I hope this helps. A small company is exempt from audit unless the shareholders request it. If it is a financial company, there is an audit. I am not sure that that helps.
Companies, Partnerships and Groups (Accounts and Reports) Regulations 2015
Proceeding contribution from
Baroness Neville-Rolfe
(Conservative)
in the House of Lords on Monday, 23 March 2015.
It occurred during Debates on delegated legislation on Companies, Partnerships and Groups (Accounts and Reports) Regulations 2015.
Type
Proceeding contribution
Reference
760 c344GC 
Session
2014-15
Chamber / Committee
House of Lords Grand Committee
Librarians' tools
Timestamp
2015-03-30 14:25:07 +0100
URI
http://hansard.intranet.data.parliament.uk/Lords/2015-03-23/15032317000038
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