Company Accounts in Wallington, Surrey

Looking for company accounts in Wallington, Surrey? This page lists verified Wallington accountants offering company accounts services, alongside everything you need to know before hiring one. Company Accounts services in Wallington typically suit limited company directors, contractor companies, family businesses and small to medium SMEs incorporated at Companies House. Fixed fees for a small Surrey limited company typically run £600–£1,500 for accounts and corporation tax, scaling up to £2,500+ for companies with stock, multiple revenue streams or near the audit threshold.

What Company Accounts Involves

Annual statutory accounts include a profit and loss account, balance sheet, notes, and (where required) a directors' report. Small companies can file abridged accounts at Companies House. The same figures feed the CT600 corporation tax return submitted to HMRC. Filing is due nine months after the company year end at Companies House and 12 months after for the tax return, with corporation tax payable nine months and one day after year end.

Company Accounts in Wallington — What's Different Locally

Wallington has a population of around 20,000 and a local economy built around Education, Professional Services, Retail. That mix shapes the kind of company accounts work Wallington accountants see most often. Wallington is largely a commuter town, so a large share of local accountancy work involves second incomes, side businesses, rental properties and contractor companies run alongside a PAYE day job. Most Wallington accountants offer a free initial chat, so it's worth shortlisting two or three and comparing approach as much as price.

Company Accounts Specialists in Wallington

Frequently Asked Questions

What's the difference between Companies House accounts and a corporation tax return in Wallington?
Companies House receives your statutory accounts (often abridged for small companies). HMRC receives a separate CT600 corporation tax return with full accounts attached. Most Surrey accountants prepare both from the same underlying figures and file them together.
When are my company accounts due?
Your first accounts are due 21 months after incorporation. After that, you have nine months from your accounting reference date to file at Companies House and 12 months to submit the CT600 to HMRC. Corporation tax is payable nine months and one day after year end.
What is the difference between an accountant and a bookkeeper?
A bookkeeper records day-to-day transactions and reconciles your bank. An accountant takes those records, prepares statutory accounts, files them with Companies House and HMRC, and advises on tax planning, dividends and director remuneration. Many small Surrey firms offer both.
Can I prepare and file my own company accounts?
Legally yes — but small companies still need to meet FRS 105/102 standards, and the iXBRL tagging required for HMRC is fiddly. The bigger risk is missing legitimate corporation tax deductions, getting director's loan account positions wrong, or filing late and incurring penalties.
How do I switch accountants for my limited company?
Sign a new engagement letter with your chosen accountant, who will then send a professional clearance letter to your existing accountant. The handover usually takes 2–4 weeks and involves no cost to you — your previous accountant is required to pass over working papers and tax records.