Company directors could face hefty fines if their accounts are rejected by Companies House due to errors.  In the first six months of 2010, more than 90,000 sets of accounts were rejected - with almost one third of these due to filing incorrect statutory financial statements.

Some of these rejections were due to the most basic errors such as missing signatures from balance sheets but others were because the accounts did not comply with the latest Companies Act or Companies House rules.  Companies House is reported to have increased its vigilance in reviewing accounts and is becoming more 'picky' in rejecting accounts for formatting errors.

If accounts are rejected and not corrected before the filing deadline then Companies House issues an automatic late filing penalty of between £150 and £1,500 for private companies.

Pemberley Accounting has extensive experience in preparing company accounts and none of the accounts prepared for its clients have ever been rejected by Companies House.  Why risk having your accounts rejected with all the extra work involved in resubmitting them, not to mention having to pay financial penalties?  Entrust your accounts to the experts at Pemberley Accounting and give yourself peace of mind.