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hey everyone welcome to the juniper links accounting channel today were going to go over what is a confirmation statement so this is when youre managing your own company and suddenly you get a notification that you need to file a confirmation statement and youre just like what is that normally with our accounting service we would just handle all this for you so you dont worry about it but its not too big of a deal anyway so ill go through exactly what it is with you now and kind of tell you a little bit about how it works and what you need to do okay so the first thing we need to determine is do you need a confirmation statement so these are only required once per year but they are a legal requirement so its not a good idea to just ignore them and ill get into why a little bit later in the video so all limited companies must complete a confirmation statement and this was previously known as the annual return what does it do so what is the purpose of a confirmation statement an