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Back to FAQExemptions

What Does An Audit-Exempt Company Need To Send To Companies House?

If a small company qualifies for audit exemption, it may submit unaudited accounts to Companies House in the form of an abbreviated balance sheet and notes or if it chooses full accounts.  In either case, the balance sheet must contain the following statements above the director's signature:

For the year ending ………………(dd/mm/yyyy) the company was entitled to exemption from audit under section 477of the Companies Act 2006 relating to small companies.
Directors’ responsibilities:

  • the members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476,
  • the directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts
  • these accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.

Small companies that deliver a full balance sheet may choose not to include a copy of the Directors’ report and/or a copy of the profit and loss.  In this case the balance sheet must also contain an additional statement that the accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.

Please note – there is no longer a requirement for a Reporting Accountant to sign audit-exempt accounts.

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