{
  "url": "https://openlegislation.uk/charities-act-2011/section-133",
  "json_url": "https://openlegislation.uk/charities-act-2011/section-133.json",
  "legislation": "ukpga/2011/25",
  "legislation_title": "Charities Act 2011",
  "legislation_url": "https://openlegislation.uk/charities-act-2011",
  "path": "section/133",
  "kind": "section",
  "number": "133",
  "heading": "Account and statement an option for lower-income charities",
  "text": "If a charity's gross income in any financial year does not exceed £500,000 the charity trustees may, in respect of that year, elect to prepare—\n(a) a receipts and payments account, and\n(b) a statement of assets and liabilities,\ninstead of a statement of accounts under section 132(1).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Sum in s. 133 substituted (30.9.2026) by The Charities Acts 1992 and 2011 (Substitution of Sums) Order 2026 (S.I. 2026/427), arts. 1(1), 3(3) (with art. 5(6))"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2011/25/section/133",
    "retrieved_at": "2026-10-29T09:09:07.149597+00:00",
    "licence": "OGL-UK-3.0",
    "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
    "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
  }
}