A practical year-end checklist for small limited companies
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Year end need not be a scramble. A short checklist a few weeks before your accounting reference date makes accounts preparation faster and cheaper.
Records to gather
- Bank and credit card statements for the year
- Sales invoices and purchase invoices
- Payroll summaries and P60/P45 information
- Loan statements and hire purchase agreements
- Fixed asset additions and disposals
Decisions to review
- Stock or work-in-progress valuation
- Directors' loan account position
- Dividend timing versus salary
- Capital expenditure before year end
Deadlines
Accounts and corporation tax have separate filing and payment deadlines. We will confirm yours in your engagement calendar.