Your year-end accounts should fall out of your bookkeeping software – with no surprises.
Dates and deadlines:
It’s useful to wait two or three months just to make sure everything has been accounted for properly.
There may be events and information arising in the new financial year that need to be reflected in last year’s accounts.
And often there are items of information that need to be disclosed and explained in your accounts that need to be collated. The common ones are:
Your company accounts flow into your corporation tax return and both are prepared at the same time.
For years, nothing much has changed in the world of year-end accounts but all of a sudden a great deal is changing.
Companies House are mandating that:
At the same time, there are wide-ranging changes to the accounts that need to be produced by a company.
Firstly, the size thresholds defining small, medium and large companies are increasing so there will be more small and medium companies.
Secondly, there are changes to accounting rules which will change how some transactions are accounted for and increase the information to be disclosed in published accounts.
We’re all going to have to plan and think carefully about year-end accounts for a while.
If you’re self-employed or a landlord then you need to pay attention to MTD.
The basic rules are that from April 2026 the self-employed and landlords must keep digital financial records and they will need to make quarterly filings of income and expenditure to HMRC.
The rules apply first of all to self-employed people and landlords whose sales and rents exceed £50,000 and this threshold will fall in future years.
Our message to all self-employed people and landlords is two-fold:
This is sensible whether you’re caught by the £50,000 threshold or not.
Concentrate on the Digital and the Tax will not be a headache.
Limited companies must file:
We’ll handle both and keep you ahead of deadlines.
Your accounts include:
Over the next couple of years more information will be required in the notes as the rules governing accounts disclosure are changing.
It’s the tax on company profits. The rate of tax starts at 19% for profits below £50,000 and rises to 25% as profits rise towards £250,000.
If you control more than one company these thresholds reduce and each company reaches the 25% rate sooner.
We calculate it accurately and help you plan for it throughout the year.
Only a summary version is publicly available. Just your balance sheet and related notes. Your P&L stays private – for now!
If your turnover exceeds £90,000, VAT registration is required. Below that, voluntary registration may still make sense — we can help you decide.
Yes — up-to-date books mean smoother, faster year-end work and fewer surprises.
We don’t believe in forms, we believe in talking to people, finding out your needs and tailor-making a solution just for you.
Give us a ring on 020 7125 0270 or email us at info@bluedotconsulting.co.uk
Specifically South West London, including:
“We are a small organisation with no in-house financial expertise, so it’s a huge weight off my mind knowing that I can rely on Michael and his team to take care of everything.”
“Michael and the team are my saviours. Always helpful, approachable and reliable. They show an interest in my business and give excellent advice and recommendations. Above all, they are highly likeable and fun to work with.”
“You guys are brilliant. It’s been a challenging few weeks facing up to the issues but I do feel positive towards them now and I feel a weight has lifted from my shoulders. I am honestly so thankful!”
