full or filleted accounts as PDF or iXBRL, or as Excel and Word.
The Corporation Tax follows from the same accounts.
The computation starts from your profit before tax and shows each step: what is added back, what is deducted, capital allowances, losses and reliefs, then the tax.
- The CT600 has its own pages for capital allowances, chargeable gains, loss relief and group relief.
- Your accountant can be given access to review the accounts and approve them.
Rolling outFiling from Financial IQFiling the accounts with Companies House from Financial IQ runs through a connected accountancy firm, and it isn’t open to every account yet. Live CT600 filing to HMRC is rolling out too. Until it reaches you, you can file the return separately.
Nothing is filed until you say soFiling asks first, in plain words: File filleted accounts with Companies House? The deadline countdown stays on screen while you read.
£149 a year on Business ProIncluded in Autopilot
Works with
Bank reconciliation
Reconciled bank lines are what the accounts are built from.
See bank reconciliation
Company secretarial
Share capital in the accounts comes from the same share register.
See company secretarial
Documents
Statements, bills and receipts are already on file when the year closes.
See documents
Common questions
Can I file directly with Companies House and HMRC?
Filing the accounts with Companies House from Financial IQ runs through a connected accountancy firm and isn't open to every account yet. Live CT600 filing to HMRC is rolling out, so until it reaches you, file the return separately. Nothing is filed until you confirm it.
Which accounting standards does it use?
FRS 105 for micro-entities and FRS 102 Section 1A for small companies. You get a Profit and Loss Account, Balance Sheet, Directors' Report and Notes to Accounts, with last year's figures alongside, as PDF, iXBRL, Excel or Word.
How much does it cost?
On Business Pro, year-end accounts and Corporation Tax are an add-on at £149 a year. They are included in Autopilot.
What if my company is not straightforward?
Then bring in an accountant. Groups, complex share structures and unusual transactions are work for a professional, and you can give them access to review and approve the accounts.