Companies House has announced upcoming changes to how small companies will file their accounts. These updates are part of a wider move toward greater transparency and better‑quality financial data.
What’s changing
From April 2028:
- small companies will need to file a profit and loss account
- software filing becomes mandatory (no paper or web‑based submissions)
- smaller entities will have the option to keep their P&L off the public register — with more detail still to come
Why it matters for social enterprises
For purpose‑driven organisations, this direction of travel is familiar:
- clearer financial reporting
- stronger trust with stakeholders
- better visibility for regulators
The balance between transparency and sensitivity remains important, especially where income streams or delivery models are commercially nuanced.
The takeaway
No immediate action is required, but this is another step toward a system where impact, accountability and financial clarity sit more closely together.