Abridged Accounts

lemeister

I recently needed to check out accounts filed with the CRO for a small company and all that the CRO had was an abridged balance sheet.

Do companies not also need to file a P&L? Or what is the criteria for just needing to file abridged balance sheets?

mrfuncle

When you are filling a B1 and set of accounts with the CRO you only need to submit a an abridged set of accounts which comprimises of Balance Sheet, Directors Report and Notes to the accounts. ( if you are Audit Exempt):D:D

You dont have to include a P&L.

Hope this helps

lemeister

Thanks mrfuncle. So there is no way of finding out an audit exempt companies turnover from the CRO so?

mrfuncle

The details for the audit exemption should be at the link below!


http://www.cro.ie/en/annual-return-audit-exemption.aspx

lemeister

Is there any way of finding out a companys turnover which is under the €7.3m audit exemption limit??

Kanchelskis

lemeister wrote: »

Is there any way of finding out a companys turnover which is under the €7.3m audit exemption limit??

No - not if they are audit exempt. Even if they are not audit exempt they do not have to publish t/over if they are a small or medium company.