DG Accountancy

First-Year Accounts Torbay

First-Year Accounts — Torbay

Your first year in business, filed correctly.

Starting a limited company comes with obligations most people only discover when they are already late. Year-end accounts, Corporation Tax, Companies House filings, director Self Assessment — all with deadlines that HMRC does not extend by default. DG Accountancy handles the lot for a fixed monthly fee, with an ACCA-qualified accountant who answers questions the day you ask them.

  • First-year statutory accounts prepared and filed on time
  • Corporation Tax calculated and CT600 submitted to HMRC
  • Your director Self Assessment included — no extra invoice
  • Plain-English explanation of what you owe and when

No long-term contract. If things are not working after three months, you leave with clean books and nothing owed.

Top rated on Google

★★★★★

Get a free quote

Fixed pricing. Same-day reply.

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What our clients say

Verified Google Review

★★★★★

Fast Turnaround, No Corners Cut

“Fees were transparent, turnaround was fast, and the work was done thoroughly and accurately.”

Tim Bennett

Verified Google Review

★★★★★

Clear When There Was No Clue

“Daniel was very helpful and patient with me when I had no clue what to do and spoke through everything with me and made it clear.”

Stephen McMullen

Verified Google Review

★★★★★

Better Rates, More For Your Money

“His rates are extremely good compared to some other accountants out there and I get more for my money.”

Steven Grimmelijkhuizen

Verified Google Review

★★★★★

Never Have to Worry About It

“Professional service. This company does my accounts every year and i never have to worry about it. Speedy as well.”

Sharon Kelly

Sound familiar?

Not sure what your first year actually requires?

Most new limited company directors find out about filing obligations gradually — usually from an HMRC letter or a Companies House reminder. The first year is the one that catches people out: an extended accounting period, an earlier-than-expected Corporation Tax deadline, and a director Self Assessment on top. None of it is complicated once it is explained, but left unmanaged, the penalties add up quickly.

  • Unsure when your first accounts and CT600 are actually due
  • No clear picture of what your first-year tax bill will be
  • Director Self Assessment sitting undone as the January deadline approaches

What a well-handled first year looks like

Your deadlines are tracked from day one. You know your tax position months before anything is due. And the paperwork — all of it — is handled without you needing to become an expert in Companies House submission rules.

  • All deadlines logged and managed — accounts, CT600, Companies House
  • Tax liability calculated early so there are no end-of-year surprises
  • Director Self Assessment prepared and filed as part of the package
  • Fixed monthly fee agreed upfront — no surprise invoice at year-end
Client results

What clients in Torbay say about working with us

These are verbatim reviews from clients who came to DG Accountancy needing their accounts handled properly, often under time pressure.

★★★★★

Professional service. This company does my accounts every year and i never have to worry about it. Speedy as well. I am a very happy customer.

S
Sharon Kelly
★★★★★

Absolutely recommend Daniel for all and any accounts related matter. Would use his expertise again. He is the most amazing person, very professional, explaining every detail meticulously in order to finalise our accounts. A huge thank you Daniel.

S
sangujoshi
What you get

Everything your first year requires, included

From statutory accounts to Corporation Tax and director Self Assessment — all the first-year obligations covered in one fixed monthly fee.

01

Year-End Accounts and CT600

Your statutory accounts are prepared to the required standard and filed with both Companies House and HMRC before the deadline. Corporation Tax is calculated accurately — including any available reliefs — and the CT600 is submitted on your behalf. You will know your liability well in advance, not the week the payment is due.

Included as standard
02

Director Self Assessment, Done

Most first-year directors do not realise they need to file a personal Self Assessment alongside the company accounts. It is included here — no separate engagement letter, no additional invoice at the end. Salary, dividends, and any other income sources are reported correctly.

No extra charge
03

Companies House Filing and Secretarial

Confirmation statements, registered office requirements, and the annual Companies House filing are all managed as part of the service. Your company stays compliant on the public register without you having to remember what is due and when.

Included in package
What clients say

Consistently rated five stars across all services

Clients range from sole traders to limited company directors — the consistent themes are clear communication, fast turnaround, and transparent fees.

★★★★★

Turned Around Quickly, No Corners Cut

“I worked with Daniel at DG Accountancy to review and sign off my sole trader accounts for a time-sensitive mortgage application, and the service was excellent. Daniel was extremely responsive, clear, and professional throughout.”

Tim Bennett
★★★★★

Quick, Efficient and Friendly Throughout

“Excellent service providing financial accounts for probate. Quick, efficient and friendly. Would highly recommend.”

Hannah Stephens
★★★★★

Taxes Handled When Workload Made It Impossible

“Huge thanks to Daniel for helping ourselves with our taxes! Being self employed means we all have to do this ourselves which is just not possible on top of our work load. Thanks again! We will be using you again!”

iCare Business
Why DG Accountancy

What makes this practice different from the rest

Three things that matter when you are setting up a limited company for the first time and need an accountant who already knows what is coming.

🎯

Twenty years across real businesses

Daniel has worked across airlines, construction, manufacturing and entertainment — which means the first-year questions new directors ask are ones he has heard, and answered, many times before. You are not explaining basic business structure to someone learning on the job. You get the answer, not the research.

💬

Plain English from day one

Accounting period vs tax year. Statutory accounts vs management accounts. When Corporation Tax is actually due versus when the accounts are due. These distinctions matter and most first-year directors do not know them yet. Daniel explains each one clearly, without making you feel you should already know.

Questions answered the day you ask

First-year limited company directors tend to have more questions than ongoing clients — because everything is new. DG Accountancy is known for fast, substantive replies. You will not be left waiting days for an answer to something that is worrying you today.

Getting started

Up and running in four straightforward steps

Most new clients are fully onboarded within a week. The process is designed to be low-effort on your side.

1

Book a free discovery call

A short conversation about your company, your current set-up, and what you actually need from an accountant. No sales pressure — just an honest assessment of whether DG Accountancy is the right fit. You will leave the call knowing exactly what happens next.

2

Receive your fixed-fee quote

A written quote tailored to your company structure and the services you need. Everything is agreed upfront — no scope creep, no hourly surprises. If something changes, you are told before the invoice is raised.

3

Onboarding and Xero setup

Your Xero account is set up or tidied, bank feeds connected, and HMRC authorisations put in place. If your books are behind, catch-up bookkeeping is handled as part of onboarding. You do not need to prepare anything complicated before the call.

4

Compliance handled, questions answered

Your first-year deadlines are tracked and met. Your tax position is visible before anything is due. And when questions come up — because they will in the first year — you get a clear answer from the same person who knows your accounts.

20+ Years of founder experience
2024 Year established
5.0 Google rating
Fixed Monthly pricing

“Daniel was very helpful with my books and tax return. He offered great advise and insight in how to manage my books better and more efficiently. His knowledge in tax law and what can be used for expenses really helped with saving money where I could.”

Steven Grimmelijkhuizen —

Questions

What people ask before getting started

When are my first-year accounts and Corporation Tax actually due?+

For a new limited company, your first set of statutory accounts must be filed with Companies House within 21 months of incorporation. Your Corporation Tax return and payment, however, are due nine months and one day after your company’s accounting period ends — which can mean the tax is due before the accounts are filed. If your first accounting period runs longer than 12 months, it is split into two Corporation Tax periods, each with its own deadline. These are the details most new directors only discover when something is already overdue.

What does the monthly fee actually cover for a first-year limited company?+

The Start package from £79 per month covers year-end statutory accounts, the CT600 Corporation Tax return, and Companies House filing — the core first-year obligations. Director Self Assessment is available as an add-on at that tier, or included from the Operate package upwards. VAT registration and quarterly returns can be added if you are approaching or over the threshold. Everything is agreed in writing before you start, so there are no additional invoices for work that was always part of the job.

My bookkeeping is behind — can you still take me on?+

Yes. Most clients who have been running their company without an accountant arrive with records in some state of disarray. Catch-up bookkeeping is handled as part of onboarding, with the cost agreed upfront so there are no surprises. Getting the records straight before the year-end is the priority — it is considerably easier to do it methodically at the start than to reconstruct everything under deadline pressure.

Is there a minimum contract or lock-in period?+

No long-term contract. The service runs month to month and you can leave with reasonable notice. If you decide to move on, your records are handed over cleanly and promptly — your data belongs to you. The expectation is that the service earns your continued business, not that a contract obliges it.

Do I need to do anything before my first-year deadline to prepare?+

Not much. You will need to share access to your bank statements and any invoices or expenses from the year — this is typically done through Xero, where bank feeds pull most of it automatically. If you have been keeping records in a spreadsheet or a folder of PDFs, those can be worked from. The onboarding process is designed to gather what is needed systematically rather than leaving you to figure out what to provide.

Can I reduce my Corporation Tax bill in the first year?+

There are legitimate reliefs available that new directors frequently overlook — including allowable business expenses, capital allowances on equipment, and in some cases R&D tax credits if the company is developing software, processes or products. The first year is also the point at which salary and dividend structure is set, which has a direct effect on the overall tax burden going forward. These are reviewed as part of the service, not flagged as optional extras.

Ready when you are

Get your first year handled properly.

Fixed monthly fee, ACCA-qualified accountant, all first-year deadlines tracked and met. A free quote takes five minutes and comes with no obligation to proceed.

First-year accounts filed accurately and on time Tax bill known well before the payment deadline Questions answered the day you ask them
Get my fixed-fee quote
Fixed monthly pricing ACCA qualified Same-day replies No long-term contract