General rulesU.K.
1.—(1) Subject to sub-paragraphs (1) and (2), group accounts must comply so far as practicable with the provisions of Schedule 1 to these Regulations (Companies Act individual accounts) as if the undertakings included in the consolidation (“the group”) were a single company.
(2) For item B.III in each balance sheet format set out in [F1Section B of Part 1 of ] that Schedule substitute—
| “B. | III. | Investments | ||
| 1. | Shares in group undertakings | |||
| 2. | Interests in associated undertakings | |||
| 3. | Other participating interests | |||
| 4. | Loans to group undertakings and undertakings in which a participating interest is held | |||
| 5. | Other investments other than loans | |||
| 6. | Others”. | |||
(3) In the profit and loss account formats [F2in Section B of Part 1 of that Schedule] replace the items headed “Income from participating interests”, that is—
(a)in Format 1, item 8,
(b)in Format 2, item 10,
(c)in Format 3, item B.4, and
(d)in Format 4, item B.6,
by two items: “Income from interests in associated undertakings” and “Income from other participating interests”.
Textual Amendments
F1Words in Sch. 6 para. 1(2) inserted (with effect in accordance with reg. 2(2) of the amending S.I.) by The Small Companies (Micro-Entities Accounts) Regulations 2013 (S.I. 2013/3008), regs. 2(1), 12(a)(i) (with reg. 3)
F2Words in Sch. 6 para. 1(3) inserted (with effect in accordance with reg. 2(2) of the amending S.I.) by The Small Companies (Micro-Entities Accounts) Regulations 2013 (S.I. 2013/3008), regs. 2(1), 12(a)(ii) (with reg. 3)