Summary Business Law and Practice - Changing accounting reference date

Changing Accounting Reference Date
(WS4)

 Understand the facts:
 Who is the Company?
 When was the Company formed?
 What is the Articles of Association? Formed under 2006 or 1985 CA? Unamended
or Amended Articles of Association? Are there are Special Articles? What do the
Special Articles say?
 What are they planning to? Likely to change accounting reference date.
 Statutory books – confirmation of company name, company number, registered
address. How many shareholders and directors are there and how many shares do
they hold? E.g. There are 2 directors and 3 shareholders (each holding 1,000 shares
– ordinary £1 share)
 How many shares in existence? E.g. 3,000 – 1,000 to each 3 members

 Example – “we’ve decided to extend our accounting reference date from the end of the
calendar year to 31 March” (change accounting reference date – from 31st Dec to 31st
March = 15 months)

 Changing the accounting reference date of a private limited company.
 If company wish to change date, then must file a Form AA01 – change of accounting
reference date with the Registrar of Companies at Companies House – s392 CA
2006. This form can be sent at any time, but the new accounting reference date only
takes effect once the Registrar receives the form




 Points to note when completing the form:
 Company number – 0 at the start.
 Signature = director or secretary or solicitor
 Director – most likely will use the companies registered address
 Presenters details = if solicitor signing then theirs. If director is signing then it
will be the directors details.