End of year accounts will be filed by many accountants on behalf of small businesses across the UK over the coming months in what is commonly known in the accounting world as ‘busy season’. This coincides with the fact that Companies House has recently released a new abbreviated accounts pdf tool through its web filing service, something that will be useful to small/medium sized limited companies.

The end of year accounts PDF is accessed from within a company’s account on the WebFiling website. It saves time by populating sections of a company’s abbreviated accounts. The pdf can be downloaded and guides you through the process of filling out abbreviated accounts.

Companies House has certain criteria defining the size and type of business and whether they can file abbreviated accounts. For more information please read this link before completing and submitting abbreviated accounts as part of your end of year accounts.

Now it’s not like we want to brag here at Clear Books, however, thanks to our abbreviated accounts tool your end of year accounts are even easier to complete. Clear Books users simply have to click a button to generate a fully populated set of abbreviated accounts. There is no need to fill in any financial data as it is all populated from the system.

It is recommended that you get your accountant to review your your end of year accounts before submitting abbreviated accounts.

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Posted by Tim Fouracre

Tim founded Clear Books in 2008. Like many small business owners he worked from home for 15 months to get his startup off the ground. Today Tim enjoys helping Clear Books, its customers and its growing team innovate and achieve. Tim did his GCE O Levels in Ghana.

One Comment

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    I am growing to love Clear Books and the abbreviated accounts function looks really very good.

    I am not sure how possible this is, bearing in mind that to file a company set of abbreviated accounts online requires downloading a PDF tailored to the login itself, but would it be possible to produce, and even post to Companies House the accounts directly from Clear Books? Now that would be clever – I don’t think there is an accounting package on the market that will post directly to Companies House.

    Of course, this is very lazy of me and really doesn’t need to be done, but you have gone this far…I wonder if you could take the idea any further?

    Keep up the great work.

    Reply

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