Companies Act 2014 section 1277

Documents to be annexed to annual return of non-designated ULC

Section 1277 sets out the requirement for a non-designated unlimited company (ULC) to attach a statutory auditors' report to its annual return, even though it is not required to file full accounts.

• Statutory auditors of a non-designated ULC must prepare a separate report for the directors confirming the audit and including their report to members
• A true copy of the auditors' report must be attached to the company's annual return, with signatures and dates appearing in typeset form
• The copy must be accompanied by a certificate signed by a director and the company secretary confirming it is a true copy of the original
• This requirement does not apply if the non-designated ULC is entitled to, and has availed of, the audit exemption under Chapter 15 or 16 of Part 6