On 27 June, new temporary regulations were published by Companies House.
The regulations published by Companies House are designed to relieve some of the immediate administrative burden on companies due to the coronavirus (COVID-19) outbreak.
Filing statutory accounts
Directors and business owners will be aware that private limited companies are required to file statutory accounts with Companies House within nine months of its financial year end, or a penalty will be incurred. Under the temporary regulations, if the company’s existing deadline falls between 27 June 2020 and 5 April 2021, the deadline will automatically be extended by 3 months. This is a change from previous announcements which indicated you had to apply for this extension. However, whilst this automatic 3 month extension will apply to those companies that had already applied for a 3 month extension, it will only apply to the company’s original filing deadline and will not extend from the company’s new deadline.
Filing a confirmation statement
The deadline for filing a confirmation statement (the statement delivered to Companies House confirming certain changes, including to the company’s share capital and details of its shareholders) has been extended from 14 days to 42 days from the end of the company’s review period. The review period is the 12 month period from the date of the company’s previous filed confirmation statement.
The period permitted to register charges at Companies House for charges created after 6 June 2020 has automatically been extended from 21 days to 31 days, beginning the day after the charge was created.
Extension for other Companies House filings
Companies have been granted additional time to file details of certain events, such as changes to director’s details, changes to PSC details and changes to the company’s registered office address, so companies now have 42 days to file this information.
For more information please contact Trethowans’ Corporate team on 0800 2800 421 or contact us here.