Useful Document Storage Information

Listed below are the retention schedules for a range of business records. The categories included are
Admin  ~  Company  ~  Employment  ~  Financial  ~  Health & Safety  ~  Insurance  ~  Legal  ~ Pensions  ~ Sales Records  ~  Transport

 

Archive Retention Schedule

Archive category

Specific archive type Retention period Reason for retention
ADMIN Goods in/out record book
Stock adjustment sheets
Inventories
Current plus 6 years
2 years
Until superseded and a new
inventory has been audited
Legal
Audit
Commercial
Asset registers
Contractor timesheets
Current plus six years
1 year after transfer to accounting
systems unless required for VAT / tax purposes
Commercial
Commercial/legal
Copy purchase orders
Copy correspondence
Correspondence files
Complaints
3 years after original sent for payment
3 years after date of correspondence
3-6 years
3 years
Commercial
Commercial
Commercial
Commercial

Please note

All material on this website is based on the working practices of
Ardington Archives and is intended for guidance purposes only.
While every reasonable effort has been made to verify the accuracy
of the information provided, no liability can be accepted in respect
of any errors or discrepancies and the content of the website is
not intended to be relied upon for legal purposes.