A client incorporated his business. The Limited accounts for the first period were actually due in before the sole trader accounts had to be finalised for the SATR. We didn't have all the info necessary for the sole trader accounts so had to make some estimates for the closing balances of debtors etc to be transferred to the Ltd Co. We now have all the figures we need and as some (most) of the balance sheet figures have changed we need to submit amended accounts to Companies House.
If we file amended accounts now, after the deadline, will we receive a penalty for the accounts being late?
If we will have we any other options?