Filing B1 Annual Return 6 Months After Starting Ltd Company, Few Questions...

optimusgrime

Hello,

I have to file a B1 return for a Ltd company I set up last October.

The company is not trading, I have spent small sums of money on company formation, registered address etc but no money has come in and wont be for the next few months.

I'm in the process of filing in the B1 form online, I know you do not need to submit accounts with the first annual return but I'm wondering what, if anything I need to submit along with the form.

The CORE website lists the following:

Please tick which attachments you will be including. All attachments need to be printed and sent with the signature page

Balance sheet S128 Companies Act 1963 [CA 63]; S7 and S18 Companies (Amendment) Act 1986 [CAA 86]
Profit and Loss Account S7 and S18 CAA 86
Notes to the Accounts Schedule of CAA 86
Directors Report S.128 CA 63; S.7 and S.18 CAA 86
Auditors Report S.128 CA 63; S.7 and S.18 CA 86
Special Auditor's Report (for companies who previously did not file accounts)
Overall Certification
Guarantee by parent undertaking the liabilities of subsidiary undertakin S17 CAA 86 (as amended)
Declaration of consent by shareholders of subsidiary to exemption S17 CAA 86 (as amended)
Notification to shareholders of guarantee S17 CAA 86 (as amended)
Note stating company has availed of exemptions in S17 CAA 86 (as amended)
Reg 39 E.C. (Companies: Group Accounts) Regulations 1992
Reg 7 E.C. (Credit Institutions: Accounts) Regulations 1992
Reg 7 E.C. (Accounts) Regulations 1993
Reg 5, 17 E.C. (Insurance Undertakings: Accounts) Regulations 1996
Section 43 Bond
Form B73 Nomination of new ARD

As I say, my business is not yet trading so, I'm guessing none of these are needed?

Any advice would be much appreciated.

Thanks

spadesaspade

Hi
think you will have to send in whats called a nil set of accounts

dbran

Hi

None of these are needed.

Just send in signed signature page alone.

kind regards

dbran

optimusgrime

dbran wrote: »

Hi

None of these are needed.

Just send in signed signature page alone.

kind regards

dbran

Ok, so i should just send it in without any of the above?

Thanks

Niall_G

As Dbran says, just the signature page, none of the other attachments. Re your comment on not having traded though - you do not need to submit accounts with the first return (ie this one) but will next year, whether you have traded or not.

Daniq

Dear Friends
With our corporate annual first return-we didn,t needs to submit accounts (this was only one time) but this second year, whether we have traded or not the annual return needs to be sumbitted together with audited accounts.
I will ask you please explain me what exactly means by that the annual return needs to be sumbitted together with audited accounts
because I don,t understood what is the audited accounts
Thank you in advance

HellFireClub

Hi OP, first of all, you only need to file a B1 form for the 6 month return. Your next annual return will be 12 months from the date that your 6 month return was due.

If you are doing your B1 online, it is very difficult form to fill out using core.ie, the way it has been set up is appalling. When I was doing mine, I came close to throwing the laptop out the window, (and I'm a developer and obviously highly IT literate!), in the end I had to call the IT helpline in the CRO because basically the online B1 form has been designed so poorly that you haven't a hope of getting it filled out properly without being guided through it.

It is a mad state of affairs when a form that was meant to automate a business function such as filing a B1, ended up being so poorly designed, that you need an IT person there to hold your hand while you are working on it, but sure that's PS efficiency and performance for you.

emerald007

The Total Number Of Shares Issued (A) + (B) 1000 Does Not Agree With The Sum Of The Shares Issued For All Cash (A) And Not All Cash (B) 0.

Can anybody confirm on what section of the online B1 form the All Cash and Not All Cash values can be added.

CitizenKeane

Hi,

I'm filling out my B1 at the moment. It's the first B1 (6 months after incorporation).
I know I don't need to file any accounts, but can someone let me know if I need to complete the share capital section, particularly the 'Shares issued' section, which doesn't make much sense to me unfortunately?

CitizenKeane

CitizenKeane wrote: »

Hi,

I'm filling out my B1 at the moment. It's the first B1 (6 months after incorporation).
I know I don't need to file any accounts, but can someone let me know if I need to complete the share capital section, particularly the 'Shares issued' section, which doesn't make much sense to me unfortunately?

Actually, a bit more googling and I found all I needed to know on askaboutmoney: http://www.askaboutmoney.com/showthread.php?t=82485