What is a Confirmation Statement?
Introduction
A confirmation statement is a legal document that must be submitted by all UK companies to the Companies House every year. It is also known as an annual return, and its purpose is to provide up-to-date information about the company to the government and the general public.
Who needs to file a Confirmation Statement?
All UK companies, including limited companies, limited liability partnerships (LLPs), and community interest companies (CICs), are required to file a confirmation statement every year. This includes dormant companies and those with no trading activity.
When should a Confirmation Statement be filed?
The first confirmation statement must be filed within 14 days of the company’s incorporation date. After that, it must be filed every 12 months, even if there have been no changes to the company’s information. The due date for filing the confirmation statement is usually the anniversary of the company’s incorporation date.
What information is included in a Confirmation Statement?
The confirmation statement includes information about the company’s registered office address, directors, shareholders, and the company’s statement of capital. It also includes details of any changes made to this information since the last confirmation statement was filed.
What are the changes that need to be reported in a Confirmation Statement?
Any changes to the company’s registered office address, directors, shareholders, and the company’s statement of capital must be reported in the confirmation statement. This includes changes to the personal information of directors, such as their names or addresses, and any changes to the company’s share structure or shareholders.
How to file a Confirmation Statement?
A confirmation statement can be filed online through the Companies House website or by filling out a paper form and submitting it by post. The Companies House website provides step-by-step instructions on how to file the confirmation statement online. The paper form can be downloaded from the website or requested by post.
What are the consequences of not filing a Confirmation Statement?
Failure to file a confirmation statement can result in penalties and ultimately the dissolution of the company. The Companies House may also assume that the company is no longer in operation and strike it off the register if the confirmation statement is not filed for two consecutive years.
Conclusion
A confirmation statement is an essential document that must be filed by all UK companies every year. It ensures that the Companies House and the general public have accurate and up-to-date information about the company. Failing to file the confirmation statement can have serious consequences, so it is crucial for companies to meet the filing requirements on time.
To sum up, a confirmation statement is a legal document that must be filed annually by all UK companies to provide updated information to the government and the public. It includes details of the company’s registered office address, directors, shareholders, and any changes made since the last filing. Failure to file the confirmation statement can result in penalties and the dissolution of the company.