Audit threshold
A company is treated as small (or medium-sized) if it does not exceed more than one of the following criteria:
| Small | Medium-sized | |
| Turnover | £6.5 million | £25.9 million |
| Balance sheet total | £3.26 million | £12.9 million |
| Average number of employees (on a monthly basis) | 50 | 250 |
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