Year End Accounting Services

We create comprehensive year-end accounts using your financial records, whatever form they’re in, ensuring we’re meeting the right standards and deadline for your business. We take the pressure off when it comes to maintaining your small business end of year accounts, and our digital experts can recommend the best software to digitise your finances.

Year-end accounts for sole traders and small businesses

Our dedicated team at Pier View Accounting will work with you to gather all required financial records so we can prepare accurate year-end accounts, and file them on time with HMRC and Companies House.

Why annual accounts are important

No matter how big or small your business, year closing accounting is mandatory. They are required by HMRC, investors, and some insurance providers too. Your end of year company accounts provide valuable insights into how your business is doing, where costs could be cut, and profits grown.

Necessary for tax returns, funding from investors, and some insurance providers
Provide knowledgeable insights into your annual income and expenses
Allow you to make informed decisions and plans with confidence
Help spot financial issues or overspending before they become problems
Legally required for Partnerships and Limited Companies

Our year-end accounts service for small businesses

We put together comprehensive business end of year accounts based on your financial records, whether they’re paper, spreadsheets, or from other databases. Our friendly and helpful team can organise your figures and give you the facts about your finances, while taking the stress out of deadlines and compliance.

We’ll fill in any missing or incorrect information from your records
We’ll use the right year-end accounts template for your business
We’ll ensure your accounts are compliant with any HMRC or Companies House obligations
We’ll interpret the facts and figures to give you valuable, actionable insights
We’ll provide ongoing support with any follow-up actions after submission

Make financial reporting easier by digitise your accounts for MTD

Benefits of our end of year accounting services

Our friendly and helpful team will talk you through which financial records we need to ensure your year-end accounts are accurate and prepared on-time for HMRC or any other deadlines. As part of this service, we provide:

Comprehensive year-end accounts, compliant with HMRC

Valuable insights into how your business is doing

Confidence that you’re reporting accurately and on time

Less pressure when tax deadlines are approaching

FAQ's

Frequently Asked Questions

When do I need to start preparing for end of tax year accounts?

You should start to prepare for end of year accounting at least 1 month before the due date. This gives time to get everything together, understand your financial situation for the past fiscal year, and plan for any tax obligations. When you partner with the small business accountancy experts at Pier View Accounting, we’ll let you know when to send us your information.

Do my end of year accounts need to be digital?

From April 2026, Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) affects sole traders and landlords with a qualifying annual gross income of over £50,000. If you need help selecting the best accounting software for your business, speak with our digital experts who can identify the best solutions for you.

What happens if I miss the submission deadline?

HMRC and Companies House are strict about tax submissions, and if you miss the deadlines for whatever reason, expect fines and penalties to be issued. The longer you leave your tax accounts unsubmitted, or unpaid, the higher the interest will be and it can even impact your credit rating.

Can I file my own end of year accounts?

If you are confident enough with the UK tax system and its many rules and regulations, then we can provide assistance to help you get everything done correctly. You’ll need to gather bank statements, your payroll records, PAYE details, receipts and invoices for the past year, as well as asset purchases and any loans, then submit them with the correct digital software by the deadline. Alternatively, you can send everything to us and we’ll organise every piece of information for you so no mistakes are made.

TAKE THE PRESSURE OFF AT YEAR-END WITH PIER VIEW ACCOUNTING

We’ll help you get your annual accounts sorted

Our experts at Pier View Accounting are ready to help you prepare accurate year end accounts that are compliant and on-time for your business deadlines.

If you’re ready to take control of your finances, or simply take the pressure off at the end of the financial year, book a free consultation today to discuss how our bookkeeping experts in Bristol, Clevedon and North Somerset can help you and your business.