Effortless Statutory Financial Reporting
Regulatory reporting software your practice runs from trial balance to Companies House.
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Let AI Agent run your statutory reporting
One prompt. Multiple tools. Real outcomes.
Build statements
Let AI Agent run your statutory reporting
Build statements
Build the primary financial statements for this client's statutory accounts in Xero from the trial balance at year end. Prepare the P&L, balance sheet, equity statement and cash flow statement per the relevant FRS standard. Tie every line to the underlying nominal accounts and carry the comparatives from last year's filed accounts. Apply the client's accounting policies on file. If a prior-year balance has been restated or a new line has appeared this year, ask me whether to follow practice policy or refer to the senior. Pause before locking the primary statements. Ask me where the practice keeps the client's accounting policies. Save the primary statements to Google Drive ready for senior review.
Draft notes
Draft the disclosure notes to the statutory accounts for this client in QuickBooks. Cover the required FRS 102 notes: accounting policies, judgements and estimates, going concern, related-party transactions, employee numbers and costs, directors remuneration, taxation, dividends and post-balance-sheet events. For each note, pull the supporting data from the ledger and the client's records. If a note requires a narrative decision the practice has not seen before, ask me whether to draft a standard form or to refer to the senior. Pause before locking any note. Save the drafted notes alongside the supporting evidence to Google Drive ready for senior review and the practice's notes review checklist sign-off.
Apply FRS standards
Apply the right FRS standard for this client's statutory accounts in Sage 50 based on the year-end size criteria. For micro-entities apply FRS 105 with the simpler disclosure set. For small companies apply FRS 102 Section 1A with the small-company disclosure regime. For everyone else apply full FRS 102. Where the client moves between size bands, prepare the transition: restate the comparatives under the new standard, prepare the transition note and pause for senior sign-off before publishing. If the FRS choice is unclear at the boundary, ask me before applying. Save the FRS application working paper and the transition working paper to Google Drive.
File at Companies House
File this client's statutory accounts at Companies House from FreeAgent through the practice's Companies House software credentials. Prepare the filed version per the size of the client: full accounts, abridged accounts where the small company has elected to abridge, or micro-entity accounts for FRS 105 clients. Capture the Companies House receipt reference and update the client's filing record. If Companies House returns a validation error, read the error, identify the issue and prepare the correction for senior review. Pause before resubmitting. Ask me where the practice files the Companies House receipt evidence. Save a note for the practice manager listing submission status, receipt reference and the next filing deadline.
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“Each customer request used to take 4 hours of manual work across 3 different systems. Now with Minded over 80% of payment requests take less than 10 minutes and our VIP customers have never been happier.”
“We serve 40% more clients per bookkeeper with no new hires. AI files the tax forms and drafts the documentation. Each bookkeeper gets 12 hours a week back for review and advisory work.”
“We dropped Excel sheets and finance emails for automating payments and invoices for 50K restaurants. AI worked on top of SAP without migration.”
Integrate with your existing software
Seamlessly integrate statutory financial reporting workflows with your existing tools, ERP, and communication channels.
Benefits
Statutory accounts run by AI Agents
FRS 102 / FRS 105 mapping, statutory notes, related-party disclosures and iXBRL tagging stop landing on senior time per client. The AI Agents repeat the stat motion across the book, which delivers up
Statutory templates that learn each client's accounting policy
Statutory accounts are mostly policy continuity. Minded carries each client's accounting policies, judgements, related-party register and disclosure language from year to year. The next year's account
One stat-rep flow across Xero, QuickBooks, Sage 50 and FreeAgent
A real practice prepares statutory accounts for clients on Xero, QuickBooks, Sage 50 and FreeAgent at the same time. The same statement, note, FRS application and Companies House filing motion runs in
Activate your tools without APIs
Forget about asking your CTO to shift priorities, let your agents operate like your humans do and deliver real value to your customers from day 1.