Need some help regarding cro

robseven

I am a director of a company which never really took. The main concept didnt take of but I did do some trading about 10000 with a loss of 700 I did file the first accounts, however never filed after that the vat was not filled but was accounted for which turned out to be +20p(have records) I have 2 years after with no trading and no filling I am not an account but did keep everything i.e purchase day book sales day book expense account etc. I need to file everything now as recieved a letter that it has to be done in 8 weeks. I am willing to pay late fees but wouldnt be in the position straight away. Hoping this all makes sense and someone out there can help with advise of next steps. Or what anyone did in same postion

gabigeist

http://www.cro.ie/ena/business-termination-voluntary.aspx

Link above to voluntary strike-off information. I did something similar myself just by following the advice on the cro website. Voluntary strike off is necessary as it will keeps your name clean and allows you to be a director again in the future. I have no idea about late fees but I would suggest ringing whoever sent you the letter. They are very helpful as they are not out to get you and would prefer if you cleared things up as it gets it off their desk.
One word of advice is that it takes time so start immediately. Follow the exact procedures as if you do the steps out of order, you may waste time/money.
Pick a cheap national paper to advertise (tabloid) and keep copies of everything. These are allowable expenses I believe (I realise you made a loss but never hurts to have back-up).

If it is too much, then get a specialist firm to do it for you for a fee. Good luck!

Snowdrop

Without more specific information, it is difficult to advise you. I do accounts,and if you want to PM me in more detail, I can advise you better.

However I would presume that you have lost your audit exemption and need to go to an auditor.

information

robseven wrote: »

I am a director of a company which never really took. The main concept didnt take of but I did do some trading about 10000 with a loss of 700 I did file the first accounts, however never filed after that the vat was not filled but was accounted for which turned out to be +20p(have records) I have 2 years after with no trading and no filling I am not an account but did keep everything i.e purchase day book sales day book expense account etc. I need to file everything now as recieved a letter that it has to be done in 8 weeks. I am willing to pay late fees but wouldnt be in the position straight away. Hoping this all makes sense and someone out there can help with advise of next steps. Or what anyone did in same postion

You will need to get the 2 years accounts audited cost € 2k
Late Fees and CRO fees € 500
Close down the company CRO fee + advertising costs € 500

So this is going to cost you around € 3k

robseven

Thanks for the reply guys I have been on to CRO going to get the accounts up to date pay them of and strike of the company. Bit of a pain in the arse it will cost me so much and I didnt make any money. You learn by your mistakes!! Sure will be giving it a bash with another business next year no doubt hopefully with better outcome and bettet accounting skills:D!! Also first time using boards.ie or anything like it pretty cool!!

robseven

Sorry me again. Anyone know anyone who could audit these accounts for less then informations 2k its only one year with about 10 transactions and an expense account. So if anyone out there knows someone or can do this audit and final account themselves let me know.