Companies Act group accounts prepared, consolidated and filed by an ACCA-qualified accountant for a fixed fee.
If your business owns one or more subsidiaries, the parent company may be legally required to prepare consolidated (group) accounts that present the whole group as a single economic entity. We handle the full consolidation under FRS 102 or FRS 105, eliminating intercompany balances, calculating goodwill and non-controlling interests, and filing with Companies House and HMRC. You get a named, ACCA-qualified accountant, fixed pricing and a clear answer on whether your group even needs to consolidate this year.
Not every parent must produce group accounts. We assess the small-group exemption (turnover, balance sheet total and employee tests measured net or gross across the group), and check whether you are excluded because the group is ineligible, for example if a member is a traded or regulated entity. Where a valid exemption applies we prepare individual accounts only and document the reasoning, so you do not pay for consolidation you do not need.
We prepare the consolidated balance sheet, profit and loss, statement of changes in equity and cash flow statement, combining the parent and each subsidiary line by line. This includes the consolidation adjustments that catch most people out: eliminating intercompany loans, sales and dividends, removing unrealised profit on intra-group stock, and aligning subsidiary accounting policies and reporting dates to the parent's.
For each subsidiary we calculate goodwill at acquisition, set an amortisation period (FRS 102 requires a finite useful life, with a default cap where the life cannot be reliably estimated), and review for impairment. Where the group does not own 100% of a subsidiary we measure and present the non-controlling interest correctly in both the balance sheet and the profit and loss, so minority stakes are reflected accurately.
Group structures are rarely tidy. We apply the equity method to associates and joint ventures, handle sub-groups and intermediate holding companies, and deal with subsidiaries acquired or disposed of part-way through the year. If you hold investments that are associates rather than subsidiaries, we make sure they are equity-accounted rather than wrongly consolidated.
We file the group accounts at Companies House and prepare the parent and subsidiary corporation tax computations and CT600s for HMRC, including iXBRL tagging. Where subsidiaries qualify, we can claim the audit exemption available to members of a small group and prepare the parent guarantee paperwork that supports a subsidiary's exemption from filing its own accounts.
Consolidation sits on top of each company's own compliance. We keep subsidiary payroll RTI-compliant (National Living Wage of £12.71 an hour from April 2026 for those aged 21 and over, and auto-enrolment on qualifying earnings between £6,240 and £50,270), monitor each entity's £90,000 VAT registration threshold, and apply group relief to surrender losses between companies and reduce the overall group tax bill.
You deal with one ACCA-qualified accountant who maps your whole group once and reuses that knowledge every year. No call centres, and we reply to queries within 72 hours so a filing deadline never creeps up on you.
Group accounts are where many firms quietly run up hourly charges. We quote a fixed price up front, our packages start at £99, £199 and £499 depending on complexity and number of entities, on rolling monthly terms with no long lock-in, backed by a 30-day money-back guarantee.
We do not stop at presentation. We look across the group for opportunities, surrendering losses via group relief, claiming the £10,500 Employment Allowance in eligible employing companies, and timing dividends with the 10.75%, 35.75% and 39.35% dividend tax rates in mind for owner-directors.
Each subsidiary can stay on Xero, QuickBooks, FreeAgent or Sage. We pull the figures from whatever the group already uses and build the consolidation on top, so you do not have to migrate every company onto one system to get clean group accounts.
We tell you plainly whether you must consolidate, whether the small-group and audit exemptions apply, and what filing each entity needs, with the reasoning documented, so your decisions stand up if Companies House or HMRC ever ask.
Understanding your business needs.
Crafting your custom accounting strategy.
Quick and easy integration.
Consistent monitoring and reporting.
A parent company must prepare group accounts unless the group qualifies as small under the Companies Act, broadly, group turnover under £15m net (£18m gross), balance sheet under £7.5m net (£9m gross), and under 50 employees (meeting two of the three). Medium and large groups, and any group with a public-interest entity, must consolidate. We assess your group structure each year-end for the exemption.
FRS 102 works for most UK-only and mid-market international groups, simpler disclosure, more options on goodwill amortisation, and easier defined-benefit pension accounting. IFRS is required for listed groups and often expected by international investors, US parents, or PE houses. We'll quantify the disclosure and tax differences before you commit, because moving between standards later is painful.
All intercompany sales, balances, loans, dividends, and unrealised profit on intra-group stock and asset transfers are eliminated on consolidation. Mismatches between subsidiary ledgers are the single biggest cause of failed consolidations, we run monthly intercompany reconciliations between entities rather than fighting it all at year-end. Currency-translation reserves are calculated and disclosed alongside.
The subsidiary's P&L is consolidated from acquisition date forward, with fair-value adjustments applied to its assets and liabilities and any goodwill recognised. Pre-acquisition reserves don't flow to the group. We perform the purchase price allocation, calculate goodwill (with appropriate amortisation under FRS 102 or impairment testing under IFRS), and document the workings so auditors don't reopen them.
Once we have clean subsidiary ledgers and intercompany reconciliations, a straightforward 3-5 entity consolidation completes in 10 working days. Complex groups with foreign subsidiaries, multiple acquisitions, or IFRS-to-FRS 102 conversions take longer and are quoted on scope. Audit-ready files are produced as standard so auditors aren't billing you to do our cleanup.
Thirty minutes with an ACCA-qualified accountant. Most owners uncover £1,000-£3,000 in annual savings on the first call. If we are not the right fit, you walk away with a free tax review on the house.
