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450 | Period allowed for filing accounts |
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(1) | This section specifies the period allowed for the directors of a company to |
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comply with their obligation under section 449 to deliver accounts and reports |
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for a financial year to the registrar. |
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| This is referred to in the Companies Acts as the “period for filing” those |
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(a) | for a private company, nine months after the end of the relevant |
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accounting reference period, and |
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(b) | for a public company, six months after the end of that period. |
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| This is subject to the following provisions of this section. |
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(3) | If the relevant accounting reference period is the company’s first and is a |
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period of more than twelve months, the period is— |
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(a) | nine months or six months, as the case may be, from the first |
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anniversary of the incorporation of the company, or |
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(b) | three months after the end of the accounting reference period, |
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(4) | If the relevant accounting reference period is treated as shortened by virtue of |
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a notice given by the company under section 398 (alteration of accounting |
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reference date), the period is— |
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(a) | that applicable in accordance with the above provisions, or |
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(b) | three months from the date of the notice under that section, |
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(5) | If for any special reason the Secretary of State thinks fit he may, on an |
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application made before the expiry of the period otherwise allowed, by notice |
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in writing to a company extend that period by such further period as may be |
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(6) | Whether the period allowed is that for a private company or a public company |
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is determined by reference to the company’s status immediately before the end |
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of the relevant accounting reference period. |
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(7) | In this section “the relevant accounting reference period” means the accounting |
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reference period by reference to which the financial year for the accounts in |
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451 | Calculation of period allowed |
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(1) | This section applies for the purposes of calculating the period for filing a |
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company’s accounts and reports which is expressed as a specified number of |
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months from a specified date or after the end of a specified previous period. |
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(2) | Subject to the following provisions, the period ends with the date in the |
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appropriate month corresponding to the specified date or the last day of the |
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specified previous period. |
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(3) | If the specified date, or the last day of the specified previous period, is the last |
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day of a month, the period ends with the last day of the appropriate month |
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(whether or not that is the corresponding date). |
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(a) | the specified date, or the last day of the specified previous period, is not |
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the last day of a month but is the 29th or 30th, and |
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(b) | the appropriate month is February, |
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| the period ends with the last day of February. |
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(5) | “The appropriate month” means the month that is the specified number of |
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months after the month in which the specified date, or the end of the specified |
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Filing obligations of different descriptions of company |
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452 | Filing obligations of companies subject to small companies regime |
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(1) | The directors of a company subject to the small companies regime— |
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(a) | must deliver to the registrar for each financial year a copy of a balance |
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sheet drawn up as at the last day of that year, and |
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(b) | may also deliver to the registrar— |
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(i) | a copy of the company’s profit and loss account for that year, |
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(ii) | a copy of the directors’ report for that year. |
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(2) | The directors must also deliver to the registrar a copy of the auditor’s report on |
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those accounts (and on the directors’ report). |
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(3) | Subsection (2) does not apply if the company is exempt from audit and the |
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directors have taken advantage of that exemption. |
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| If the company is exempt from audit by virtue of section 490 (small charities: |
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independent examiner’s report in lieu of audit), a copy of the independent |
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examiner’s report for the purposes of that section must be delivered instead. |
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(4) | The copies of accounts and reports delivered to the registrar must be copies of |
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the company’s annual accounts and reports, except that where the company |
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prepares Companies Act accounts— |
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(a) | the directors may deliver to the registrar a copy of a balance sheet |
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drawn up in accordance with regulations made by the Secretary of |
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(b) | there may be omitted from the copy profit and loss account delivered |
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to the registrar such items as may be specified by the regulations. |
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| These are referred to in this Part as “abbreviated accounts”. |
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(5) | If abbreviated accounts are delivered to the registrar the obligation to deliver a |
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copy of the auditor’s report on the accounts is to deliver a copy of the special |
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auditor’s report required by section 457. |
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(6) | Where the directors of a company subject to the small companies regime |
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deliver to the registrar IAS accounts, or Companies Act accounts that are not |
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abbreviated accounts, and in accordance with this section— |
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(a) | do not deliver to the registrar a copy of the company’s profit and loss |
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(b) | do not deliver to the registrar a copy of the directors’ report, |
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| the copy of the balance sheet delivered to the registrar must contain in a |
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prominent position a statement that the company’s annual accounts and |
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reports have been delivered in accordance with the provisions applicable to |
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companies subject to the small companies regime. |
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(7) | The copies of the balance sheet and any directors’ report delivered to the |
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registrar under this section must state the name of the person who signed it on |
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(8) | The copy of the auditor’s report delivered to the registrar under this section |
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(a) | state the name of the auditor and (where the auditor is a firm) the name |
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of the person who signed it as senior statutory auditor, or |
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(b) | if the conditions in section 520 (circumstances in which names may be |
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omitted) are met, state that a resolution has been passed and notified to |
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the Secretary of State in accordance with that section. |
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453 | Filing obligations of medium-sized companies |
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(1) | The directors of a company that qualifies as a medium-sized company in |
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relation to a financial year (see sections 473 to 475) must deliver to the registrar |
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(a) | the company’s annual accounts, and |
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(b) | the directors’ report. |
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(2) | They must also deliver to the registrar a copy of the auditor’s report on those |
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accounts (and on the directors’ report). |
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| This does not apply if the company is exempt from audit and the directors have |
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taken advantage of that exemption. |
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(3) | Where the company prepares Companies Act accounts, the directors may |
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deliver to the registrar a copy of the company’s annual accounts for the |
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(a) | that includes a profit and loss account in which items are combined in |
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accordance with regulations made by the Secretary of State, and |
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(b) | that does not contain items whose omission is authorised by the |
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| These are referred to in this Part as “abbreviated accounts”. |
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(4) | If abbreviated accounts are delivered to the registrar the obligation to deliver a |
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copy of the auditor’s report on the accounts is to deliver a copy of the special |
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auditor’s report required by section 457. |
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(5) | The copies of the balance sheet and directors’ report delivered to the registrar |
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under this section must state the name of the person who signed it on behalf of |
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(6) | The copy of the auditor’s report delivered to the registrar under this section |
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(a) | state the name of the auditor and (where the auditor is a firm) the name |
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of the person who signed it as senior statutory auditor, or |
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(b) | if the conditions in section 520 (circumstances in which names may be |
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omitted) are met, state that a resolution has been passed and notified to |
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the Secretary of State in accordance with that section. |
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(7) | This section does not apply to companies within section 452 (filing obligations |
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of companies subject to the small companies regime). |
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454 | Filing obligations of unquoted companies |
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(1) | The directors of an unquoted company must deliver to the registrar for each |
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financial year of the company a copy of— |
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(a) | the company’s annual accounts, and |
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(b) | the directors’ report. |
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(2) | The directors must also deliver to the registrar a copy of the auditor’s report on |
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those accounts (and the directors’ report). |
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| This does not apply if the company is exempt from audit and the directors have |
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taken advantage of that exemption. |
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(3) | The copies of the balance sheet and directors’ report delivered to the registrar |
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under this section must state the name of the person who signed it on behalf of |
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(4) | The copy of the auditor’s report delivered to the registrar under this section |
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(a) | state the name of the auditor and (where the auditor is a firm) the name |
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of the person who signed it as senior statutory auditor, or |
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(b) | if the conditions in section 520 (circumstances in which names may be |
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omitted) are met, state that a resolution has been passed and notified to |
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the Secretary of State in accordance with that section. |
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(5) | This section does not apply to companies within— |
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(a) | section 452 (filing obligations of companies subject to the small |
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(b) | section 453 (filing obligations of medium-sized companies). |
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455 | Filing obligations of quoted companies |
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(1) | The directors of a quoted company must deliver to the registrar for each |
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financial year of the company a copy of— |
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(a) | the company’s annual accounts, |
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(b) | the directors’ remuneration report, and |
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(c) | the directors’ report. |
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(2) | They must also deliver a copy of the auditor’s report on those accounts (and on |
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the directors’ remuneration report and the directors’ report). |
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(3) | The copies of the balance sheet, the directors’ remuneration report and the |
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directors’ report delivered to the registrar under this section must state the |
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name of the person who signed it on behalf of the board. |
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(4) | The copy of the auditor’s report delivered to the registrar under this section |
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(a) | state the name of the auditor and (where the auditor is a firm) the name |
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of the person who signed it as senior statutory auditor, or |
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(b) | if the conditions in section 520 (circumstances in which names may be |
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omitted) are met, state that a resolution has been passed and notified to |
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the Secretary of State in accordance with that section. |
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