Not because it is wrong, but because it can create extra admin.

Here is why 31 March is often worth considering for media production companies.

First, it matches the tax year.

That keeps planning simpler. One set of dates, fewer moving parts.

It also makes life easier for directors and shareholders’ personal tax.

Your company figures and your personal tax year are talking about the same period, so your personal tax return is usually more straightforward.

Second, it cuts repeat work.

When the year end and tax year are aligned, the numbers you need for accounts and the numbers you need for tax planning are much closer together. Less back and forth, fewer last-minute fixes.

That includes personal planning too.

If you take dividends, a bonus, or have benefits through the company, it is easier to see what you have already taken in the tax year, what headroom is left, and what might push you into a higher tax band.

Finally, it makes decisions easier.

Timing invoices, bonuses, kit spend, dividends, and tax reserves is simpler when everything is measured to the same point in time.

You can make calmer calls about what to take out of the company, and when, without trying to reconcile two different sets of dates.

It also means you are less likely to be guessing your personal tax position because the company accounts are out of step with the tax year.

A quick note: it is not always the right move. Funding cycles, group reporting, or commercial reasons can make a different date sensible.

But if your year-end creates friction, it is worth asking:

Is this date helping the business and the people who run it, or is it just historical?

What is your current year-end, and does it fit the way you actually work?

Changing the year-end at Companies House is pretty straightforward, but check with your accountant as you may need to consider bringing other reporting line with the new year-end, for example, your VAT returns.