Annual business accounts are, of course, still very important as they are required by the taxation authorities and often requested by banks and other lenders. It goes without saying that we are well capable of producing annual accounts for virtually any type of business - sole trader, partnership, limited company and so on. We handle small and medium sized businesses as well as specialised areas including charities and pension funds. We advise in all areas of company taxation including Self-Assessment, Dividend and Tax Planning, Corporate, Personal, Capital and Inheritance Taxes. It is a statutory requirement for all companies to submit financial statement to Companies House within 10 months after the accounting year end. We provide a full accounts preparation service and can ensure submission to the appropriate bodies by the required deadline. If you want to become familiar with the description and the contents of England company formation packages, offered by Coddan CPM LTD and to find above, what kind of service is included in this or that British companies incorporation package, to get an idea about the price of annual renewal of the service, and about the general legal requirements to the company incorporation within Great Britain, please, select the package you need from the list, situated below the banner. The information in the banner will be renewed according to the package you've chosen. The basic document package we provide will not differ significantly from that available at a major corporate law office.

Your company year end accounts need to be filed with Companies House within ten months of your company's year end. A company can appeal if their accounts are delivered late only if exceptional circumstances are responsible for the delay. For example, this may include a tragedy within a sole-traders family or an accident at the workplace that has destroyed important accounting documents. Accounting reference dates (ARD). The ARD is the financial year-end. It is also the date that determines when accounts are due for delivery to Companies House. Every company has an ARD. Companies House must be told in advance when the date is about to be changed. It can be costly if you forget to tell us and prepare accounts to the wrong date. If you do, we will refuse registration of the accounts and you will have to prepare fresh accounts to the ARD held on record at Companies House. Preparing and filing accounts. There are deadlines by which accounts must be prepared and delivered to Companies House. If you miss the deadline an automatic penalty will be levied, without exception. So it is important that you, your accountants and your auditors are aware of the filing deadline. Content of accounts. This booklet cannot tell you how to prepare company accounts - your accountant has specialist knowledge of this. But it will tell you what documents make up a set of accounts, what exemptions you may be able to take advantage of, and whether you will need to appoint an auditor.

Every English and Scottish private company must have at least one director. There is no limit to the number of directors allowed. The directors are responsible for the management and day to day operation of the company and have a duty to be aware at all times of the company's financial situation. The Companies Act lays down strict rules regarding the duties and conduct of directors, and it is worthwhile investigating such rules upon taking any such appointment. Acting as a director is a serious issue, and you should not consider doing so unless you will be fully aware of the company's activities. Details can be provided free of charge from ourselves or from Companies House.

Most executive directors have specific and recognisable managerial roles in the activities of the company (e.g. Finance Director, Personnel Director, Sales Director, etc.), which indicates that as a director, the person has responsibility for the activities of that particular discipline. This, however, can lend itself to the misunderstanding (or myth) that, as a director and in Board Meetings, a person is required only to look after the interests of their particular discipline. But Board membership involves a holistic responsibility for the entire company which may mean the interests of a particular department must be subordinated to the interests of the whole. In addition, of course, all directors assume a full range of duties and responsibilities under ever-increasing legal requirements.