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 conform with these standards to ensur

For any limited company running in the United Kingdom, the preparation of accurate statutory accounts is essential. These accounts provide a comprehensive overview of the company's financial performance over a specific fiscal year. Preparation should be undertaken with significant care, ensuring full conformance with all relevant accounting standar