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between us Neil and I have helped hundreds of companies set up in the UK and given there are hundreds of things that you need to do in the early stages of setting up a business many of which youll know some things about others which youll know nothing about one of the things we want to do today is run through one of the Practical things that youll need to get done after setting up your company and one of those things is every 12 months is to file a confirmation statement and as we go through that well talk through what a confirmation statement is when you need to file it whos responsible for filing it and the consequences of not doing so how much it costs so without further Ado lets get cracking and get on with [Music] it welcome back to the basics of business Channel everybody and before we quickly just log on and get fining a confirmation statement you when it comes to the legal aspects particularly people often get hesitant and confused and sometimes fearful about about them s