Changes to accounts filed with Companies House UK

The Companies House UK have announced the accounts reforms measures that will be implemented from April 2028. The accounts reforms include:-

• requiring small companies and micro entities to file profit and loss accounts with Companies House as other companies do, but with the option to opt out of publishing this information on the public register
• requiring all companies to file their annual accounts via commercial software;
• removing the option for companies to file abridged accounts
• a strengthened eligibility statement for all companies claiming an audit exemption
• requiring component parts of the filed accounts and reports to all be filed together
• reducing the number of times a company can shorten its accounting reference period

To give companies more time to prepare, this package of accounts reforms will now come into effect from April 2028, rather than April 2027. This means all companies will have one full accounting year, plus 9 months (21 months) to get ready.

Click here for more information on the new reforms

NB: The content of this article is provided for information purposes only and does not constitute legal or other advice.

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