Understanding Account Reference Date
Summary
The account reference date (ARD) marks the end of a companys financial year. Reasons for shortening it include aligning with a parent company, matching business cycles, or preparing for a sale. To understand why an ARD was shortened, review the companys annual return or confirmation statement for notes, check the directors report in financial statements, or consult with the companys accountant. The directors report can be found in the companys annual financial report, available on the companys website or through Companies House.Full Conversation
How can I tell why this has been shortened
To determine why the account reference date (ARD) has been shortened, you can:
- Review the company's annual return or confirmation statement for any notes or explanations.
- Check the directors' report in the financial statements.
- Consult with the company’s accountant or financial advisor for specific details.
Would you like more information on any of these steps?
- Review the company's annual return or confirmation statement for any notes or explanations.
- Check the directors' report in the financial statements.
It seems like you have already taken the initial steps to understand the reason for the shortened account reference date. If you need more assistance:
- Have you been able to locate any notes or explanations in the annual return or confirmation statement?
- Did the directors' report provide any specific reasons?
These steps should help clarify the situation.
Where can I find the director report
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To find the director's report in the financial statements, you can:
- Check the company's annual financial report, which should be available on the company's website or through Companies House.
- If you have access to the company's internal documents, the director's report is typically included in the financial statements section.
Do you need guidance on accessing Companies House records?