# The Companies Act 2006 (Amendment) (Accounts and Reports) Regulations 2008, Regulation 4: Conditions for company or group to qualify as medium-sized


(1) In the table in section 465(3) of the 2006 Act (conditions to be met by company to qualify as medium-sized)—
(a) in item 1 (turnover) for “Not more than £22.8 million” substitute “Not more than £25.9 million”, and
(b) in item 2 (balance sheet total) for “Not more than £11.4 million” substitute “Not more than £12.9 million”.
(2) In the table in section 466(4) of the 2006 Act (conditions to be met by group for parent company to qualify as medium-sized)—
(a) in item 1 (aggregate turnover) for “Not more than £22.8 million net (or £27.36 million gross)” substitute “Not more than £25.9 million net (or £31.1 million gross)”, and
(b) in item 2 (aggregate balance sheet total) for “Not more than £11.4 million net (or £13.68 million gross)” substitute “Not more than £12.9 million net (or £15.5 million gross)”.

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Source: https://www.legislation.gov.uk/ukdsi/2008/9780110806228/regulation/4 (the official version)
Page: https://openlegislation.uk/draft-companies-act-2006-amendment-accounts-and-reports-regulations-2008/regulation-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.