November 30, 2009

Companies Act 2006 has Simplified Managing a Small Business. Discuss

Writing about web page http://business2dot0.com/blog

1 October 2009 saw the change over to the new Companies Act 2006 forms for filing at Companies House. I recently tried the secure electronic WebFiling service to submit my Annual Return.

Everything seemed to be straight forward. New names for a start – AR01 rather than the more cryptic “363a”, not to mention the saving of £15 on the filing fee.

But then the neighbours heard me shout something similar to

What the heck does Prescribed Particulars (of rights attached to shares) mean?

Companies House don’t provide many clues, and a search through accounting forums to find a model answer that actually means something in English was a quite a challenge! So one for the Warwick Business School perhaps?

I suspect there is still some distance to go to really simplify small business.

Grant’s Rant © 2009


- One comment Not publicly viewable

  1. kat9797

    http://www.companieshouse.gov.uk/companiesAct/faq.shtml follow this url for the answer…

    01 Dec 2009, 10:11


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