Template
Board Minutes Approving the Micro Entity Accounts
Uphold accurate corporate record-keeping when approving your company’s statutory accounts.
- Confirm directors’ approval of the accounts
- Reflects Section 394 of the Companies Act 2006
- Properly document the resolution in board meeting minutes
Resolution TemplatePreview Template
COMPANY NAME LIMITED
Company Number: <<Company Registration Number>>
Registered Office Address: <<Address Line 1, Address Line 2, Town, County, Postcode>>
MINUTES OF MEETING OF THE DIRECTORS
Date Held: << Date >>
Venue:
<< Address Line 1 >>
<< Address Line 2 >>
<< Town >>
<< County >>
<< Postcode >>
Present:
- << Officer Name 1 >> (Director)
- << Officer Name 2 >> (Director)
- << Officer Name 3 >> (Director)
1. Notice and Quorum
The Chairperson confirmed that all directors had been given proper notice of the meeting, in accordance with the Company’s Articles of Association. As a quorum was present, the Chairperson declared the meeting open.
2. Approval of Statutory Accounts
The statutory accounts of the Company for the financial period ended << Insert Balance Sheet Date >> were presented to the meeting and reviewed by the directors. The following matters were noted:
- In compliance with Section 394 of the Companies Act 2006, the directors are required to prepare accounts for the Company for each financial year.
- For the period ending << Insert Balance Sheet Date >>, the Company qualified for audit exemption under Section 477 of the Companies Act 2006, applicable to small companies.
- The shareholders/members of the Company have not requested an audit of the financial statements for the period ended << Insert Balance Sheet Date >>, in accordance with Section 476 of the Companies Act 2006.
- The statutory accounts have been prepared in accordance with FRS 105 – The Financial Reporting Standard applicable to the Micro-Entities Regime.
The directors, having reviewed the statutory accounts and being satisfied that they present a true and fair view of the Company’s financial position for the period ended << Insert Balance Sheet Date >>, resolved to approve the accounts. It was further resolved that << Name of Director Signing Accounts >> be authorised to sign the accounts on behalf of the board of directors.
3. Filing of Statutory Accounts
It was resolved that the approved statutory accounts be filed with Companies House. It was further noted that, in accordance with the special provisions applicable to companies subject to the small companies’ regime, the Income Statement and Directors’ Report need not be delivered to the Registrar of Companies.
4. Closure of Meeting
There being no further business to discuss, the meeting was formally closed.
Signed:
_____________________________
<< Name of Chairperson >>
Chairperson
Dated:<< Date >>
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Micro Entity Statutory Accounts Approval Resolution Template
Simplify the process of approving your company’s statutory accounts for a micro entity with our board minutes template. Download and customise it to fit your company’s needs.
Use Template for Approving Statutory Accounts
Get started with our professionally drafted board minutes template for clear, proper documentation.
- Clear structure for formal board approval
- Customisable format to include specific company details
- Structured around Companies Act 2006 requirements
- Simplifies filing with step-by-step documentation
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| Features | Pre-built Template | Sign Up & Use Advanced Features |
|---|---|---|
| Professionally Written Clauses | Available | Available |
| Personalised Editing | Manual editing required | Simple live editing available |
| Team Collaboration | Not available | Built-in collaboration tools available |
| Automated Updates & Notifications | Not available | Available for compliance tracking |
| Centralised Document Management | Manual offline management required | All-in-one intuitive platform |
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What is a board resolution to approve the statutory accounts for a micro entity?
It is a formal document recording the directors’ decision to approve the company’s statutory accounts for a specific financial period and authorising their filing with Companies House.
How do I customise this resolution for my company?
Simply insert your company details, the balance sheet date, and the names of the directors present. A structured template simplifies the process.
Can the statutory accounts for a micro entity be filed at any time?
Statutory accounts should be filed in compliance with the filing deadlines set by Companies House. Confirm that all required information is properly documented.
What form needs to be filed with Companies House?
The approved statutory accounts must be submitted, ensuring no Income Statement or Directors’ Report is required for micro entities under the small companies’ regime.
No question matches that.