A limited company is obligated to prepare statutory accounts annually to demonstrate its financial performance. These accounts, typically comprising a balance sheet, profit and loss account, and cash flow statement, are governed by accounting standards set by the Companies House. It is crucial for companies to comply with these requirements to ens

For any limited company conducting in the United Kingdom, the preparation of accurate statutory accounts is essential. These accounts provide a detailed overview of the company's financial performance over a specific period. Preparation should be undertaken with significant care, ensuring full adherence with all relevant accounting guidelines. Fail