Accounting

Limited Company Accounts · West Midlands

Limited company accounts in Morton Underhill

Every company registered in Morton Underhill owes Companies House a set of accounts nine months after its year end and HMRC a Corporation Tax return twelve months after it. We prepare both from your bookkeeping or your bank statements, explain what the numbers mean for your dividends and tax, and file electronically for a fixed fee agreed in writing.

from £299 · fixed, per year

Next deadlines

  • Company tax return (CT600) due 12 months after your year end (a 31 December year end files by 31 December)
  • Confirmation statement due within 14 days of your review date, at least once every 12 months
  • Companies House accounts due 9 months after your year end (a 31 December year end files by 30 September)
  • Corporation Tax payment, 9 months and 1 day after your year end (a 31 December year end pays by 1 October)

Who this is for

Limited Company Accounts for Morton Underhill

Owner-managed limited companies in Morton Underhill of every kind: contractors and consultants trading through a company, trades and retail businesses, property companies, family firms with a handful of staff, and dormant companies that still owe Companies House a filing. If your company is small enough to file micro-entity or small company accounts, this is the service for you.

What is included

Everything inside the fixed fee

  • Statutory accounts in the correct format (micro-entity, small company or dormant) with the notes Companies House requires
  • Corporation Tax computation and CT600 return, including capital allowances and loss relief claims
  • iXBRL tagging and electronic filing with both Companies House and HMRC
  • A director's summary of profit, tax due, retained reserves and how much can safely be taken as dividends
  • Director's loan account review and section 455 tax check
  • Companies House and HMRC deadline tracking with reminders before each date

How it works

Limited Company Accounts from Morton Underhill, step by step

  1. Scope the job

    We find out what you need filed, when it is due and what state the records are in, and tell you which fixed-fee package applies.

  2. Agree the price

    The fee is confirmed in writing. There is no hourly billing and nothing added for questions during the work.

  3. Hand over the records

    Photographs, PDFs, software access or a spreadsheet, sent however suits you. We confirm what we have and what is missing within two working days.

  4. Approve, then we submit

    You review the draft with our explanation, sign off, and we file. Receipts, copies and the next deadlines come back to you immediately.

Why IGI

What you get in Morton Underhill

No hourly rate and no surprise invoice. Morton Underhill clients know the fee for limited company accounts before they send a single document, and it stays fixed.

Deadline-first: the dates that matter for limited company accounts are shown at the top of this page, diarised for every Morton Underhill client and chased before they arrive.

Online only, UK based. There is no office in Morton Underhill to pay for, which is why the fee is the same here as anywhere in England; the work is done by people in the UK who answer the same day.

You get one contact for limited company accounts, not a queue. Morton Underhill clients message the same person throughout and get an answer in working hours, usually within a few hours.

Plain English, with the numbers. Every draft for Morton Underhill comes with a short explanation of what the figures mean and what, if anything, you should do about them.

Approval before filing is a rule, not a courtesy. For limited company accounts in Morton Underhill, every submission to HMRC or Companies House follows your written go-ahead.

Local facts

About Morton Underhill

Morton Underhill is in West Midlands, England. For businesses in England the tax rules are those set by the UK Parliament: the 20/40/45% income tax bands, Class 4 National Insurance for the self-employed at 6% and 2%, Corporation Tax at 19% to 25%, and Stamp Duty Land Tax on property. Business rates are set locally by the council.

Nearby places we also serve for limited company accounts
PlaceDistanceDirection
Morton under Hill0.0 miN
Holberrow Green0.8 miE
Stock Wood1.0 miSW
Stockwood, Wychavon1.0 miSW
Little Inkberrow1 miS
Bouts1 miE
Shurnock1 miNE
Inkberrow1 miS

Worth knowing

Rules that come up in this work

Closing a company

Voluntary strike-off is available only to solvent companies. One that owes money it cannot pay needs a creditors' voluntary liquidation through a licensed insolvency practitioner, and directors who dissolve an insolvent company face personal consequences. For a solvent company the process takes three to four months from filing the DS01, with notice to creditors and shareholders within seven days.

Switching accountants

The main reasons people switch accountant are surprise invoices, missed deadlines and not understanding what they are being told. Switching involves a clearance letter between the firms, a transfer of records and agent authorisations, and a short handover of the current position. It takes about two weeks and should cost nothing extra.

Workplace pensions and auto-enrolment

Every employer must assess its workers for automatic enrolment from the first employee's start date. Those aged 22 to State Pension age earning over £10,000 a year must be enrolled into a qualifying pension with minimum contributions of 8% of qualifying earnings, at least 3% from the employer, and a declaration of compliance made to the Pensions Regulator within five months.

Employer National Insurance

The cost of an employee is more than the salary. Employer National Insurance at 15% above £5,000 a year, the 3% minimum pension contribution, holiday pay, equipment and management time all come on top. The Employment Allowance of £10,500 reduces the National Insurance for most employers with more than one person on the payroll.

The trading and property allowances

The first £1,000 of trading income and, separately, the first £1,000 of property income each year is tax free under the trading and property allowances. Below those figures no return is needed for that income. Above them you can deduct the £1,000 allowance instead of actual expenses if that is better, which suits side businesses and single-room lets with few costs.

Dormant companies

Dormancy is a status that is easy to lose. The strict rule is no accounting transactions other than share capital and Companies House fees, which means no bank account activity at all in practice. Fees should be paid personally by the director. A company that traded and has stopped becomes dormant only after its final trading accounts and tax return are filed and HMRC is told.

The 60-day property CGT return

Since April 2020 a gain on UK residential property must be reported and the tax paid within 60 days of completion through HMRC's dedicated service, separately from the annual return. Non-residents must report all UK land disposals in the same window whether or not tax is due. Getting the computation right first time matters because the figure is then carried into the Self Assessment.

Questions

Limited Company Accounts questions from Morton Underhill

How do dividends work and how much can I take?

Dividends can only be paid from accumulated profits after Corporation Tax. We calculate the distributable reserves in your accounts and tell you the figure. Dividends need a board minute and a voucher each time; we provide templates. The personal tax on dividends depends on your other income, and the planning review covers that.

Can you include my personal tax return?

The £389 bundle covers micro-entity accounts, the CT600 and the director's Self Assessment return together. It is cheaper than buying them separately and ensures the dividends and salary on the personal return match the company's records exactly.

Does the fee include Corporation Tax?

Yes. Both the £299 micro-entity and £449 small company packages include the Corporation Tax computation, the CT600 and electronic filing with HMRC. The standalone CT600 at £199 is for companies whose accounts are prepared elsewhere.

What if my year end is awkward or I want to change it?

You can shorten your accounting period as often as you like and extend it once every five years, by filing form AA01 with Companies House. Extending a period can push the first filing deadline back. We advise on this before the first year end if it helps, at no extra charge.

What rate of Corporation Tax will my company pay?

Profits up to £50,000 are taxed at the 19% small profits rate, profits over £250,000 at the 25% main rate, with marginal relief in between so the effective rate rises gradually. The thresholds are divided by the number of associated companies, which catches directors who own more than one company.

Do you file with iXBRL?

Yes. Both Companies House and HMRC require accounts and computations in iXBRL format, which tags every figure electronically. We produce and validate the tagged files as part of the service; you never see or pay for this separately.

How do I get started from Morton Underhill?

Message us on WhatsApp or email with a sentence about your business and what you need. We reply in working hours with any questions and a fixed fee for limited company accounts. Once you confirm, we tell you exactly which records to send and the work begins. Most Morton Underhill clients are set up within a day.

Which deadlines matter most for limited company accounts?

The next four dates that apply to limited company accounts are shown at the top of this page, calculated from today. For Morton Underhill clients we diarise every one of them from the day you join and send reminders before each, so the work is done in good time rather than in the last week before a penalty.

Get a fixed quote for Morton Underhill today

Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.

WhatsApp for a fixed quote