Company Secretary

[LtdKnowledge]

Good Afternoon all!

Thank you for creating this fantastic forum, it has been a huge use to me over the last year for various topics and I very much hope and intend to be able to provide any useful insights over the coming years should I be able.

Apologies if this is a basic question, I have searched and looked at the stickies and do hope it is not clearly covered. I am keen to set up a Company Secretary for my Ltd Company, and have been advised the best route forward by my Accountant who I of course pay a monthly fee for.

My accountant is truly excellent and I appreciate we all need to make our money, he has offered to carry out the setup for £120 + VAT. My question is, what further actions are required than filling out and submitting the AP03 form to Companies House?

https://assets.publishing.service.go...33/AP03_v6.pdf

I am keen to ensure I don't miss anything critical, for example updating the PSC log. But also keen not to spend what I see as a considerable fee if filling out the form is the only step.

Thanks in advance for any insights you are able to provide.

[TheCyclingProgrammer]

Why do you want a company secretary?

[ladymuck]

You don't need one and, if you do, you just log into your company on Companies House and fill in form AP03 yourself, for free and 5 minutes of your time.

Your accountant may be excellent but that's a lot of money for some old rope.

[Amanensia]

Why do you want a company secretary?

Might possibly be useful to denominate a shareholder as a company officer for eventual ER eligibility.

[TheCyclingProgrammer]

Might possibly be useful to denominate a shareholder as a company officer for eventual ER eligibility.

Yes, although in the common scenario of said shareholder being a spouse it would, IMO, be more prudent to make them a director for other reasons (easier to take care of matters if something were to happen to OP).

[sal]

Yes, although in the common scenario of said shareholder being a spouse it would, IMO, be more prudent to make them a director for other reasons (easier to take care of matters if something were to happen to OP).

Yeah, but then you have the odd agency bitching about you not being a sole Director and refusing to submit your CV to ClientCo...

[Scruff]

Good Afternoon all!

Thank you for creating this fantastic forum, it has been a huge use to me over the last year for various topics and I very much hope and intend to be able to provide any useful insights over the coming years should I be able.

Apologies if this is a basic question, I have searched and looked at the stickies and do hope it is not clearly covered. I am keen to set up a Company Secretary for my Ltd Company, and have been advised the best route forward by my Accountant who I of course pay a monthly fee for.

My accountant is truly excellent and I appreciate we all need to make our money, he has offered to carry out the setup for £120 + VAT. My question is, what further actions are required than filling out and submitting the AP03 form to Companies House?

https://assets.publishing.service.go...33/AP03_v6.pdf

I am keen to ensure I don't miss anything critical, for example updating the PSC log. But also keen not to spend what I see as a considerable fee if filling out the form is the only step.

Thanks in advance for any insights you are able to provide.

If you are looking to appoint a Company Secretary, in order to pay them a salary for this (superfluous) role, then I suggest you don't - there is no "work" for the Company Secretary to do. Income shifting