First-Year Accounts for Startups
Your first-year accounts, filed correctly.
You incorporated, started trading, and now the first set of statutory accounts is due — along with a corporation tax return you may not have expected. We handle the full process: accounts, CT600, and HMRC submission for a fixed one-off fee of £250. Qualified accountants, ACSP-registered, with same-day replies.
- Statutory accounts and CT600 filed to HMRC and Companies House
- Your corporation tax liability calculated and explained in plain terms
- Extended first-year accounting periods handled without the confusion
- Fixed one-off fee of £250 — no surprises, no ongoing commitment required
No long-term contract required. If you would rather handle subsequent years elsewhere, you leave with clean, filed accounts and nothing outstanding.
Get a free quote
Fixed £250 for most new companies. Same-day reply.
What our clients say
★★★★★
Accounts Filed in a Matter of Weeks
“Prads and the team made filing our accounts so easy. They were patient, knowledgeable, responsive and good to work with.”
★★★★★
New Founder, Nothing Left Unexplained
“Prad makes the whole process straightforward and stress-free. His knowledge of UK accounting and HM Revenue & Customs is second to none.”
★★★★★
Accounts Done Quickly, Huge Relief
“My accounts were put together very quickly, a huge weight off my mind. Definitely recommend their services.”
★★★★★
Professional, Efficient, Everything Handled
“Professional, efficient, confidence that everything is taken care of.”
Sound familiar?
Not sure what your first filing actually involves?
Most new founders reach the end of their first trading year without a clear picture of what is actually due. The deadlines for company accounts and corporation tax are different. The first accounting period often runs longer than twelve months. And the CT600 — the corporation tax return — is something many directors did not know existed until it was almost overdue.
- Uncertain whether accounts are due to Companies House, HMRC, or both
- First accounting period spans more than twelve months, creating filing complications
- No clear figure for what corporation tax is owed or when it must be paid
What a handled first filing looks like
We take care of the statutory accounts, the CT600, and both submissions — to Companies House and to HMRC. You get a clear figure for any tax owed before anything is submitted, with enough time to plan for it.
- One engagement covers both Companies House and HMRC — nothing missed
- Extended accounting periods prepared correctly, deadlines confirmed from the outset
- Corporation tax liability calculated and explained before payment is due
- Fixed one-off fee of £250 — the full price, not a starting point
What new founders say after year one
Both of these clients came to us at the start of their business journey and left with their first accounts filed, their tax sorted, and a clear picture of what comes next.
Working with Prad is an absolute lifesaver as someone just starting out in the business world. Being new to everything, it can feel incredibly overwhelming, but Prad makes the whole process straightforward and stress-free. His knowledge of UK accounting and HM Revenue & Customs is second to none, and he always takes the time to explain things clearly rather than leaving me confused. Having someone I can fully trust to handle my filings means I can focus on actually growing my business rather than drowning in paperwork. If you’re a new business owner looking for a reliable, knowledgeable accountant, I couldn’t recommend Prad highly enough.
I highly recommend Prads and Wings Online Filings! They were professional, responsive, and prompt throughout, and handled our company accounts and tax return smoothly. Excellent service and genuinely reliable, exactly what you want in an accounting partner.
Everything covered in the £250 fixed fee
One fee covers the full first-year filing: statutory accounts, corporation tax computation, CT600, and submission to both HMRC and Companies House — with tax planning included.
Statutory Accounts Prepared and Filed
We prepare your Profit and Loss account and Balance Sheet to the required statutory standard for a limited company. The accounts are then filed with Companies House within the required deadline — you do not need to log in, upload, or chase anything.
Included in £250 feeCorporation Tax Return (CT600)
The CT600 and full tax computation are prepared alongside the accounts, so your corporation tax liability is calculated before submission. You know what is owed and when it is due — not after the filing has gone in. The return is submitted directly to HMRC.
Included in £250 feeTax Planning on Your First Return
First-year accounts often present straightforward opportunities to optimise: capital allowances, deductible expenses, director expenses. We review these as part of the filing rather than treating it as a pure compliance exercise. Any material findings are explained plainly before submission.
Included as standardFounders and directors, across the UK
From first-time founders to established limited companies, clients consistently note the same things: clear communication, fast turnaround, and no surprises.
Whole Process End to End, Weeks Not Months
“Prads made everything super simple and has just finished the whole process end to end in a matter of weeks. Would highly recommend.”
Everything Done Quickly, No Stress at All
“Everything was done quickly and properly, with no stress at all. If you need a service that’s reliable and easy to work with, I definitely recommend Prads and Wings Online Filings Ltd.”
Switched Accountants and Never Looked Back
“Working with Wings Online Filings Ltd has been an absolute pleasure. They are highly communicative, supportive, and provide a responsive, cost-effective service. I switched from another accountant about a year ago and haven’t looked back since.”
Why founders choose us for year one
There are plenty of accountants who will file your first accounts. Fewer will explain what they are filing and why before they submit it.
Fixed £250 — the full price
The fee for your company accounts and corporation tax return is £250, published openly and not dependent on how complicated your year turned out to be. If you find a lower quote from another qualified practice, we will match it. That is the price match promise, not a selling line.
First-year deadlines explained from day one
The first accounting period for a new company often runs longer than twelve months, which creates two separate filing deadlines — one to Companies House and one to HMRC — that do not always align. We confirm your specific deadlines at the outset so nothing is left to assumption.
ACSP-registered, qualified accountants
Wings Online Filings is an Authorised Corporate Service Provider registered with Companies House. Your accounts are prepared by qualified accountants — not automated software with an accountant’s name on the letterhead. The work is reviewed before it is filed, and the person responsible is reachable if you have questions.
Your first accounts filed in four steps
Most founders spend less than thirty minutes on the process from their side. The rest is handled.
Request a quote or get started
Complete the short online form or call us directly. You tell us your company number, your trading start date, and the basics of what the business did in year one. That is usually enough to confirm the fee and the deadlines.
Share your records with us
Bank statements, invoices, any bookkeeping you have done — in whatever state they are in. We work with Xero, QuickBooks, FreeAgent, and Sage, or straightforwardly from a bank export if that is all you have. No particular format is required.
We prepare and share a draft
We prepare the statutory accounts and CT600, calculate the corporation tax liability, and send you a clear summary for review before anything is submitted. You approve the figures and confirm the tax owed. No surprises at the filing stage.
Filed. First year done.
Both submissions go in — to Companies House and to HMRC. You receive confirmation and a copy of everything filed. Your first statutory obligation as a limited company director is complete, and you know exactly what happens next year.
“Prads has been exemplary in assisting with all the paperwork and guiding me to access the relevant codes from Companies House to facilitate submission of both Accounts and HMRC tax information. Prads was extremely patient and supportive to meet the deadlines and offered specialised advice on company matters. Thank you for your expedient delivery and diligence.”
Questions about your first-year filing
My first accounting period is longer than twelve months — does that affect the filing?
Yes, and it is one of the most common points of confusion for new companies. When a company’s first accounting period exceeds twelve months, Companies House requires accounts to be filed in two separate sets covering two periods — the first twelve months and the remainder. HMRC, however, treats it as a single period for corporation tax purposes. We confirm your specific deadlines and structure the filing correctly from the outset so nothing is missed.
What exactly is included in the £250 fee?
The fee covers preparation of your Profit and Loss account and Balance Sheet, the corporation tax computation, the CT600 corporation tax return, and submission of both the statutory accounts to Companies House and the CT600 to HMRC. Tax planning to identify any reliefs or allowances applicable to your first year is included as part of the process, not charged separately. If your situation involves something more complex — such as R&D relief, EIS, or an unusually complicated income structure — we will tell you before starting and confirm whether any additional fee applies.
My records are not in great shape. Can you still file my accounts?
Most clients arriving for their first set of accounts have records in varying states of order. That is normal. We can work from bank statements, Xero or QuickBooks exports, spreadsheets, or a combination of all three. If the bookkeeping requires significant catch-up or clean-up work before the accounts can be prepared, we will tell you upfront what that involves and what it costs — before any work begins.
Do I have to commit to an ongoing arrangement to get my first accounts filed?
No. The £250 fee is a one-off payment for the filing of your first-year accounts and corporation tax return. There is no contract, no retainer, and no expectation of ongoing engagement. Many clients do continue working with us for subsequent years, but that is a separate conversation that happens after the first filing is done.
What is the deadline for filing my first-year accounts and paying corporation tax?
For a new limited company, the statutory accounts must be filed with Companies House within twenty-one months of incorporation. The corporation tax return (CT600) must be filed with HMRC within twelve months of the end of the accounting period. Corporation tax payment, however, is due nine months and one day after the end of the accounting period — which is earlier than the filing deadline. We confirm your specific dates at the start of the engagement so you can plan the payment in advance.
Can you help with tax planning as part of the first-year filing?
Yes, and it is included rather than billed as an add-on. The most common areas for a first-year company are capital allowances on any equipment purchased, deductible business expenses that may have been missed, and director expense treatment. If your business has taken on investment or may qualify for R&D tax credits, we will flag that during the accounts process and advise on whether a separate claim makes sense.
Get your first accounts filed and done.
Fixed £250 fee. Statutory accounts and CT600 prepared by qualified accountants, submitted to both Companies House and HMRC, with your tax liability confirmed before anything goes in.