Bounty Joy: Company Accounts

(asked on 11th January 2022) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether plans to require Companies House to prosecute Bounty Joy Ltd for not producing publicly available accounts; and if he will make a statement.


Answered by
Paul Scully Portrait
Paul Scully
This question was answered on 19th January 2022

All limited companies must file their accounts at Companies House each year. Failure to do so is an offence and can result in a criminal prosecution of each of the company's directors.

The law also imposes an automatic civil penalty on a company if the accounts are filed late. The period allowed for filing is set out in law, although a company may apply to extend this in certain circumstances. The amount of the penalty depends on how late the accounts are when delivered and whether the company is private or public at the date of the balance sheet. Penalties are doubled if the company accounts are filed late in consecutive years.

The filing deadline for this company has not yet been reached.

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