How to submit your annual returns and accounts to the Financial Conduct Authority or the Prudential Regulation Authority.
Coronavirus (Covid-19) update
For returns due by 31 October 2021, we won’t take action to follow-up on delayed submissions where that delay is 3 months or less.
Societies don't need to contact us to tell us about a delay. For more information, get in touch.
Societies that need to send annual returns and accounts
All registered mutual societies must submit accounts each year. Registered societies, working men’s clubs, benevolent societies, and specially authorised societies must also submit an annual return form with their accounts.
You’re responsible for making sure that the documents are:
- submitted on time (we don’t send reminder letters)
- prepared by a competent person
You must send your accounts to us even if you send them to another body like a national umbrella body.
Send your accounts to the FCA and the PRA
You need to submit accounts to the FCA and the PRA if you’re:
- a building society (two copies to the FCA, one to the PRA)
- a friendly society incorporated under the Friendly Societies Act 1992 (two copies to the FCA, one to the PRA)
- credit union (one copy to the FCA and PRA)
Send your annual returns and accounts:
- online: using our mutual society portal
- by email: [email protected] (send documents as PDFs and don’t include a covering letter)
- by post: Mutuals Registration, Mutuals Team, Financial Conduct Authority, 12 Endeavour Square, London, E20 1JN
Registered societies
- Registered societies, co-operative societies and community benefit societies (AR30) can submit their annual return online using our mutual society portal.
Working men’s clubs
- Working men's clubs can submit their annual return online using our mutual society portal.
Specially authorised societies
This form is for specially authorised societies, including:
- benevolent societies
- cattle insurance societies
- societies registered for medical assistance
Investment associations registered as specially authorised societies
Send your annual returns and accounts to the PRA
You need to submit annual returns and accounts to the PRA if you’re:
- a building society
- a credit union
- a regulated friendly society (for example, insurers)
- another society regulated by the PRA
Find more information about reporting requirements for regulated societies.
Regulated friendly societies should send annual returns and accounts:
- by email: [email protected] (send a signed paper copy as well by post)
- by post: Regulatory Data Group, Statistics and Regulatory Data Division (TS05 B-D), Bank of England, Threadneedle Street, London, EC2R 8AH
Credit unions should send annual returns and accounts:
- by email: [email protected]
- by post: Regulatory Data Group, Statistics and Regulatory Data Division (TS05 B-D), Bank of England, Threadneedle Street, London, EC2R 8AH
PRA contact for returns reporting
- phone: 020 3461 7000
- email: [email protected]
When you must submit your annual return and accounts
The submission period varies depending on what type of society you are.
- Registered societies (including co-operative societies and community benefit societies) must send their accounts and annual returns within 7 months of the financial year-end.
- Societies registered under the Friendly Societies Act 1992 must send accounts by 30 June each year, or 14 days before the annual general meeting, whichever is earlier.
- Societies registered under the Friendly Societies Act 1974 must submit accounts and annual returns by 31 July each year.
Who must sign the annual return and accounts
The requirements vary depending on what type of society you are.
When audited accounts are needed
You may need your accounts auditing depending on your rules, turnover and asset size from the previous year, if you’re:
- a co-operative and/or community benefit society – see the notes for more information
- an unregulated friendly society (like a working men’s club, benevolent society or specially authorised society) – see the notes for more information
Change your accounting year-end date
If you change your accounting year-end date, you must notify us. You can do this online using our mutual society portal.
Annual returns and accounts that are incorrect
We’ll reject your documents if:
- the annual return isn’t complete
- the accounts don’t comply with the society's rules
You must then re-submit them.
If you don’t submit a return
If you don’t submit an annual return and accounts we can do one of the following:
- cancel your society registration (the society no longer exists as a legal entity and members lose their limited liability, though friendly societies registered under the 1974 Act do not have limited liability)
- prosecute the society (if convicted, you may have to pay a fine of up to £1,000 per offence and costs)
See a list of societies that have been prosecuted or cancelled for not submitting their annual returns and accounts.