Companies House have announced changes from 1 April 2027 which Directors should be aware of. Here’s what you need to know.
New Requirements for Small and Micro‑Entity Companies
The changes streamline account filings for smaller companies beginning 1 April 2027:
• Micro-entity companies will be required to file a copy of their balance sheet and statutory profit and loss accounts.
• Small companies will be required to file a copy of balance sheet, directors’ report, auditor’s report (unless exempt) and statutory profit and loss accounts.
• The option to file abridged accounts will be discontinued, meaning more comprehensive filings are now mandatory.
Audit Exemption: Directors’ Statement Required
Companies seeking an audit exemption must now add a directors’ statement on the balance sheet. This statement must explicitly:
• State which audit exemption is being claimed.
• Confirm that the company meets the qualifying criteria.
Limits on Accounting Reference Adjustments
There will be new restrictions on shortening accounting reference periods:
• Companies can only shorten their accounting periods more than once in five years if a justified business reason is provided.
Filing Changes from April 2027
From 1 April 2027, all companies will be required to file accounts using commercial software. Traditional methods such as web and paper filing will no longer be available for account submissions, although they will still be in place for other filings such as confirmation statements and director updates.
• Companies House will contact registered email addresses before 1 July 2025 to inform firms about these changes.
• The move to software-only filing is designed to improve efficiency, security, and the quality of data on the public register.
• Both directors filing personally and accountants must transition to suitable commercial software solutions on or before the deadline. Plus Accounting already uses commercial software to file accounts with Companies House.
How Plus Accounting Can Help
As a trusted firm of accountants, we’re here to make the transition smooth and stress-free. Here’s how we can support you:
- Plus Accounting already file accounts using commercial software and this software will ensure all the changes are made as required.
- Plus Accounting has the capability to comply with the new filing arrangements when they come into force.
- Accounts Preparation: Whether you’re a micro-entity or a small company, we’ll ensure your accounts meet the new detailed filing requirements.
- Audit Exemption Support: If you qualify for an audit exemption, we’ll help draft the necessary directors’ statements and ensure accurate compliance.
- Ongoing Compliance: We’ll stay on top of regulatory updates and keep you informed, so you can focus on running your business.
Contact us today to discuss how we can help your business navigate and stay ahead of these filing changes.
Author: Plus Accounting
Any views or opinions represented in this blog are personal, belong solely to the blog owner and do not represent those of Plus Accounting. All content provided on this blog is for informational purposes only. The owner of this blog makes no representations as to the accuracy or completeness of any information on this site or found by following any link on this site.
Date published: 26 June 2025