What company records and registers do I have to keep?

What company records and registers do I have to keep?

Quick Answer

Limited companies must keep business and accounting records of all income, expenditure, assets and liabilities, as well as statutory registers, copies of all accounts and statutory filings, minutes of meetings and decisions taken by directors and shareholders.

Limited companies are legally required to keep and maintain a number of statutory records and registers. It is the responsibility of the director (or company secretary, if one is appointed) to make sure these records are accurate, up-to-date and made available for public inspection at the company’s registered office address or Single Alternate Inspection Location (SAIL address).

Where applicable, you should keep the following records and registers:

  • Register of members (shareholders or guarantors).
  • Register of directors.
  • Register of directors’ usual residential addresses.
  • Register of secretaries.
  • Register of People with Significant Control (PSC).
  • Directors’ service contracts.
  • Register of charges and instruments creating charges (i.e. mortgages, secured loans).
  • Minutes of board meetings and shareholders’ meetings.
  • Copies of decisions and resolutions.
  • Record of directors’ indemnities, (security against liability claims or legal costs).
  • Record of debenture holders.
  • Record of the sale of company shares.

Where to keep your company records?

Unless otherwise notified, Companies House will assume your statutory records are held at your registered office address. If it is inconvenient to make certain records available for inspection at your registered office, you may keep some or all of them at a SAIL address.

You must notify Companies House if you keep any statutory records at a SAIL address, and you must confirm which records are held there.
Related: Company filing and reporting requirements

A SAIL address has to be in the same country as your registered office. You can only have one SAIL at any given time. You must notify Companies House if you move any records, and you will be expected to confirm their location whenever you file an annual confirmation statement (previously called an annual return).

Inspection of statutory records

Companies are required by law to make their statutory records available for public inspection at their registered office or SAIL address every working day between the hours of 9am-3pm.

Advance notice of the date and time of inspection must be provided to the company. A minimum of 2 days’ notice is required if the requested inspection date coincides with the notice period of a general meeting of the shareholders, or a written members’ resolution. In all other cases, the required notice period is 10 working days.

How to keep your statutory records

The majority of limited companies will keep all of their statutory registers together in a bound or loose-leaf folder or book. This ensures all important company documents are filed together and easily accessible for inspection purposes.

If you wish, you may keep digital copies instead of, or in addition to, your paper registers.

Rapid Formations Services

Members of the Rapid Formations team dressed in all white working together at a Macbook.

We provide copies of company registers with all company formation packages.

We provide digital copies of company registers with all of our company formation packages, with the exception of the Digital Plus Package. The option of a hardback loose-leaf company register is also available during the company formation process, or afterwards through our Online Admin Portal.

 

By Rachel Craig at Rapid Formations – Follow Rachel on Google +

One Comment

  1. I’m a bit confused – you quote quite a number of statutory registers that need to be kept. However, having just been on a company secretary course, we were not told that this many need to be kept. . . . I wondered whether you could confirm. I have been told that I need to keep registers of :-
    • Directors
    • Directors’ Residential Addresses
    • Secretaries
    • PSCs
    • Members

    I was told that for any company with charges registered after 6th April 2013, the register of charges was no longer required (although for companies with charges registered before 06.04.13 the register would still need to be kept).

    There was no mention of any of the other registers.

    Could you clarify?

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