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Do I still submit company accounts for an incomplete property?

Do I need to file company accounts even if my property purchase hasn't completed?

Yes. Even if your property purchase has not completed, you must still file company accounts. Your accounts are a snapshot of your company during the accounting period, so any expenses incurred through the company must be reported.

If there are no transactions or expenses to report, you must still complete the accounting flow and answer the questions accordingly, so our accountants can prepare your accounts on that basis.

How do I complete the accounting flow?

To see what you need to submit, follow these steps:
  1. Log in to your GetGround account.
  2. Go to your Inbox and open your Accounting task.
  3. Work through the accounting flow, answering each question to confirm which expenses and transactions apply to your company.
  4. Submit your responses so our accountants can prepare your accounts.
 

For an in-depth walkthrough, please refer to our accounting webinar.

What if I have more questions?

If you have further questions about preparing your company accounts, please contact our team at gethelp@getground.co.uk.