ABSTRACT
Time period for
registration and form to
be completed
Within one month of
allotment file Form 88(2) or Form 88(3)
where details of the contract
pursuant to which the shares were
allotted is not reduced to
writing
Within 28 days of the first
anniversary of incorporation or the date on which the last
return was made up on Form 363
Ten months after the end of
the relevant accounting
reference date
Maximum penalty
‘£5,000 (summary
prosecution). No maximum (indictment)’
‘£5,000’
____
Daily default fine for
failure to complete
£500
£500
____
Audited accounts
Change to accounting
reference date
Change in directors or secretary
Change in registered office
Change to memorandum or articles of association
Ten months after the end of
the relevant accounting
reference date
File Form 225 in order to
effect alteration
Within 14 days of the
appointment or removal on Form 288
Change only take effect 14
days after Form 287 lodged
Special resolution to be filed within 15 days together with a print of
the memorandum and articles as
amended (s 18)
‘£5,000. In addition civil damages are
payable under s 242A as follows:
• up to 3 months late £100
• up to 6 months late £250
• up to 12 months late £500
• more than 12 months late £1,000’
____
‘£5,000’
____
‘£1,000’
____
____
‘£1,000’
____
£500
‘Consolidation, division, sub-
division, redemption or cancellation of
shares’
Creation of charge
Increase share capital
Purchase of own shares by a
company
Release of a charge
Resolutions to be filed in accordance
with s 380 (see 4.3)
Removal of auditor before the expiration of his term of
office
File Form 122 within one
month of the relevant
alteration to the share capital’
File Form 395 within 21 days of the creation of the charge
Ordinary resolution to be filed within 15 days together
with Form 123 summarising
the rights attaching to the
new shares
File Form 169 within 278 days
of purchase
File Form 403a
File resolution – signed by chairman of
meeting within 15 days of its being passed
File Form 391 within 14 days
of the passing of the relevant resolution
‘£1,000’
‘£5,000 (summary). No
maximum (indictment) –
see note (1)’
‘£1,000’
‘£5,000 (summary) No
maximum (indictment)’
____
‘£1,000’
‘£1,000’
£100
£500
£100
£500
____
£100
£100
Note (1) – Charge is void against any liquidator, administrator or creditor and the money secured by the charge becomes immediately payable.
