Accounting

Limited Company Accounts · South West

Limited company accounts in Wood, South West

Running a limited company from Wood means two annual filings that have to agree with each other and with the director's own tax return. We prepare the accounts, the Corporation Tax computation and, in the bundle package, the director's Self Assessment, so the dividend figures match everywhere. One fixed fee, online, across South West.

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 Wood

Owner-managed limited companies in Wood, South West 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 Wood, South West, 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

Why Wood businesses file with IGI

The price for limited company accounts is published on this page and is what a client in Wood pays. We confirm it in writing first, and the invoice matches the quote.

Nothing for Wood is left to the last week. Each deadline relevant to limited company accounts is tracked from the day you join, with the next four shown on every page we send you.

Online only, UK based. There is no office in Wood 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. Wood, South West 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 Wood 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 Wood, South West, every submission to HMRC or Companies House follows your written go-ahead.

Local facts

About Wood, South West

Wood, South West is in South West, 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
Whitestreet0.3 miSE
Coldharbour, Cornwall0.4 miSE
Mithian0.7 miN
Silverwell0.8 miS
Barkla Shop0.8 miNW
Gollawater0.9 miNE
Buckshead, South West1.0 miNW
Goonbell1.0 miW

Worth knowing

Rules that come up in this work

CIS deductions

The Construction Industry Scheme affects both sides of a construction payment. Contractors must verify subcontractors, deduct the right amount, issue statements and file monthly, with penalties from £100 for each late return. Subcontractors suffer deductions on turnover and recover the excess at the year end. Limited company subcontractors offset deductions against PAYE monthly instead.

Confirmation statements and identity verification

The confirmation statement is the annual check that the public register is right: officers, registered office, SIC codes, shareholders and the PSC register. It carries a £50 fee and no financial penalty for lateness, but failure to file leads to compulsory strike-off. The identity verification regime introduced in November 2025 has added a further check to every statement.

Allowable expenses

An expense is allowable against trading profit if it is incurred wholly and exclusively for the business. Materials, business travel other than ordinary commuting, a proportion of home running costs, software, insurance, professional fees, bank charges and protective clothing qualify. Client entertainment, ordinary clothing, fines and the private share of mixed-use costs do not.

Record keeping

Record keeping is a legal obligation with a penalty of up to £3,000 for failure, but its real value is in making every other filing cheaper and more defensible. Keep invoices, receipts, bank statements, mileage logs and any HMRC correspondence, digitally if you like, for five years after the relevant filing deadline for individuals and six years for companies and VAT.

The 60-day property CGT return

Selling UK residential property that was not your main home for the whole period of ownership triggers a separate Capital Gains Tax return, due within 60 days of completion along with payment of the tax. This is in addition to the annual Self Assessment. The gain is taxed at 18% or 24% depending on your income band, after the £3,000 annual exempt amount.

Crypto records and reporting

Crypto tax splits into capital gains on disposals and income on rewards, with different rates and different reporting. The £3,000 annual exempt amount and the 18% and 24% rates apply to gains; staking, mining and airdrop income is taxed at marginal income tax rates. HMRC's nudge letters to holders have increased sharply, and a voluntary disclosure before one arrives is treated far more leniently.

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.

Questions

Limited Company Accounts questions from Wood

What do you need from me to prepare the accounts?

Bank statements for the full year, sales and purchase records or your bookkeeping software login, details of any assets bought or sold, loans, and the previous year's accounts and CT600 if we did not prepare them. If your books are not kept, the "from bank statements" approach works but may move you to the small company fee.

What is the difference between micro-entity and small company accounts?

A micro-entity has turnover under £1 million, a balance sheet under £500,000 and up to 10 employees (thresholds from April 2025) and may file abbreviated accounts with very few notes, at our £299 fee. Companies above those limits but still "small" file fuller accounts with more disclosures, at £449. We confirm which you are from your figures.

What happens if accounts are filed late?

Companies House penalties are automatic and double if you were late the previous year too: £150 up to one month late, £375 up to three months, £750 up to six months and £1,500 beyond that for a private company. HMRC adds £100 for a late CT600, rising with time. Our fee includes filing rescue at no extra charge if we have your records in time.

When are company accounts due?

Nine months after your accounting reference date for Companies House, and the Corporation Tax payment is due nine months and one day after the year end. The CT600 itself is due twelve months after the year end. A first set of accounts is due 21 months after incorporation. We track all of these and remind you.

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.

Is limited company accounts in Wood really the same price as elsewhere?

Yes. The fee published on this page is what a client in Wood, South West pays and what a client in any other part of England pays. It is confirmed in writing before work starts and the invoice matches the quote. Where a higher package applies because your situation is more complex, we say so at the quote stage, never afterwards.

Do you have an office in Wood?

No. IGI Accounting is an online-only firm. We serve Wood, South West and every other UK postcode remotely, with records sent by WhatsApp or email and everything filed electronically. The absence of local premises is why the fee for limited company accounts is the same in Wood as anywhere else in the country, and why there is nothing to visit and nothing to print.

Start the conversation from Wood

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