 |
 |
|
|
The amendments to the Annual Return
are as a result of new regulations. The Companies Act 2006 (Annual
Returns) Regulations 2011 (SI 2011/1487) which comes into force from
the 1st October 2011 includes a requirement to use the SIC 2007 codes.
For more information on UK SIC 2007 codes and the changes to the Annual
Return, please visit Companies House website: www.companieshouse.gov.uk/about/sic2007.shtml
Only version 10.7 or later will have the option to update the UK 2003
SIC codes to UK 2007 SIC codes and the updated Annual Return form.
When an Annual Return (AR01) is generated with a made up date of 1st
October 2011 or later using the 2003 SIC Codes, a warning message
will appear. Users are then required to manually amend the SIC Code
using the 2007 database. If the form is generated with a date prior
to 1st October, using the 2003 SIC codes no warning message is displayed
on generation of the form.
From the Company Secretarial module select Reports | Company Forms
Highlight am Annual Return Log dated 01/10/2011 or later.
Click Print
Form.
The following warning displays.
Click Yes
to update the code.
The above warning only displays if IRIS detects that the UK SIC Codes for 2003 have been used when generating an Annual Return with a made up date of 01/10/2011 or later.
The following screen displays.
Select the Categories tab.
Click the magnifying glass next to the Main SIC code field.
The following screen displays.
Click Yes
to update the 2003 SIC codes to 2007 SIC codes and click Save.
The following screen displays.
Click Yes
to save the changes.
The UK SIC 2003 codes database have been updated to the UK SIC 2007 codes. It is not possible to revert back to the UK SIC 2003 codes.
The following screen displays.
The Main SIC Code field has been
updated with the UK SIC 2007 codes, as displayed above.
IRIS maps the 2003 Code to a 2007 Code and recommends possible alternative
code(s) which may be more appropriate. If the Business Description
is entered under Client |View and there are no SIC codes entered,
then no mapping is done.
If ONLY the Business Description is entered, the form cannot be electronically
filed, users are required to submit the form by ‘Paper’. If users
wish to electronically file the form and they are not able to find
an appropriate code within the 2007 SIC Code list then they may want
to consider using 82990 - ‘Other Business Support Service activities
not elsewhere classified’ as the main SIC code.
It is the user’s responsibility to ensure the appropriate UK SIC 2007
code has been selected for the client.
The AR01 form will be generated in the IRIS PDF Viewer, please review the details and close out of the preview screen.
The following screen displays.
Select Yes
to submit to Companies House, XML
to view the contents of the submission or No
to cancel the submission.
On Version 10.7, a new feature was included which allows users to change the DTR5 Status if the company is an issuer of shares to which DTR5 applies.
To change the DTR5 status of the company
Select Reports | Company Forms – Highlight the AR01 form View Entry | Other Information
The Is the company an issuer of shares to which DTR5 applies option is de-selected as default. Select the this option to record if DTR5 applies.
Click OK to continue or Cancel to close. A Change of DTR5 Status log will display. Log should be selected if the change in status is valid. If correcting a previously incorrect status select Don't Log when prompted.
The DTR5 status will be used to determine the content required for an Annual Return made up to a date on or after 1st October 2011. The status will only be used where any of the company's shares were admitted to trading on a market at any time during the return period.
For more information on changes to the shareholder
details required on an Annual Return with a made up date of 1st October
2011 or later, click here https://www.companieshouse.gov.uk/about/sic2007.shtml