Annual Accounts & Audit

PLEASE BE AWARE THAT THE ECONOMIC CRIME & CORPORATE TRANSPARENCY ACT 2023 IS IN THE PROCESS OF BEING IMPLEMENTED AND WILL CHANGE MANY OF THE TEMPLATES BELOW. WE ARE CURRENTLY REVIEWING AND UPDATING ALL RELEVANT TEMPLATES. 

The Annual Accounts & Audit sub-folder details the legal stipulations governing accounting and audit requirements for private companies under the Companies Act 2006. It provides a summary guidance note and a range of template documents, including board minutes and shareholder resolutions for use by finance directors and company secretaries in preparing the accounts and dealing with auditors. 

Companies are expressly required by law to keep “adequate accounting records” which are “sufficient to show and explain the company’s transactions”. This in practice means that private companies must prepare and file annual accounts, with non-compliance being a criminal offence. This sub-folder includes a guidance note which is a practical “how to” guide for company secretaries and finance directors in relation to the preparation and distribution of the annual accounts. The guidance note also considers the accounting and audit exemptions available to small and micro companies, audit requirements more generally and the process of appointing, removing or replacing an auditor. There is also a collection of board minutes, resolutions, notices and letters in relation to auditors and audit exemptions under the Companies Act 2006.

Each document in the Annual Accounts and Audit sub-folder is compliant with the Companies Act 2006.

• Guidance Note: Accounts & Audit
• CHF - AA01 - Change Of Accounting Reference Date
• Board Minutes – Approval of Statutory Accounts
• Shareholders’ Special Resolution - Amendment to Articles of Association
• Shareholders’ Audit Request Letter
• Shareholders’ Ordinary Resolution – Appointment of Auditors
• Shareholders’ Ordinary Resolution – Removal of Auditors and Replacement
• Special notice of resolution to remove auditors
• General Meeting Notice to Remove an Auditor
• General Meeting Minutes to Remove Auditor
• Auditor’s Resignation Letter
• Board Minutes - Resignation of Auditors
• Written Notice of Members Agreeing to Audit Exemption (s.479A CA 2006)
• Board Minutes for a subsidiary company claiming an audit exemption (s.479A Companies Act 2006)
• CHF AA06 Statement of guarantee by a parent undertaking of a subsidiary company (s.479A & 479C Companies Act 2006)

Annual Accounts & Audit is part of Corporate Documents. Just £35.00 + VAT provides unlimited downloads from Corporate Documents for 1 year.