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Welcome to our Support

October 2025

Lorraine Keogh
  • Updated

We are happy to announce that in this update we have introduced :

  • UK Companies: Group Accounts IXBRL filing under Companies House & HMRC
  • Company Template, New Lease Accounting model for FRS 102 Applicable to accounts commencing January 2026 for UK and Ireland
  • UK Charities - CIO Community Incorporated Organizations option

UK COMPANY GROUP ACCOUNTS IXBRL FILING UNDER COMPANIES HOUSE AND HMRC

We’ve introduced the ability to create and send group iXBRL accounts under Companies House and HMRC.

We have introduced the implementation of Group iXBRL accounts filing for HMRC and Companies House submissions. This enhancement aligns with the latest FRC 2024 taxonomies as published by the Financial Reporting Council (FRC) and adopted by HMRC and Companies House. The update is specifically tailored for UK and Northern Ireland Company templates under FRS 102. 

Key Features:

  •  Supports audited accounts, audit-exempt accounts, 
  •  Ensures correct FRS 102 taxonomy tagging for structured, machine-readable filings. 

  •  Provides enhanced error validation, helping users avoid rejected submissions. 

    How to Use:

    For successful submissions to authorities like Revenue or HMRC, ensure correct configuration of specific fields such as the 'Other Ref' field for Revenue's Company number, and 'CT Ref' for Country of Incorporation's dataset. Additionally, select the correct FRS reporting option (FRS 102) as applicable.

     1.Navigate to Compliance Database Legislation, Compliance and Disclosure Accounting Options. 

    2.Ensure your entity is configured under FRS 102 or FRS 102 Section A where applicable.

     3.Prepare and submit accounts through the integrated HMRC and Companies House iXBRL filing system.

For more details click here.Shape 

UK AND IE - COMPANY TEMPLATE, NEW LEASE ACCOUNTING MODEL FOR FRS102

We’ve introduced the new Lease accounting changes model for FRS102 companies for accounting periods commencing January 2026. The Financial Reporting Council (FRC) has introduced significant amendments to FRS 102 to incorporate a New Lease Accounting model, aimed at enhancing transparency and comparability in financial reporting related to lease arrangements. 

Key Features:

  • Jurisdiction Requirement: The Country of Incorporation should be Ireland, United Kingdom, or Northern Ireland. 
  • Financial Reporting Standard: Select either FRS 102 or FRS 102 Section 1A.
  • Aimed at enhancing transparency and comparability in financial reporting related to lease arrangements

How to Use:

1.Compliance Database Option: A new option will be available in the Compliance Database. Navigate to: Compliance Database > Legislation, Compliance and Disclosure > Accounting Options 

2.Enable the checkbox: Follow FRS 102 Lease Accounting Standard for Accounting Periods Commencing on or After 1 January 26 

Note: The above option will be available if any assets are acquired on lease, and postings should be made under Nominal 922 (Long Term Lease Obligations).

For more details click here.Shape

UK CHARITIES - CIO - COMMUNITY INCORPORATED ORGANISATIONS OPTION

We’ve introduced the option to produce accounts with the appropriate references for UK Charity Accounts reporting under the CIO Community Incorporated Organisations. This format, available exclusively under the Charity Template, ensures compliance with the Charities Act 2011, guidance issued by the Charity Commission for England and Wales, and the applicable Statement of Recommended Practice (SORP) for Charities, by automatically including appropriate section citations throughout the accounts where applicable.

Prerequisites :
• Jurisdiction Requirement: The Country of Incorporation must be UK, England or Wales. 
• Charity Template: The option is only available when using the Charity Template. 
• Financial Reporting Standard: It is strongly recommended to have either Follow FRS 102 or Follow FRS 102 Section A selected in the accounting options 
 
SORP Applicability: • CIOs preparing accruals accounts and having gross income over £250,000 must follow the Charites SORP. 
• CIOs with income of £250,000 or less may use receipts and payments accounts and are not required to follow SORP. 
 
How to use: Activating the CIO Format To activate the Charitable Incorporated Organisation format: 1. Navigate to Compliance Database > Legislation, Compliance and Disclosure > Accounting Options 
2. Locate and check the option - Follow Charitable Incorporated Organisation
 
Implementation:
 When properly configured, the system will automatically incorporate appropriate section representations throughout the accounts wherever applicable, ensuring compliance with the Charities Act 2011, Charity Commission guidance, and the Charities SORP. This streamlines the accounts production process for CIOs while maintaining regulatory compliance.

 

For more details click here.Shape