Company with year end 30 November 2011. Last accounts filed to 30 November 2010 and next accounts prepared for 13 months to 31 December 2011 however no form filed as yet to change ARD, so company cannot extend ARD now. Would it be OK to file figures to 31 December 2011 as the 30 November 2011 instead of preparing a balance sheet to 30 November 2011?
Not an ideal situation.................but there may not be many interested parties in the filed accounts in any case.
Thoughts?
Replies (9)
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No
ARD has not been changed hence you need to do accounts till November 2011.
If you are suggesting to use the figures up to 31 December 2011 to use in the Nov-11 accounts - now that would be wrong.
If you did that with Cos House what would you file with HMRC?? They'll be expecting a/cs to 30/11/11
ARD
I woud prepare,and file with both HMRC and Cos House, accounts to 30/11/11. Accounts can be drawn up to a date 7 days either side of the ARD
Doesn't matter what HMRC are expecting
You can just file the new AP with HMRC and it will supersede the AP they were expecting.
But no need, Monsoon
As noted, accounts can still be drawn up to 30 Nov. Other than the change of ARD form filed with Cos House, there is no practical effect in shortening ARD by 1 day (other than to extend the accounts filing deadline by up to 3 months).
Would it be OK to file
Would it be OK to file figures to 31 December 2011 as the 30 November 2011 instead
Perhaps I'm missing something in interpretation of the above I understood the OP said that he was filing accounts prepared for 13 months to 31/12/11 with a date that says they are 30/11/11.
How can that be correct. Look at the accountants report you're signing regarding true & fair view .............at the end of the year..........for the financial year.
Also the balance sheet report you'll ask a director to sign
Please tell me I've misinterpreted the OP
Companies House will reject the accounts if you submit them with a balance sheet date of 31 December when they are expecting accounts to be drawn up to 30 Nov ... unless you are proposing to ask the client to sign accounts which say they are made up to 30 November when in reality they are as at 31st December ??
Work out the November transactions and adjust the balance sheet so you have a 30 November year end position and submit these to Companies House.
For HMRC you can use the 13 months accounts you've already drawn up, you'll need to submit 2 CT600's as the CT600 period can be no longer than twelve months.
Then send in the form to change the year end date at Companies House so the two are aligned for next year.
Change next period
I have experienced a similar problem where the paper change of acc date form was list in the post.
Companies House advised me to shorten the next AP eg make 30/11/12 finish 31/12/11 and then you can file in time for that period.
Technically there will be a missing period of accounts showing on record (30/11/11) but as the record is up to date with a later set, no penalty will be charged.
If anybody complains and requests a copy of the missing accounts, you would then have to prepare to 30/11/11 but this is very unlikely!