RE: RNS - Moving YR end final accounts13 Mar 2023 08:38
Even without todays change to the accounting period, NFX would not have had to appoint an auditor until November / December. A company has 9 months from their financial year end to get the audit done.
“When does a company need to carry out an audit?
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If your company is not exempt from audits, you will need to carry one out once your financial year end date has passed. You will then have 9 months to complete an audit which is due to be submitted to HMRC and Companies House at the same time as your annual accounts filing deadline. For example, if your company’s financial year end is 30 September, you can begin an audit from 1 October, and it must be completed and submitted by 30 June.”