A national trade association with inconsistencies between their accounts and annual returns

We advised the insurance arm of a national trade association following an inconsistency between the filed accounts and the annual returns relating to the issued share capital of the company.

There was a difference of £2m in the share capital due to the authorised share capital being confused with the issued share capital. There were also a number of errors in the filed accounts and the registration of allotments dating back over six years.

We helped file the missing allotment notifications at Companies House, brought the statutory registers up to date and filed replacement annual returns.