How to File a Confirmation Statement

How to File a Confirmation Statement – A Basic Guide for Beginners

Companies House required every limited company to send a confirmation statement (CS) once a year. It is necessary to verify that they contain updated information about your company. It is essential to understand what you are required to do and when because if you fail to send Companies House the confirmation statement, you could be prosecuted. So, in this blog, you will know how to file a confirmation statement and the ways to file it.

Completing the Confirmation statement can be complex if you are new and have no experience in capturing data! So, no need to worry. Just contact us right away to handle all your business problems in no time!

 

What is a Confirmation Statement?

The annual confirmation statement was introduced in June(2016) by Companies House. The purpose of introducing the confirmation statement was to ensure that Companies House contains updated information about your company.

All the limited companies and LLP (Limited Liability Partnership) must send the confirmation statement once a year, even if they are dormant. So, all you ought to do is make sure that your company details are accurate and updated. But first, you must know how to file a confirmation statement form.

 

How to file a Confirmation Statement Form?

There are the following ways you can file a confirmation statement:

ways you can file a confirmation statement

  • Online through a company formation agent
  • Online through WebFiling
  • By post (using LLCS01 for LLPs or paper form CS01)

Completing the confirmation statement form online is the simplest way to send information to the Companies House. It only costs £13 to file one in a year, and you don’t need to pay the fee again if you want to file another one within the same period. You can modify your company’s information in the section on “additional information” of the online form.

You can update the following with the help of this section:

  • Statement of capital
  • The Trading status of shares
  • SIC(Standard Industrial Classification Code)
  • Shareholder information
  • Exemption from keeping a register of PSCs (People with Significant Control)

 

What if I Don’t have any Changes to the File?

If during the review period, there have not been any modifications to your company even that, you are required to file a confirmation statement to confirm that your company records are accurate and updated.

 

What is a Review Period of Filing a Confirmation Statement?

Every company must file at least one confirmation statement once a year. The 12 month review period starts on either:

  • The last filing date of your confirmation statement (for existing companies).
  • The date of company incorporation (for new companies).

Remember that, at the end of your review period, you must have to file your confirmation statement within 14 days. Because it is a criminal offence if you forget to file it, and your company can be prosecuted.

 

Who is Responsible for Filing a Confirmation Statement?

The persons who are legally obliged to deliver the confirmation statement to Companies House via online WebFiling or by post every year are:

Who is Responsible for Filing a Confirmation Statement

  • Directors of the Company
  • Secretaries of the Company
  • Designated LLP members

They make sure that the confirmation statement does not reach Companies House later than the 14 days after the end of the review period.

 

Quick Sum Up

We hope the highlighted details have helped you understand better how to file a confirmation statement. A confirmation statement was introduced to ensure that Companies House contains accurate and updated information about your company. There are deadlines to follow in order to file a confirmation statement. You must be aware of those deadlines; otherwise, your company and its officers can be prosecuted.

 

Filing a Confirmation Statement on time is mandatory! So, reduce your burden and let us handle this on your behalf! We are a team of chartered accountants that provide the best accountancy and taxation services at affordable rates! Contact us now!

 

Disclaimer: This blog contains general information about how to file a confirmation statement.

 

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