Can I pass on some advice to any other ignorant people like me re the 2006 Companies Act?
Just had a filed set of (a small) limited company accounts returned by Companies House as "unacceptable" because the "Accounting Statements provided made no reference to the 2006 Act". My standard wording which I have used for years of course is now no longer acceptable for accounting periods commencing on or after 6 April 2008. The accounts in question were for the year ending 30 April 2009 (therefore commencing on 1 May 2008, ie after 6 April 2008), and my client will now be subject to a late filing penalty! So not only do we now have to get these in a month sooner, we've also got to watch the wording! Life gets more & more difficult...!
This new regime will of course apply to the popular 31 March 2010 year end coming up, so WATCH OUT!
The appropriate wording can be found on the Companies House website if you put in a search for "Accounting statements" or something similar. It's not the easiest detail to find, and why didn't my beloved Institute draw my attention more strongly to this...? What do I pay my subscription for? Or is this a subtle way to get more in fines and penalties into the coffers.....ie bring the filing date forward by a month AND make them change the wording, but don't make it too obvious...!! (Also, let's force them all to file everything on-line with some new, unknown computer language called ixbrl, or whatever.....)