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.