How is accounting reference date (ARD) set?
The accounting reference date is the date each year to which accounts will be drawn up. The date depends on the date of incorporation as it is the last day of the month in which the first anniversary of incorporation falls. For example, if your company is incorporated on 2nd July this year, the accounting reference date will be 31st July, and its first financial year must end on 31st July, next year.
