April 2019

UKnow Editorial – April 2019

One of the biggest reasons for the success of Unik is our awesome team. Each person in our firm is special, all with different strengths and certainly some interesting personalities. We celebrate these strengths and unik-ness of each of our team members, and the whole of Unik is most certainly therefore greater than the sum of its parts. Because of this, we thought it a good idea to have our newsletter photos for this financial year introduce our readers to some of our awesome people. The photos are a reflection of our personalities, our fun side and our celebration of life while working at Unik.

We pride ourselves on not being conventional. We work hard and we play hard. We find humour in very tuff situations, but use the challenges to make us better. Most of all, we focus on building relationships – with our clients, our business partners and our staff. We hope that you enjoy meeting our team!

For those of our readers celebrating Easter, have a blessed season.

If you want to respond to or comment on any of our news items or other relevant information, please contact us at news@unikone.co.za or 022 – 482 1169, or join the conversation on our social media platforms on Linkedin, Instagram and Facebook.

Warm regards until next month.

Oddette Boshoff

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Meet Our Team – Christine Hartley

Christine, like many in our firm, is a jack-of-all-trades. Sometimes due to necessity, but often because she just wants to get stuff done – properly, the first time around. She has taken on many responsibilities during the 15 years that she has been with the firm that today is Unik Professional Services, and her no-nonsense approach and high quality standards are some of her success trademarks.

She is always willing to take on new duties, often out of her comfort zone, and as a result have grown into the very capable multi-skilled star that she is today. She possesses that unique talent combination of strong administrative skills as well as awesome creativity. However, what we enjoy most about Christine is her wicked sense of humour! She will often drop a sharp comment in a difficult situation which reduces everybody to laughter, and in a high stress work environment sometimes that is just what we need. But don’t mess with her – one look with those blue eyes can silence the even the snarkiest attitude.

Christine is responsible for the company secretarial compliance in our firm, and as a qualified B-BBEE analyst she also assists in this service line. She assists with IT, general practice administration and is also responsible for our digital marketing system – including this newsletter that you are reading!

Thank you Christine for being truly unik!

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Must you submit financial statements to CIPC?

All companies in South Africa (including close corporations) must submit an annual return to the CIPC in the month of its registration anniversary, and pay the required annual duty.

A requirement that came into effect during February 2019 is that the company must either submit the latest annual audited financial statements, or alternatively complete the Financial Accountability Supplement (FAS), before the annual return will be accepted by the CIPC. Failure to do so will result in penalties, and ultimately the deregistration of the company.

If a company is required to be audited, the latest audited financial statements must be submitted to the CIPC. The CIPC will not accept financial statements older than the previous year’s statements.

The submission of the financial statements can only be done in the XBRL or iXBRL format. This means that whatever program is used to compile the annual financial statements, it will have to be converted into either the XBRL or iXBRL format.

If a company is not required to be audited, it must complete the electronic Financial Accountability Supplement and submit it to the CIPC.

Clients are urged to address any outstanding annual financial statements, as well as the format in which these financial statements are compiled, as there are significant time and cost factors to be considered.

Oddette Boshoff

Director

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