Saturday, January 03, 2004
>Google SEO Advice
>Escolas a DMOZ
Saturday, November 15, 2003
Limited Company Formation - Provides offshore incorporation and privacy services.
Otero, Otero & Asociados - Establishing and administering offshore companies worldwide. Free Trade Zones and limited company formation.
Panama Corporations - Provides a range of offshore financial services including asset protection and income tax reduction.
Panama Offshore Services - Provides offshore company formation and asset protection in Panama.
Pinnacle St. Lucia - Offshore company formation and financial services and limited company formation
Pishon Trust Management, LTD - Offers asset protection through offshore trusts and IBCs in Belize.
Portland Services Ltd - Provides offshore company formation services in Gibraltar.
PPLife.com - Provides offshore insurance, estate planning and tax planning services.
Preston Asset Management - Investment advisory firm offers offshore asset, investment, and portfolio management.
Prime Global - Offers asset protection through offshore investments.
Prime Management Limited Fund Administration - Provides administrative services to offshore hedge funds and mutual funds.
Privacy Solutions - Offshore company formation. Non resident and anonymous bank accounts and limited company formation
Privacyworld - Information guide on offshore banking, second passports, and asset protection.
Limited Company Formation Directory
ProfEx International Ltd - Provides offshore advice to clients looking to secure long term returns.
Protect Your Stuff - Creating offshore trusts for asset protection.
Remadaro Finanz AG - Swiss company provides private banking and financial service worldwide and limited company formation.
Richard & Partners Group - Provides offshore banking, incorpration and management of companies and limited company formation.
Sabourin and Sun, Inc. - Provides international offshore strategies, tax advice, and investment news.
Sark Offshore Consultancy - Provides offshore incorporations, foundations and trusts, and the offshore tax strategies.
Schaller Capital Limited - Provides offshore company formation and incorporation services and limited company formation.
September Services - Offers financial planning to expatriates, individuals and companies with assets overseas.
Otero, Otero & Asociados - Establishing and administering offshore companies worldwide. Free Trade Zones and limited company formation.
Panama Corporations - Provides a range of offshore financial services including asset protection and income tax reduction.
Panama Offshore Services - Provides offshore company formation and asset protection in Panama.
Pinnacle St. Lucia - Offshore company formation and financial services and limited company formation
Pishon Trust Management, LTD - Offers asset protection through offshore trusts and IBCs in Belize.
Portland Services Ltd - Provides offshore company formation services in Gibraltar.
PPLife.com - Provides offshore insurance, estate planning and tax planning services.
Preston Asset Management - Investment advisory firm offers offshore asset, investment, and portfolio management.
Prime Global - Offers asset protection through offshore investments.
Prime Management Limited Fund Administration - Provides administrative services to offshore hedge funds and mutual funds.
Privacy Solutions - Offshore company formation. Non resident and anonymous bank accounts and limited company formation
Privacyworld - Information guide on offshore banking, second passports, and asset protection.
Limited Company Formation Directory
ProfEx International Ltd - Provides offshore advice to clients looking to secure long term returns.
Protect Your Stuff - Creating offshore trusts for asset protection.
Remadaro Finanz AG - Swiss company provides private banking and financial service worldwide and limited company formation.
Richard & Partners Group - Provides offshore banking, incorpration and management of companies and limited company formation.
Sabourin and Sun, Inc. - Provides international offshore strategies, tax advice, and investment news.
Sark Offshore Consultancy - Provides offshore incorporations, foundations and trusts, and the offshore tax strategies.
Schaller Capital Limited - Provides offshore company formation and incorporation services and limited company formation.
September Services - Offers financial planning to expatriates, individuals and companies with assets overseas.
Tuesday, November 11, 2003
Dormant Companies
Contents
Introduction
1. What is a dormant company?
2. Dormant companies and Companies House
3. Accounts and audit exemption
4. Further information
Appendix
This is a guide only and should be read with the relevant legislation.
Introduction
This booklet will help you to manage a dormant company so that you send Companies House everything that is needed to keep the company on the register. It will help you to understand the simple - but important - legal obligations that still apply to a company even when it is dormant. For more general guidance about what companies have to send to Companies House, please see the other booklets in our guidance series.
This booklet tells you about the current rules on dormant companies. The rules changed for accounting periods ending on or after 26 July 2000. The new regulations are in Statutory Instrument 1430/2000. The old rules that applied to accounts ending before 26 July 2000 are covered in our booklet, 'Accounts and Accounting Reference Dates'.
If after reading this booklet, you are in doubt about your responsibilities, you should seek independent help from a solicitor or accountant.
CHAPTER 1
What is dormant a company?
1. What does 'dormant' mean?
The term 'dormant' applies to a company that, in legal terms, has 'no significant accounting transactions' during a financial year. It is not the same as a 'non-trading company', a term that has no legal meaning. No significant accounting transactions means no entries in the company's accounting records. The amount paid for shares when the company is first formed and a few costs that the company may incur in order to keep the company registered at Companies House do not count as significant accounting transactions. There is more information about these allowable transactions at question 1 in chapter 3.
2. What is the difference between a non-trading company and a dormant company?
A company can be non-trading in the sense that it isn't doing business. But it may still have other accounting transactions going through its books, which means that it is not dormant in a legal sense. A dormant company must not have any accounting transactions except specific allowable transactions that can be disregarded, see chapter 3.
3. Why have a dormant company?
Companies can be dormant for various reasons, often to protect a company name, in readiness for a future project, or to hold an asset or intellectual property. Some flat management companies whose main purpose is to own the head lease or the freehold of a property choose to become dormant by setting up a residents' association to deal with any expenses.
A company can remain dormant for as long as necessary - indefinitely if, for example, its purpose it just to prevent the name being used by another company. However, there are expenses associated with keeping a company on the register. In particular, there is a £15.00 fee for registering an annual return (Form 363s). And, while the company is dormant, various other documents and annual company balance sheets must still be prepared and filed at Companies House. The company will have to decide how expenses will be met and who will run the company and be responsible for ensuring that all the legal requirements are met.
4. Who runs a dormant company?
If it is to remain dormant, a company cannot have paid employees because their wages would have to be recorded in the accounting records. However, all companies, including those that are dormant, must have:
at least one director for a private company (two directors for a public company); and
a company secretary.
A sole director cannot also be the company secretary. There must be at least two officers of the company.
5. What responsibilities do the officers of a dormant company have?
The responsibilities of a dormant company's officers are the same as for those of a trading company. The directors and secretary manage the company on behalf of the shareholders or members. Among other things, they are responsible for holding meetings and ensuring that all the necessary returns, accounts and other documents reach Companies House by the due date.
Further information about directors' and secretaries' responsibilities for delivering documents to Companies House is available in our booklet, 'Directors and Secretaries Guide'.
6. What happens if documents are not delivered to Companies House?
The company's officers could be prosecuted because they are personally responsible for ensuring that documents are delivered on time. Failing to do so is a criminal offence. In addition, there will always be an automatic civil penalty for filing accounts late.
Companies House could also reasonably assume that the company is no longer required and strike it from the register. If a company is struck off the register, it ceases to exist and its assets become Crown property.
Further information about this is available in our booklet, 'Strike-off, Dissolution and Restoration' (or 'Strike-off, Dissolution and Restoration (Scotland)' for companies registered in Scotland).
7. What if the company is no longer required?
If you decide that you do not need your dormant company, you can arrange to have it struck off the register. There are two ways of doing this:
if the company has no debts or other liabilities, you may be able to apply for 'voluntary striking-off and dissolution' without going through formal insolvency proceedings; or
if the company has affairs to wind up, then the company can be put into 'voluntary liquidation'.
For more information on these subjects see our booklets, 'Strike-off, Dissolution and Restoration' and 'Liquidation and Insolvency' (or, 'Strike-off, Dissolution and Restoration (Scotland)' and 'Liquidation and Insolvency (Scotland)' for companies registered in Scotland).
CHAPTER 2
Dormant Companies and Companies House
1. What information does Companies House need to know?
Although a company may be dormant, Companies House must still keep up-to-date information about it on record and make this available to anyone who wants to know about the company. Basically, we need to know:
Where to contact the company. The company's official address is known as its 'registered office'.
Who runs the company. That is, particulars about the company officers.
Who owns shares in the company - the shareholders (if the company has them).
Where certain company registers are kept.
What the company's financial year-end is. The company's financial year-end is known as its 'accounting reference date'.
What the company's assets and liabilities are - its annual balance sheet.
What rules govern the company - its memorandum and articles of association.
Most of this information is registered at Companies House when the company is first formed and, if anything changes, you will need to tell us, usually on a special form. However, every year we will send to the company's registered office a summary of the information held on the public record at Companies House - this form is called an Annual Return (Form 363s). This must be completed and returned to Companies House. Also, every year, the company must prepare a balance sheet and send that to Companies House.
More information about all these requirements is included in this chapter.
Even dormant companies must deliver accounts and an annual return (Form 363s) each year!
2. What is a 'registered office'?
This is the company's official address registered at Companies House. It is also the address where we will usually send letters and reminders. The registered office address can be anywhere in England or Wales (or Scotland if your company is registered there). It is important that all correspondence and notices sent to this address are dealt with promptly. A change of registered office address must be notified to Companies House on Form 287. The new address only becomes the registered office when the form has been registered.
All companies must have a registered office address, and the company's name must be displayed outside.
3. Who are the company officers?
These are the company director(s) and the company secretary. They are responsible for managing the company and for delivering documents to Companies House.
Particulars of who they are must be entered in the company's own register of directors and secretaries and notified to Companies House when the company is first formed. Any changes must be recorded in the company's register and notified to Companies House on the correct form within 14 days of the change. The forms for notifying changes are:
appointments
terminations of appointments
change of particulars
Form 288a
Form 288b
Form 288c
A change of particulars for a director means any of the following: name, address, occupation, nationality and other directorships; and for a company secretary it means name or address.
4. Who are the company members?
A company member is defined as a person who has agreed to become a member and whose name is entered on the company's register of members.
For a limited company with shares, this means a person who owns shares in the company - a shareholder. For a company limited by guarantee, it means a person who has agreed to contribute to the assets of the company if it is wound up.
The company must keep a register of its members. Any member of the company or any other person has a right to inspect the register. Unless it is kept at the registered office, Companies House must be notified of where the register is kept, and any change in its location must be notified to Companies House on Form 353.
If a company has shares, details of the shareholders have to be notified to Companies House. The information must be updated every year on the Annual Return Form 363s, which we will send the company shortly before it becomes due.
In addition, if the company has issued debentures, it must keep a register of debenture holders. Any member of the company or any other person has a right to inspect the register. Unless the register is kept at the registered office, Companies House must be notified of where it is kept, and any change in its location must be notified to us on Form 190.
5. What other statutory registers are there?
There are several other statutory registers that may apply to the company. Although there is no obligation to notify Companies House about the location of any other statutory register, the company secretary is responsible for maintaining all the following registers - some of which are mentioned above - if they apply to the company:
the register of debenture holders;
the register of directors and secretaries;
the register of interests in shares (public companies only);
the register of directors' interests in shares, or debentures, of the company;
the register of members;
the register of charges.
These registers must be open to inspection by any person on payment of the prescribed fee.
6. What is an annual return (Form 363s)?
It is a form that every company - even those that are dormant - must send to Companies House each year. (The annual return should not be confused with annual accounts - the two are entirely different.) The annual return must be accurately completed to a particular date known as the 'made-up date'. This is:
12 months after the date of the made-up date of the previous annual return; or
in the case of a company's first annual return, the anniversary of the date of incorporation.
The annual return form and filing fee (£15) must reach Companies House within 28 days after its made-up date.
Shortly before it becomes due, we send an annual return to your registered office, showing the made-up date. The annual return contains pre-printed information about the company already on our records. We also send guidance to help you complete the return.
Even dormant companies must deliver accounts and an annual return (Form 363s) each year!
7. What is an accounting reference date (ARD)?
The ARD is the financial year-end. It is also the date that determines when accounts are due for delivery to Companies House. When a company is incorporated, its ARD will automatically be set as the last day of that month but this can be changed, if the company wishes to do so. Companies House must be told in advance if the ARD is about to be changed. A change of ARD must be notified on Form 225. Changing the ARD can be complicated because of the effect it has on the related accounts. For more information on this see our booklet, 'Accounts and Accounting Reference Dates'.
8. What annual accounts are required?
All limited companies - including dormant companies - must file annual accounts at Companies House. For dormant companies, this means a balance sheet giving details of assets and liabilities and any relevant notes. The balance sheet and notes must comply with the statutory requirements of the Companies Act, as explained in chapter 3 of this booklet.
Annual accounts must usually be delivered to Companies House within 10 months of a company's ARD for a private company, and 7 months for a public company. However, if a company's first accounts cover a period longer that 12 months, the maximum time allowed is 22 months from the date of incorporation (19 months for a public company) or 3 months from the ARD, whichever is longer. ARDs and how to change them are explained in our booklet, 'Accounts and Accounting Reference Dates'.
Please note: if a filing deadline expires on a Sunday or Bank Holiday the law still requires accounts to be filed by that date. So you should ensure that they are posted in time to arrive before such a deadline.
To help you file accounts on time, we send a reminder to the company's registered office 6 to 8 weeks before the accounts are due.
If the accounts reach Companies House outside the time allowed for filing, the company will always get a late filing penalty of up to £1,000 for a private company and £5,000 for a public company. Further information about civil penalties is available in our booklet, 'Late Filing Penalties'.
Accounts must be filed even if the company has remained dormant from one year to the next - even if it has never traded - and, if the accounts are late, the company will be penalised. There is no special treatment for dormant companies. Being dormant does not mean that your company does not have to file accounts or file them on time.
We recommend that you send us your accounts well ahead of the filing deadline. If you need to know your filing deadline, contact us on 0870 3333636. Remember that accounts must be received at Companies House by the filing deadline, not just posted by then. The Registrar will not waive a penalty if your accounts are delayed in the post.
9. Who must arrange for accounts to be prepared?
The directors of the company. The accounts must be prepared, laid before the company's members in a general meeting, signed and delivered to Companies House within the time allowed (normally within 10 months of a company's ARD). However, you do not need to lay the accounts before a general meeting of the company, or have them agreed by the Inland Revenue, before sending them to Companies House.
The members can pass an 'elective resolution' not to lay the accounts before the members in a general meeting (see our booklet, 'Resolutions'), but the accounts must still be prepared and given to the members and delivered to Companies House.
10. What are the memorandum and articles of association?
These documents govern the company.
The memorandum sets out:
l the company name;
l where the registered office is situated (in England, Wales or Scotland);
l what it will do (its objects);
l details of the type of company it is;
l its share capital, if the company has shares.
The articles set out the rules for running the company's internal affairs.
From time to time, it may be necessary to change these documents. These changes are made by special resolution and must be registered at Companies House. For more information about resolutions to change the memorandum and articles of association see our booklet, 'Resolutions'.
If the company wishes to change its name, this is also done by passing a special resolution. Companies House charges a fee of £10 to register the change and issues a change of name certificate. More information about this is in our booklet, 'Company Names'.
11. What other documents must I file at Companies House?
Other notices that you may have to file include:
notice of an increase or change in share capital - use Form 123 or 122 as appropriate;
details of mortgages and charges - use Form 395 (Form 410 for companies registered in Scotland);
various company resolutions - see our booklet, 'Resolutions';
notice of the company's liquidation, receivership, administration or a voluntary arrangement - see our booklet, 'Liquidation and Insolvency' (or 'Liquidation and Insolvency (Scotland)' for companies registered in Scotland).
Whenever you complete a document, always quote the company number. It is the company's unique identifier. The number is shown on the company's incorporation certificate or you can ring us on Cardiff 0870 3333636 or Edinburgh 0131 535 5800.
CHAPTER 3
Accounts and audit exemption
1. What does 'no significant accounting transactions' mean?
As mentioned in chapter 1, a company is dormant if it has had 'no significant accounting transactions' during a financial period. When considering whether a company is dormant you can disregard the following financial transactions:
payment for shares taken by subscribers who agreed to take such shares under the memorandum of association;
fees paid to the Registrar of Companies for a change of company name, the re-registration of a company and filing annual returns; and
payments made in respect of civil penalties imposed by the Registrar of Companies for delivering accounts to the Registrar after the statutory time allowed for filing.
A company may not take advantage of dormant company audit exemption if it is:
a person who has permission under Part 4 of the Financial Services and Markets Act 2000 to carry on a regulated activity;
a person who carries on insurance market activity;
If the company has not been dormant since incorporation, but has become dormant, it may take advantage of the exemption provided that:
it has been dormant since the end of the previous financial year; and
it does not have to prepare group accounts for that year; and
it qualifies as a 'small company' in relation to that year (see question 2 below), or would have qualified as small but for the fact that it is:
a public company; or
a member of a group of companies which included a public company, a banking or insurance company, a person who has permission under Part 4 of the Financial Services and Markets Act 2000 to carry on a regulated activity, or a person who carries on insurance market activity.
2. What qualifies a company as a small company?
As mentioned at question 1 above, in order to take advantage of the audit exemption, the company must be both dormant and qualify as 'small'. If the company has traded in the past, then in order to qualify as small in a particular financial year it must meet the qualifying conditions in that year and in the preceding financial year.
The qualifying conditions are that at least two of the following must be met:
the annual turnover must be £2,800,000 or less;
the balance sheet total must be £1,400,000 or less;
the average number of employees must be 50 or fewer.
3. What exemption is available?
Dormant companies that are eligible and wish to take advantage of it can claim exemption from audit.
Private companies that are dormant need only prepare and deliver to Companies House an abbreviated balance sheet and notes. A profit and loss account and directors' report do not have to be included in dormant company accounts filed at Companies House; but a directors' report and possibly a profit and loss account - if the company traded in the previous financial year - must be provided to members.
Public companies that are dormant must prepare and deliver to Companies House a balance sheet and notes, directors' report and possibly a profit-and-loss account, if the company has traded in the previous financial year.
Provided the accounts are prepared so that they comply with the requirements, they do not have to be drawn up by a professional accountant. However, if you are in any doubt about how to prepare a set of accounts, an accountant will be able to advise you.
Companies House cannot know your company's circumstances and financial arrangements, so we cannot help you prepare a set of accounts.
4. Can I obtain a standard form for dormant accounts from Companies House?
Yes, we provide a Form DCA (Dormant Company Accounts) - but it is not suitable for all dormant companies. For simplicity the form has been designed to reflect only the issue of shares to subscribers who agreed to take such shares under the memorandum. The form cannot be used to record other transactions. The flowchart below shows when a Form DCA can be used and when a more detailed balance sheet format shown at the Appendix is required.
When to use Form DCA
5. Companies dormant since incorporation
By definition, these companies can only have entered into the following financial transactions:
the issue of shares to subscribers who agreed to take such shares under the memorandum;
fees paid to the Registrar of Companies for a change of company name, the re-registration of a company and filing annual returns; and
late filing penalties imposed by the Registrar of Companies.
These companies may be able to file their statutory accounts at Companies House by completing Form DCA. But the form is only suitable where any fees or penalties noted above are paid by a third party without any right of reimbursement.
Form DCA can be completed each year for as long as the company remains dormant and meets the above conditions.
6. Companies that have become dormant
These companies must be dormant for the current financial year, but will have entered into transactions in earlier periods. These transactions may have resulted in residual balances appearing on the balance sheet in the current year. If so, Form DCA is not suitable as it has no provision for these balances. If there are no residual balances, other than those relating to the issue of subscriber shares, Form DCA may still be suitable.
Otherwise, the reporting and disclosure requirements for these companies can be diverse and complex. They are summarised in the Appendix.
To fill in Form DCA you need to know about the company's share capital. The items mentioned on Form DCA are explained below and more information is in our booklet, 'Share Capital and Prospectuses'.
Authorised share capital - the maximum number and nominal (or face) value of shares the company is allowed to create under the terms of its memorandum.
Issued share capital - the number and nominal value of shares actually issued to shareholders.
Called-up share capital not paid - the value of shares (generally that means the nominal value) that the company has issued without receiving payment.
Shares allotted during the year - the number of new shares allocated to members in the financial year.
Aggregate nominal value - the total face value of all the shares allotted.
Consideration received - the actual amount received for the shares.
7. What rules apply to dormant accounts in respect of financial years ending before 26 July 2000?
For accounts in respect of financial years ending before 26 July 2000, a dormant company was required to pass a special resolution to exempt itself from the obligation to appoint auditors. For more information on the old requirements see our booklet, 'Accounts and Accounting Reference Dates'.
8. How much time do I have to deliver dormant accounts to Companies House?
Usually 10 months after the accounting reference date. But this can be different for the first accounts and if the accounting reference date has been changed during the year. See chapter 2. Penalties are imposed for late filing. If you are not sure of the filing deadline for your company, call us on Cardiff 0870 3333636 or Edinburgh 0131 535 5800.
The accounts you send to Companies House will not be returned to you - take any copies that you may need before you send them!
Before sending your accounts to Companies House, check that you have:
quoted the correct company number and company name;
dated the balance sheet;
included all the relevant figures for the current and the previous year;
included all the dormant company statements;
stated when the accounts were approved; and
had the balance sheet signed by a director below all the statements.
A director must sign the balance sheet below all the statements. We reject more accounts because they have not been signed than for any other reason.
9. What happens if my company starts trading again?
Any company will cease to be exempt from audit as a dormant company if it:
begins commercial or trading activities during the financial period; or
would no longer qualify for some other reason
If either of these happened, full accounts would be required for the financial year in which the company ceased to be exempt, and the directors might need to appoint auditors for the company. It may be that the company would qualify for exemptions as a medium-sized or small company. More information about company audit requirements and audit exemption for small companies is covered in our booklet, 'Accounts and Accounting Reference Dates'.
CHAPTER 4
Further information
1. How do I send information to the Registrar?
You may deliver documents to the Registrar by hand (personally or by courier), including outside office hours, bank holidays and weekends to Cardiff, London and Edinburgh.
You may also send documents by post or by the Hays Document Exchange service (DX). If you send documents, please address them to:
For companies incorporated in
England & Wales: For companies incorporated in
Scotland:
The Registrar of Companies
Companies House
Crown Way
Cardiff CF14 3UZ
DX33050 Cardiff
The Registrar of Companies
Companies House
37 Castle Terrace
Edinburgh EH1 2EB
DX ED235 Edinburgh 1
We will only acknowledge receipt of documents at Companies if you provide a stamped addressed envelope.
Please note: Companies House does not accept accounts or any other statutory documents by fax.
2. Where do I get forms and guidance booklets?
This is one of a series of Companies House booklets which provide a simple guide to the Companies Act.
Statutory forms and guidance booklets are available, free of charge from Companies House. The quickest way to get them is through this website or by telephoning 0870 3333636.
If you prefer you can write to our Stationery Sections in Cardiff or Edinburgh.
Forms can also be obtained from legal stationers, accountants, solicitors and company formation agents - addresses in business phone books.
Appendix
Model balance sheets for dormant companies
If the company has only issued shares to subscribers who agreed to take such shares under the memorandum, then you will be able to use Form DCA. Likewise, Form DCA will be suitable if the company has paid fees to the Registrar of Companies for a change of company name, the re-registration of a company and filing annual returns, or paid late filing penalties imposed by the Registrar of Companies provided the fees or penalties are paid by a third party without any right of reimbursement.
If you cannot use Form DCA, either because fees and penalties have been paid by the company or because the company has traded in the past and there are residual assets to be shown on the balance sheet, then the formats on the following pages provide a guide to the information you need to include. These formats are designed to reflect all possible assets and liabilities that a company may have but you only need to include a particular heading if there is an amount other than nil to be shown.
These model balance sheets are for illustration only. They should not be photocopied and filled in. If the company has traded in a previous financial year, bear in mind that your previous year's balance sheet will show the company's financial position as it was then. If there have been no accounting transactions since, you could just be carrying forward the figures from last year.
There are two formats - marked A and B - either of which may be followed. The content of the two formats is identical; they simply present the balance sheet headings in a different order.
The balance sheet must balance:
In format A, net assets must equate to the aggregate of capital and reserves.
In format B, assets must equate to liabilities (including capital and reserves as balancing items).
Each entry must be an amount in figures (not words) or '0.00'. Companies House will not accept any document which shows 'Nil' where a figure should appear.
Each column of figures must be headed with the date on which the current and previous financial year ended.
For both formats, the matters to be included in the notes to the balance sheet, if applicable, are listed here.
BALANCE SHEET FORMAT A
COMPANY NO. ............................
COMPANY NAME ..........................................
BALANCE SHEET AS AT ..../..../....... CURRENT YEAR
PREVIOUS YEAR
A CALLED UP SHARE CAPITAL NOT PAID XX XX
B FIXED ASSETS
I. Intangible assets XX XX
II. Tangible assets
III. Investments XX XX
——————————
XXX XXX
C CURRENT ASSETS
I. Stocks XX XX
II. Debtors XX XX
III. Investments XX XX
IV. Cash at bank & in hand XX XX
——————————
XXX XXX
D PREPAYMENTS AND ACCRUED INCOME XX XX
E CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR (XX) (XX)
F NET CURRENT ASSETS/ LIABILITIES XXX XXX
G TOTAL ASSETS LESS CURRENT LIABILITIES XXX XXX
H CREDITORS:AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR (XX) (XX)
I PROVISION FOR LIABILITIES AND CHARGES (XX) (XX)
J ACCRUALS AND DEFERRED INCOME (XX)
(XXX) (XX)
(XXX)
——————————
XXX XXX
K CAPITAL AND RESERVES
I. Called up share capital XX XX
II. Share premium account XX XX
III. Revaluation reserve XX XX
IV. Other reserves XX XX
V. Profit and loss account XX XX
——————————
XXX XXX
(a) For the year ended . . . (date) the company was entitled to exemption under section 249AA(1) of the Companies Act 1985.
(b) Members have not required the company to obtain an audit in accordance with section 249B(2) of the Companies Act 1985.
(c) The directors acknowledge their responsibility for:
i. ensuring the company keeps accounting records which comply with section 221; and
ii. preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year, and of its profit or loss for the financial year, in accordance with the requirements of section 226, and which otherwise comply with the requirements of the Companies Act relating to accounts, so far as applicable to the company.
Approved by the board of directors on...............(date) and
signed on their behalf by......................(DIRECTOR)
BALANCE SHEET FORMAT B
COMPANY NO: ................................
COMPANY NAME: .............................................
BALANCE SHEET AS AT ../../.... CURRENT YEAR
PREVIOUS YEAR
ASSETS
A CALLED UP SHARE CAPITAL NOT PAID XX XX
B FIXED ASSETS
I. Intangible assets XX XX
II. Tangible assets
III. Investments XX XX
——————————
XXX XXX
C CURRENT ASSETS
I. Stocks XX XX
II. Debtors XX XX
III. Investments XX XX
IV. Cash at bank & in hand XX XX
——————————
XXX XXX
LIABILITIES
A CAPITAL AND RESERVES
I. Called up share capital XX XX
II. Share Premium Account XX XX
III. Revaluation reserve XX XX
IV. Other reserves XX XX
V. Profit and loss account XX XX
——————————
XXX XXX
B PROVISION FOR LIABILITIES AND CHARGES XX XX
C CREDITORS XX XX
D ACCRUALS AND DEFERRED INCOME XX XX
——————————
XXX XXX
(a) For the year ended . . . (date) the company was entitled to exemption under section 249AA(1) of the Companies Act 1985.
(b) Members have not required the company to obtain an audit in accordance with section 249B(2) of the Companies Act 1985.
(c) The directors acknowledge their responsibility for:
i. ensuring the company keeps accounting records which comply with section 221; and
ii. preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year, and of its profit or loss for the financial year, in accordance with the requirements of section 226, and which otherwise comply with the requirements of the Companies Act relating to accounts, so far as applicable to the company.
Approved by the board of directors on...............(date) and
signed on their behalf by......................(DIRECTOR)
Notes to the dormant company balance sheet
If it is not included in the balance sheet, certain information supplementing the information given in the balance sheet or relevant to assessing the company's state of affairs must be given, if applicable, by way of notes to the balance sheet as follows:
accounting policies, including those relating to depreciation and diminution in value of assets;
authorised share capital;
if shares of more than one class have been allotted, the number and aggregate nominal value of shares of each class allotted;
information relating to any redeemable shares allotted;
information relating to any shares which have been allotted during the financial year;
information relating to fixed assets;
details of indebtedness;
basis on which sums originally denominated in a foreign currency have been translated into sterling;
in respect to every item above (other than fixed assets) the corresponding amounts for the previous year;
particulars of any subsidiary undertakings and of shares held in them, and the reason why group accounts are not required;
where the company has acted as an agent for any person, the fact that it has so acted.
For a dormant company - especially one that has never traded before - much of this information may not apply. However, you must consider whether it is relevant and include any items that are.
If the company has subsidiary undertakings, the following information, if applicable, may have to be given:
particulars of any undertakings in which the company has a 'significant holding'. For example, the name and address of the business;
the name of the company's ultimate parent company, and (if known) its country of incorporation;
the names of certain intermediate parent companies, and their countries of incorporation or (if not incorporated) the addresses of their principal places of business;
details of certain loans, guarantees and other such dealings made by the company in favour of directors and others.
Contents
Introduction
1. What is a dormant company?
2. Dormant companies and Companies House
3. Accounts and audit exemption
4. Further information
Appendix
This is a guide only and should be read with the relevant legislation.
Introduction
This booklet will help you to manage a dormant company so that you send Companies House everything that is needed to keep the company on the register. It will help you to understand the simple - but important - legal obligations that still apply to a company even when it is dormant. For more general guidance about what companies have to send to Companies House, please see the other booklets in our guidance series.
This booklet tells you about the current rules on dormant companies. The rules changed for accounting periods ending on or after 26 July 2000. The new regulations are in Statutory Instrument 1430/2000. The old rules that applied to accounts ending before 26 July 2000 are covered in our booklet, 'Accounts and Accounting Reference Dates'.
If after reading this booklet, you are in doubt about your responsibilities, you should seek independent help from a solicitor or accountant.
CHAPTER 1
What is dormant a company?
1. What does 'dormant' mean?
The term 'dormant' applies to a company that, in legal terms, has 'no significant accounting transactions' during a financial year. It is not the same as a 'non-trading company', a term that has no legal meaning. No significant accounting transactions means no entries in the company's accounting records. The amount paid for shares when the company is first formed and a few costs that the company may incur in order to keep the company registered at Companies House do not count as significant accounting transactions. There is more information about these allowable transactions at question 1 in chapter 3.
2. What is the difference between a non-trading company and a dormant company?
A company can be non-trading in the sense that it isn't doing business. But it may still have other accounting transactions going through its books, which means that it is not dormant in a legal sense. A dormant company must not have any accounting transactions except specific allowable transactions that can be disregarded, see chapter 3.
3. Why have a dormant company?
Companies can be dormant for various reasons, often to protect a company name, in readiness for a future project, or to hold an asset or intellectual property. Some flat management companies whose main purpose is to own the head lease or the freehold of a property choose to become dormant by setting up a residents' association to deal with any expenses.
A company can remain dormant for as long as necessary - indefinitely if, for example, its purpose it just to prevent the name being used by another company. However, there are expenses associated with keeping a company on the register. In particular, there is a £15.00 fee for registering an annual return (Form 363s). And, while the company is dormant, various other documents and annual company balance sheets must still be prepared and filed at Companies House. The company will have to decide how expenses will be met and who will run the company and be responsible for ensuring that all the legal requirements are met.
4. Who runs a dormant company?
If it is to remain dormant, a company cannot have paid employees because their wages would have to be recorded in the accounting records. However, all companies, including those that are dormant, must have:
at least one director for a private company (two directors for a public company); and
a company secretary.
A sole director cannot also be the company secretary. There must be at least two officers of the company.
5. What responsibilities do the officers of a dormant company have?
The responsibilities of a dormant company's officers are the same as for those of a trading company. The directors and secretary manage the company on behalf of the shareholders or members. Among other things, they are responsible for holding meetings and ensuring that all the necessary returns, accounts and other documents reach Companies House by the due date.
Further information about directors' and secretaries' responsibilities for delivering documents to Companies House is available in our booklet, 'Directors and Secretaries Guide'.
6. What happens if documents are not delivered to Companies House?
The company's officers could be prosecuted because they are personally responsible for ensuring that documents are delivered on time. Failing to do so is a criminal offence. In addition, there will always be an automatic civil penalty for filing accounts late.
Companies House could also reasonably assume that the company is no longer required and strike it from the register. If a company is struck off the register, it ceases to exist and its assets become Crown property.
Further information about this is available in our booklet, 'Strike-off, Dissolution and Restoration' (or 'Strike-off, Dissolution and Restoration (Scotland)' for companies registered in Scotland).
7. What if the company is no longer required?
If you decide that you do not need your dormant company, you can arrange to have it struck off the register. There are two ways of doing this:
if the company has no debts or other liabilities, you may be able to apply for 'voluntary striking-off and dissolution' without going through formal insolvency proceedings; or
if the company has affairs to wind up, then the company can be put into 'voluntary liquidation'.
For more information on these subjects see our booklets, 'Strike-off, Dissolution and Restoration' and 'Liquidation and Insolvency' (or, 'Strike-off, Dissolution and Restoration (Scotland)' and 'Liquidation and Insolvency (Scotland)' for companies registered in Scotland).
CHAPTER 2
Dormant Companies and Companies House
1. What information does Companies House need to know?
Although a company may be dormant, Companies House must still keep up-to-date information about it on record and make this available to anyone who wants to know about the company. Basically, we need to know:
Where to contact the company. The company's official address is known as its 'registered office'.
Who runs the company. That is, particulars about the company officers.
Who owns shares in the company - the shareholders (if the company has them).
Where certain company registers are kept.
What the company's financial year-end is. The company's financial year-end is known as its 'accounting reference date'.
What the company's assets and liabilities are - its annual balance sheet.
What rules govern the company - its memorandum and articles of association.
Most of this information is registered at Companies House when the company is first formed and, if anything changes, you will need to tell us, usually on a special form. However, every year we will send to the company's registered office a summary of the information held on the public record at Companies House - this form is called an Annual Return (Form 363s). This must be completed and returned to Companies House. Also, every year, the company must prepare a balance sheet and send that to Companies House.
More information about all these requirements is included in this chapter.
Even dormant companies must deliver accounts and an annual return (Form 363s) each year!
2. What is a 'registered office'?
This is the company's official address registered at Companies House. It is also the address where we will usually send letters and reminders. The registered office address can be anywhere in England or Wales (or Scotland if your company is registered there). It is important that all correspondence and notices sent to this address are dealt with promptly. A change of registered office address must be notified to Companies House on Form 287. The new address only becomes the registered office when the form has been registered.
All companies must have a registered office address, and the company's name must be displayed outside.
3. Who are the company officers?
These are the company director(s) and the company secretary. They are responsible for managing the company and for delivering documents to Companies House.
Particulars of who they are must be entered in the company's own register of directors and secretaries and notified to Companies House when the company is first formed. Any changes must be recorded in the company's register and notified to Companies House on the correct form within 14 days of the change. The forms for notifying changes are:
appointments
terminations of appointments
change of particulars
Form 288a
Form 288b
Form 288c
A change of particulars for a director means any of the following: name, address, occupation, nationality and other directorships; and for a company secretary it means name or address.
4. Who are the company members?
A company member is defined as a person who has agreed to become a member and whose name is entered on the company's register of members.
For a limited company with shares, this means a person who owns shares in the company - a shareholder. For a company limited by guarantee, it means a person who has agreed to contribute to the assets of the company if it is wound up.
The company must keep a register of its members. Any member of the company or any other person has a right to inspect the register. Unless it is kept at the registered office, Companies House must be notified of where the register is kept, and any change in its location must be notified to Companies House on Form 353.
If a company has shares, details of the shareholders have to be notified to Companies House. The information must be updated every year on the Annual Return Form 363s, which we will send the company shortly before it becomes due.
In addition, if the company has issued debentures, it must keep a register of debenture holders. Any member of the company or any other person has a right to inspect the register. Unless the register is kept at the registered office, Companies House must be notified of where it is kept, and any change in its location must be notified to us on Form 190.
5. What other statutory registers are there?
There are several other statutory registers that may apply to the company. Although there is no obligation to notify Companies House about the location of any other statutory register, the company secretary is responsible for maintaining all the following registers - some of which are mentioned above - if they apply to the company:
the register of debenture holders;
the register of directors and secretaries;
the register of interests in shares (public companies only);
the register of directors' interests in shares, or debentures, of the company;
the register of members;
the register of charges.
These registers must be open to inspection by any person on payment of the prescribed fee.
6. What is an annual return (Form 363s)?
It is a form that every company - even those that are dormant - must send to Companies House each year. (The annual return should not be confused with annual accounts - the two are entirely different.) The annual return must be accurately completed to a particular date known as the 'made-up date'. This is:
12 months after the date of the made-up date of the previous annual return; or
in the case of a company's first annual return, the anniversary of the date of incorporation.
The annual return form and filing fee (£15) must reach Companies House within 28 days after its made-up date.
Shortly before it becomes due, we send an annual return to your registered office, showing the made-up date. The annual return contains pre-printed information about the company already on our records. We also send guidance to help you complete the return.
Even dormant companies must deliver accounts and an annual return (Form 363s) each year!
7. What is an accounting reference date (ARD)?
The ARD is the financial year-end. It is also the date that determines when accounts are due for delivery to Companies House. When a company is incorporated, its ARD will automatically be set as the last day of that month but this can be changed, if the company wishes to do so. Companies House must be told in advance if the ARD is about to be changed. A change of ARD must be notified on Form 225. Changing the ARD can be complicated because of the effect it has on the related accounts. For more information on this see our booklet, 'Accounts and Accounting Reference Dates'.
8. What annual accounts are required?
All limited companies - including dormant companies - must file annual accounts at Companies House. For dormant companies, this means a balance sheet giving details of assets and liabilities and any relevant notes. The balance sheet and notes must comply with the statutory requirements of the Companies Act, as explained in chapter 3 of this booklet.
Annual accounts must usually be delivered to Companies House within 10 months of a company's ARD for a private company, and 7 months for a public company. However, if a company's first accounts cover a period longer that 12 months, the maximum time allowed is 22 months from the date of incorporation (19 months for a public company) or 3 months from the ARD, whichever is longer. ARDs and how to change them are explained in our booklet, 'Accounts and Accounting Reference Dates'.
Please note: if a filing deadline expires on a Sunday or Bank Holiday the law still requires accounts to be filed by that date. So you should ensure that they are posted in time to arrive before such a deadline.
To help you file accounts on time, we send a reminder to the company's registered office 6 to 8 weeks before the accounts are due.
If the accounts reach Companies House outside the time allowed for filing, the company will always get a late filing penalty of up to £1,000 for a private company and £5,000 for a public company. Further information about civil penalties is available in our booklet, 'Late Filing Penalties'.
Accounts must be filed even if the company has remained dormant from one year to the next - even if it has never traded - and, if the accounts are late, the company will be penalised. There is no special treatment for dormant companies. Being dormant does not mean that your company does not have to file accounts or file them on time.
We recommend that you send us your accounts well ahead of the filing deadline. If you need to know your filing deadline, contact us on 0870 3333636. Remember that accounts must be received at Companies House by the filing deadline, not just posted by then. The Registrar will not waive a penalty if your accounts are delayed in the post.
9. Who must arrange for accounts to be prepared?
The directors of the company. The accounts must be prepared, laid before the company's members in a general meeting, signed and delivered to Companies House within the time allowed (normally within 10 months of a company's ARD). However, you do not need to lay the accounts before a general meeting of the company, or have them agreed by the Inland Revenue, before sending them to Companies House.
The members can pass an 'elective resolution' not to lay the accounts before the members in a general meeting (see our booklet, 'Resolutions'), but the accounts must still be prepared and given to the members and delivered to Companies House.
10. What are the memorandum and articles of association?
These documents govern the company.
The memorandum sets out:
l the company name;
l where the registered office is situated (in England, Wales or Scotland);
l what it will do (its objects);
l details of the type of company it is;
l its share capital, if the company has shares.
The articles set out the rules for running the company's internal affairs.
From time to time, it may be necessary to change these documents. These changes are made by special resolution and must be registered at Companies House. For more information about resolutions to change the memorandum and articles of association see our booklet, 'Resolutions'.
If the company wishes to change its name, this is also done by passing a special resolution. Companies House charges a fee of £10 to register the change and issues a change of name certificate. More information about this is in our booklet, 'Company Names'.
11. What other documents must I file at Companies House?
Other notices that you may have to file include:
notice of an increase or change in share capital - use Form 123 or 122 as appropriate;
details of mortgages and charges - use Form 395 (Form 410 for companies registered in Scotland);
various company resolutions - see our booklet, 'Resolutions';
notice of the company's liquidation, receivership, administration or a voluntary arrangement - see our booklet, 'Liquidation and Insolvency' (or 'Liquidation and Insolvency (Scotland)' for companies registered in Scotland).
Whenever you complete a document, always quote the company number. It is the company's unique identifier. The number is shown on the company's incorporation certificate or you can ring us on Cardiff 0870 3333636 or Edinburgh 0131 535 5800.
CHAPTER 3
Accounts and audit exemption
1. What does 'no significant accounting transactions' mean?
As mentioned in chapter 1, a company is dormant if it has had 'no significant accounting transactions' during a financial period. When considering whether a company is dormant you can disregard the following financial transactions:
payment for shares taken by subscribers who agreed to take such shares under the memorandum of association;
fees paid to the Registrar of Companies for a change of company name, the re-registration of a company and filing annual returns; and
payments made in respect of civil penalties imposed by the Registrar of Companies for delivering accounts to the Registrar after the statutory time allowed for filing.
A company may not take advantage of dormant company audit exemption if it is:
a person who has permission under Part 4 of the Financial Services and Markets Act 2000 to carry on a regulated activity;
a person who carries on insurance market activity;
If the company has not been dormant since incorporation, but has become dormant, it may take advantage of the exemption provided that:
it has been dormant since the end of the previous financial year; and
it does not have to prepare group accounts for that year; and
it qualifies as a 'small company' in relation to that year (see question 2 below), or would have qualified as small but for the fact that it is:
a public company; or
a member of a group of companies which included a public company, a banking or insurance company, a person who has permission under Part 4 of the Financial Services and Markets Act 2000 to carry on a regulated activity, or a person who carries on insurance market activity.
2. What qualifies a company as a small company?
As mentioned at question 1 above, in order to take advantage of the audit exemption, the company must be both dormant and qualify as 'small'. If the company has traded in the past, then in order to qualify as small in a particular financial year it must meet the qualifying conditions in that year and in the preceding financial year.
The qualifying conditions are that at least two of the following must be met:
the annual turnover must be £2,800,000 or less;
the balance sheet total must be £1,400,000 or less;
the average number of employees must be 50 or fewer.
3. What exemption is available?
Dormant companies that are eligible and wish to take advantage of it can claim exemption from audit.
Private companies that are dormant need only prepare and deliver to Companies House an abbreviated balance sheet and notes. A profit and loss account and directors' report do not have to be included in dormant company accounts filed at Companies House; but a directors' report and possibly a profit and loss account - if the company traded in the previous financial year - must be provided to members.
Public companies that are dormant must prepare and deliver to Companies House a balance sheet and notes, directors' report and possibly a profit-and-loss account, if the company has traded in the previous financial year.
Provided the accounts are prepared so that they comply with the requirements, they do not have to be drawn up by a professional accountant. However, if you are in any doubt about how to prepare a set of accounts, an accountant will be able to advise you.
Companies House cannot know your company's circumstances and financial arrangements, so we cannot help you prepare a set of accounts.
4. Can I obtain a standard form for dormant accounts from Companies House?
Yes, we provide a Form DCA (Dormant Company Accounts) - but it is not suitable for all dormant companies. For simplicity the form has been designed to reflect only the issue of shares to subscribers who agreed to take such shares under the memorandum. The form cannot be used to record other transactions. The flowchart below shows when a Form DCA can be used and when a more detailed balance sheet format shown at the Appendix is required.
When to use Form DCA
5. Companies dormant since incorporation
By definition, these companies can only have entered into the following financial transactions:
the issue of shares to subscribers who agreed to take such shares under the memorandum;
fees paid to the Registrar of Companies for a change of company name, the re-registration of a company and filing annual returns; and
late filing penalties imposed by the Registrar of Companies.
These companies may be able to file their statutory accounts at Companies House by completing Form DCA. But the form is only suitable where any fees or penalties noted above are paid by a third party without any right of reimbursement.
Form DCA can be completed each year for as long as the company remains dormant and meets the above conditions.
6. Companies that have become dormant
These companies must be dormant for the current financial year, but will have entered into transactions in earlier periods. These transactions may have resulted in residual balances appearing on the balance sheet in the current year. If so, Form DCA is not suitable as it has no provision for these balances. If there are no residual balances, other than those relating to the issue of subscriber shares, Form DCA may still be suitable.
Otherwise, the reporting and disclosure requirements for these companies can be diverse and complex. They are summarised in the Appendix.
To fill in Form DCA you need to know about the company's share capital. The items mentioned on Form DCA are explained below and more information is in our booklet, 'Share Capital and Prospectuses'.
Authorised share capital - the maximum number and nominal (or face) value of shares the company is allowed to create under the terms of its memorandum.
Issued share capital - the number and nominal value of shares actually issued to shareholders.
Called-up share capital not paid - the value of shares (generally that means the nominal value) that the company has issued without receiving payment.
Shares allotted during the year - the number of new shares allocated to members in the financial year.
Aggregate nominal value - the total face value of all the shares allotted.
Consideration received - the actual amount received for the shares.
7. What rules apply to dormant accounts in respect of financial years ending before 26 July 2000?
For accounts in respect of financial years ending before 26 July 2000, a dormant company was required to pass a special resolution to exempt itself from the obligation to appoint auditors. For more information on the old requirements see our booklet, 'Accounts and Accounting Reference Dates'.
8. How much time do I have to deliver dormant accounts to Companies House?
Usually 10 months after the accounting reference date. But this can be different for the first accounts and if the accounting reference date has been changed during the year. See chapter 2. Penalties are imposed for late filing. If you are not sure of the filing deadline for your company, call us on Cardiff 0870 3333636 or Edinburgh 0131 535 5800.
The accounts you send to Companies House will not be returned to you - take any copies that you may need before you send them!
Before sending your accounts to Companies House, check that you have:
quoted the correct company number and company name;
dated the balance sheet;
included all the relevant figures for the current and the previous year;
included all the dormant company statements;
stated when the accounts were approved; and
had the balance sheet signed by a director below all the statements.
A director must sign the balance sheet below all the statements. We reject more accounts because they have not been signed than for any other reason.
9. What happens if my company starts trading again?
Any company will cease to be exempt from audit as a dormant company if it:
begins commercial or trading activities during the financial period; or
would no longer qualify for some other reason
If either of these happened, full accounts would be required for the financial year in which the company ceased to be exempt, and the directors might need to appoint auditors for the company. It may be that the company would qualify for exemptions as a medium-sized or small company. More information about company audit requirements and audit exemption for small companies is covered in our booklet, 'Accounts and Accounting Reference Dates'.
CHAPTER 4
Further information
1. How do I send information to the Registrar?
You may deliver documents to the Registrar by hand (personally or by courier), including outside office hours, bank holidays and weekends to Cardiff, London and Edinburgh.
You may also send documents by post or by the Hays Document Exchange service (DX). If you send documents, please address them to:
For companies incorporated in
England & Wales: For companies incorporated in
Scotland:
The Registrar of Companies
Companies House
Crown Way
Cardiff CF14 3UZ
DX33050 Cardiff
The Registrar of Companies
Companies House
37 Castle Terrace
Edinburgh EH1 2EB
DX ED235 Edinburgh 1
We will only acknowledge receipt of documents at Companies if you provide a stamped addressed envelope.
Please note: Companies House does not accept accounts or any other statutory documents by fax.
2. Where do I get forms and guidance booklets?
This is one of a series of Companies House booklets which provide a simple guide to the Companies Act.
Statutory forms and guidance booklets are available, free of charge from Companies House. The quickest way to get them is through this website or by telephoning 0870 3333636.
If you prefer you can write to our Stationery Sections in Cardiff or Edinburgh.
Forms can also be obtained from legal stationers, accountants, solicitors and company formation agents - addresses in business phone books.
Appendix
Model balance sheets for dormant companies
If the company has only issued shares to subscribers who agreed to take such shares under the memorandum, then you will be able to use Form DCA. Likewise, Form DCA will be suitable if the company has paid fees to the Registrar of Companies for a change of company name, the re-registration of a company and filing annual returns, or paid late filing penalties imposed by the Registrar of Companies provided the fees or penalties are paid by a third party without any right of reimbursement.
If you cannot use Form DCA, either because fees and penalties have been paid by the company or because the company has traded in the past and there are residual assets to be shown on the balance sheet, then the formats on the following pages provide a guide to the information you need to include. These formats are designed to reflect all possible assets and liabilities that a company may have but you only need to include a particular heading if there is an amount other than nil to be shown.
These model balance sheets are for illustration only. They should not be photocopied and filled in. If the company has traded in a previous financial year, bear in mind that your previous year's balance sheet will show the company's financial position as it was then. If there have been no accounting transactions since, you could just be carrying forward the figures from last year.
There are two formats - marked A and B - either of which may be followed. The content of the two formats is identical; they simply present the balance sheet headings in a different order.
The balance sheet must balance:
In format A, net assets must equate to the aggregate of capital and reserves.
In format B, assets must equate to liabilities (including capital and reserves as balancing items).
Each entry must be an amount in figures (not words) or '0.00'. Companies House will not accept any document which shows 'Nil' where a figure should appear.
Each column of figures must be headed with the date on which the current and previous financial year ended.
For both formats, the matters to be included in the notes to the balance sheet, if applicable, are listed here.
BALANCE SHEET FORMAT A
COMPANY NO. ............................
COMPANY NAME ..........................................
BALANCE SHEET AS AT ..../..../....... CURRENT YEAR
PREVIOUS YEAR
A CALLED UP SHARE CAPITAL NOT PAID XX XX
B FIXED ASSETS
I. Intangible assets XX XX
II. Tangible assets
III. Investments XX XX
——————————
XXX XXX
C CURRENT ASSETS
I. Stocks XX XX
II. Debtors XX XX
III. Investments XX XX
IV. Cash at bank & in hand XX XX
——————————
XXX XXX
D PREPAYMENTS AND ACCRUED INCOME XX XX
E CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR (XX) (XX)
F NET CURRENT ASSETS/ LIABILITIES XXX XXX
G TOTAL ASSETS LESS CURRENT LIABILITIES XXX XXX
H CREDITORS:AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR (XX) (XX)
I PROVISION FOR LIABILITIES AND CHARGES (XX) (XX)
J ACCRUALS AND DEFERRED INCOME (XX)
(XXX) (XX)
(XXX)
——————————
XXX XXX
K CAPITAL AND RESERVES
I. Called up share capital XX XX
II. Share premium account XX XX
III. Revaluation reserve XX XX
IV. Other reserves XX XX
V. Profit and loss account XX XX
——————————
XXX XXX
(a) For the year ended . . . (date) the company was entitled to exemption under section 249AA(1) of the Companies Act 1985.
(b) Members have not required the company to obtain an audit in accordance with section 249B(2) of the Companies Act 1985.
(c) The directors acknowledge their responsibility for:
i. ensuring the company keeps accounting records which comply with section 221; and
ii. preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year, and of its profit or loss for the financial year, in accordance with the requirements of section 226, and which otherwise comply with the requirements of the Companies Act relating to accounts, so far as applicable to the company.
Approved by the board of directors on...............(date) and
signed on their behalf by......................(DIRECTOR)
BALANCE SHEET FORMAT B
COMPANY NO: ................................
COMPANY NAME: .............................................
BALANCE SHEET AS AT ../../.... CURRENT YEAR
PREVIOUS YEAR
ASSETS
A CALLED UP SHARE CAPITAL NOT PAID XX XX
B FIXED ASSETS
I. Intangible assets XX XX
II. Tangible assets
III. Investments XX XX
——————————
XXX XXX
C CURRENT ASSETS
I. Stocks XX XX
II. Debtors XX XX
III. Investments XX XX
IV. Cash at bank & in hand XX XX
——————————
XXX XXX
LIABILITIES
A CAPITAL AND RESERVES
I. Called up share capital XX XX
II. Share Premium Account XX XX
III. Revaluation reserve XX XX
IV. Other reserves XX XX
V. Profit and loss account XX XX
——————————
XXX XXX
B PROVISION FOR LIABILITIES AND CHARGES XX XX
C CREDITORS XX XX
D ACCRUALS AND DEFERRED INCOME XX XX
——————————
XXX XXX
(a) For the year ended . . . (date) the company was entitled to exemption under section 249AA(1) of the Companies Act 1985.
(b) Members have not required the company to obtain an audit in accordance with section 249B(2) of the Companies Act 1985.
(c) The directors acknowledge their responsibility for:
i. ensuring the company keeps accounting records which comply with section 221; and
ii. preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year, and of its profit or loss for the financial year, in accordance with the requirements of section 226, and which otherwise comply with the requirements of the Companies Act relating to accounts, so far as applicable to the company.
Approved by the board of directors on...............(date) and
signed on their behalf by......................(DIRECTOR)
Notes to the dormant company balance sheet
If it is not included in the balance sheet, certain information supplementing the information given in the balance sheet or relevant to assessing the company's state of affairs must be given, if applicable, by way of notes to the balance sheet as follows:
accounting policies, including those relating to depreciation and diminution in value of assets;
authorised share capital;
if shares of more than one class have been allotted, the number and aggregate nominal value of shares of each class allotted;
information relating to any redeemable shares allotted;
information relating to any shares which have been allotted during the financial year;
information relating to fixed assets;
details of indebtedness;
basis on which sums originally denominated in a foreign currency have been translated into sterling;
in respect to every item above (other than fixed assets) the corresponding amounts for the previous year;
particulars of any subsidiary undertakings and of shares held in them, and the reason why group accounts are not required;
where the company has acted as an agent for any person, the fact that it has so acted.
For a dormant company - especially one that has never traded before - much of this information may not apply. However, you must consider whether it is relevant and include any items that are.
If the company has subsidiary undertakings, the following information, if applicable, may have to be given:
particulars of any undertakings in which the company has a 'significant holding'. For example, the name and address of the business;
the name of the company's ultimate parent company, and (if known) its country of incorporation;
the names of certain intermediate parent companies, and their countries of incorporation or (if not incorporated) the addresses of their principal places of business;
details of certain loans, guarantees and other such dealings made by the company in favour of directors and others.
Completion Of Accounts
CHECKLIST
Do they show the correct company name and number?
Are they made up to the correct accounting reference date?
If appropriate, is the statement of exemption included?
Has the directors report been signed?
Has the balance sheet been signed?
Has the auditors report (where one is required) been signed and the auditors name shown?
CHECKLIST
Do they show the correct company name and number?
Are they made up to the correct accounting reference date?
If appropriate, is the statement of exemption included?
Has the directors report been signed?
Has the balance sheet been signed?
Has the auditors report (where one is required) been signed and the auditors name shown?
Delivery of Documents to the Registrar of Companies
Companies must ensure that their accounts are delivered to Companies House by the filing deadline. If accounts are filed late, Companies House will levy a late filing penalty.
We will levy a penalty if:
Accounts are filed late.
Accounts are sent before the filing deadline but do not reach Companies House by the deadline.
The Registrar of Companies cannot accept delays in transit as a reason to waive a penalty.
We want to make sure that customers are aware of their responsibility to file on time and have the information they need to do so. Anyone filing documents at Companies House should:
Ensure they understand their legal responsibilities.
Be aware that postal and other delivery services may be subject to loss or delay.
(Royal Mail's own published figures (July-September 2001) on delivery performance show that, regionally, up to 10% of first class mail may not be delivered by the next working day after posting.
Be aware, particularly, of any industrial disputes or other factors, which may make it difficult for a carrier to meet their advertised standards of service.
Select a reliable delivery service, using a guaranteed delivery service where time is an important factor.
Ask us to acknowledge receipt of documents, providing a stamped addressed envelope.
Check their own company record regularly to ensure details held at Companies House are up to date.
Send documents for English and Welsh companies to the Registrar in Cardiff and for Scottish companies to the Registrar in Edinburgh.
Only Companies House Cardiff and Edinburgh are able to accept postal deliveries on Saturday.
Documents can be delivered by hand 24 hours a day, seven days a week at Companies House Cardiff, London and Edinburgh.
Guidance on the legal responsibilities of company directors, the due dates for filing accounts and the delivery of documents to the Registrar of Companies can be found under 'Guidance Booklets'. Alternatively telephone the Companies House Contact Centre on: 0870 33 33 636.
Companies House has offices at:
Crown Way
Cardiff
CF14 3UZ
37 Castle Terrace
Edinburgh
EH1 2EB
21 Bloomsbury Street
London
WC1B 3XD
Companies must ensure that their accounts are delivered to Companies House by the filing deadline. If accounts are filed late, Companies House will levy a late filing penalty.
We will levy a penalty if:
Accounts are filed late.
Accounts are sent before the filing deadline but do not reach Companies House by the deadline.
The Registrar of Companies cannot accept delays in transit as a reason to waive a penalty.
We want to make sure that customers are aware of their responsibility to file on time and have the information they need to do so. Anyone filing documents at Companies House should:
Ensure they understand their legal responsibilities.
Be aware that postal and other delivery services may be subject to loss or delay.
(Royal Mail's own published figures (July-September 2001) on delivery performance show that, regionally, up to 10% of first class mail may not be delivered by the next working day after posting.
Be aware, particularly, of any industrial disputes or other factors, which may make it difficult for a carrier to meet their advertised standards of service.
Select a reliable delivery service, using a guaranteed delivery service where time is an important factor.
Ask us to acknowledge receipt of documents, providing a stamped addressed envelope.
Check their own company record regularly to ensure details held at Companies House are up to date.
Send documents for English and Welsh companies to the Registrar in Cardiff and for Scottish companies to the Registrar in Edinburgh.
Only Companies House Cardiff and Edinburgh are able to accept postal deliveries on Saturday.
Documents can be delivered by hand 24 hours a day, seven days a week at Companies House Cardiff, London and Edinburgh.
Guidance on the legal responsibilities of company directors, the due dates for filing accounts and the delivery of documents to the Registrar of Companies can be found under 'Guidance Booklets'. Alternatively telephone the Companies House Contact Centre on: 0870 33 33 636.
Companies House has offices at:
Crown Way
Cardiff
CF14 3UZ
37 Castle Terrace
Edinburgh
EH1 2EB
21 Bloomsbury Street
London
WC1B 3XD
STRIKING-OFF, DISSOLUTION AND RESTORATION
GBW2 GBW2(S)
How do I apply for a company to be struck off the Register?
Complete and send us Form 652A with a £10 filing fee: The Registrar will provide the form on request. However, striking-off is only applicable to a private company if, in the past three months, it has not:
traded or otherwise carried on business;
changed its name;
disposed for value of property or rights that, immediately before ceasing to be in business or trade, it held for disposal or gain in the normal course of that business or trade; or
engaged in any other activity except one necessary or expedient for making a striking-off application, settling the company’s affairs or meeting a statutory requirement. A company can, however, apply if it has settled trading or business debts in the previous three months.
(See guidance notes GBW2 'Striking-off dissolution and restoration' for full details of how to apply.)
How do I apply to restore a company to the Register?
A company may only be restored by a court order, so legal advice should be sought.
Who can apply?
A member or a creditor of the company, within 20 years of dissolution. If the company was dissolved following an application under section 652a, any of the parties who must be notified of the application may also apply. See notes for guidance GBW2 for more information.
Where do I apply?
To the High Court, District Registry, or a County Court that has jurisdiction to wind up the company.
What are the costs?
The Registrar’s costs would normally be between £250 to £300, which have to be met by the applicant. Also there are solicitor's fees and court costs to be paid.
What is needed?
Before the court hearing the Registrar would normally ask for:
the delivery of any statutory documents necessary to bring the company’s public file up to date; and
the correction of any irregularities in the company’s structure.
A late filing penalty would also be payable by the company for each set of accounts delivered outside the period allowed by the Companies Act 1985.
For further details please telephone Dissolution / restoration section (029 2038 0069 or 029 2038 0443).
Monday, November 10, 2003
Limited Company Formation
Limited COmpany Formation UK Limited
Company
The UK limited company directory. Find relevant Limited Company.
Search Results For 'Limited Company' UKPLC sameday
limsearch-UK/f/o/form_limited_company UK Forming Limited Company Directory - LimSearch
a limited company with Duport Superb information, advice and fantastic offers
for setting up limited companies, starting a business and communicating with
limsearch-UK/f/o/forming_limited_company/ -
Joran Limited companies company data echo facility formations
House approved software that allows you to limited companies from your own
office for only a few pounds.Jorans' services include company formations and
Jorans-UK/Jorans3.nsf Jorans Limited company formations, company formation uk, limited
forms by clicking on the order link under the Jorans logo on the left hand
side. In the banner at the top you can check availability of company and LLP
Services include company formation and administration, software solutions, intellectual property,
Business and Economy > Business Services jorans-UK
ADVICE FORMING LIMITED COMPANY BUSINESSES
company formations : limited company In brief. Setting up: You have to
register with the Registrar of Companies at Companies House. Liability:
startinbusiness-UK/flowchart/ 4flowchart_legalformat_ltd -
FORMING A LIMITED COMPANY, WITH A COMPANY FORMATIONS SERVICE
company formations : limited company a new company using
a 'company formations service' / your accountant. The 'Pros'.
startinbusiness-UK/flowchart/5flowchart_buy -
startinbusiness-UK
FORMING UK LIMITED COMPANY. UK LIMITED COMPANY FORMATION. UK
known as Table A applies automatically to any company limited by shares to registered
office to be used by the company on incorporation [ 10 ], and a
ukincorp-UK/?s=17 -
UK ONLINE COMPANY FORMATION. INCORPORATE UK COMPANY. FORMING UK
We are often asked - "SHOULD I A LIMITED COMPANY?" The reality
is that there is no easy answer. WHO CAN A LIMITED COMPANY?
ukincorp-UK/Online Company Services LTD | UK Company formations, UK business
Why a Company. A UK limited company is widely recognised as one of the most
cost effective and easily managed corporate entities with which to establish a
os-group/html/whyOnline Company Services LTD | UK Company formations, UK business
Name: Address: If you would like us to act as corporate secretary for the company
please check the relevant box at the bottom of this form. Company Directors.
os-group/html/UK Limited Company Formation & Registration service. Online
UK Business Formations Limited, company formation service, we uk limited
companies, company formation agents, UK Business Formations Limited,
ukb/limited-company-order--UK Limited Company Formation & Registration service. Online
UK Business Formations Limited, company formation service, we uk limited
companies, company formation agents, UK Company Formation Service,
ukb/readymade-limited-company -
ukb
Information On Forming a UK Limited Company [igpcorporate.co
Information. Introduction. Why a UK Limited Company? What is a Private
Company Limited by Shares? Why a UK Limited Company? ipcorporate-UK/info/info -
company formation service:
choosing company name, company
APPLICATION BELOW. 1. Standard Limited Company 76.59 + vat (13.40) =
£89.99 £75.00. Suitable for the majority of small businesses in the UK.
bizhelp/services/company_formations/ company_formation - 5
Limited Company or Sole Trader: The Difference
At some stage during your business career the question that most of
us have to deal with is whether or not to a limited company.
bizhelp/business_start_up/ limited_company_sole_trader_name_tax_liability - 6
Leathes Prior Solicitors - Insolvency, Intellectual, Property,
This facility is intended for use by those who have already decided that they
wish to a Limited Company. A LIMITED COMPANY.
leathesprior-UK/formcompany -Limited Company Formation UK Forming a Limited Liability Company
formation of limited liability companies, LTD company formation, UKcorporator-UK
is the easiest, automated way to any type of UK Limited Company.
ukincorporator-UK/limited-company-formation
Company Formation UK Limited Company Formations
formation, forming a limited liability company, formation of limited liability companies,
LTD companies or a limited liability company online, UKcorporator
Limited Companies - Enquiry Form
Limited Companies. Enquiry Form. For a free no obligation quotation, please
complete the following form. Please input yourompany details below::
insolvencyhelp-UK/enquiry-forms/ ltd-enquiry -
imited Companies - Is your business in financial trouble?
Limited Companies. If you are involved in a company that may be experiencing problems
please contact us now on 0800 074 6918 or send complete the online form.
insolvencyhelpline-UK/ltd-companies/ is-your-business-in-trouble -
insolvencyhelpline-UK Should I a limited company?
Should I a limited company? Should I a limited company?
Should I a limited company? Forming a limited company has
bcentral-UK/admin/starting/publicprivatefaq/ Should_I_form_a_limited_company - 5
How does a limited company differ from sole trading or
How does a limited company differ from sole trading or partnerships? The Stationery
Office. How does a limited company differ from sole trading or partnerships?
bcentral-UK/admin/starting/ publicprivatefaq/
Limited companies: who can them?
more newsletters. Who can a limited company? compactlaw. related links. ARTICLE:
How do I a private limited company? ARTICLE: The tools of your trade.
village-UK/workcareer/ownbiz/bizplan/ articles/0,,197_178973,00 - 6
How to a limited company
more newsletters. How do I a private limited company? compactlaw. ARTICLE:
What is a limited company? ARTICLE: Who can a limited company?
village-UK/workcareer/ownbiz/bizplan/ articles/0,,197_178962,00 - 6
Online order Sameday UK Limited Company
Please fill out the below to order a Same-day Limited Company Your name:* Your
Organisation: Address Line 1:* Address Line 2:* Address Line 3:* Post Code
uk-business-formations-UK/ ordersamedayukltd - 1
Public UK Limited Company, UK Business Formations Ltd
117. Order. For deliveries outside of the UK please refer to our price
list. NEW: UK Limited Company Search Services. Standard UK Limited Company.
uk-business-formations-UK/ publicukltdcompany - 1
uk-business-formations-UK
Uk company
formation service for forming limited companies.
Call our helpline 08451 30 40 92. a Limited Company Save £2,456.13 as a Company
Director (More Info) Need help please call our helpline 08451 30 40 92.
.co.UK/ UK Limited Company online order for custom formed companies
Custom UK Limited Company. Online order form. Email: sales company-services-UK. CUSTOM
LIMITED COMPANY ORDER FORM. Your details for invoice and delivery.
company-services-UK/customorder -
UK Limited Company online order for custom formed companies
Electronic Custom UK Limited Company. Online order form. Email: sales company-services-UK. ELECTRONIC
CUSTOM LIMITED COMPANY ORDER FORM.
company-services-UK/electronic -
company-services-UK
Tailor Made Companies
Tailor Made Companies. Our tailor made company formation service allows
you to choose the name of your new company, subject to availability.
companyregistrations-UK/tiscali/form1 -
Company Registrations - company formations, company registrations
information on the nature and structure of limited companies, a company search service Professional
clients and those who companies on a regular
UK based company offering incorporation and registration of your company online.
Business > Small Business > Start Up
companyregistrations-UK/ company registrations
UK Limited Company Search order form
UK Limited Company Searches Company search online order form.
uk companysearches-UK/UK Limited Copany Officers Listing order form
UK Limited Company SearcheS Officers listing online order form.
uk companysearches-UK/officers -
uk companysearches-UK
Albemarle Interim Management Plc - Forming a Limited Company
Forming a Limited Company. When we find you an assignment you will
be required to invoice us through a Limited Copmany (although
albemarle-UK/s/ltd_company -
Company Formations and Business Starter Advice and Products to
Form™ offers a fast and professional Company Formations service for UK Limited
Companies and UK Public Limited Companies starting from just £141.00
co-form-UK/ - 1
Company Services Limited - Limited Company Formation and
Each of our limited company packs include forms to open a bank account and we will
be happy to help you with any assistance you may require, phone 288a.
companyservices/Forms_Links - 1
Company Services Limited - UK Limited Company
Advantages of a Limited Company. Limited Liability There are a number of advantages
to forming a Limited Company the most obvious being "Limited Liability".
hanovercompanyservices/UK_Companies - 1
hanovercompanyservices
UK Limited Company Formations - company search and ready make UK
company Formations we will help you every step of the way with your limited company
formation. All our services Include - Name Check - 225 - 88
Limited company formation agents offering ready made companies as well as new company name search
Business > Business Services > > United Kingdom
uk-limited-company-formation-UK/ -
UK Limited Company Foramtions - Order for UK limited company
All our prices are inclusive of VAT, Postage & Packaging. Enter Proposed Limited
Company Name. Name Check - 225 - 88 - 287 - Forms 288a - J10.
uk-limited-company-formation-UK/order_- 1
uk-limited-company-formation-a Limited Company
To a limited company there are many points that need to be considered seriously.
Credit score with checkSURE, Home page, a Limited Company.
checksure/limited_companies/ form_a_limited_company - 1
Limited Companies with check
company formation. a Limited Company To a limited company
there are many points that need to be considered seriously. New
checklimited-companies-areas - 1
check
UK limited company formation specialists. Sameday company
APPLY NOW. If you have used this service before and already have all of the company
formation details please proceed to your limited company directly.
limited-UK/ -
Register Online - Company formation and name search, UK limited
a Limited Company Save £2,456.13 as a Company Director (More Info) Tax
Calculator - Our Helpline 08451 92. Business Finance Center MORE INFO.
limited company registration uk
note that you must complete and send us a LLP2, which you can download from
our company forms page. accountancy software. limited liability partnerships.
registering-a-trademark/ limited_company_registration_uk - 5
Jorans Limited company formations companies fast formation
Jorans Limited company formations companies fast formation forming ready registration
forms hours incorporation Jorans limited links made mail provide
company-formations-UK/ -
8 Hour UK Limited Company Formation & Registration of Offshore
answer. The service allows you to a company inworking hours (Working
hours are: 9am to 5pm Monday to Friday). Please understand
Company formation agents for UK and offshore company formation & registration.
London > Haringey > Business and Economy
formationshouse/ -
THE PROCEDURE FOR FORMING SCOTTISH LIMITED COMPANY. STEPS
of the business name, many clients companies in anticipation of future development
of new businesses or in order to protect the limited company name of an
coddan-UK/?s=36 - 7
HOW TO INCORPORATE AND A LIMITED COMPANY IN HONG KONG. HK
It is easy to a limited company incorporated in Hong Kong (HK). It
is easy to a limited company incorporated in Hong Kong (HK).
coddan-UK/?coddan-UK
Limited Company Formation Questions and Answers. Answers ot the
use 288b changes in an officer's name or address 288c. Can anyone be a
company director ? You can't be a company director of a Limited Company if you
brightonformations-UK/q&a -
On-Line Company Incorporation Order Form. Create your own Limited
Formation Agents Register your own UK limited company formation or choose from
our ready made UK limited company list. Company Formation Order Form.
brightonformations-UK/ company_formation_order_- 1
brightonformations-UK
Netribution > Features > How To Register As A Company
week we look at registering as a Private Limited Company. directors, registered offices
and appoint a company secretary 2) Download 10 and 12 from the
netribution-UK/features/ howto/register_a_company -
Limited Companies
Check the availability of your chosen company name, or speak Print and complete the
application form. Send the above forms to Companies Limited, 376 Euston Road
companies-limited-UK/forms - 1
Limited Companies
The ARD can be changed by filing 225 at Companies House. The first accounts
of a private limited company must be delivered within 10 months of the
companies-limited-UK/more5 - 1
companies-limited-UK
Starting limited company -Business
117 - certificate to commence trading (Plc only); Free compliance guide. Our and
advise you on the appropriateness of starting a limited company for your
business/_company/ starting-limited-company -
Limited Company formation -Business
registration services. We have all the information you need to a limited
company, whatever your unique requirements may be. Learn more
business/_formation/ limited-company-formation -
Forming a limited Company (UrPlace)
There is a relatively simple to fill in, two small documents to write (your You
should be aware that while it is easy to set up a Limited Company, you are
urplace/Boards/2x -
Private Limited Companies
private limited companies are the most common type of company and are suitable for
most businesses need to do is complete the details on the order form, or call
douglas-cs-UK/ltd -
Public Limited Companies
public limited companies Plc's must have a minimum ofdirectors, a qualified company
secretary, and a to do is complete the details on the order form, or call
-cs-UK/plc -
UK Company Registrations for Newly Incorporated Limited Companies
other Credit or Debit card, cheque or bank transfer, Fill out the order or
contact us order for a UK limited company registered at Companies House.
incorporationsuk/companyformationsdiary2 - 5
UK Company Registrations for Newly Incorporated Limited Companies
.. £65. Day 0, Who are Duport Associates Limited? Duport Associates are your
company registration agents. Our job is to your new company for you.
incorporations uk/companyformations incorporations uk
Ebooks Home
The Memorandum of Association is one of two legal documents required
to a limited company. It is also the simplest. The Memorandum
companyformations.-UK/ - 1
Corporate Link Online Application Forms
Corporate Link - Limited Company / PLC Application Form. To complete a new
application form, please Click Here. Saved Corporate Link Application Forms.
-b2b-UK/appforms/app_ltd-plc_login -
Company formation company registration business startup limited
contact details business start up limited company formation services the best company
registration agents we know. inexpensive way for anyone to a company
direct formations-UK/
Company formation company registration business startup limited
cost £150 or more and for most limited companies formed provide you with the "rules"
for your company (called the This means that we can a company, from
direct formations-UK/company_formations -direct formaitons-UK
CompanyStartupKit - Limited Company Registration Form
Please ensure you complete this fully and ensure that you have read the 'how
it Please ensure that you ADD the word LIMITED after the company name.
companystartupkit/acatalog/- 1
Quick Formations - Online Company Formation Agent, Company
your own Limited company online using our electronic filing service
direct with companies house. Our company formations service
quickformations/ -
Fast UK Company Formations just £45 with fastformations
Do you Limited by Guarantee companies for use with a charity or
other Non-profit organisation? What about a company bank account?
fastformations/faq - 1
Limited Companies
These should be in accordance with, or as near to that as circumstances permit,
the following tables: Company limited by guarantee without share capital,
smartonline-UK/pages/start/ biz-struct/form-ltd/article - 1
imited Company Order
Page 1. imited Company Order I/We wish to order a company as
detailed below and enclose the formation costs as listed. Your
ryangroup-UK/library/appform2
Business Legal Limited - company formation, registration and
our LLP faq page private limited company, Vat registration the shelf company, aspects
of Company/Commercial/Employment do is complete the Application and e
prUK/mjf/ - 1
BusinessLegal Limited - company formation, registration and
3. What is the difference between a limited liability partnership and
a limited company? 4. Who can a limited liability partnership?
Should you a Limited Company
Limited liability partnership • Limited company We are often asked, 'Should
I a Limited Company?' The reality is that there is no easy answer.
tax =adviser-UK
PLC - Public Limited Companies
Public Limited Company, natalie w, 4, 278, October 7th, 2003, 2:11pm by Raph. public
limited company, Shabana, 2, 131, April 14th, 2003, 10:51am by BEATRIZ DA SILVA.
bizbotix/asu LTD - Private Limited Companies
Partnership or private limited company, 2, 158,
UK Limited Company FormationsONLY £33.99, Offshore Companies
We your company as a Private UK, Scotland Company Limited by shares with a
unique name of your choosing and we supply all of the following documents:-.
eacbs.
[PDF] Guidance: Forming a Limited Company
by shares, or a private company limited by guarantee requirements • Whether the
proposed company name is and registered office (10) • Memorandum of
/download/Form%20Ltd
[PDF] Guidance: Should You a Limited Company?
Number 294 Director: Paul RFCCA Secretary: RE Garbett E-Mail: Office garbetts
gs Guidance: Should You a Limited Company?
gs/download/Should%20you%20Ltd
Limited - Company Controller and Statutory Forms Version
click the relevant button available the navigation related data from the Company
data files site is protected by Copyright © 1996 - 2002 Seproft Limited.
s-UK/products/Company_Controller/ company_controller - 1
[PDF] SHOULD YOU A LIMITED COMPANY?
Page 1. S HOULD YOU A LIMITED COMPANY ? I NTRODUCTION :KHQ HVWDEOLVKLQJ D EXVLQHVV LW LV LPSRUWDQW WR FRQVLGHU WKH EHVW WUDGLQJ
-neylan-UK/Factsheet/ Should%20You%20Form%20a%20Limited%20Company
[PDF] NNDR Occupation for Limited Company
File Format: PDF/Adobe Acrobat
ref WN/CNO2 Full name of Limited Company Address for bill Registered Office
Registration Number Telephone Number Directors Names Home Address of Leading
nelincs.gov-UK/NR/rdonlyres/714473CB-E515-48DB-8B63-8FF7CE4B246A/ 0/ctndr02
ITIP EMPLOYERS REGISTRATION A LIMITED COMPANY
ITIP EMPLOYERS REGISTRATION A LIMITED COMPANY Full Name of Company *Registered
Office Address Telephone Number Type of Business *Trading Address FOR
im/treasury/income_tax/pdfs/t30a
Online company registration - Limited Company Formations also
287. This must be filled with information relevant to the
company and registered or official business address. The address
uk-company-registration-UK/online_help - 1
new producers alliance - a limited company
of Association, Articles of Association, 10 and 12. in the future), (4)
that the liability of members is limited and (5) the company's nominal share
npa-UK/npamain/mainresources/ npa_faq_limitedcompany - 1
UK Limited Companies, Bank Accounts, Domains
A UK Limited Company, Domain Name Online.
comp-form-UK/Limited_Company_Formation -
Small Limited Company Formation
has set its foot firmly in the UK small limited company formation market by offering
a free service for those wanting to their own small limited company.
no-worries-UK/ -
Small Limited Company Formation
to forming your own small limited company. select a company name. create your memorandum
of association. create your articles of association. create the 10.
no-worries-UK/site-map - 1
no-worries-UK
Setting up a Limited Company
limited by shares, or a private company limited by guarantee; capital requirements;
Whether the proposed company name is secretary, and registered office (10
thetaxbureau-UK/content/ forums_bus_startup/setup -
Business Adviser - Limited Companies
Should You a Limited Company. Limited company. We are often asked, 'Should
I a Limited Company?' The reality is that there is no easy answer.
thetaxbureau-UK/content/ forums_bus_startup/limco -
A Guide to Forming A Limited Company
by shares or a private company limited by guarantee Whether the proposed company name
is available and first directors, secretary and registered office (10
teesvalleybusiness-UK/Business_Info/ forming_a_limited_company - 5
A Guide to - Should You a Limited Company?
Photo Video Works For Media Training Presentations and Video's - Photo Works
can't be beaten. A Guide to - Should You a Limited Company?
teesvalleybusiness-UK/Business_Info/ sh ould_you_form_a_limited_company -
Factoring for Limited Company - FREE Factoring for Limited
Complete and submit the quick Factoring for Limited Company and ONE of AskNelson's
specialist Factoring for Limited Company advertisers will contact you
asknelson-UK/factoring_limited_company -
FRESHeFUTURE A Guide to setting up a Limited Company in the UK
1- Limited by shares. 2- Its Memorandum of Association states that it is a public
company. 3- A minimum of two members are required to the company, ie two
freshefuture-UK/BizTypeLtd - 1
private limited companies
Private Limited Company Formation Private limited companies are the most to do is
check that your company name hasn and complete the details on the order form.
companyformationagent/limited%companies -
UK limited company - Order ONLINE from Interactive Formations.
Please complete this in full to order your UK limited company from
Interactive Formations. NB. ORDER FORM. Proposed company name: Limited.
secure.wsa/dsinteractive/ formations/orderfm -
NanniPay Limited
Upon receipt of the online registration we will send you Companies House forms
for the appointment of directors, an application for an Company Name.
accountancygroup/nannionline_enquiry - 5
NanniPay Limited
As soon as we receive the Limited Company Registration and confirmation of the
Company name we can check with Companies House to make sure another company
accountancygroup/nanniltd -
accountancygroup
Business Adviser - Limited Companies
Should You a Limited Company. Limited company. We are often asked, 'Should
I a Limited Company?' The reality is that there is no easy answer.
practiceweb-UK/content/ forums_bus_startup/limco -
Bryson Limited - Company Information
This page gives background information on Bryson Limited and shows the various
ways you can get in touch. You can also use the Feedback if you have
bryson.ltd-UK/contact t UK Limited Company Formations registration agents
A UK LIMITED COMPANY IN A NAME OF YOUR CHOICE. You choose a name for
your own limited company. Free Companies Housename checking service.
uk companyformation Standard UK.Limited Company online order form
Midlands Company Services Limited. Standard UK.Limited Company online
order form.
Limited-Company-Formation
