Statutory Accounts
Our accountants can help your business prepare and submit your Statutory Accounts to Companies House. We file correctly and on time so you avoid any penalties.
Statutory Accounts and Accounts Preparation
Statutory accounts, also known as annual accounts or financial statements, are required to be submitted to Companies House by all Limited Companies (“Limited” or “Ltd”), Public Limited Companies (“PLCs”), and Limited Liability Partnerships (“LLPs”) at every year-end.
They are reports that showcase everything your company owns, owes and is owed (balance sheet) as well as your turnover, costs and profitability (profit and loss account) over the financial year.

Why Choose DS Burge & Co Accountants?
At DS Burge & Co, our team of accountants are experts at helping business prepare and submit your documents to Companies House, ensuring they are filed correctly and filed on time so you avoid any penalties.
As part of our annual accounts preparation service, we don’t just submit them to Companies House on your behalf, we also help you better understand your company’s finances. We can also combine your statutory accounts filing with your Corporation Tax Return submission so know what to save up for your tax bill and can adjust your cash-flow accordingly.
From cash-flow to profit, we want to help you grow, and so we offer each and every customer a friendly, flexible and professional service customised to their individual needs.
We'll handle the headache and submit your Statutory Accounts for you
Schedule a free consultation with our specialists and make sure your statutory accounts are submitted accurately and on time

What are statutory accounts?
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Limited companies must produce statutory accounts (annual accounts) every financial year. The level of detail isn’t granular, so it won’t include individual invoices or pay to specific individual(s).
This applies to all limited companies, whether your trading, non-trading or dormant you’re required to submit.
They are used to report your company’s financial information and should be sent to:
- Companies House
- HM Revenue and Customs (HMRC) as part of your Company Tax Return
- Limited company shareholders
- People who can go to the company’s general meetings
The annual accounts are set out in a specific format, defined by the Companies Act, so that they can be published on public record.
Testimonials

- I started using DS Burge and Co following a recommendation from my brother. I have been with them now for 6 or 7 years now and I always find them to be extremely responsive and efficient. Kieran and Darius are extremely knowledgeable and up to date. I have recommended them to a number of friends who have started using them and then told me how good they. This reflects well on me but it has also confirmed my impression that they are a quality outfit.Dr M.1/26/2020
- Everybody at DS Burge has been super helpful in the past. Any questions I have with regards to my accounts are answered and dealt with quickly and efficiently. The personalised service is very appreciated. I can highly recommend this company.Karin1/26/2022
- Incredible accountants lovely people professional friendly very informativeMark S.8/12/2021
- Extremely competent accountants with a great customer attention. Simply, the best accountants I've ever used. Totally recommended.Carlos M.1/26/2022
- i have to give DS Burge& Co 5 stars as they are by far the best accountants we have had for over 40 yearsSandra B.1/26/2022
- Burge & Co was recommended by friends and we used them last year and they did a fantastic job for us. They were thorough and friendly throughout. I would highly recommend them to family and friends. MLStefan L.12/26/2023
- I have been with DS Burge for 6 years or more now - They are excellent people to work with - very professional company they always respond very quickly to my emails. I would highly recommend using DS BurgeBarry G.11/26/2023
- It’s great working with Kieran and the team. Fast and efficient and extremely knowledgable.Marieke S.1/26/2022
- I am very pleased with the service they provide.Louise H.12/26/2023
- Very efficient service, accounts always done on timeHelen S.1/19/2024
- Excellent service from DS Burge and Co; very responsive and pragmatic and helpful approach. Extremely well priced service. My wife and I have used their services for a number of years and have always been extremely impressed.Julian T.1/26/2020
- Very pleased with the service they have provided over the years. They have responded clearly and quickly to any issues we have had. They are good value for money. They are a professional service and we have had no problems with the Inland RevenueMark F.1/26/2022
- Dealing with Kieran is always a pleasure, prompt, efficient and extremely professional. We would highly recommend.London T.1/26/2022
- Kieran and the team have always given me a first class service - good, timely work, and responding to queries quickly and professionally. Highly recommended.Richard M.2/24/2024
- Kieran has helped with my accounts over the last few years and has been so great. He helps me understand things when I’ve not and bent over backwards to ensure my business is running smooth. Highly recommend Kieran to anyone who needs help with accounts. Ben ColemanBen C.1/26/2022
When do your statutory accounts need to be filed with Companies House?
The deadline for submission of your first set of statutory accounts is 21 months after you first incorporate your limited company. After this, you are then required to submit your statutory accounts annually within 9 months after your company’s year-end.
Please note these annual accounts are different from your confirmation statement. The company’s confirmation statement is due after the company’s first year since its incorporation (your company’s first year-end) and once a year after that. The first set of statutory accounts are then due another 9 months after this period – 21 one months in total.
The deadline for these statutory accounts and your tax return are also different, however, we find most businesses want us to file them at the same time to simplify the process.


What is included in statutory annual accounts?
The information that your company is required to submit to Companies House varies depending on the size of your business.
Irrespective of your size, they must include:
- ‘Balance sheet’ – total value of its assets (what the company owns and is owed), total value of its liabilities (what the company owes)
- ‘Profit and loss account’ – Income, expenditure and resulting profits of the company
- Notes about the accounts – Providing more details of the figures above
- A director’s report (unless you’re a ‘micro-entity’)
Small and medium businesses don’t usually have to have an audit, however, please check the government's advice on audit exemption for private limited companies.
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How to prepare statutory accounts?
Statutory accounts are prepared in a fairly generic format to make them easier to understand and compare.
Popular accounting software can help speed up the process of preparing your annual accounts, but as you’re legally responsible for the information submitted, we’d always recommend speaking to us first.


What is the difference between management accounts and statutory accounts?
Management accounts are different to statutory accounts as they are financial reports used internally to help business owners and senior managers make strategic decisions on a day-to-day basis.
Typically, they are produced on a weekly, monthly or quarterly basis and provide a deep level of insight into the business against various key performance indicators (KPIs).
Statutory accounts, as already discussed, have to include at minimum key financial information, and are required to be formatted in a specific way for public consumption. Management accounts are rarely shared outside of the business.