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If you’re the director of a limited company, one of your important responsibilities is confirming your company information with Companies House once a year. This process was known as an Annual Return up until the 30th June 2016, when the form was replaced by a similar document called a Confirmation Statement.
Failure to file a Confirmation Statement is a criminal offence, which can result in directors being fined personally in criminal courts. Companies House can also strike the company off the register, which is expensive and time-consuming to restore.
It has to be done at least once a year and within 14 days of its due date. The due date is normally a year after your incorporation or the date you last completed a Confirmation Statement / Annual Return. You must submit a Confirmation Statement even if the company is dormant.
The new Confirmation Statement document contains the same information as the Annual Return did previously, but will now include information about ‘Persons of Significant Control’ for the Companies House PSC Register.
A Person of Significant Control (PSC) is an individual who:
To complete the Confirmation Statement you’ll need the following information:
As registered with Companies House.
You can find this on your certificate of incorporation and any official documentation received from Companies House.
This document provides details of your company’s issued shares at a certain date.
A ‘traded company’ is a company any of whose shares were trading on a relevant market. That is a market established under the rules of a UK recognised investment exchange, any other ‘regulated’ market in or outside of the UK, or any other market outside of the UK.
The details of the shareholders including name, address, and number of shares held.
Persons of Significant Control are individuals who hold more than 25% of shares or voting rights in the company, hold the right to appoint or remove the majority of the board of directors of the company, or have the right to exercise significant influence or control over a company or other entity such as a trust.
A five-digit code relating to the nature of your business – you can browse the list here.
More specific information on your day-to-day operations.
Whether your company public or private.
As registered with Companies House. This may not be your regular place of work.
The address where the company keeps certain company records if not at the registered office. Details of the records are also required.
The cost of submission is included in the Crunch Plus and Premium packages.
You might avoid a fine if a close relative died shortly before the self assessment deadline, you've been seriously ill, or if you had major IT problems.