Question

Confirmation statement vs annual accounts — what's the actual difference?

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I keep mixing these two up and it's stressing me out. My limited company has to file a confirmation statement AND annual accounts every year, and honestly I'm not clear on why both are needed or what the difference is.

Can someone explain in plain terms what each one actually covers? Is the confirmation statement just confirming the company details are right, while the accounts show the financials? And what are the deadlines for each — I don't want to get caught out by a late filing penalty. I'm a one-person consultancy and this is my second year trading, so I'm still learning how all the Companies House obligations fit together.

 

1 Answer

The confirmation statement and annual accounts are two completely different filings to Companies House — here's the distinction.

 

The confirmation statement confirms that the information Companies House holds about your company is still correct: registered office, directors, statement of capital and shareholder information, SIC code, and people with significant control. It's filed at least every 12 months, costs £50 online (£110 by post), and contains no financial figures — it's a snapshot of who owns and runs the company.

 

The annual accounts (statutory accounts) show how the company performed financially: balance sheet, profit and loss, notes, and a director's report. They're prepared from your financial records at year end and must be filed with Companies House within 9 months of your accounting reference date. Miss that deadline and penalties start at £150, rising to £1,500 for over six months late, doubled if you're late two years in a row.

 

On top of both: your Company Tax Return goes to HMRC, separately from Companies House, with the full accounts attached.

 

Think of it this way: the confirmation statement tells the world who runs and owns the company; the accounts tell the world how much money it made and lost. Both are mandatory every year.

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