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Small and micro-entity reporting

Companies and other entities may choose to prepare and file their accounts in accordance with the small companies regime or the micro-entities regime, subject to meeting the relevant criteria. The Corporate Reporting Faculty outlines the eligibility criteria and the options available.

Which regime?

Choosing the right regime

A guide through the choices and reporting requirements available for small and micro-entities.
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Small and micro-entity reporting compared

A guide to the differences between applying FRS 102 Section 1A and FRS 105.
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Topical reporting issues

Aimed at preparation of accounts under FRS 102 Section 1A Small Entities, and FRS 105 Micro-entities, this webinar covers topical reporting issues relevant to late 2024 and early 2025 year-ends, along with upcoming accounting and regulatory developments.
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FRS 102: Section 1A Small Entities

Helpsheet explaining the reporting requirements for small entities under FRS 102 Section 1A. It covers recognition, measurement, presentation, and disclosure rules, ensuring financial statements give a true and fair view.
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Small companies regime

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Entitlement to the small companies regime

A step by step guide through the criteria for the small companies regime.

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Small entity reporting – simplifications

Reporting requirements and options for entities entitled to the small companies regime.

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Small company filing options

A guide to the filing options and statements required for small company accounts.

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Micro entities regime

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Entitlement to the micro-entities regime

A step by step guide through the criteria for the micro-entities regime.

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Micro-entity reporting – simplifications

Reporting requirements and options for entities entitled to the micro-entities regime.

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An analogue clock on top of two stacked, hardback book. Next to the books is a small potted succulent plant in a stone-like container and a grey cylindrical cup.
Micro-entities filing options

A guide to the filing options and statements required for micro-entity accounts.

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Further resources

Preparing and filing UK small entity accounts Preparing and filing Micro-Entity accounts Entitlement to the micro small medium and large companies regime Small LLPs filing options FAQs Balance sheet statements for small companies and LLPs FRS 102: Section 1A Small Entities

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Periodic Review 2024 amendments

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