Micro Entity Accounts are Better than Full Company Accounts

For many small businesses in the UK, preparing and filing annual accounts can be daunting. While larger companies are required to file full company accounts, smaller companies often qualify for a simpler, more efficient alternative — micro entity accounts. Surprisingly to some, micro entity accounts can be more reliable for small businesses than full accounts.

At Micro Entity Accounts, we specialise in helping micro and small companies across the UK prepare and file their accounts accurately, efficiently, and in compliance with FRS 105 standards. In this article, we’ll explain why micro entity accounts are not just simpler, but often more reliable for small business owners.