Filing of Irish Company Accounts

Accounts must be filed with the second and subsequent annual returns. The financial year end of those accounts must be no earlier than nine months prior to the date of the annual return.

A checklist on Form B1 (annual return) lists all the documents which are required to be attached to the annual return, these documents include:

  • Copy of the balance sheet
  • Copy of the profit and loss account
  • Copy of the directors’ report and
  • Copy of the auditor’s report

The level of information given in filed accounts varies with the size of the company and are prepared as small, medium or large which is determined by employees and turnover.

Accounting Reference Date – ARD

The ARD is the annual date for the Irish company to file its Annual Return and Accounts

Irish companies have an ARD six months from their date of incorporation. A company’s second and subsequent Annual Return Date is 12 months from its previous year’s ARD.

The annual return must be filed with the Companies Registration Office within 28 days of the date to which it has been made up. Where accounts are required to be attached to the annual return the filing deadline is either:

  • The company’s ARD plus 28 days
  • The company’s financial year-end plus nine months

Failure to file your Annual Return within 28 days of the due date will result in a penalty of €100 and an additional €3 per day for every day late to a maximum of €1,200 per annual return.

Small Company Exemption

A company can take advantage of small company exemptions if two of the following criteria are satisfied in respect of the financial year:

  • Balance Sheet total does not exceed €4.4 million
  • Turnover does not exceed €8.8 million
  • Number of employees must not exceed 50

A small company is required to file an abridged balance sheet and selected notes on the financial statements with the Companies Registration Office (CRO).

Medium Company Exemption

A medium company is required to file an abridged profit and loss account, abridged balance sheet, selected notes on the financial statements and the directors report with the CRO.

An Irish company can take advantage of medium company exemptions if two of the following criteria are satisfied in respect of the financial year:

  • Balance Sheet total does not exceed €7.62 million
  • Turnover does not exceed €15.24 million
  • Number of employees does not exceed 250