Professional Company Accounts in Ladock

Get in touch

Company Accounting in Ladock

At The Tax Advisors, we understand that preparing and filing company accounts can be daunting for many business owners.

As a professional and affordable group of tax accountants based in the UK, we are here to help you navigate the complexities of this process and ensure that your financial records are accurate, compliant, and filed on time.

Contact us today to find out how we can help with your professional company accounts.

Get in touch

What Are Company Accounts?

Company accounts are financial statements that provide a detailed overview of a company's financial performance over a specific period, typically a fiscal year.

These accounts are essential for informing stakeholders, such as shareholders, creditors, and regulatory bodies, about the company's financial health.

Why Is It Important to Prepare and File Company Accounts?

  1. Legal Requirement: In the UK, all limited companies must prepare and file annual accounts with Companies House and HMRC. Failure to do so can result in penalties and legal repercussions.

  2. Financial Transparency: Company accounts offer transparency to stakeholders, helping them make informed decisions about investments, loans, and partnerships.

  3. Tax Compliance: Accurate accounts are crucial for calculating corporation tax liabilities and ensuring that your company pays the correct amount of tax.

The Process of Preparing Company Accounts

1. Gather Financial Information

The first step in preparing company accounts is gathering all relevant financial information. This includes:

  • Sales Invoices: Records of all sales made during the financial year.

  • Purchase Invoices: Documentation of all expenses and purchases.

  • Bank Statements: Detailed statements of all transactions made through the company's bank accounts.

  • Payroll Records: Information on salaries, wages, and other employee benefits.

  • Receipts: Proof of any other business-related expenditures.

2. Record Transactions

Once you have gathered all necessary financial data, the next step is to record these transactions accurately. This can be done using accounting software or manually in ledgers. Proper categorisation of income and expenses is crucial to ensure accuracy in the final accounts.

3. Prepare Financial Statements

The key financial statements that need to be prepared include:

  • Profit and Loss Account (P&L): This statement shows the company's revenues, costs, and expenses during the financial year, resulting in the net profit or loss.

  • Balance Sheet: A snapshot of the company's financial position at the end of the financial year, including assets, liabilities, and shareholders' equity.

  • Cash Flow Statement: This statement tracks the cash flow in and out of the business, highlighting the company's liquidity.

4. Review and Adjust

Before finalising the accounts, reviewing and adjusting them for any discrepancies, such as unpaid invoices or unrecorded expenses, is essential. This ensures that the accounts accurately represent the company's financial status.

Filing Company Accounts in Ladock

1. Filing with Companies House

Once the accounts are prepared, they must be filed with Companies House. The deadline for filing is typically nine months after the end of the financial year. This process can be completed online or by post.

2. Filing with HMRC

In addition to filing with Companies House, companies must also file a Company Tax Return (CT600) with HMRC, including the full statutory accounts and tax computations. The deadline for filing is usually 12 months after the end of the financial year.

3. Pay Corporation Tax

After filing your accounts and tax return, you will need to pay any corporation tax due within nine months and one day after the end of your accounting period.

FAQs about Company Accounts in TR2 4

What happens if I file my company accounts late?
Late filing can result in penalties from Companies House, starting at £150 and increasing the longer the delay. HMRC may also impose fines and interest on unpaid corporation tax.

Can I file my company accounts myself?
Yes, you can file your company accounts yourself. However, seeking professional help to ensure accuracy and compliance with UK accounting standards is advisable.

What is the difference between abridged and full accounts?
Abridged accounts are a simplified version of full accounts, omitting detailed profit and loss information and reducing the detail required in the balance sheet. Small companies often file abridged accounts to maintain privacy.

The Tax Advisors: Your Partner in Preparing and Filing Company Accounts

At The Tax Advisors, we offer a comprehensive range of services to help you prepare and file your company accounts with ease. Our team of experienced tax accountants provides tailored advice and support, ensuring that your accounts are accurate, compliant, and submitted on time. With our professional and affordable services, you can focus on growing your business while we take care of the numbers.

Why Choose The Tax Advisors?

  • Expertise: Our team is well-versed in UK accounting standards and tax laws, ensuring that your accounts are prepared to the highest standards.

  • Affordability: We offer competitive pricing, making professional accounting services accessible to businesses of all sizes.

  • Personalised Service: We take the time to understand your business, offering bespoke advice and solutions that meet your specific needs.

Contact Us Today

For more information on how we can assist with preparing and filing your company accounts, contact The Tax Advisors today.

Simply drop us a message and we will be in touch with help and advice.

Let us help you stay compliant, save time, and avoid unnecessary penalties.

Get in touch

We cover Ladock (Cornwall)

Get in touch

We aim to get back to you in 1 working day.


Skip to

Gallery

Other locations available for professional company accounts
Millendreath St Keyne Currian Vale Malpas Trewoon Hatt Crofthandy Hellesveor Godolphin Cross Kennards House Little Comfort Wendron Gweek Sennen Cove Cusveorth Coombe Levalsa Meor Trew Rescorla Shop St Anthony-in-Meneage Looe Zoar Troon Linkinhorne Churchtown Highertown West Pentire Sellan Ruan Minor Whitemoor North Darley Kilkhampton Sharptor Bishop's Quay Cockwells Treligga Truscott Sweetshouse Tregullon Veryan Wilcove Lansallos Porkellis Tregellist Mulberry Lockengate Tolvaddon Downs Shop Boyton Stenalees Philleigh Bolventor Carn Arthen Tresillian Maryfield Trenear Withiel Newtown Prussia Cove Dinas Rosudgeon Idless Illogan Penberth Landulph Twelveheads Rejerrah East Tuelmenna Stoptide Trehunist St Mawes Pencarrow Manaccan Tomperrow Portloe Whitewell Bugle Woon Porthallow Hendrabridge Perranporth Tremorebridge Carne Mixtow Trevowhan Duloe Blunts Penpoll Trencreek Goonhavern Truro Treator Barkla Shop Lanner Old Kea Sladesbridge Kehelland Higher Larrick Manor Parsley Slaughterbridge Tregrehan Mills East Portholland Treswithian Mawla Old Cardinham Castle Trevanger Trethewey Highercliff Red Post Lamledra Stratton Chapel Town Pempwell Helland Hendra Mevagissey Three Holes Cross Mawnan Trenant Quethiock Degibna Darleyford Lerryn Helscott Rosenannon Bodwen South Petherwin Trevarrack Gwedna High Lanes Fonston Crowlas Radnor Percuil Colan Ladock Trefrize Boscoppa Treburgie Carwynnen Bolingey Pennytinney Mawgan Porth Trillacott Rosewarne Boskenna St Blazey Gate Upton St Kew Highway Rosevear Carleen Carnhell Green Treworlas Burraton Coombe Lower Tregunnon Crosstown Boswin Deveral Curgurrell Tregreenwell Churchbridge Busveal Ashton Plain-an-Gwarry Treninnick Tregonna Madron Pencoys Roseworthy Goonhusband Carthamartha Wenfordbridge Crow's Nest Ventonleague Bofarnel Old Mill Rosedinnick Otterham Station Mylor Bridge Forrabury Mawgan Park Pool Gunwalloe Fishing Cove Wearde Woolston Roseland Cross Lanes Trewoon Lamanva Trevilla Lower Denzell Troan West Portholland Mount Charles Tregurtha Downs Menherion Trencrom Boswyn Trevadlock South Carne Mithian Downs Quoit Treesmill Wheal Busy Grimscott St Eval Mount Charles Trekenning Carbis Mount Pleasant Lawhitton Hendra Come-to-Good Varfell Treworthal Tuckingmill Carnyorth Brent Trewint Trehemborne Tolgus Mount Kestle Higher Bojewyan Lamorran Torfrey Carnsmerry Perranarworthal Bethany Grillis Baldhu Lanlivery Tywardreath Highway Perran Wharf Copthorne Gang Trethurgy High Cross East Looe Tregadgwith Redmoor Holmbush Michaelstow Kelynack Bilberry Clubworthy Tremail Carn Brea Village Bealbury Crean Reen Manor Cox Hill Farms Common Woodford St Martin Penpol Tresawsen Mawnan Smith Hendra Ruan Lanihorne Broad Lane Plusha Penzance Carfury Sandylake Drift Mongleath Edmonton Paynter's Lane End Stennack Ludgvan Daw's House Nancledra Penare Boquio Trezelah Tregeseal Tideford Cross Trenarren Whitstone Longdowns Fivelanes Hallew Georgia Tregolls Gooseham Warbstow Resugga Green Eggbeare Sparnon Gate Gummow's Shop Saveock Menagissey Winnard's Perch Treviscoe Pont Cutmadoc Larrick Lowertown Porthilly Hornick Tresparrett Posts Horningtops Treath Trevail Couch's Mill Trenewan Carnkie Wheal Alfred Bissom Crahan Treviskey Carnon Downs Kerris Trenance Trewartha Blowinghouse Mithian Highway Stursdon Yeolmbridge Playing Place Badgall Brocton Southcott Penhale Tubbs Mill Kingsand Budge's Shop Trethowel Trewen Muchlarnick Treskillard Tredannick Mullion Fenton Pits Crafthole Mount Hawke St Winnow Chilsworthy Hallworthy Stibb London Apprentice Lower Amble Plushabridge Trethillick Coxford Helford Passage Townshend Edgcumbe Rose Tregardock Hayle Manhay Grumbla Congdon's Shop Hick's Mill Amalebra Costislost Bush Antony Splatt Bodmin Millpool Bradford Paul Treforda Trewassa Trelew Lesnewth Billacott Nance Luxulyan New Downs Penhalvean Durgan Temple Wall Trevorrick St Gennys Valley Truckle Dannonchapel Crimp Rinsey Croft Coombe Tolborough Treen Trewindle Halton Barton Longrock Bodellick Treburrick Carne Roskear Croft Perranzabuloe Leedstown Downderry Penryn Bareppa Lavrean Tremaine Cawsand Braddock Treliske Camborne Coombe Trevarrick Penwartha Coombe Tremore Coverack Trewartha Merther Porthcurno Pentewan Penhale Jakes Newtown Trewennack St Michael Penkevil Penweathers Davidstow Flushing Banns Trezaise Cusgarne Crowan Trewellard Nanceddan Kersbrook Cross Wadebridge Sheffield Amalveor Caroe Addington Doddycross Trevemper Joppa St Just in Roseland Salem Norris Green St Teath Readymoney Bridge Gooseham Mill Bowling Green Monkscross St Breward Four Lanes Tresinney Perrancoombe Tresamble Welltown Plain-an-Gwarry Three Burrows Bakesdown Truthan Altarnun Mitchell Connor Downs Fraddam South Tehidy Trebartha Lewannick Clapper Flexbury Maer Carnebone St Mellion Hendra Croft West Looe Hersham Lanescot Cardinham Trematon Castle Drym St Stephen Mylor Churchtown Treslothan Great Tree Higher Crackington Lamorick Treverbyn Kents Ruan High Lanes Paramoor Timbrelham Callestick Pensilva Port Quin Saltash Penrose Hill Hendraburnick Bangors Constantine Treworrick Trenoon Penrose Cripplesease Gilbert's Coombe Lantyan Newtown-in-St Martin Dunmere Poniou Lamellion St Keverne Par Treloquithack Peterville Chyvarloe St Columb Road Gwills Cocks Charaton Cross Menheniot Bridges Perranwell Cold Northcott Bridge Tolcarne Bohetherick Carloggas Tregajorran Trenoweth Higher Menadew Penwartha St Tudy Carnkie Trewethern Terras Toldish Crantock Porthoustock Crumplehorn Whipsiderry Rumford Trematon Thurdon Polmarth Little Petherick Trethewell Morwenstow Darite Cross Coombe Kestle Mill Perranuthnoe Cannalidgey Pillaton Goonlaze Highlanes Helford Blisland Trelowia Trelights St Columb Minor Latchley Creegbrawse Fletchersbridge Tilland Sheviock Silverwell St Wenn St Stephens Higher Town Brill Morval Garras Watergate Treen Trewarmett Higher Bal Treforda Relubbus Pipers Pool Keybridge Bridgetown Mount Reawla Marhamchurch St Ervan Tywardreath Shutta Launceston Trebarwith Strand Helston Metherell Newbridge Bohortha Old Park Lane-end Bathpool Sparnon Connon Plain Street Towan Cross Tregear North Hill Rilla Mill Bray Shop Melinsey Horsedowns Inchs Polgear Trethellan Water Pencuke Skinner's Bottom Wherry Town Watergate Berriowbridge Cargreen Lower Boscaswell Bealsmill Tencreek St Erney Barcelona Sithney Common Porthtowan Trewollock Polyphant Seaureaugh Moor Lamorna Tregarlandbridge Treskerby Mountjoy Rosewarne Truas Brane West Youlstone Carlyon Bay Grampound Trerose Downgate Carzise Nanstallon Coldvreath Trevelmond Allet Bodieve Lower Ninnes Egloshayle West Curry Parkengear Higher Tremarcoombe Trewithian St Erth Marshgate Penhalurick Downgate Flushing Canworthy Water Nanquidno Minions Bridgend Trythogga Calloose Scarcewater Roscroggan Gwinear Downs Trevithal Heamoor Newton Freathy Stencoose New Polzeath Hugus Hale Mills Dimson Tregamere Pantersbridge Lanivet Mulfra Tregavarah St Endellion Zelah Trebarwith Penrose Budd's Titson Polruan Turfdown Porth Trevalgan Gracca Polwheveral Trenerth Lower Mill Cury Trenance Treveor Beacon Fraddon Trevarth Rosemergy Trescoll Castle Gate Goldsithney Tregoss Warleggan Trevegean West Watergate Coombe Angarrick Trelash Black Cross Row Feock Trendeal Porthcothan Bocaddon Herniss Trebilcock Porteath Newmill Polpeor Widemouth Bay Piece Paul's Green Trevance St Minver Coldharbour Pendrift Carluddon Venterdon Carne Henwood Rezare South Hill Church Town Church Coombe Halabezack Landrake Lelant Treburley Tintagel Burnthouse Sticker Canonstown St Martin Dunslea Tremayne St Breock Kenneggy Trelissick St Gluvias Cambrose St Merryn Golberdon Charlestown Barripper Trevelver Trerulefoot Tremedda Tresowes Green Ventongimps Rising Sun Trenhorne Halvosso Hendra Trenance Bude Traboe West Downs St Pinnock Gothers Bethel Pengelly Carnhot Maenporth Woolley Greensplat Drawbridge Fernsplatt Crows-an-wra The Towans Lezant Ponjeravah Pennance Rosecare Porthmeor Goonown Coppathorne St Ewe Portreath Goon Piper Clerkenwater Vogue Insworke Catchall Hendra Budock Water Tredinnick Middle Taphouse Lambourne Corgee Falmouth Croft Mitchell Twelvewoods Helebridge Trerise Newlyn Greenwith Common Treverbyn Portwrinkle Little Bosullow Tredinnick White Cross Polborder Millook Crowntown Phillack St Issey Todpool Pendoggett Werrington Blackwater Carkeel Stepaside Chenhalls Luckett Dunveth St Erme Lower Croan Crelly Jolly's Bottom Goonvrea Forge Forder Trefanny Hill Reskadinnick Carharrack Rillaton Gerrans Roskorwell Carthew Looe Mills Nancemellin Trevenen Lower Trebullett Harlyn Botusfleming Coad's Green Gwithian Garker Washaway Engollan Trewey Kenneggy Downs Treskinnick Cross Northcott Higher Porthpean Withielgoose Lank Wheal Rose Thorne Lower Rose St Ruan Carthew Noonvares Dutson Treveal Tregonetha Helstone Upton Trebeath Tregurrian St Levan Coswinsawsin Nine Maidens Downs Rinsey Kerley Downs St Day Calstock Halsetown Bolenowe Burraton Pengegon Killaworgey Trevilson Egloskerry Beeny Trevine Rosevean Nanpean Boskednan Bowithick Padstow Common Moor St Austell Boswednack Brunnion Penwithick Lanstephan Redtye Treween Two Burrows Middle Crackington Marazanvose Calvadnack Goon Gumpas Kelly Bray Gunwalloe Mellingey Seworgan Penhale West Taphouse Trevenning Talskiddy United Downs Trembraze Southdown Warbstow Cross Trevalga Trewen Tregony Treworga Redruth Burgois Higher Boscaswell St Hilary Parc Erissey Rosehill Buttsbear Cross Probus Brea Burras Tolcarne Newport Trussell Treworld Ponsongath Botallack Doublebois Porthleven Trengune Box's Shop Lower Brynn Higher Downs Trenance Polgigga Menna Portscatho St Neot Fentonadle Tredinnick Trebudannon Higher Condurrow Tredrizzick St Mewan Trevoll Torpoint St Michael Caerhays Rock Tregatta Burniere Gunnislake Carbis Bay Gwavas Hellandbridge Treburgett Tredinnick Ponsanooth Merther Lane Hannafore Coombe Crackington Haven Tregeare Criggan Tregarne Bosleake Palmersbridge Bodiggo Polbathic St Germans Waterloo Windmill Maxworthy Scorrier Retallack Trevena Polmorla Bolitho Threewaters Lanjeth Hendra Perranwell Station West Tolgus Lodge Hill Carminow Cross Newquay Cremyll Otterham Treknow Treveighan Lower Woodley Week Green Poundstock Chapel Amble Boscastle Ellenglaze Coxpark Rockhead Comford Eastcott Rosevine Maders Truthwall Skewes Zennor Whitecross Trevilder Tregada Polladras Nancegollan Hewas Water St Newlyn East Polkerris White Cross Portmellon Boswinger Trekenner St Jidgey Milcombe St Mawgan Collamoor Head Perranwell Retire Milltown Curry Lane Foxhole Tredethy Troswell Gorran Haven Caradon Town Cooksland Tolskithy Mount Westdowns Laity Moor Trebarber Harcourt Sea Mills Lynstone Green Bottom Mousehole St Ann's Chapel Pengold Rame Releath Tregona Golant Upton Cross Lane Seaton Illogan Highway Buryas Br North Tamerton Bowling Green Trebullett Trevia St Just Chacewater Sithney Treneglos Ruthvoes St Lawrence Lelant Downs Towan Stoke Climsland Anderton Penbeagle Fowey Higher Cransworth Port Isaac Lezerea Gorran High Lanes Polzeath Longstone Treswithian Downs Trewennan Belowda Pelynt Botternell Trenay Torrpark Angarrack Hessenford Tregoodwell Trenant Sweets Knightor Tredaule Paynter's Cross Goonbell Penhallick Treningle Penpont Coverack Bridges Carzantic Rame Trebell Green Constantine Bay Hendra Trewethen Harrowbarrow Treleigh Mena North Beer Gam Treyarnon Bottoms Trewithick Newbridge Broadlane Devoran Newbridge Copperhouse Carn Towan Mayon Biscovey St John Carloggas Mabe Burnthouse Helston Water Clowance Wood Cadgwith Tregidden Praa Sands Bosporthennis Notter Ruthernbridge Port Gaverne Chapel Merry Meeting Mullion Cove Pendeen Trevigro Park Bottom Trevowah Tuckingmill Boduel Trekeivesteps Medlyn Trenwheal Tremethick Cross Antony Passage Splatt Grade Tregadillett Trequite Mount Hermon Gluvian Mellangoose Carclaze Tregorrick Kuggar Whitecross Brazacott Rosemelling Nancenoy Trewint Restronguet Passage Treliver Lower Porthpean Creed Chyandour Praze-an-Beeble New Downs Polmassick Sancreed Withielgoose Mills Prospidnick Veryan Green Millpool Trewetha Coombe Hay Penponds Camelford Gulval Butteriss Gate Lostwithiel St Mabyn Tregonning Kea Polperro Wanson Ladycross St Enoder Tregorden Halamanning Lower Treworrick Portholland Gwennap Kingbeare Badharlick Balwest Porthhallow Trewidland Polmear Three Hammers Whitecross Church Cove Tresawle Gwavas Trebyan Chynoweth Black Rock Kerthen Wood Gwallon Breage Meaver Viscar Carlidnack Dizzard Mineshope Sennen Millbrook Widegates Trelill Polbrock Penelewey Lowertown Boscean Newmills Higher Tolcarne Bodinnick St Kew Wainhouse Corner St Anthony Drakewalls Wheal Kitty North Corner Lower Bodinnar Lizard Carey Park Lantuel Delabole Pityme Germoe Victoria Tregarland Bennacott Illand South Wheatley Downhill Tremar Trevone Gonamena Rescassa Puddle Nantithet Jacobstow Longstone Cubert Kilhallon Pentire Penhallick Penpethy Trevarren Roche New Mills Trewornan Weir Quay Lanreath Marazion Halwin Frogpool Chyanvounder Bodelva Maudlin Boscadjack St Dominick Cross Hill Morvah East Taphouse St Columb Major Wheal Frances Stithians Treskilling Rose-an-Grouse Enniscaven Brooks Penstraze Grampound Road Frogwell Bissoe Gollawater Trevanson Pengersick Tideford Trelowth Penmayne Tredinnick Trevenen Bal Mount Ambrose Downinney Tregew Poughill Porth Kea Shortlanesend St Stephens Trescowe Goonabarn Molinnis Ball No Man's Land Quintrell Downs Wringsdown Summercourt Cowlands Narkurs Trispen Middlewood Laddenvean Roseworthy Trewoodloe Balnoon Perran Downs Netherton Tolcarne Wartha Trewalder Chycoose Langore Highertown Menadarva Milltown Trevellas Callington Tutwell Lower Clicker St Veep Chynhale Polpenwith Towednack St Ives St Allen Trelan Gwinear Tresmeer Burlorne Tregoose North Country Middlehill Sandplace Launcells Cross Laneast Treven Tresoweshill Brighton Ruan Major Croanford Lanjew Trehan Trewint Tregatillian South Pill Merrymeet Tresean Halgabron Parkfield Tramagenna Kenwyn Petherwin Gate Killivose Polgooth Demelza Haye Fm New Mill St Ive Roseworthy Barton Gorran Churchtown Calenick Liskeard Penmarth St Dennis Trethevey Comfort Carclew Porthgwarra St Agnes High Street Ninnes Bridge St Ive Cross Porth Navas Trevescan Tregunna Scredda Foundry Lanteglos Highway Talland Penpillick Bosoughan Tregonce Holywell Trussall Blue Anchor Trebetherick Leburnick Trelion Tresavean Pengover Green Dobwalls St Erth Praze Gwenter Gloweth Lanteglos Burlawn Mornick Tresevern Croft Wheal Baddon Bodilly St Clether Castallack Indian Queens Herodsfoot Trevarrian Bokiddick Kelly Hillhead Lower Woon Portlooe Carnkief Rosenithon Week St Mary Boscreege Cutmere Lower Menadue Tresarrett Tregarrick Mill Moorswater Poltesco Bossiney Mingoose Threemilestone Coombe Great Bosullow St Clement St Buryan Tredavoe Plaidy Boslymon St Blazey Shortacross Treverva Berepper Boslowick Tresparrett North Petherwin Trethosa Vellanoweth Treal Sithney Green Crugmeer Higher Land Gillan Penhallow Knightsmill Rosehill Latchbrook Carpalla Raginnis