As a company director, not only is there a responsibility to submit accounts to HMRC and Companies House but also to submit an annual statement called the confirmation statement. Previously this was known as the annual return.
A Confirmation Statement is an annual online submission to Companies House, to confirm a company’s basic details, including;
- registered office
- company name and directors
- people with significant control – in most cases directors/shareholders
- SIC code
Changes made to company directorships, registered office addresses and some others, do not need to be updated via a mid-year confirmation statement submission. These changes can be made directly to companies house.
When does it have to be filed?
A Confirmation Statement needs to be filed annually on the anniversary of the company’s formation, or anniversary of the last filed Confirmation Statement (known as the ‘Due Date’).
There are 14 days from the due date to file the Confirmation Statement. Great care is needed to ensure this is not late as there can potentially be a £5,000 fine for late filing and the Companies House system can automatically start strike-off action – meaning closing the company down.
AJN look after this administrative task for our clients.