First-Year Accounts for New Companies
Your first-year accounts, filed correctly.
You have incorporated, started trading, and now Companies House has a deadline with your name on it. Your first set of statutory accounts is not complicated — but the consequences of getting it wrong, or late, are disproportionate to the mistake. Fixed monthly fee, ACCA-qualified accountant, same-day replies.
- Statutory accounts prepared and filed before the deadline
- Corporation tax calculated and CT600 submitted to HMRC
- Your tax position clear months before the bill arrives
- No year-end surprises — numbers explained in plain English
Initial conversations are free and without pressure. If you decide it is not the right fit, you leave knowing exactly what your filing obligations are.
Get a free quote
Fixed pricing. Same-day reply.
What our clients say
★★★★★
Responds Every Time, Without Fail
“He always responds to messages and calls so quickly, has a wealth of knowledge and experience and is absolutely trustworthy.”
★★★★★
Proactive Advice Before Problems Arise
“Hasan at Edward Harris has been superb for us. He has organised our books, compiled documentation for HMRC and been proactive with advice.”
★★★★★
Made Complex Finances Easy to Understand
“Hasan is always prompt in responding to my inquiries and made complex financial concepts easy to understand.”
★★★★★
Patient With First-Time Business Owners
“Hasan has been amazing and extremely helpful he has been very patient with me being new to running a business, he had given me some great advice.”
Sound familiar?
Not sure what your first filing actually requires?
Most new company directors know the deadline exists but are less clear on what goes into statutory accounts, what corporation tax looks like, or what Companies House actually needs to see. The first year is also when habits form — and scrambling to find twelve months of receipts at year-end is considerably more stressful than it needs to be.
- Unsure what statutory accounts must include or when they are due
- No idea what your corporation tax bill will be until HMRC tells you
- Records scattered across bank statements, emails, and spreadsheets
What a clean first year looks like
Your statutory accounts are prepared accurately, your tax position is visible well before the deadline, and your records are organised from day one. There is considerably less to worry about when someone is watching the calendar for you.
- Statutory accounts prepared, explained, and filed on time
- Corporation tax calculated early — no bill arriving out of nowhere
- Books organised from the start, not reconstructed under pressure
- Fixed monthly fee — no invoice you were not expecting
What new business owners say
Several clients came to Edward Harris in their first year of trading. These are their words, unchanged.
Hasan has been amazing and extremely helpful he has been very patient with me being new to running a business, he had given me some great advice and I will continue to use Edward Harris & Hasan
We have been working with Hasan for almost a year. He’s been very helpful providing us with knowledge as new business owners. It’s great we can WhatsApp for general queries, making communication more efficient.
Everything your first year requires
First-year accounts cover more than one filing. Here is what is included and why each part matters.
Statutory Accounts and CT600
Your year-end accounts are prepared to the required Companies House standard and filed before your deadline. The CT600 corporation tax return is submitted to HMRC at the same time, with your tax liability calculated accurately and explained in plain English before anything is signed off.
Core complianceYour Tax Bill, Months Early
One of the most common complaints from new directors is finding out what they owe in corporation tax only when the deadline is close. Your liability is calculated well before it falls due, so you know the number and can plan around it. No surprises.
Tax planning includedBookkeeping and Records Setup
Clean books from the start make year-end straightforward and give you a clear picture of your business throughout the year. We set up cloud accounting on Xero, QuickBooks, or FreeAgent, and show you what to keep track of going forward — without burying you in instructions.
Cloud software includedConsistently rated five stars on Google
Clients range from sole traders and new limited companies to growing SMEs. These are three unedited reviews.
Switched Accountants, Never Looked Back
“I started off with an incredible expensive company who I could never reach or get good advice from – then THANKFULLY found Hasan who has been our accountant ever since.”
Best Accountant I Have Used
“Hasan at Edward Harris has been superb for us. He has organised our books, compiled documentation for HMRC and been proactive with advice. Best accountant I have used.”
Deep Knowledge, Easy to Understand
“They provided exceptional service, demonstrating a deep understanding of accounting principles and tax regulations. Hasan is always prompt in responding to my inquiries and made complex financial concepts easy to understand.”
What makes the first year go smoothly
Several things separate an accountant who files your accounts from one who helps you start well.
No Deadlines Missed on Your Watch
Your first statutory accounts are due nine months after your accounting period ends. That deadline is tracked from the day you come on board. You will not discover you are late — the filing will simply happen, with confirmation sent to you once it is done.
Tax Clarity Before the Bill Arrives
Corporation tax is not due until nine months and one day after your year-end, but many new directors only find out what they owe shortly before that date. Your tax position is reviewed well in advance, so the number is not a shock and you have time to set funds aside if needed.
Questions Answered the Day You Ask
New business owners tend to have a lot of questions in their first year — about expenses, dividends, VAT thresholds, and what they are actually allowed to claim. Those questions get answered the day you ask them, not at your next annual review. Clients reach Hasan by phone, email, or WhatsApp.
Up and running in four steps
Most new clients are set up and have a clear picture of their obligations within a few days of their first conversation.
Get in touch
Call 0161 706 1523, email info@edwardharris.co.uk, or use the contact form. We reply the same day. Initial conversations are free and without pressure — you are not committing to anything.
Free initial conversation
We discuss your company, your trading start date, and what records you have so far. You will leave the call knowing your filing deadlines, what needs to be done, and what it will cost — fixed monthly fee, no surprises.
We set up your books
Cloud accounting is set up on your preferred platform and connected to your bank. We handle the onboarding and show you what to send us going forward. The administrative lift on your side is minimal.
Year-end handled for you
When your accounting period closes, your accounts are prepared, your tax calculated, and everything filed. You review the numbers in plain English before anything is submitted. Your first year ends with clean accounts, a clear tax bill, and no last-minute scramble.
“Excellent service! Hasan took over and sorted out my accounts with a swift and hassle free service. I would highly recommend for your accounting needs.”
Things most new directors ask us
When are my first-year accounts actually due?
Your first statutory accounts must be filed at Companies House within 21 months of your company’s incorporation date — but subsequent years shorten to nine months after the accounting period end. Your corporation tax return and payment are due nine months and one day after your accounting period closes. We track both from the point you come on board, so neither date catches you off guard.
What does it cost, and what is included?
Pricing is fixed monthly and agreed upfront — no hourly rates and no invoice you were not expecting at year-end. Your first-year accounts, CT600 corporation tax return, Companies House filing, and ongoing bookkeeping support are covered within your monthly fee. We will confirm the exact figure on your free initial call, based on your company’s size and transactions.
My records are a bit of a mess. Is that a problem?
It is a common starting point, particularly in the first year. We will work through what you have, identify any gaps, and reconstruct the records we need to prepare accurate accounts. There may be a one-off catch-up fee if the volume of work is significant, but that is always agreed in advance and never added retrospectively.
Is there a long-term contract?
No. Clients stay because the service works, not because they signed something that makes leaving difficult. If you decide to move on, your accounts and records are yours — we will hand everything over cleanly, with nothing outstanding on your side.
Do I need to register for VAT in my first year?
You are required to register for VAT once your taxable turnover exceeds £90,000 in a rolling 12-month period. Many new companies do not reach that threshold in year one, but it is worth monitoring from the start — crossing the threshold without registering carries penalties. We track this as part of your ongoing support.
Can I take a salary and dividends in my first year, and how does that affect my tax?
Yes — most owner-managed limited companies pay a low salary and top up with dividends, which is generally more tax-efficient than a salary alone. The optimal split depends on your company’s profit, your personal income, and other factors. We work this out as part of your first-year planning, so you are not leaving money on the table or taking more than is advisable.
Get your first year sorted properly.
First-year accounts prepared and filed accurately, your corporation tax visible in advance, and a fixed monthly fee so there are no surprises. Initial conversations are free and without pressure.