Resource Centre

October 2017

Small Company Accounting

The required format of statutory accounts that small companies have to prepare and send to Companies House has changed for accounting periods starting on or after 1 January 2016 (or 1 January 2015 if early adopted). In March 2015 the UK Government approved new regulations which have significantly changed the small companies’ regime.


The extent of the change will vary on a company by company basis. It will depend upon the nature of the company’s activities and the types of assets which it has.


This factsheet sets out the key changes and their impact and we would be happy to assist you in providing specific advice for your company.