Understanding the Importance of a Confirmation Statement
In this blog, we will help you to understand the importance of a confirmation statement for UK Limited Companies.
If you are a Limited Company in the UK, you are required to submit a confirmation statement to Companies House on an annual basis. The confirmation statement (annual return), is a legal requirement.
What is a confirmation statement?
A confirmation statement is a snapshot of your company’s information that must be submitted to Companies House each year. The statement includes details such as the registered office address, details of directors and shareholders, and information about people with significant control over the company.
The statement is used to confirm that the information held by Companies House is accurate and up to date. If there have been any changes to your company’s information, you must update this on your confirmation statement.
When do I need to file a confirmation statement?
A confirmation statement needs to be filed at least once a year, and within 14 days of the anniversary of your company’s incorporation date.
For example, if your company was incorporated on 1st January, you must file a confirmation statement by 14th January the following year.
This also applies if there have been any changes to your company’s information since the last statement was filed. Please note, a confirmation statement is separate to a company’s annual accounts.
What information do I need to include in a confirmation statement?
The information that you need to include in your confirmation statement includes:
- The name and registration number of your company
- The registered office address of your company
- Details of your company’s directors and company secretary (if applicable)
- Details of any changes to your company’s details since the last confirmation statement
- Information about your company’s shareholders and share capital
- Details of any persons with significant control over your company
How can I file a confirmation statement?
You can file a confirmation statement online using the Companies House website. You will need your company’s authentication code, which is a unique code that is sent to your company’s registered office address. This code must be entered in order to file the confirmation statement online.
Alternatively, you can file a confirmation statement by post. You will need to complete the appropriate form and send it to Companies House along with the correct fee.
significant control
Conclusion
It is essential that you keep your company’s information up to date and submit your confirmation statement on time to avoid any penalties or fines. By understanding the requirements of a confirmation statement and ensuring that you have accurate information, you can make the filing process quick and easy.
At BarrettStacey Accounting, we offer a confirmation statement service to our clients, which saves them time and stress.
This helps them to meet their legal obligations and avoid penalties or fines. Our clients can trust us to keep accurate records and stay on top of filing deadlines, allowing them to focus on running their business with peace of mind.