Company Accounts

Department for Business, Energy and Industrial Strategy written question – answered on 22nd February 2018.

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Photo of Nigel Mills Nigel Mills Conservative, Amber Valley

To ask the Secretary of State for Business, Energy and Industrial Strategy, how many prosecutions there were for financial statements which failed to comply with the requirements of the Companies Act 2006 and associated legislation and regulation in (a) 2012-13, (b) 2013-14, (c) 2014-15, (d) 2015-16 and (e) 2016-17; and what the outcome of those prosecutions was.

Photo of Andrew Griffiths Andrew Griffiths Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy)

The table below details how many prosecutions there were for financial statements that failed to comply with the requirements of the Companies Act 2006 and associated legislation and regulation for the periods shown.

Number of Prosecutions for Annual Accounts (Financial Statements) UK

Period

Number of Charges Laid in Court

Convictions

Charges Withdrawn

Adjourned to Later date

2012-2013

3,816

1,833

1,178

716

2013-2014

3,752

1,837

1,307

587

2014-2015

4,444

2,126

1,545

751

2015-2016

4,474

2,162

1,467

774

2016-2017

4,052

1,936

1,445

659

Charges that are withdrawn are generally because the company has brought its public record up to date.

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