419. Filing obligations of companies entitled to small companies exemption: additional requirements
(1) Where a company prepares accounts which are deliverable to the Registrar under section 418—
(a) the directors may deliver to the Registrar a copy of a balance sheet drawn up as prescribed in rules made by the Board, and
(b) there may be omitted from the copy of the profit and loss account delivered to the Registrar such items as may be specified by the rules made under subsection (1)(a).
(2) Where the directors of a company subject to the small companies regime deliver to the Registrar accounts, and in accordance with section 418—
(a) do not deliver to the Registrar a copy of the company's profit and loss account, or
(b) do not deliver to the Registrar a copy of the directors' report,
the copy of the balance sheet delivered to the Registrar must contain in a prominent position a statement that the company's annual accounts and reports have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.