The landscape is changing for large private companies, in terms of corporate governance and the areas that they need to report on in their annual reports. While this is likely to be familiar territory for very large private companies, our briefing note aims to give an overview of the main new reporting requirements, particularly for those private companies which may need to address these areas for the first time in 2020.

The Companies (Miscellaneous Reporting) Regulations 2018 (Regulations) introduce new requirements for content in the annual report. These apply for financial years beginning on or after 1 January 2019, but are not applicable to LLPs. In addition, large private companies and LLPs are required by the Companies (Directors’ Report) and Limited Liability Partnerships (Energy and Carbon Report) Regulations 2018 to make disclosures on their UK greenhouse gas emission, energy consumption and energy efficiency. These energy disclosures apply to accounting periods commencing on or after 1 April 2019. 

For our in-depth corporate guide on 'New reporting requirements for large private companies', please click on the briefing note download button to the left.

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