A Month Less to File Your Accounts

As part of the Companies Act 2006 implementations, the filing dates for accounts will be reduced from 10 months to 9 months for private companies and from 7 months to 6 months for PLCs.  This will come into effect if you have your accounting period beginning on or after 6th April 2008.

Companyaccounting periodstart date	Companyaccountingreference date	Deadline for delivery of AnnualAccounts to Companies House
Example for accounting period starting before 6 April 2008
1 April 2008	31 March 2009	31 January 2010	31 October 2009
Example for accounting period starting on or after 6 April 2008
6 April 2008	5 April 2009	5 January 2010	5 October 2009
1 May 2008	30 April 2009	31 January 2010	31 October 2009
1 March 2009	28 February 2010	30 November 2010	31 August 2010

 

It’s well worth remembering, because you will face a penalty if you don’t file your annual accounts by the due date.

The penalties are increasing too. From 1st February 2009 new late filing penalties will be applied

Length of delay in filing	Penalty -Private Company/LLP	Penalty -PLC
Not more than one month	£150	£750
More than one month but not more than three months	£375	£1500
More than three months but not more than six months	£750	£3000
More than six months	£1500	£7500

 

Where a company filed their accounts late the previous year, then the penalty will be doubled.

14 Day Concession

Section 706 of the Companies Act 1985 required companies to deliver documents in a legible form and allowed 14 days from the date of any rejection letter to re-file them. There is no replacement in the Companies Act 2006 for this section and so it will cease to exist from 1st October 2009. A company will therefore no longer have 14 days from the date of the rejection letter in which to amend and return accounts in an acceptable format.

For help with your accounts or filing them online simply complete the form below, and one of the Davenports team will get back in touch with you.

Accountancy Request

1. Your Name(required)
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6. Help!
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