Abbreviated accounts
From ACT Wiki
1.
UK Company law.
In order to reduce administrative burdens on small companies in the UK, they are not required under UK company law to produce full accounts for public filing at Companies House. Instead they are allowed to prepare and file shorter-form 'abbreviated accounts'.
Medium sized companies can also file abbreviated accounts if they fulfill certain requirements.
However, fuller-form and more detailed company accounts are still required for other purposes. For example for tax purposes and for reporting to the shareholders.
2.
Similarly shortened versions of accounts produced in other jurisdictions, or for other limited purposes.
