Every registered company in the United Kingdom is required to file an Annual Return (AR) with Companies House each year.
Here's all you need to know about filing an Annual Return.
Continue to:
What exactly is an annual return?
What Information Should I Include in My Annual Return?
How Do I File My Annual Return Online?
As of what date must the annual report be submitted?
What are the Penalties for Filing an Annual Return Late or Not at All?
What exactly is an annual return?
The Annual Return is a document that summarises your company's general information, such as the names of your directors and company secretary, if you have one, your registration office, contact information, the nature of your business, share capital, and shareholdings.
What Information Should I Include in My Annual Return?
In your annual report, you must contain the following information:
Contact information about the company, including the registered address and the'single alternative inspection location' (SAIL) address, where records are maintained if not at the registered company address.
Information on your company's directors and secretary (if one is appointed), including their names, dates of birth, and nationality.
Key business operations for your organisation, which should be chosen from a list of standard industrial categorization (SIC) codes to represent what your company does
The sort of firm you own (for example, private or public), information on the company's issued shares, and, in some cases, information about your shareholders
How Do I File My Annual Return Online?
The quickest and most convenient way to file your annual return is to utilise the Companies House WebFiling service, which costs £13 and may be paid with a credit card or PayPal.
You must first register with Companies House WebFiling before you can begin utilising the service. Allow plenty of time for delivery, as Companies House will send an authentication code to your registered firm address to finish the registration procedure.
You can also use the traditional method of mailing via postal service if you wish. Simply fill out the annual return form (AR01), attach a check, and ship it to Companies House. This technique costs £40, and remember to include your firm number on the back of any checks you write.
The annual report must be submitted by when?
Companies House will send you an email alert or a letter to your registered company address when your annual return is due. The annual return is typically due a year after the date of your company's incorporation, or a year after the date of your most recently filed annual return. Your yearly return must be filed within 28 days of the due date.
What are the Penalties for Filing an Annual Return Late or Not at All?
Your company and its directors might face a fine of up to £5,000 and/or criminal charges. In the worst-case situation, your company could be delisted.
Expand your company while we take care of the details.
Let us handle your company's accounting, taxes, and reports so you don't have to. We handle the paperwork, cross-check the data, and elegantly submit your annual reports. You will also receive assistance from expert Chartered Accountants on how to pay taxes wisely and reply quickly.
Sign in to leave a comment.