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1. Can you please clarify what is your objective in altering the accounts for a company which has been sold? What do you want to achieve? Have you considered that you may be prosecuted if you incorrectly stated accounts as a director? What is the effect of the material alteration in the accounts? Namely is more money owed to a third party, or is the value of the business you sold affected, or who else does it affect? Why did ou file incorrect accounts in the past?
2. The first thing you should know is that section 1096 of the Companies Act, 2006, provides that the Registrar in the Companies House may rectify account or any filing of accounts pursuant to the Order made by a court under this section. So, if you want to rectify the accounts, you really need to get yourself a company law solicitor and make an application under this section to the court. However, you can do this yourself, but I would not recommend it.
3. Be aware in making an application under this section, you need to state why the application is being made and how the error arose. Be aware that it is unusual that a former owner of a limited company would make this type of application. Be aware additionally, that in law, you won't be able to revisit the sale valuation given to you for the company. You cannot in effect alter the deal you freely entered into with knowledge of the error in the company accounts. This is the situation even though the purchaser also had a director on board. The responsibility for correctly filing accounts fell on all directors equally with the Company Secretary responsible for the administrative task of filing the accounts.
4. In your application, you would simply state that the incorrect set of accounts were filed and the corrected accounts represent the true and fair view of the position of the company. The court will accept a plea that human error was involved so long as it corrects the position.
5. Be aware that despite what you say, a change in allowable capital allowances will have an effect upon taxation. So, returns to HMRC for the company for this period will also have to be revisited.
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