FRED 88 FRS 101 Reduced Disclosure Framework – 2025/26 cycle

Published: 1 October 2025

Response deadline: 16 January 2026

Consultation document
Links to PDFs open in new tabs
Title FRED 88 FRS 101 Reduced Disclosure Framework – 2025/26 cycle
Format pdf, 225.3 KB

Overview

The FRC proposes no amendments to FRS 101 as a result of its latest annual review.

Comments on FRED 88 are requested by 16 January 2026.

Outcome

On 21 May 2026, the FRC issued 'Amendments to FRS 101 Reduced Disclosure Framework – 2025/26 cycle', which brought to a close the 2025/26 annual review of FRS 101 ’Reduced Disclosure Framework’.

No amendments were made to FRS 101 in respect of new IASB pronouncements 'Contracts Referencing Nature-dependent Electricity—Amendments to IFRS 9 and IFRS 7' and 'Amendments to IFRS 19 Subsidiaries without Public Accountability: Disclosures'.

Drafting improvements were however made to better set out certain aspects of FRS 101, and for consistency with ‘Amendments to FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime – Adapted formats’ (issued in February 2026).

Documents
Name Amendments to FRS 101 Reduced Disclosure Framework – 2025/26 cycle
Publication date 21 May 2026
Type Amendment
Format PDF, 202.1 KB
Name Feedback Statement and Impact Assessment – Amendments to FRS 101 Reduced Disclosure Framework – 2025/26 cycle
Publication date 21 May 2026
Type Feedback paper
Format PDF, 249.1 KB. View HTML version

Annex: Consultation responses

Responses received
Links to PDFs open in new tabs
Title 01 PwC response to FRED 88
Format pdf, 113.1 KB
Title 02 KPMG response to FRED 88
Format pdf, 145.8 KB
Title 03 Deloitte response to FRED 88
Format pdf, 131.4 KB
Title 04 EY response to FRED 88
Format pdf, 321.0 KB
Title 05 ICAS response to FRED 88
Format pdf, 219.1 KB
Title 06 CAI response to FRED 88
Format pdf, 97.2 KB
Title 07 ICAEW response to FRED 88
Format pdf, 188.7 KB
Title 08 Grant Thornton response to FRED 88
Format pdf, 161.2 KB
Title 09 Forvis Mazars LLP response to FRED 88
Format pdf, 208.2 KB
Title 10 Price Bailey response to FRED 88
Format pdf, 659.2 KB
Title 11 Association of Practising Accountants response to FRED 88
Format pdf, 297.7 KB

Consultation status: closed