If you run a UK limited company, annual accounts and a confirmation statement are two separate Companies House filing requirements.

The simplest difference is:

Annual accounts report your company's financial information, while a confirmation statement confirms that key information Companies House holds about your company is accurate and up to date.

Most companies need to deal with both, and filing one does not replace the other.

What Are Annual Accounts?

Annual accounts provide financial information about a limited company for a particular accounting period.

Depending on the company and the reporting requirements that apply, the accounts can contain information such as:

  • Balance sheet
  • Profit and loss account
  • Notes to the accounts
  • Directors' report, where required
  • Auditor's report, where required

The exact documents required depend on factors such as the company's size and whether it qualifies for particular reporting exemptions.

Annual accounts are primarily about the financial position and performance of the company.

What Is a Confirmation Statement?

A confirmation statement is used to confirm that important information held by Companies House about your company is correct.

It is not a set of financial statements.

Information reviewed or reported through the confirmation statement process can include:

  • SIC codes
  • Shareholder information
  • Statement of capital
  • Trading status of shares
  • Registered email address
  • Other required company information

You should also make sure information about directors, the registered office and People with Significant Control (PSCs) is correct, although certain changes need to be reported separately rather than through the confirmation statement itself.

Annual Accounts vs Confirmation Statement

Here is a simple comparison:

Annual AccountsConfirmation StatementFocus on financial informationFocuses on company informationUsually filed annuallyMust generally be filed at least every 12 monthsCovers an accounting periodCovers a confirmation statement review periodCan include a balance sheet and profit and loss informationCan include SIC codes, shareholders and share capitalHas its own filing deadlineHas a separate filing deadlineRequired for dormant companies in an appropriate formRequired for dormant companiesLate filing can result in penaltiesFailure to file can result in enforcement actionDoes not replace a confirmation statementDoes not replace annual accounts

Do I Need to File Both?

For most UK limited companies, yes.

Companies generally have an obligation to file annual accounts and a separate obligation to file confirmation statements.

Even if both filings are due around a similar time, they remain separate.

For example, submitting your annual accounts does not mean that Companies House automatically treats your confirmation statement as filed.

Likewise, filing a confirmation statement does not satisfy your annual accounts requirement.

Are the Deadlines the Same?

No.

Annual accounts and confirmation statements have separate filing deadlines.

For annual accounts, the deadline depends on factors such as whether you are filing your company's first accounts and the company's accounting reference date.

For a confirmation statement, the company has a review period and must generally file at least one confirmation statement every 12 months.

Because these dates can be different, company directors should monitor both deadlines separately.

What Information Is Included in Annual Accounts?

Annual accounts are concerned with the company's finances.

Depending on the reporting requirements applying to the company, they may contain:

Balance Sheet

The balance sheet provides information about the company's assets, liabilities and financial position at the end of the accounting period.

Profit and Loss Account

The profit and loss account shows financial performance over the accounting period, including income and expenses.

Whether particular information is publicly filed can depend on the company's size and the reporting rules or exemptions that apply.

Notes to the Accounts

Notes provide additional information explaining figures and accounting policies used in preparing the accounts.

Directors' Report

Certain companies may need to include a directors' report, although exemptions can apply.

What Information Is Included in a Confirmation Statement?

The confirmation statement is primarily concerned with the company's registered corporate information rather than its finances.

Depending on your company, you may need to review information relating to:

  • Registered office
  • Registered email address
  • Directors
  • People with Significant Control
  • SIC codes
  • Shareholders
  • Share capital
  • Share classes
  • Trading status of shares

Not all of these details can necessarily be changed through the confirmation statement. Some changes require a separate Companies House filing.

Do Dormant Companies Need Both?

Generally, yes.

A dormant company normally still has Companies House filing responsibilities.

An eligible dormant company may be able to submit simplified dormant company accounts, but it must generally also continue filing confirmation statements while it remains registered.

This is important because simply stopping trading does not mean you can stop filing with Companies House.

Are Annual Accounts the Same as a Company Tax Return?

No.

There are actually several different compliance requirements that company owners can encounter:

Annual accounts are financial statements prepared for the company and filed with Companies House where required.

A Company Tax Return is submitted to HMRC for Corporation Tax purposes.

A confirmation statement is submitted to Companies House to confirm the company's registered information.

Although some information may overlap, these are separate requirements.

What Happens If Annual Accounts Are Late?

Companies House can impose automatic late-filing penalties when company accounts are submitted after the deadline.

The amount can increase depending on how late the accounts are, and penalties can be doubled where accounts are filed late in two successive financial years.

Persistent failure to file can also lead to further enforcement action.

What Happens If a Confirmation Statement Is Late?

Failure to file a confirmation statement can also have serious consequences.

Companies House may take enforcement action, and continued failure to comply can potentially lead to the company being struck off the register.

Directors should therefore treat both accounts and confirmation statement deadlines as important compliance dates.

Can My Accountant File Both?

Yes.

Many businesses appoint an accountant or company agent to handle annual accounts and confirmation statements.

However, directors remain responsible for ensuring that the company meets its legal obligations and that information submitted to Companies House is accurate.

Even when using an accountant, it is sensible to monitor your company's filing deadlines yourself.

How Can I Check My Deadlines?

You can search for your company using the official Companies House register.

Your company's public record normally displays information including:

  • Accounts filing information
  • Confirmation statement information
  • Filing history
  • Company status

Checking your Companies House record periodically is a simple way to identify upcoming or overdue filings.

Annual Accounts and Confirmation Statement Checklist

For your annual accounts:

  • Check your accounting reference date
  • Prepare the appropriate accounts
  • Review financial information
  • Obtain any necessary approvals
  • File the accounts by the deadline
  • Keep copies for your records

For your confirmation statement:

  • Check the review period
  • Review your registered company information
  • Check directors and PSC information
  • Review SIC codes
  • Check shareholders and share capital
  • Make any necessary company updates
  • Complete applicable identity-verification requirements
  • File the confirmation statement on time

Frequently Asked Questions

Are annual accounts and a confirmation statement the same thing?

No. Annual accounts report financial information, while the confirmation statement confirms key registered information about the company.

Do I need to file both every year?

Most UK limited companies need to deal with both annual accounts and confirmation statements, although the exact requirements can depend on the company.

Does filing my accounts automatically file my confirmation statement?

No. They are separate Companies House filings.

Does a confirmation statement show my profit?

No. A confirmation statement is not designed to report the company's profit or loss.

Can my accountant file both?

Yes. Accountants commonly assist companies with both filings.

Does a dormant company need both?

Generally, yes. Dormant companies usually still file appropriate accounts and confirmation statements while they remain registered.

Final Thoughts

The difference between annual accounts and a confirmation statement is relatively simple:

Annual accounts tell Companies House about your company's finances, while the confirmation statement confirms key information about the company's structure, ownership and activities.

Both form part of the ongoing responsibilities of running a UK limited company, but they have different purposes and different deadlines.

Keeping track of both can help your company remain compliant and avoid unnecessary filing problems.

Because Companies House requirements can change, always check the latest official guidance for your company's circumstances.

Official guidance: Running a limited company – annual accounts and confirmation statements

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