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| Headline: | Companies House filing deadlines shortened |
| Description: | The following applies for accounting periods starting on or after 6th April 2008
For financial years beginning on or after 06 April 2008, the normal time allowed for filing accounts has reduced from 10 months to 9 months for a private company, and 7 months to 6 months for public companies. The following explains how this will affect the calculation of deadlines for submitting acceptable accounts. 1. How long do I have to file my company's first accounts? If you are filing your company's first accounts after incorporation and they cover a period of more than 12 months, you must submit them to the Registrar within 21 months of the date of incorporation for private companies and 18 months for public companies, or 3 months from the accounting reference date, whichever is the longer. For example, a private company incorporated on 1 January with an accounting reference date – the date on which the accounting reference period ends each year – of 31 January, has until midnight on 1 October in the next year (21 months from the date of incorporation) to submit its accounts. Please see our guidance on Accounts and Accounting reference dates (post and pre 6 April 2008) for a more detailed explanation of these terms. 2. How long do I normally have to file my accounts? Unless you are filing your company’s first accounts (see question 1), the time normally allowed for submitting accounts is: * 9 months for private companies; and * 6 months for public companies after the end of the relevant accounting reference period. 3. If I shorten my Accounting Reference Date will I still have to file by the original deadline? No. If you have changed the accounting reference date and thus shortened the accounting reference period, the new filing deadline will automatically be the longer of the following two options: * 9 months for a private company (6 months for a public company) from the new accounting reference date; or * 3 months from the date of receipt by Companies House of the notice (change of accounting reference date form). 4. How do you calculate the time allowed for filing accounts under the Companies Act 2006? Usually, a period of months after your Accounting Reference Date ends on the corresponding date in the appropriate month. For example a private company with an accounting reference date of 5th April has until midnight on 5th January of the relevant year to submit its accounts. The definition of a period of months still applies to the filing of first accounts - see question 1 above. However, if the accounting reference date falls on the last day of a month, the period allowed for filing will also end on the last day of the appropriate month. |
| Date: | 10.04.2009 |
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