# The Companies (Accounts and Reports) (Amendment and Transitional Provision) Regulations 2024, Regulation 9: Chapter 1 of Part 15 (accounts and reports: introduction)


(1) In section 382(3) (companies qualifying as small: general), in the second column of the table—
(a) for “Not more than £10.2 million” substitute “Not more than £15 million”;
(b) for “Not more than £5.1 million” substitute “Not more than £7.5 million”.
(2) In section 383(4) (companies qualifying as small: parent companies), in the second column of the table—
(a) for “Not more than £10.2 million net (or £12.2 million gross)” substitute “Not more than £15 million net (or £18 million gross)”;
(b) for “Not more than £5.1 million net (or £6.1 million gross)” substitute “Not more than £7.5 million net (or £9 million gross)”.
(3) In section 384A(4) (companies qualifying as micro-entities), in the second column of the table—
(a) for “Not more than £632,000” substitute “Not more than £1 million”;
(b) for “Not more than £316,000” substitute “Not more than £500,000”.

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Source: https://www.legislation.gov.uk/uksi/2024/1303/regulation/9 (the official version)
Page: https://openlegislation.uk/companies-accounts-and-reports-amendment-and-transitional-provision-regulations-2024/regulation-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.