Limited company accountants in Glasgow

Limited company accounting in Glasgow. Plan your year-end records, understand filing responsibilities and agree the accounts and tax work you need.

Discuss your needs

01 / Your next step

Prepare for your company year end

A person checking figures with a calculator beside a laptop and notebook.
Illustrative photo: Mikhail Nilov / Pexels.

A limited company needs records that explain its financial activity. Preparing annual accounts starts with those records and the period they cover. Goodwill Accounting welcomes enquiries about first accounts, an approaching year end or a change of accountant.

Tell us the company name, year-end date and current position. Are the books complete? Have earlier accounts been filed? Are there transactions with directors, loans, equipment purchases or changes in ownership to explain? A short overview helps identify the work before a quote.

Annual accounts and Corporation Tax work are connected tasks with different purposes. The engagement should state whether both are included and who handles each submission.

02 / Your next step

Records for an accounts handover

Common year-end information
InformationWhat it helps establish
Bank and payment-account recordsBalances and transactions across all company accounts.
Sales, purchases and outstanding itemsTrading activity and amounts still owed at the period end.
Equipment, stock and finance agreementsAssets, stock records and borrowing that require attention.
Payroll and director transactionsPay, expenses and movements between the business and its directors.
Earlier accounts and opening balancesThe starting position and consistency with previous periods.

This list is a practical starting point. The company’s activity determines the final information required. Keep explanations for unusual transactions alongside the supporting documents. If you are changing accountants, agree the handover and access to existing records before cancelling services.

The government’s company record guidance explains the distinction between company finances and personal finances. Transactions with an owner still need proper records.

03 / Your next step

Four dates that can mean different things

Typical private company deadlines
TaskUsual deadline
First Companies House accounts21 months after incorporation.
Later Companies House annual accounts9 months after the financial year ends.
Corporation Tax payment9 months and 1 day after the tax accounting period ends.
Company Tax Return12 months after the tax accounting period ends.

These are general rules for private companies. First periods, changed accounting dates and other circumstances need separate checks. Read GOV.UK’s accounts and tax return overview and check your company’s actual dates.

Keep the confirmation statement on a separate list of company tasks. It does not replace annual accounts. Avoid using one reminder labelled “company filing” for every obligation. Include any approaching date in the enquiry so it can be considered before work is accepted.

04 / Your next step

Agree the boundaries around the accounts

Accounts preparation may depend on additional work to organise the books. Specify whether bookkeeping is complete or needs attention. Agree how missing evidence and unreconciled transactions will be handled.

If the company is VAT registered, explain the position of its VAT returns. If it pays staff or directors through payroll, include the payroll records. Personal returns, tax enquiries, forecasts and company secretarial work should only be assumed where expressly included.

Directors remain responsible for the company’s reporting obligations when they appoint help. Check the figures and explanations supplied for approval. Keep the final accounts, submission confirmations and agreed scope where they can be accessed later.

05 / Your next step

Request an accounts quote

Include the company name, year end, trading activity, software, approximate transaction volume and the last filed period. Mention whether the company has started or stopped trading, has employees or needs records prepared before the accounts.

Use the fees page to prepare a consistent brief. A quote should identify the period, submissions, supporting work and any exclusions. Use the form below to describe your company without attaching confidential documents.

Questions

Before you enquire.

You can enquire about first accounts. Provide the incorporation date, accounting date and trading start date, because the relevant periods may differ.
No. They serve different purposes and have different requirements. Ask which company administration tasks are included in your engagement.
No. Directors remain responsible for their company’s records and reporting obligations. They should review information and approve the work as agreed.
Explain its full activity and any transactions. Dormant status and the required filings must be assessed for the relevant authority and period.
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