Auditor Reports Exempt Company Type

Certain companies in certain circumstances are exempt from filing financial statements with their annual return but they must file an auditors report

 

For Companies Limited by Guarantee: See Part 18 Companies Act 2014.
Section 1220 (2)(a) the statutory auditors of the CLG shall prepare a separate report to the directors which—
(i) confirms that they audited the relevant statutory financial statements for the relevant financial year, and
(ii) includes within it the report made to the members of the CLG pursuant to section 391, and
(b) a copy of the report prepared under paragraph (a) shall be annexed to the annual return delivered by the CLG to the Registrar.

 

For Unlimited Companies : See Part 19 Companies Act 2014.
Section 1277 The statutory auditors of a non-designated ULC shall prepare, and furnish to the directors of the company, a separate report which—

  • (a) confirms that the statutory auditors audited the financial statements of the company for the relevant financial year, and
  • (b) includes within it the report made by them to the members of the company pursuant to section 391 on those financial statements.
  • (2) Where a report is prepared in accordance with subsection (1) there shall be attached to the annual return of the non-designated ULC a copy of the report that satisfies the following conditions—
    • ● (a) it is a true copy of the original save for the difference that the signature or signatures on the original, and any date or dates thereon, shall appear in typeset form on the copy, and
    • ● (b) it is accompanied by a certificate of a director and the secretary of the nondesignated ULC, that bears the signature of the director and the secretary in electronic or written form, stating that the copy is a true copy of the original (and the foregoing statement need not be qualified on account of the difference permitted by paragraph (a) as to the form of a signature or of a date).

 

For Designated Activity Companies : Part 16 Companies Act 2014.

Under Section 996 (2)(a), the statutory auditors of the DAC shall prepare a separate report to the directors which—
(i) confirms that they audited the relevant statutory financial statements for the relevant financial year; and
(ii) includes within it the report made to the members of the DAC pursuant to section 391; and
(b) a copy of the report prepared under paragraph (a) shall be annexed to the annual return delivered by the DAC to the Registrar.