Publication of information

Question 1

Company searches can be made…

Answer 1

On payment of a prescribed fee in return for which copies of the documents on the company’s fine are supplied electronically, on a CD or as a hard copy

Question 2

The information available by making a search include the following: (9)

Answer 2

• Memorandum and Articles of Association
• particulars of the directors and secretary
• the number and amount of shares allotted
• changes in the nominal capital
• details of all special resolutions
• particulars of charges required to be registered under CA 2006
• particulars of the address of the registered office
• the confirmation statement
• copy accounts

Question 3

The Registrar must cause to be published in the Gazette notice of the issue or receipt of the following: (9)

Answer 3

• a certificate of incorporation/change of name
• a document evidencing an alteration in the memorandum or articles
• a notification of a change in the directors
• a copy of the annual accounts
• a notification of a change in the registered office address
• a copy of a winding up order
• a copy of any order for the dissolution of a company on a winding up
• a return by a liquidator of the final meeting of a company on a winding up
• certain other documents in relation to public companies only

Question 4

Every company must deliver every 12 months a…

Answer 4

Confirmation statement

Question 5

Every company must keep accounting records sufficient to…

Answer 5

Show and explain its transactions

Question 6

As regards the accounts, every company must prepare… (2)

Answer 6

• a profit and loss and account for each of its accounting reference period
• a balance sheet showing its assets and liabilities as at the accounting reference date in each year

Question 7

Required form and content of accounts (4)

Answer 7

• its profit and loss account
• its balance sheet
• an auditor’s report
• a directors’ report

Question 8

If the accounts requirements are not complied with, the directors are liable to…

Answer 8

A fine and, for continued contravention, a daily default fine

Question 9

A small company is a company which, for the financial year in respect of which modified accounts are submitted and for the previous financial year satisfies at least 2 of the following conditions:

Answer 9

• turnover was not more than 10.2m
• balance sheet total (i.e. net assets) was not more than 5.1m
• number of employees was not more than 50

Question 10

What can small companies do?

Answer 10

Submit a full balance sheet and an abbreviated profit and loss account

Question 11

If the accounts are not reasonably accurate…

Answer 11

Every officer of the company who is in default is potentially criminally liable unless they can show that they acted honestly and the default was excusable

Question 12

s19 Theft Act 1968 - it is a criminal offence for an officer of a company…

Answer 12

To publish a written statement or account which they know may be materially false or misleading if they do so with intent to deceive members or creditors

Question 13

A company which fails to file its annual return and accounts is liable to be…

Answer 13

Struck off

Question 14

What statutory registers is a private limited company required to keep? (4)

Answer 14

• a register of members
• a register of directors
• a register of directors’ residential addresses
• a register of charges

Question 15

What does Part 21A CA 2006 require UK incorporated companies to keep?

Answer 15

A public register of people with significant control

Question 16

What is the intention of CA 2006 as regards electronic information?

Answer 16

That companies should, subject to shareholder approval, be able to default to using electronic communications with individuals regaining the right to receive information by paper if they wish