A guide to the Statutory Accounts format
Statutory Accounts are accounts which must be prepared annually. These accounts are sent to HMRC, Companies House and also company shareholders.
Here we run down page-by-page of what’s included in the Statutory Accounts format.
1. Cover page
2. Contents page
The content page lists the different sections of the statutory accounts report.
3. Company information
This page will generally cover basic company information: Directors, Accountants, Registered office, Lawyers and Bankers.
4. Director’s report
5. Profit & Loss report
The Profit & Loss report is required in Full Accounts but not for Abbreviated Accounts.
6. Balance sheet
The Balance Sheet is required for both Full and Abbreviated Accounts and must be signed by the Director.
7 & 8. Notes
The notes section must always start with the Accounting Policies.
9. Profit & Loss detail
Detailed Profit & Loss section is only for Management and does not need to be sent to Companies House.
Statutory Accounts Format
Your Statutory Accounts must meet specific standards which is what the accountstemplate.co.uk can help you with. Whatever format you keep you accounts in, we can submit them to HMRC and Companies House for you in the format they need.