Statutory accounts
UK Limited Companies and Limited Liability Partnerships must place their statutory annual accounts on public record at Companies House. These are normally filed 9 months after the accounting period end.
The UK system does allow you to change the accounting period end so that it fits well with your overall business activity and operations.
If desirable, statutory annual accounts can be prepared in currencies other than UK pounds sterling. If, for example, your sales and purchases are primarily European, Euros may be the more appropriate currency for you.
Under UK legislation, the statutory annual accounts must conform to various detailed disclosure requirements. As Chartered Accountants, we will ensure that when we prepare your statutory accounts, the disclosure requirements are met and that they comply with either UK GAAP or IFRS.
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