{
  "url": "https://openlegislation.uk/eu-directive-2013-34/article-14",
  "json_url": "https://openlegislation.uk/eu-directive-2013-34/article-14.json",
  "legislation": "eudr/2013/34",
  "legislation_title": "Directive 2013/34/EU of the European Parliament and of the Council of 26 June 2013 on the annual financial statements, consolidated financial statements and related reports of certain types of undertakings, amending Directive 2006/43/EC of the European Parliament and of the Council and repealing Council Directives 78/660/EEC and 83/349/EEC (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-directive-2013-34",
  "path": "article/14",
  "kind": "article",
  "number": "14",
  "heading": "Simplifications for small and medium-sized undertakings",
  "text": "1. Member States may permit small undertakings to draw up abridged balance sheets showing only those items in Annexes III and IV preceded by letters and roman numerals, disclosing separately:\n(a) the information required in brackets in D (II) under ‘Assets’ and C under ‘Capital, reserves and liabilities’ of Annex III, but in the aggregate for each; or\n(b) the information required in brackets in D (II) of Annex IV.\n2. Member States may permit small and medium-sized undertakings to draw up abridged profit and loss accounts within the following limits:\n(a) in Annex V, items 1 to 5 may be combined under one item called ‘Gross profit or loss’;\n(b) in Annex VI, items 1, 2, 3 and 6 may be combined under one item called ‘Gross profit or loss’.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eudr/2013/34/article/14",
    "retrieved_at": "2026-11-01T15:21:53.041084+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "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."
}