Micro accounts for a charitable company

Can they file Micro accounts?

Didn't find your answer?

A charitable company I have some connection with has just filed it's first set of accounts - taking micro entity exemptions.

Reading here - https://www.gov.uk/government/publications/life-of-a-company-annual-requ...

Section 10.2 seems to indicate this is not allowed?

To give a little more detail:
Incorporated October 2015, first accounts to October 2016 just filed now.
Registered with the Charity commission from January 2016 as a charity.
Commenced formal charitable activities in late December 2016 (after first year end).

I'm struggling to see why they would be able to file micro entity accounts (Companies House - chocolate teapot when it comes checking these things) which they've done electronically.

Is it because they weren't 'active' until after the first year end perhaps? Or a genuine mistake by the accountants?

Replies (4)

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RLI
By lionofludesch
18th Jul 2017 09:51

No - they can't do that. They must use FRS102.

The Charity Commission will be round for a "chat" if they notice.

Or if somebody dobs the charity in.

I doubt if CoHo are set up to pick out charities - it's not their job really.

What's been filed with the Charity Commission?

Thanks (1)
Replying to lionofludesch:
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By thevaliant
18th Jul 2017 09:58

Nothing has been filed with the charity commission yet. I don't think the first accounts are yet due there.

I'll probably alert the trustees. They are friends (hence why I'm not doing the accounts but am keeping an eye on them).

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Replying to thevaliant:
RLI
By lionofludesch
18th Jul 2017 10:13

Well, hurry up. Their first accounts are due with the Charity Commissioners in six weeks' time.

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Replying to lionofludesch:
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By Paul Crowley
22nd Jun 2020 21:05

Agree all points

Charity commision understand the rules

Companies House do not. The accounts will be readily accepted by companies house

If they are new to charities they may not undestand one of the questions on return.

Are the accounts qualified?

common answer is yes

because the accountants really are qualified

Commision will not spot the error and will * the years and below will state
ye 2019 accounts are qualified

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