Annual Confirmation

Professional

ANNUAL CONFIRMATION

annual CONFIRMATION
ANNUAL CONFIRMATION

 Company's Annual Confirmation Statement London - Online & Regular

Annual Confirmation

 1

What is Annual Confirmation

Every year you need to confirm that the information that Companies House has about your company is correct and up-to-date. This confirmation is called a statement confirmation (Form CS01), previously known as annual return.

 

You have to confirm your company’s following details:

 

  • The details of your registered office, and all the address where you keep your company’s records.

  • The details about your company directors and secretary.

  • Your statement of capital and shareholder (depending upon the company type).

  • Your SIC code.

  • Your register of PSC.

 

You can send the Annual Confirmation both by online and by post. Usually you get an email or a letter from Companies House to your company’s registered address when your confirmation statement is due. You can send it up to 14 days (the latest) after the due date. Failing to comply with this requirement can cause you up to £5,000 as fine and your company can also be struck off.

 3

How to Get the Annual Confirmation Statement 

Completing the confirmation statement can be a difficult and technical task, especially if you have no experience of collecting the company data. Similarly, there are specific conditions issued by Companies House that must be met in the process of preparing and submitting the annual confirmation.  Therefore such reports should be prepared only by qualified accountants.

Pro Tax Accountants have a team of qualified accountants to take up the job of preparing your annual confirmation statement. All you have to do is to prepare or online quotation request form. So go ahead, contact us with your requirement, ad you will get the most professional service you expect. 

 2

The Importance of Annual Confirmation

The main purpose of annual confirmation of accounts is to ensure that business owners maintain correct company records with the Companies House. This annual confirmation is required both from limited companies as well as from limited liability partnerships. You can also file a confirmation statement before its due date, if there have been any changes to in your company details, you wish to report to Companies House. The Confirmation Statement in the UK is mandatory when applying for a mortgage or company loan.

Mainly company directors are responsible for completing and submitting the required annual confirmation statement to Companies House, in UK. While the directors are legally responsible for the competing of the confirmation statement, the company secretary completes and presents it to the director(s) for review and signing.

In the UK, it is a criminal offence if you simply fail to submit a confirmation statement the Companies House in time. This means that your company could be prosecuted and the director / directors could be held personally responsible for this and could be removed from the office.  In certain cases, your company could also be struck off the register.

Annual Confirmation

Confirmation

The Importance 

Frequently Asked Questions Regarding Annual Confirmation

What is the Purpose of a Confirmation Statement?


The purpose of the confirmation statement is to ensure that the details Companies House has about your company are up to date. All limited liability companies and limited partnerships are required to send a statement of confirmation (at least) once every 12 months, even if the company or company is dormant.




When Do I Need to Send a Confirmation Statement?


Companies House asks you to send them a confirmation at least once a year, at any time during their review period. A “review phase” may seem complex, but it's not too difficult to navigate. In the case of new companies, the review period begins on the date of incorporation and ends 12 months later. So if your company was incorporated on January 1, 2021, the review period ends on December 31, 2021.




What Happens If You Do Not File a Confirmation Statement?


Company directors are required by law to file confirmation statements under Section 853A of the Companies Act 2006. Failure to do so could result in personal liability, fines, law enforcement, and even removal of the company from the registry.




What is a CS01?


A declaration of confirmation is sometimes called CS01, according to the companies house. This is a form that your company submits annually to Companies House, confirming any material changes that have been made to your company in the past year.




What Happens If You File a Confirmation Statement Early?


You submit your statements at any time during the review period. If you send the confirmation earlier, a new 12-month review period begins.

example

Your new company will be founded on January 1, 2021.

Your company will file a confirmation statement on September 30, 2021. Your next review period begins on October 1, 20121 and ends on September 30, 2021.




What’s the Confirmation Statement Fee?


It costs £ 13 over any 12 month period and you don't have to pay again if you submit online. It is easier to submit your statements online, but it also saves you money.

In contrast, submitting a paper form costs £ 40 so be sure to submit your confirmation online whenever possible. It also includes pre-filled information that makes it much quicker and easier to fill out.




Do Dormant Companies Need to File a Confirmation Statement?


All businesses, including dormant and non-commercial businesses, must submit a confirmation statement. It Confirms that the information the government has about your business is up to date. You have to make a statement at least once a year.




What is an Annual Confirmation?


Companies House introduced the annual return statement in June 2016. Its purpose is to streamline the process of reporting information about your company. Before the government implemented the confirmation statement, you had to provide Companies House with a snapshot of your business once a year. Now all you have to do is "check and confirm" that all the details are up to date.





Annual Confirmation

annual CONFIRMATION