The abbreviated accounts of a qualifying medium-sized company or limited liability partnership (LLP) don’t have to include the full profit and loss account that larger companies and LLPs have to file at Companies House.
But you must include:
- An abbreviated . Note that medium-sized LLPs are no longer exempt from disclosing turnover in abbreviated accounts for accounting periods that began on or after 1 October 2008. However, the exemption from disclosing detailed particulars of turnover in the notes to the accounts remains.
- A special .
- A with a business review (no requirement for equivalent members’ report for LLPs).
For companies where the accounting reference period started before 6 April 2008 (and for LLPs with accounting reference periods starting before 1 October 2008), in the balance sheet and directors’ report you must state that the accounts have been prepared in line with the special provisions in part VII of the Companies Act 2006 which relates to medium-sized companies and LLPs.
For companies, the auditor’s report must state that your company is entitled to submit abbreviated accounts in line with the relevant section of the Companies Act 2006 for financial periods starting on or after 6 April 2008.
For financial periods starting on or after 1 October 2008, the auditor’s report for LLPs must state that the LLP is entitled to submit abbreviated accounts in line with the relevant section of the Companies Act 2006 as applied to the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.
Your notes to the accounts must also disclose the amount of remuneration paid to the auditor (including any benefits in kind) for auditing the company accounts.
See our guide on how to file accounts at Companies House.
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