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Xenon Connect compares the year-end balance sheet in the bookkeeping software (such as Xero, QuickBooks Online, FreeAgent, or Sage) with the balance sheet filed at Companies House, ensuring the figures align.
In particular, it verifies that the Net Assets value matches—highlighting discrepancies that could otherwise go unnoticed until much later.
Once statutory accounts are filed, the numbers are assumed to be final—but bookkeeping files are often adjusted after year end, or may never have been fully aligned in the first place.
Even small mismatches between the bookkeeping balance sheet and filed accounts can create issues, including:
Confusion during future reviews or client handovers
Errors rolling forward into the next financial year
Risk during compliance checks or due diligence
Time-consuming investigations months or years later
The Xenon Connect and Companies House integration helps firms catch these issues automatically, giving confidence that what’s in the books matches what was filed.
Xenon Connect identifies financial year-end data
For each Limited Company, Xenon Connect identifies the relevant financial year-end balance sheet in the bookkeeping software.
Statutory accounts data is retrieved from Companies House
Xenon Connect accesses the balance sheet filed with Companies House for the same accounting period.
Automatic comparison of key values
The platform compares the two balance sheets, with a specific focus on whether the Net Assets figure matches.
Discrepancies are clearly flagged
If values don’t align, Xenon Connect highlights the mismatch so your team can investigate and correct the underlying issue.
This removes the need for manual cross-checking or spreadsheet reconciliations.
The Xenon Connect × Companies House integration adds an extra layer of confidence and control to year-end processes.
With this integration, you can:
Ensure bookkeeping files align with filed statutory accounts
Detect year-end discrepancies early
Prevent incorrect balances rolling forward
Reduce risk during future compliance or reviews
Save time on manual balance sheet checks
For firms managing large numbers of Limited Companies, this integration provides peace of mind that statutory filings and bookkeeping data remain in sync – automatically.
‘A very useful, powerful add-on to identify matters requiring different levels of attention in Xero accounting files.
The client overall panorama is good as you can compare how different clients manage their accounts and can then drill down in specific areas.’
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