Year-End Accounts Preparation for Sole Traders, Partnerships and Limited Companies
Compliant statutory and management accounts, filed on time with Companies House and HMRC.
Your year-end accounts are more than a legal duty. Done well, they show lenders and investors that your business is sound and give you a clear picture of how you are doing. At WPC Accountants, we prepare accurate, compliant accounts for sole traders, partnerships and limited companies, and file them on time so you never face a late penalty.
Why choose WPC Accountants for your accounts
Compliance you can trust
Error-free statutory accounts filed with Companies House and HMRC, so you avoid late-filing penalties.
Tax-efficient reporting
We prepare your accounts with tax in mind, claiming the allowances you are entitled to so you do not pay more than you should.
Clear financial insight
More than a set of numbers. We help you understand your profitability, cash flow and where the growth is.
Built for SMEs
Cost-effective, right-sized reporting for small and medium businesses, from micro-entities to growing companies.
Qualified team
Qualified accountants with real knowledge of UK GAAP and FRS 102, on hand to explain things in plain English.
Our accounts preparation services
Statutory accounts (year-end financial statements)
Mandatory for limited companies. We prepare fully compliant statutory accounts in line with UK GAAP and FRS 102, and file them with Companies House and HMRC ahead of your deadlines.
- Balance sheet (statement of financial position)
- Profit and loss statement (income statement)
- Cash flow statement, where required
- Director’s report and notes to the accounts
- Full compliance with UK GAAP and FRS 102
Management accounts (monthly or quarterly)
For real-time decision-making throughout the year, we provide regular management accounts that go beyond the annual snapshot.
- Profitability analysis by product, service or department
- Budget versus actual performance tracking
- Cash flow forecasting
- Key performance indicators (KPIs) tailored to your business
Sole trader and partnership accounts
Sole traders and partnerships do not file at Companies House, but you still need accurate accounts to complete your Self Assessment tax return and claim every allowable expense.
- Income and expense summaries prepared from your records
- Tax-deductible expense optimisation
- Partnership profit-sharing allocations
- Ready for Self Assessment filing — we handle both where needed
Abridged and micro-entity accounts
If your business qualifies as a micro-entity or small company, you can file simplified, abridged accounts at Companies House. We check your eligibility and prepare the shortest format allowed.
- Micro-entity accounts under FRS 105
- Abridged balance sheet and profit and loss for small companies
- No requirement to file a profit and loss or director’s report at Companies House where exempt
- Threshold eligibility check included — see the size table below
Which accounts do you need? Current size thresholds
The figures below apply to accounting periods starting on or after 6 April 2025. A company usually qualifies for a category if it meets at least two of the three thresholds.
| Category | Turnover (max) | Balance sheet (max) | Employees (max) |
|---|---|---|---|
| Micro-entity | £1 million | £500,000 | 10 |
| Small company | £15 million | £7.5 million | 50 |
| Medium company | £54 million | £27 million | 250 |
How our accounts preparation process works
- 1
Initial consultation
We assess your business structure and what reporting you need — statutory, management or both.
- 2
Data collection
Secure submission of invoices, receipts, bank statements and ledgers via your cloud accounting software.
- 3
Accounts compilation
We prepare your financial statements in the correct format under UK GAAP, FRS 102 or FRS 105.
- 4
Review and tax optimisation
We identify deductions, allowances and efficiency opportunities before finalising and presenting to you.
- 5
Final submission
We file with Companies House and HMRC ahead of your deadlines — you receive confirmation once done.
Accounts for every kind of business
Limited Companies
Statutory accounts, management accounts and corporation tax — handled together.
Sole Traders
Income and expense summaries ready for your Self Assessment return.
Partnerships
Partnership accounts with profit-share workings and individual SA returns.
Landlords
Rental income accounts and mortgage interest relief calculations.
Charities
Charity accounts in the SORP format with trustees’ annual report.
Simple, Fixed Pricing
We work on clear, fixed fees based on your business type and the accounts you need, so there are no surprises. Whether you are a sole trader with straightforward accounts or a limited company requiring full statutory reporting, we will give you a firm quote before we start. Book a free consultation and we will confirm your fee on the call.
Book a free consultationNo obligation · Fixed fees · No hourly surprises
Frequently asked questions
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Get in Touch
Contact Details
Address
3rd Floor, 112-116 Whitechapel Road, London, E1 1JE
Phone
+44 7380 992174Office hours
Monday – Friday, 10:00 am – 6:30 pm