If it is found that a set of accounts submitted to Companies House is defective (i.e. containing errors or not compliant with a requirement of the Companies Act), then the directors may submit amending financial statements to the Registrar of Companies. This may be because the company has realised that the accounts are defective or because the Registrar has written to the directors to request that they either give a satisfactory explanation for the accounts or prepare revised accounts.

The rules relating to revised accounts are set out in CA 2006, s. 454–459 and the Companies (Revision of Defective Accounts and Reports) Regulations 2008 (SI 2008/373).

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