Agenda

• E-Products & Services

• Accounts: Data & Electronic filing update

Mobile App

• Launched in September 2012 – over 100,000 downloads• Access to company details for over 3 million companies• Available to download from the Apple App Store and Google

Play• Free to download and provides only free information – no

hidden costs• Allows you to check company information ‘on the go’• Stats and our latest Tweets can also be viewed on the App• Feedback welcome

Mobile App – Company Information

Mobile App – Company Information

Mobile App – Favourites

Join eReminders:

eReminders is FREE

You can activate up to 4 email addresses per company

Avoid the inconvenience and expense of failing to file your documents on time

Would you like us to email you when the company accounts and annual

returns are due?

PROOF (PROtected Online Filing)is FREE and offers protection for your company (or

LLP) from fraudsters and corporate identity theft.

PROOF helps prevent...attempts to change your registered office address or directors of your company without your knowledge.

PROOF ensures...changes to your company record are only made online and paper filings are rejected. Approx 50-100 cases of corporate identity fraud per month.

ACCOUNTS ARE NOT INCLUDED IN PROOF

Fraudsters come in all shapes and sizesWe have PROOF

Monitor

• FREE Service available in CHD & WebCHeck

• Part of the 3 point plan to prevent corporate identity fraud

• Alert service for documents filed by ANY company

iXBRL for Companies House

Company Accounts – Background

Copy of accounts prepared for shareholders or Abbreviated accounts depending on size of

company File electronically – voluntary regime In-line XBRL Approx 2/3 now file iXBRL Accounts production software Accounting firms

iXBRL Accounts 2 Routes to the Register

iXBRL Accounts Software Filing – HOW?

iXBRL Format – Readable and Data

Accs Prep File iXBRL Public Record

Transform Transmit &

Transform

XBRL Data

Why an accounts data product?

…

– Journey to becoming a digital organisation

– Digital in, digital out

– Increasing volume of accounts data

– Demand for access to that data

Free Bulk Accounts Data Service

Prod223_1259_00128874_20140531.html

Paper filings at Companies House

2009/10

182 tonnes

2013/14

117 tonnes

Down 36%

Accounts Year to March '14Volumes in '000

601 26%

692 29%

103 4%

951 41%

2,347 100%

Software

Web

HMRC

Paper

Paper Accounts Filed '000

514 54%

130 14%

307 32%

Abbrev

Dormant

Other

2/3 of all accounts now electronic

iXBRL Accounts – WHAT can you file?

WebFiling Templates:

(fixed format and manual data input)

• Dormant never traded

• Abbreviated unaudited for micros and small companies

• Full unaudited via HMRC/CH joint filing

iXBRL Accounts – WHAT can you file?

Software Filing:

(free format and automatic production) :

• Dormant never traded

• Abbreviated unaudited for micros and small companies

• Full unaudited micros and small companies

• Full audited

• Dormant previously traded

• Group

WebFiling Templates:

(fixed format and manual data input)

• Dormant never traded

• Abbreviated unaudited for micros and small companies

• Full unaudited via HMRC/CH joint filing

iXBRL Accounts filing – WHY?

BETTER FOR YOU:

Cost savings:

- No more covering letters or postage costs

Lower overheads:

- Immediate acknowledgment of receipt

- Automatic confirmation of acceptance/ rejection

iXBRL Accounts filing – WHY?

BETTER FOR CLIENTS:

Faster, secure delivery

Lower risk of penalties

Transparency - Accounts data e.g. credit reference agencies

Preferred by professional accountancy bodies and BIPA

BETTER FOR YOU:

Cost savings:

- No more covering letters or postage costs

Lower overheads:

- Immediate acknowledgment of receipt

- Automatic confirmation of acceptance/ rejection

iXBRL Accounts filing – WHY?

BETTER FOR CLIENTS:

Faster, secure delivery

Less risk of penalties

New - Accounts data for credit reference agencies

Preferred by professional accountancy bodies and BIPA

Better for you:

Cost savings:

- No more covering letters or postage costs

Lower overheads:

- Immediate acknowledgment of receipt

- Automatic confirmation of acceptance/ rejection

2/3 of all accounts are now iXBRL

Step 1

Step 2

Step 3

Obtaining Presenter ID for Software Filing

Thank you for listening!Any Feedback?

phughes@companieshouse.gov.uk

jmansfield@companieshouse.gov.uk

Contact us

Telephone: 0303 1234 500

email: enquiries@companieshouse.gov.uk

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