s 384B Companies excluded from being treated as micro-entities
(1) The micro-entity provisions do not apply in relation to a company’s accounts for a particular financial year if the company ... at any time within that year— (a) was a company excluded from the small companies regime by virtue of section 384, (b) would have been an investment undertaking as defined in Article 2(14) of Directive 2013/34/ EU of 26 June 2013 on the annual financial statements etc. of certain types of undertakings were the United Kingdom a member State , (c) would have been a financial holding undertaking as defined in Article 2(15) of that Directive were the United Kingdom a member State , (d) a credit institution within the meaning given by Article 4(1)(1) of Regulation ( EU ) No. 575/2013 of the European Parliament and of the Council, which is a CRR firm within the meaning of Article 4(1)(2A) of that Regulation, (e) would have been an insurance undertaking as defined in Article 2(1) of Council Directive 91/674/EEC of 19 December 1991 on the annual accounts of insurance undertakings were the United Kingdom a member State , or (f) was a charity. (2) The micro-entity provisions also do not apply in relation to a company’s accounts for a financial year if — (a) the company is a parent company which prepares group accounts for that year as permitted by section 399(4) , or (b) the company is not a parent company but its accounts are included in consolidated group accounts for that year.