Annual Return to cro with unaudited accounts

sorifin

Hi all, my first post here and I'm looking for advice on our return to the cro. This will be our first return with accounts attached and although I'm late filing I haven't gone over the threshold of 28 days just yet.

My questions are as follows:

What should I put in the directors report?

I have put a list of directors.
principle activity and business review (2 lines)
results and dividends
books of accounts stating they are unaudited and presented to the board (my husband and I) at our agm on 5/8/2009
statement of directors responsibilities for the financial statements

Is that too much or not enough?

Do I need to state anywhere how we depreciate our assets and how we valued our assets?

How do I know if I should put in an abridged companies acts individual accounts?

What type of notes would the cro be looking for, for the accounts?

I only have 2 days left and I am at a complete loss as to how to do any of this really.

Kind regards.

jnh

if you file your b1 on line you have another 28 days from the date you file the b1 to file accounts together with a signature page. in essence you have 28 days after ARD to file b1 on line then a further 28 days to file accounts. this will give you the additional time required. pm me if your stuck.

sorifin

Many thanks for that. I've registered with Core and will submit the b1 this evening which will give me more time to figure out the jargon on the notes.

Thanks again!

N

viztopia

if you are looking for details of what you should include in the abridged accounts you could download a copy of accounts for a similar company from the CRO website. this would cost €2.50. you could also look at the cro website which includes details of what should be included with the annual return

sorifin

Hi Viz

I've found a template for how to present my directors report which includes a Balance Sheet (abridged) template. I am assuming therefore that I should send in an abridged BS.

With the extra 28 days grace now given due to me (hopefully) filing on line I can read up more about it (again, hopefully)

Thanks

N

Bobby1984

sorifin wrote: »

Hi Viz

I've found a template for how to present my directors report which includes a Balance Sheet (abridged) template. I am assuming therefore that I should send in an abridged BS.

With the extra 28 days grace now given due to me (hopefully) filing on line I can read up more about it (again, hopefully)

Thanks

N

Hey Sorifin

Just registered on boards to give a response so ya should be honoured ha ha

If your company is a small company (turnover < 1.9m, balance sheet < 3.81m and employees < 50) it is entitled to file abridged accounts. Make sure though that the the template balance sheet which you have includes a note that the company




“have relied on the specific exemptions contained in sections 10 and 12 of the Companies (Amendment) Act 1986

on the grounds that the company is entitled to the benefits of those exemptions as a small company”.


The CRO have a pretty good website which tells you what is required to be filed.

As a side note best of luck to all FAE'ers who finished exams last week. Fingers crossed for November.

tbabit

Download a trial copy of the program below, it allows you to make 100 entries which will be sufficient for you. Once you enter the required information it will generate reports for you, full accounts, abridged accounts, revenue menus etc.

http://thesaurus.ie/SolutionsPlus.aspx