Abbreviated accounts: Difference between revisions
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imported>Administrator (CSV import) |
imported>Doug Williamson (Spacing & classification.) |
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''UK Company law''. | ''UK Company law''. | ||
In order to reduce administrative burdens on small and medium sized companies in the UK, they are not required under UK company law to produce full accounts for public filing at Companies House. | In order to reduce administrative burdens on small and medium sized companies in the UK, they are not required under UK company law to produce full accounts for public filing at Companies House. | ||
Instead they are allowed to prepare and file shorter-form 'abbreviated accounts'. | Instead they are allowed to prepare and file shorter-form 'abbreviated accounts'. | ||
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* [[Accounts]] | * [[Accounts]] | ||
* [[Companies House]] | * [[Companies House]] | ||
[[Category:Accounting_and_Reporting]] | |||
[[Category:Regulation_and_Law]] | |||
Revision as of 14:08, 27 July 2013
UK Company law.
In order to reduce administrative burdens on small and medium sized companies in the UK, they are not required under UK company law to produce full accounts for public filing at Companies House. Instead they are allowed to prepare and file shorter-form 'abbreviated accounts'.
However, fuller-form and more detailed company accounts are still required for other purposes. For example for tax purposes and for reporting to the shareholders.
