In the UK, the companies are required to file their annual accounts with Companies House. These annual accounts typically include a balance sheet, profit and loss statement, and a director’s report, and they must be filed within nine months of the company’s accounting period-end. Failure to file the accounts on time can result in fines and penalties.
Almost all registered companies in the UK are required to prepare annual accounts for Companies House and HMRC every year. The purpose of these accounts is to report the financial activity of the company and, subsequently, work out how much Corporation Tax it has to pay to HMRC.
Directors are legally responsible for making sure annual accounts are completed accurately and submitted by the statutory filing deadline.
Additionally, if the company's turnover exceeds a certain threshold, they must also file an audit report prepared by an independent auditor. This report provides an independent assessment of the accuracy and completeness of the company's financial statements.
It is important for companies to ensure that their annual accounts are filed accurately and on time, as they may impact the company's creditworthiness and reputation.
Trust RGB LOGIX for swift and accurate UK Company Annual Report Filing/Confirmation Statement Filing. Our expert team ensures seamless filings, keeping your company compliant without the hassle. Choose RGB LOGIX for stress-free annual reporting – your partner in maintaining a healthy and compliant business.
Late filing penalties were introduced in 1992 to encourage directors to file their accounts and reports on time, because this information is required for the public record.
All companies must send their accounts and reports to Companies House every year, whether:
Private or Public
If you submit accounts late, the law imposes an automatic penalty. The period allowed to file your accounts depends on whether these are your first accounts since incorporation or subsequent accounts.
The penalty only applies to accounts. The level of the penalty depends on how late the accounts reach Companies House.
Not more than 1 month
More than 1 month but not more than 3 months
More than 3 months but not more than 6 months
More than 6 months
£150
£375
£750
£1,500
£750
£1,500
£3,000
£7,500
The penalty will be doubled if accounts are filed late in 2 successive financial years (beginning on or after 6 April 2008).
Annual report filing can be a time-consuming and complex process. Don’t risk penalties or delays – let our experts handle it for you.
We understand the specific requirements for each state and ensure your report is accurate, complete, and filed on time. Our streamlined process saves you valuable time and eliminates the stress of navigating filing regulations.
Plus, we offer clear communication and ongoing support throughout the process. Focus on what you do best – running your business – and leave the annual report filing to us.
The deadline for filing annual accounts in the UK is usually 9 months after the end of a company’s financial year
Smile spoke total few great had never their too. Amongst moments do in arrived at my replied. Fat weddings servants but man believed prospect. Companions understood is as especially pianoforte connection introduced. Nay newspaper can sportsman are admitting gentleman belonging his.
Yes, in the UK, companies must file their annual accounts in a specific format to ensure consistency. There are different formats depending on the size and type of company.
Yes, it is possible to apply for an extension to the filing deadline, but the company must provide a valid reason why it needs additional time
An audit report is an independent assessment of a company’s financial statements. It is required for companies that exceed certain turnover thresholds
Every company, including dormant and non trading companies, must file a confirmation statement. It confirms the information we hold about your company is up to date. You must file the confirmation statement at least once a year. But you may choose to file more often
The confirmation statement must always be filed however, even if this is overdue, as failure to file the confirmation statement is a criminal offence. If you file the confirmation statement too late, Companies House may strike off the company (close the company) for non-receipt of the confirmation statement
RGB LOGIX is working under the company of ARIVOT LLC. We are an e-commerce business dedicated to bringing quality and convenient products and services right to your doorstep!
ARIVOT LLC hopes to be the place you always use when you shop online.
Providing e-simple way to shop any product or services.
Balcones Dr. STE 17888, Austin, TX 78731, USA
Victoria Road, London, W8 5RF, United Kingdom
Shop No. 8 England Cluster International City Dubai, UAE
Office # 1, 7th Mezzanine Floor, 16 Chohan Tower Shadman II Jail Road, Lahore, 54000, Pakistan