(1) The directors of a company subject to the small companies regime—
(a) must deliver to the registrar for each financial year a copy of [the balance sheet] drawn up as at the last day of that year, and
(b) may also deliver to the registrar—
(i) a copy of the company's profit and loss account for that year, and
(ii) a copy of the directors' report for that year.
(2) [Where the directors deliver to the registrar a copy of the company's profit and loss account under subsection (1)(b)(i),] tthe directors must also deliver to the registrar a copy of the auditor's report on [the accounts (and any directors' report) that it delivers].
This does not apply if the company is exempt from audit and the directors have taken advantage of that exemption.
[(2A) Where the balance sheet or profit and loss account is abridged pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors' Report) Regulations (SI 2008/409), the directors must also deliver to the registrar a statement b
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