UK Balance Sheet Template
A free UK balance sheet template aligned to FRS 102, with a live check that total assets equal equity plus liabilities.
- Accounting standard
- FRS 102 (UK GAAP)
- Financial year
- Company accounting reference period (commonly 31 Mar or 31 Dec); tax year 6 Apr–5 Apr
- Currency
- GBP (£)
- Filed with
- Companies House & HMRC
| 2026 | 2025 | |
|---|---|---|
| Fixed assets | £365,000 | £365,000 |
| Tangible assets (property, plant & equipment) | £320,000 | £320,000 |
| Intangible assets | £45,000 | £45,000 |
| Current assets | £225,000 | £225,000 |
| Stocks | £60,000 | £60,000 |
| Debtors | £90,000 | £90,000 |
| Cash at bank and in hand | £75,000 | £75,000 |
| Total assets | £590,000 | £590,000 |
| Creditors: amounts falling due within one year | £88,000 | £88,000 |
| Trade creditors | £70,000 | £70,000 |
| Taxation and social security | £18,000 | £18,000 |
| Creditors: amounts falling due after one year | £120,000 | £120,000 |
| Bank loans | £120,000 | £120,000 |
| Capital and reserves | £382,000 | £382,000 |
| Called up share capital | £50,000 | £50,000 |
| Profit and loss account (retained earnings) | £332,000 | £332,000 |
| Total equity and liabilities | £590,000 | £590,000 |
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How to Fill In a UK Balance Sheet Template
A balance sheet, formally called a statement of financial position under FRS 102, shows what a company owns and owes at a single point in time — usually its accounting reference date. Unlike the profit and loss account, which covers a period, the balance sheet is a snapshot.
Because it must always balance, with total assets equal to total equity plus liabilities, it’s also a useful check on the accuracy of your other records.
What is a balance sheet?
A balance sheet lists a company’s assets (what it owns), liabilities (what it owes) and equity (the owners’ residual interest) as at a specific date. Every UK company preparing statutory accounts must include a balance sheet, and it is the one statement micro-entities under FRS 105 are required to file with Companies House even if they file nothing else.
What to include
- Fixed assets — tangible assets such as property, plant and equipment, plus intangible assets, held for long-term use in the business.
- Current assets — stocks, debtors and cash at bank and in hand, expected to be turned into cash within a year.
- Total assets — the sum of fixed assets and current assets.
- Creditors: amounts falling due within one year — trade creditors and taxation and social security owed short-term.
- Creditors: amounts falling due after one year — longer-term obligations such as bank loans.
- Capital and reserves — called up share capital and the profit and loss account (retained earnings) representing shareholders’ equity.
- Total equity and liabilities — the sum of both creditor categories and capital and reserves, which must equal total assets.
Step-by-step guide
- List tangible assets such as property, plant and equipment, and any intangible assets, to build up fixed assets.
- List stocks, debtors and cash at bank and in hand to build up current assets, then check the total assets subtotal.
- Enter trade creditors and any taxation and social security owed within the next year under creditors due within one year.
- Enter bank loans or other long-term obligations under creditors due after one year.
- Enter called up share capital and the profit and loss account (retained earnings) balance under capital and reserves.
- Add the two creditor categories to capital and reserves to reach total equity and liabilities.
- Check that total assets equals total equity and liabilities — the template’s live balance check will flag any mismatch.
- Compare the current period against the prior year comparative column to spot unusual movements.
UK-specific rules
Every UK company preparing statutory accounts must produce a balance sheet as at its accounting reference date, and it must be signed by a director on behalf of the board before filing. Under FRS 102, most companies present the standard format shown here, while small companies can use the abridged Section 1A balance sheet and micro-entities under FRS 105 file an even more condensed version.
Companies House will reject accounts where the balance sheet does not balance, so the assets-equal-equity-plus-liabilities check built into this template mirrors a real validation step in the statutory filing process.