Hi everyone,
looking for a little help here friends of aweb. we have a client who we have taken on that had incorrect share capital in their 2016 accounts. 2015 showed no capital. apparently 8 £1 shares issued none paid. 2016 showed 100 £1 shares in error. they wrote to us as the new accountant and the directors stating they had written about this previously (nothing received) so second letter was threatening legal action. to get this resolved quickly we amended 2016 accounts, got them signed and delivered them personally to co house. they promptly lost them. now having complained, they have miraculously found them but have rejected them on the basis that the 2015 comparatives had zero share capital. I explained we have made the changes to 2016 as requested, but the comparative accurately reflects what was filed in the previous year and accepted. I am very reluctant to go back to the client, and feel companies house are being unreasonable as they only specified 2016 share capital in their letter. it seems pedantic in the extreme. any advice on this greatly appreciated
Replies (8)
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Ignoring the rights and wrongs of what has or hasn't happened - how hard is it to amend the 2015 comparatives, online file the now correct 2016 accounts and move on?
Ignoring the rights and wrongs of what has or hasn't happened - how hard is it to amend the 2015 comparatives, online file the now correct 2016 accounts and move on?
Agree pedantic or not easier just to fix and move on
Unfortunately you have no choice under s 1093 Companies Act 2006. If you do not respond then this is a "failure to comply" and penalties will be charged against which there will be no appeal (if levied you could try but you wont get anywhere)
As i say, not so easy to fix. can't file online, only on paper directors all over the UK or out of the country very regularly so can't get an amended set signed easily.
Royal Mail are still operating.
Or you can have a lengthy "discussion" with CoHo, which you'll probably lose.
Come on - surely they can have a telephone meeting to approve the accounts and get one of the directors to sign a paper copy.
It's not as hard as you make out.
£8 of share capital in a prior year to have comparatives that don't agree with the previous years accounts.
In fairness, the idea of comparatives is that they're comparable with the current year. Not that they're last year's figures.
There should be thousands of micro accounts being filed at present which show different comparatives to last year's accounts.
Sure - it's nitpicking but, at the end of the day, it's the directors' problem. Who's minding the shop while everyone's out of the UK? Can someone who's actually in the UK be appointed as a director to deal with this?
This is supposed to be the 21st century where everyone's connected to everyone else 24/7.
I have teenage children. They also whine about how hard stuff is. It isn't, so I ignore them.