Service

Bookkeeping and year-end accounts for UK subsidiaries

Monthly bookkeeping in Xero, closed to a timetable that fits your group’s reporting, with statutory accounts and the corporation tax return at year end — from the team that set the company up.

From £600per month · statutory accounts and CT600 included in Establish

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A UK company must keep adequate accounting records, file annual accounts at Companies House (public) and file a CT600 corporation tax return with full accounts and computations at HMRC. Accounts are due nine months after the year end; the tax is due nine months and one day after; the return twelve months after. Late accounts carry automatic penalties from £150 rising to £1,500 and double for a second offence.

We run your ledger in Xero with bank feeds, receipt capture and supplier bills, reconcile intercompany balances with the parent every month, and close the month to an agreed date so your finance team can consolidate. At year end we prepare FRS 102 (Section 1A where the company is small) accounts, the corporation tax computation and the CT600, and file both.

Where the parent reports under US GAAP, HGB, IFRS or Ind AS, we map the chart of accounts to your group’s so the monthly pack drops into consolidation without rework.

What’s included

Xero subscription and set-up with your group’s chart of accounts
Bank feeds, receipt capture and supplier bill processing
Monthly close with intercompany reconciliation
Fixed asset register and accruals
Statutory accounts (FRS 102 / 1A) filed at Companies House
Corporation tax computation and CT600 filed at HMRC
Dividend paperwork and board minutes
Annual review call with your accountant

How it works

What happens, in order

Set up

Xero configured, feeds connected, opening balances entered, chart of accounts mapped to the parent’s.

Monthly

Transactions coded, intercompany agreed, month closed by the agreed working day, pack sent.

Year end

Accounts, computation and CT600 prepared, reviewed with you, signed electronically and filed before the deadlines.

When you need this

Who this is for

Trading UK subsidiaries that need reliable monthly numbers and clean statutory filings. Dormant or pre-trading companies need less — see dormant company.

Common questions

Do UK accounts have to be audited?

Only if the worldwide group is not small: two of £15m turnover, £7.5m balance sheet and 50 employees. Most subsidiaries of small groups are exempt; subsidiaries of large groups need an audit however small they are. UK audit.

Which accounting software do you use?

Xero. It is the most widely used platform for UK SMEs, connects to every UK bank and Revolut Business, and your finance team can log in from anywhere.

Can you match our group’s year end?

Yes. We set the accounting reference date at incorporation or change it later so the UK company reports in step with the parent.

What is filed on the public register?

The annual accounts (abridged or full depending on size) and the confirmation statement. The CT600 and tax computation go only to HMRC.