Beyond the basics: How to make the most of your limited company accounts

February 22, 2024

Statutory accounts are the yearly financial reports that limited companies are required to prepare to submit to Companies House.

Your statutory accounts offer you, your shareholders, and the tax authorities a clear picture of your business’s financial standing.

In these reports, you’ll find details about your company’s earnings, spending, and overall financial health over the past year.

However, they aren’t just vital documents for compliance with the Companies Act – they’re also essential for keeping track of how your business is performing financially.

This guide breaks down what goes into these accounts, why they matter for your business, and how to squeeze insights out of them.