Abridged accounts definition

What does Abridged accounts mean?

The Companies, Partnerships and Groups (Accounts and Reports) Regulations 2015 (SI 2015/980) which came into force on 6 April 2015 and apply to financial years beginning on or after 1 January 2016 (or earlier if the company so decides) permit small companies to prepare an abridged balance sheet and abridged profit and loss account if approved by all of the company's shareholders.

Discover our 10 Practice Notes on Abridged accounts

See the 3 Q&As about Abridged accounts

Read the latest 2 News articles on Abridged accounts

Speed up all aspects of your legal work with tools that help you to work faster and smarter. Win cases, close deals and grow your business–all whilst saving time and reducing risk.

  Case studies

"While we began looking at LexisNexis products primarily for cost saving, it quickly became more about customer service, ease of onboarding, ongoing training and breadth of resources available."


Access all documents on Abridged accounts