A statutory report detailing the financial activity of a company during its most recent 12-month financial year. The annual accounts must be delivered to Companies House within 9 months of the account [..]

The period of time covered in a Company Tax Return. Limited companies must pay corporation tax on all taxable income from that period. It will normally begins when trading starts and ends on the accou [..]

The date that signifies the end of a company’s financial year and the date to which the annual accounts must be made up to. It is normally the anniversary of the last day of the month in which the com [..]

The legal standards that limited company statutory accounts must meet – either International Financial Reporting Standards or UK Generally Accepted Accounting Practices (GAAP).

The term applied to a company that is trading and ‘active’ for corporation tax purposes.

See Accounting Reference Date

An independent review of a company’s annual accounts, carried out by an accountant or auditor. The purpose is to ensure the financial statements are true and fair, prepared in accordance with the Comp [..]

An independent review given to the shareholders of a company that reports on the truth and fairness of the annual accounts submitted by the company directors.

A six-digit alphanumeric code provided by Companies House upon the formation of a new company. The code acts as an online signature and allows secure signing into WebFiling or Software Filing and subm [..]

A provision contained in Section 2(5)(a) of the Companies Act 1985 that requires a limited company to restrict the total value of its issued shares to an authorised amount. Abolished by the Companies [..]