Starting a new business? Get 40% off our accountancy services for 3 months! 😎

x

Confirmation statements were introduced as a replacement for the rather clunky annual return AR01 form in June 2016. They essentially do the same thing, but the confirmation statement is quicker and easier to file.

What is the purpose of a confirmation statement?

Limited companies and Limited Liability Partnerships (LLPs) submit confirmation statements to make sure that their details at Companies House are correct and up to date. It’s not meant to be a way of reporting any changes in your company (which is a separate process). In essence, the confirmation statement is just that – it’s a statement which confirms the information is accurate.

Your confirmation statement must also include an email address which Companies House will use to contact you (although your email will not be shared on the public register).

What’s the difference between an annual return and a confirmation statement?

Confirmation statements have actually replaced the old-style annual return, though they do pretty much the same job. The newer confirmation statement also includes space to record information about ‘People with Significant Control’ (PSCs). This information identifies the people involved in the management and ownership of a company, and will be made publicly available on the Companies House register.

Registering a Person with Significant Control

It’s essential that this information is reviewed regularly and always kept up to date, including:

  • The person’s name
  • Month and year of birth
  • Nationality
  • Country of residence
  • Service and residential addresses
  • The date they took a position of significant control with the company.

It is also important to explain their position and standing in the organisation, and outline why they should be included as a Person with Significant Control (PSC).
 

Limited company accountancy services

From only £44.50 per month

Learn more

Do all businesses need to complete a confirmation statement?

All UK limited companies and Limited Liability Partnerships (LLPs) must file a confirmation statement even if the company or partnership is dormant.

When is my confirmation statement due?

You’ll need to submit a confirmation statement to Companies House at least once every 12 months, but filing can take place any time during your review period.

The review period for new companies that haven’t filed a confirmation statement before begins at the company’s incorporation date and finishes 12 months later.

If a company is incorporated on 1st January, the review period ends on 31st December.

 
For more established companies that have already filed at least one confirmation statement before, the review period begins the day after your last confirmation statement was submitted and then ends 12 months later. You can send your confirmation statement early if you want to, which resets the clock so the review period ends 12 months afterwards.

What if I don’t have any changes to report?

If nothing has changed since your last confirmation statement, then you don’t need to submit anything new and can simply ‘check and confirm’ the existing information held on public record.

What if my confirmation statement is filed late?

You must file your confirmation statement within 14 days of your review period ending. Don’t risk prosecution or being stuck off the register – file on time!

If you’re worried about missing the deadline to file your confirmation statement, it’s worth signing up for the Companies House email reminder service. It’s free to use and up to four people can receive a reminder. To make it even easier, you can also submit your statement using the link contained in the email. Sign up here.

How do I submit a confirmation statement?

The Companies House online service is the quickest and easiest way to complete your confirmation statement. Using this method also means that most of the information on the form will be pre-populated, so you only need to check the details and edit any changes, rather than start from scratch.

If you would like to update any of the information Companies House holds for your company, you can do this in the ‘additional information’ section of the form online. It can be used for updating your:

  • Standard Industrial Classification (SIC) code
  • Trading status of shares
  • Shareholder information
  • Statement of capital
  • Exemption from having to keep a register of People with Significant Control

If you need to check the information that Companies House already has about your company, you can do so using the Companies House service.

Is there a fee for filing a confirmation statement?

It costs £34 to file a confirmation statement online in any 12-month period. You’ll only ever pay the £34 fee once in a year, so filing another one in the same period won’t result in an extra charge. If you do decide to file a paper submission, the charge jumps to £62. It’s also more laborious without any of it being pre-populated – plus the trip to the post box!

Who is responsible for completing the confirmation statement?

Larger or publicly owned companies often have a company secretary who will file the confirmation statement on the company’s behalf.

If your company doesn’t have a secretary then any of the directors or another designated company member can file it instead. In a Limited Liability Partnership (LLP) you’ll normally have a ‘nominated partner’ who takes care of the paperwork, but all of the partners share responsibility.

The most important thing is that the statement is filed with Companies House on time every year. Our short video explains about the obligations you have as the director of a limited company.
 

 

Filing your confirmation statement is a legal obligation and is not optional. There are serious consequences for directors, including fines and prosecution, if it’s not done. Failure to submit the statement on time might also cause the registrar to remove it from the company register. Remember, your accountant may file on your behalf – but it’s still ultimately your responsibility.

 
If you need guidance on any aspect of your company’s confirmation statement, we’re here to help! Get in touch to find out more about our wide range of online accounting services. You can also call 020 3355 4047, and get an instant online quote.

About The Author

Dean Salmon

I'm an AAT and ACA qualified Chartered Accountant with over 13 years experience working with businesses, contractors and sole traders. I also love watching live music, and quizzes! Learn more about Dean.

Subscribe
Notify of
guest
2 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Stephen D
Stephen D
26th September 2024 4:15 pm

FYI The cost of a confirmation statement has gone up. It costs £34 to file your confirmation statement online, and £62 by post.
See https://www.gov.uk/running-a-limited-company/confirmation-statement#:~:text=Send%20your%20confirmation%20statement%20online,and%20%C2%A362%20by%20post.

Elizabeth Hughes
Admin
Elizabeth Hughes
1st October 2024 4:34 pm
Reply to  Stephen D

Hi Stephen

Thanks very much for your message! That’s been updated to reflect the changes, so thanks for flagging it.

Best wishes

Elizabeth

Read more posts...

December 2024 Client of the Month: Alessia Amsterdam ltd

This month we spoke to Alessia Lo piccolo, Owner of Alessia Amsterdam ltd! Alessia Lo piccolo Instagram Hey Alessia! Tell us about…

Read More

What is the M1 Tax Code?

It’s normal to presume that the tax code on your payslip is correct, but if you feel like you’re paying an extortionate…

Read More

UK Tax Rates, Thresholds and Allowances for the Self-Employed

Read our guide to UK tax rates and thresholds for sole traders, limited companies, partners and partnerships, employers, and other businesses. UK…

Read More
Back to Blog...

Confirm Transactions

The number of monthly transactions you have entered based on your turnover seem high. A transaction is one bookkeeping entry such as a sale, purchase, payment or receipt. Are you sure this is correct?

Yes, submit my quote
No, let me change it

Please contact our sales team if you’re unsure

VAT Returns

It is unlikely you will need this service, unless you are voluntarily registered for VAT.

Are you sure this is correct?

Yes, the business is VAT registered
No, let me change it

Call us on 020 3355 4047 if you’re not sure.

Bookkeeping

You will receive our bookkeeping software Pandle for free, as part of your package.

You can use this to complete your own bookkeeping, or we can provide a quote to complete your bookkeeping for you.

Please select and option below:

I will do my own bookkeeping
I want you to do my bookkeeping

Call us on 020 3355 4047 if you’re not sure.