Companies registered in the UK are required to comply with the Companies Act 2006. The Act required every company to deliver its accounts in a statutory format to Companies House every year presenting its activities and financial performance.
Accounts delivered to Companies House must be approved and signed by relevant persons involved in putting the accounts together. Similarly accounts prepared for shareholders or members must be signed by the same group of people.
Generally, company accounts must be approved and acknowledged by the board of directors. Included in the statutory accounts, there are a few reports and pages that must be signed and dated.
Directors Report – This page can be signed by either the company director or the company secretary on behalf of the company board of directors. The person signing it must state his/her name.
Balance Sheet Page – a director must sign this page on behalf of the board of directors. Remember the director signing the accounts must have been officially appointed by the company as company director. The details of the director must have been filed with Companies House.
Auditor’s Report – audited company accounts must include an audit report stating whether the accounts are giving true and fair view. The auditor signing the audit report must state his/her name as senior statutory auditor and also the name of the accountancy firm he/she representing.
Concise Accountancy offers fixed fee accounts packages for small companies which include preparing limited company statutory accounts and also completing corporation tax return. Remember that dormant and non trading companies must also prepare and deliver their accounts to Companies House. Failed to do so, your company will receive automatic late filing penalty.
Concise Accountancy - Helping Small Companies Stay On Top of Company Law
