Accounts Filing Dateline

The Companies Act 2006 has shortened the length of period allowed for public and limited companies for filing of their accounts to Companies House.

A public quoted and unlisted company is required to file their accounts within 6 months (previously 7 months) from their accounting reference date and a private limited company has to file its accounts within 9 months (previously 10 months). The period allowed for filing applies to companies’ accounts with accounting period commencing on or after 6 April 2008.

There is late filing penalty if failed to file company accounts with the Registrar of Companies within the statutory dateline. The current penalty is from £150 to £1500 depending how late your company accounts are. 

Accounts filed with Companies House must be formally approved by the board of directors. The directors' report page can be signed by either the company director or the company secretary and the balance sheet page must be signed and dated by the company director.

Small and medium sized companies may be allowed to abbreviated accounts instead of full accounts. Abbreviated accounts put less information for public record.

Concise Accountancy provides fixed fee accountancy services to companies. The fixed fee accounts packages include taking care of your company accounts and corporation tax return. Feel free to contact concise accountants to discuss your company legal obligations.

Concise Accountancy - complete accounting solutions for small businesses and growing companies