As the winds of change blow through the accountancy community in the UK, there remains confusion surrounding not only the applicable financial reporting frameworks which apply to company reporting but also the options and formats that companies may choose to lodge their financial results with Companies House. The changes and differences generally apply to those companies defined as ‘small’ under company law.

Towards the end of 2016 there was a reported surge in the number of accounts rejected by Companies House. There was much debate as to whether this was a result of confusion both at Companies House and within the accountancy profession, regarding the nature of the filings required, or, due to issues internally at Companies House.