Section 57 Statements about exemption from audit requirementsI1

In section 475 of the Companies Act 2006 (requirement for audited accounts), for subsection (2) substitute—

“(2)

A company is not entitled to any such exemption unless its balance sheet contains a statement by the directors—

(a)

identifying the exemption in question, and

(b)

confirming that the company qualifies for the exemption.”