Ned
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FRSSE balance sheet

Am I correct in thinking that a company whose accounts are prepared under FRSSE is only required to have one director sign the balance sheet ?

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08th Feb 2013 13:24

Yes

... but it is nothing to do with the FRSSE.  It is a requirement of s.414 CA 2006 that the accounts are approved by the board of directors and signed on its behalf by a director.

Companies with a sole director could never have more than one director signing the balance sheet.  Companies with more than one director need only nominate one of their number at their board meeting to sign the company's accounts.

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By Ned
08th Feb 2013 13:26

Signing balance sheet

Great, thanks for your prompt response

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