"Total Exemption Small" vs "Total Exemption Full"

Julian

Free Member
Jun 27, 2007
98
17
London
I just looked at a couple of companies on the companies house web site, both of which I know to be small (revenue under £250K) companies; one shows "TOTAL EXEMPTION FULL" next to the accounts whereas the other shows "TOTAL EXEMPTION SMALL" next to the accounts.

I am involved in a new company that is trying not to portray the image of a back-bedroom operation (ultimately we hope to move into commercial premises but until we get some sales that is not a possibility) so when first year accounts are filed (which will show zero revenue because the product is still under development) I'd rather have them marked on the Companies House web site as "TOTAL EX.... FULL" rather than "TOTAL EX.... SMALL" if possible.

Could anyone briefly explain what affects whether the exemption is listed as "full" or "small" on companies house, whether there is any discretion to chose which one is listed, and what the down sides might be of going for "full" (e.g. more expensive to prepare)?

Thanks.

- Julian
 

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