UK reporting 2023/24 - recent developments and guidance for large unlisted companies and LLPs

This briefing aims to help large unlisted UK companies and LLPs prepare their 2023/24 annual reports. It outlines the new requirement for large companies and LLPs to make climate-related financial disclosures in their annual reports this year and extracts key points from the Financial Reporting Council’s annual review of corporate reporting and its thematic review of reporting by large UK private companies. 

The briefing also notes possible future developments including UK proposals to streamline non-financial reporting, and new EU rules for sustainability disclosures which may affect non-EU entities.