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FRS 102 1A Software

Small company accounts software.

Take full control of your statutory reporting. Our platform handles the richer disclosure set required by FRS 102 Section 1A while keeping the filing process intuitive.

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Explore more: Micro-Entity Accounts • All Accounts Info
ELIGIBILITY

Do you qualify as a small company?

Your company must meet at least two of the three size thresholds for two consecutive years to qualify for the small companies regime. If you exceed these, you must prepare full FRS 102 accounts.

Periods beginning before 6 April 2025

  • Turnover of £10.2 million or less
  • Balance sheet total of £5.1 million or less
  • 50 or fewer employees on average

Periods beginning on/after 6 April 2025

  • Turnover of £15 million or less
  • Balance sheet total of £7.5 million or less
  • 50 or fewer employees on average
REPORTING

Richer disclosures, simplified

Small company accounts require significantly more detail than micro-entity accounts. WeFile structures these requirements into a logical flow.

What FRS 102 1A accounts include

We support detailed balance sheet presentations including intangible fixed assets as their own line, complete with an amortisation movements note. You can add tangible fixed asset movements with a depreciation policy, and break down your debtors and creditors between amounts falling due within and after one year. Stock, provisions, and share capital notes are fully integrated, alongside comparative prior-period figures.

Filleted accounts and the P&L

A small company can choose to omit its profit & loss account and directors' report from the version filed at Companies House to protect commercial privacy. WeFile handles this distinction perfectly — generating the "filleted" version for the public register while passing the full accounts to HMRC.

Micro-entity or small?

If you qualify as a micro-entity, you might prefer the simpler FRS 105 standard. FRS 102 1A is ideal if you need to present more detailed financials to lenders or investors.

Connecting to the CT600

The detailed breakdown required for small company accounts feeds seamlessly into our tax computation engine. Learn more about how we unify the workflow in our filing online guide.

PRICING

File your small company accounts

Dormant Company

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  • Companies House Filing
  • CT600 Nil Return
  • Generated iXBRL Accounts
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Trading Company

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  • Full CT600 Return
  • Companies House Accounts
  • CT600A and CT600E Support
  • Auto Tax Calculation
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Accountant Membership

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  • Up to 100 Filings
  • Priority Support
  • Client Management
  • All Filing Types Included
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FAQ

Frequently asked questions

It is the reporting standard applicable to Small Entities in the UK. It requires more comprehensive disclosures than the micro-entity regime but is less burdensome than full FRS 102 accounts.
A small company can choose to 'fillet' its accounts before submitting them to Companies House, meaning the profit and loss account and the directors' report are omitted from the public record.
Generally, no. As long as your company meets the small company size thresholds and is not in an ineligible group, you can claim audit exemption.
While you don't have to file the P&L with Companies House (by filleting), you are legally required to prepare one and you must submit it to HMRC as part of your CT600 return.
Abridged accounts collapse certain balance sheet items and require unanimous shareholder consent. Filleted accounts simply remove the P&L from the public register. WeFile supports standard filleted accounts.
Yes. Our software guides you through the necessary note disclosures and manages the required iXBRL tagging, making self-filing highly accessible.
HMRC requires your full statutory accounts including the profit and loss account, whereas Companies House only needs the filleted version. WeFile separates these payloads automatically from your single data entry.