comply with the provisions of Schedule 8, or

fail to comply with those provisions only in so far as they comply instead with one or more corresponding provisions of Schedule 4,

may give the total of the aggregates required by paragraphs (a), (c) and (d) of paragraph 1(1) of Schedule 6 (emoluments and other benefits etc. of directors) instead of giving those aggregates individually; and

sections 234ZZA(1)(c) (directors' report: amount to be paid as dividend) and 234ZZB (directors' report: business review);

paragraph 1(2) of Schedule 7 (statement of market value of fixed assets where substantially different from balance sheet amount);

paragraph 5A of Schedule 7 (disclosures relating to the use of financial instruments);

paragraph 6 of Schedule 7 (miscellaneous disclosures); or

paragraph 11 of Schedule 7 (employee involvement).

a copy of the company’s profit and loss account for the year;

a copy of the directors’ report for the year; and

if F9they prepare Companies Act individual accounts and they deliver a copy of a balance sheet drawn up as at the last day of the year which complies with the requirements of Schedule 8A, a copy of the company’s balance sheet drawn up as at that day.

paragraph 4 of Schedule 5 (financial years of subsidiary undertakings);

paragraph 6 of Schedule 5 (shares of company held by subsidiary undertakings);

Part I of Schedule 6 (directors’ and chairman’s emoluments, pensions and compensation for loss of office); or

section 390A(3) (amount of auditors’ remuneration).

accounts prepared in accordance with subsection (2) or (3),

a report prepared in accordance with subsection (4), and

a copy of accounts delivered to the registrar in accordance with subsection (5) or (6),

which includes a profit and loss account in which the following items listed in the profit and loss account formats set out in Part I of Schedule 4 are combined as one item under the heading “gross profit or loss”—

• Items 1, 2, 3 and 6 in Format 1;

• Items 1 to 5 in Format 2;

• Items A.1, B.1 and B.2 in Format 3;

• Items A.1, A.2 and B.1 to B.4 in Format 4;

which does not contain the information required by paragraph 55 of Schedule 4 (particulars of turnover).

in the case of the company’s first financial year, in that year, and

in the case of any subsequent financial year, in that year and the preceding year.

if it so qualified in relation to the previous financial year under F12subsection (1) above or was treated as so qualifying under paragraph (b) below; or

if it was treated as so qualifying in relation to the previous year by virtue of paragraph (a) and the qualifying conditions are met in the year in question.

in the case of IAS individual accounts, the aggregate of the amounts shown as assets in the balance sheet.

section 246(4) and (5)(b) and section 246A(2A) (provisions relating to directors' report) apply;

the other provisions of sections 246 and 246A do not apply.

it is a public company,

it has permission under Part 4 of the Financial Services and Markets Act 2000 to carry on one or more regulated activities, or

it carries on an insurance market activity.

a public company or a body corporate which (not being a company) has power under its constitution to offer its shares or debentures to the public and may lawfully exercise that power,

a person who has permission under Part 4 of the Financial Services and Markets Act 2000 to carry on a regulated activity, or

a person who carries on an insurance market activity.

the directors of a company propose to deliver to the registrar copies of accounts ( “abbreviated accounts”) prepared in accordance with section 246(5) or (6) or 246A(3) ( “the relevant provision”),

the directors have not taken advantage of the exemption from audit conferred by section 249A(1) or (2) F35or section 249AA, F36. . .

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

the company is entitled to deliver abbreviated accounts prepared in accordance with that provision, and

the abbreviated accounts to be delivered are properly prepared in accordance with that provision.

if that report was qualified, the special report shall set out that report in full together with any further material necessary to understand the qualification; and

a public company or a body corporate which (not being a company) has power under its constitution to offer its shares or debentures to the public and may lawfully exercise that power,

a person who has permission under Part 4 of the Financial Services and Markets Act 2000 to carry on a regulated activity, or

a person who carries on an insurance market activity.

has prepared individual accounts for a financial year in accordance with section 246(2) or (3), and

is preparing F39Companies Act group accounts in respect of the same year.

comply with the provisions of Schedule 8, or

fail to comply with those provisions only in so far as they comply instead with one or more corresponding provisions of Schedule 4,

in the case of the parent company’s first financial year, in that year, and

in the case of any subsequent financial year, in that year and the preceding year.

if it so qualified in relation to the previous financial year under F23subsection (1) above or was treated as so qualifying under paragraph (b) below; or

if it was treated as so qualifying in relation to the previous year by virtue of paragraph (a) and the qualifying conditions are met in the year in question.

if its financial year ends with that of the parent company, that financial year, and

if not, its financial year ending last before the end of the financial year of the parent company.

it qualifies as a small company in relation to that year for the purposes of section 246,

its turnover in that year is not more than F98£5.6 million, and

its balance sheet total for that year is not more than F99£2.8 million.

for the reference to turnover of a reference to gross income, and

for the reference to F98£5.6 million of a reference to £90,000.

it qualifies as a small company in relation to that year for the purposes of section 246,

its F93gross income in that year is more than £90,000 but not more than F94£250,000, and

its balance sheet total for that year is not more than £1.4 million .

it has been dormant since its formation, or

it has been dormant since the end of the previous financial year and subsection (2) applies.

is entitled in respect of its individual accounts for the financial year in question to prepare accounts in accordance with section 246, or would be so entitled but for the application of section 247A(1)(a)(i) or (b), and

is not required to prepare group accounts for that year.

a person who has permission under Part 4 of the Financial Services and Markets Act 2000 to carry on one or more regulated activities; or

a person who carries on insurance market activity

is required by section 221 to be entered in the company’s accounting records; but

is not a transaction to which subsection (6) or (7) applies.

a fee to the registrar on a change of name under section 28 (change of name),

a fee to the registrar on the re-registration of a company under Part II (re-registration as a means of altering a company’s status),

a penalty under section 242A (penalty for failure to deliver accounts), or

a fee to the registrar for the registration of an annual return under Chapter III of Part XI.

it was a public company,

it was a person who had permission under Part 4 of the Financial Services and Markets Act 2000 to carry on a regulated activity,

it carried on an insurance market activity,

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

it was an appointed representative, within the meaning of section 39 of the Financial Services and Markets Act 2000,

it was a special register body as defined in section 117(1) of the Trade Union and Labour Relations (Consolidation) Act 1992 or an employers’ association as defined in section 122 of that Act, or

it was a parent company or a subsidiary undertaking.

that the group qualifies as a small group, in relation to the financial year within which the period falls, for the purposes of section 249 F109(or if all bodies corporate in such group were companies, would so qualify) and is not, and was not at any time within that year, an ineligible group within the meaning of section 248(2),

that the group’s aggregate turnover in that year (calculated in accordance with section 249) is F110, where the company referred to in subsection (1B) is a charity, not more than £350,000 net (or £420,000 gross) F111or, where the company so referred to is not a charity, F112not more than £5.6 million net (or £6.72 million gross), and

that the group’s aggregate balance sheet total for that year (calculated in accordance with section 249) is F113not more than £2.8 million net (or £3.36 million gross) ).

F116to the effectthat for the year in question the company was entitled to exemption under subsection (1) or (2) F117. . . of section 249A F118or subsection (1) of section 249AA,

to the effect that members have not required the company to obtain an audit of its accounts for the year in question in accordance with subsection (2) of this section

the accounts of the company for the financial year in question are in agreement with the accounting records kept by the company under section 221, and

having regard only to, and on the basis of, the information contained in those accounting records, those accounts have been drawn up in a manner consistent with the provisions of this Act specified in subsection (6), so far as applicable to the company.

F124section 226A(3) and Schedule 4,

section 231 and paragraphs 7 to 9A and 13(1), (3) and (4) of Schedule 5, and

section 232 and Schedule 6,

the Institute of Chartered Accountants in England and Wales,

the Institute of Chartered Accountants of Scotland,

the Institute of Chartered Accountants in Ireland,

F128the Association of Chartered Certified Accountants, F129. . .

the Association of Authorised Public Accountants.

the Association of Accounting Technicians,

the Association of International Accountants, F131. . .

the Chartered Institute of Management Accountants F132, and

the Institute of Chartered Secretaries and Administrators.

sections 238 and 239 (right to receive or demand copies of accounts and reports) shall have effect with the omission of references to the auditors’ report;

no copy of an auditors’ report need be delivered to the registrar or laid before the company in general meeting;

subsections (3) to (5) of section 271 (accounts by reference to which distribution to be justified) shall not apply.

subsections (2) to (4) of section 236 (which require copies of the auditos report to state the names of the auditors) shall have effect with the substitution for references to the auditors and the auditors’ report of references to the reporting accountant and the report made for the purposes of section 249A(2) respectively;

sections 238 and 239 (right to receive or demand copies of accounts and reports), section 241 (accounts and reports to be laid before company in general meeting) and section 242 (accounts and reports to be delivered to the registrar) shall have effect with the substitution for references to the auditors’ report of references to the report made for the purposes of section 249A(2);

subsections (3) to (5) of section 271 (accounts by reference to which distribution to be justified) shall not apply;

section 389A(1) and (2) (rights to information) shall have effect with the substitution for references to the auditors of references to the reporting accountant.

sends a summary financial statement to an entitled person, and

does not send a full copy of its operating and financial review for the financial year to which that statement relates to each entitled person in accordance with section 238(1),

the company and that person have agreed to his having access to summary financial statements on a web site (instead of their being sent to him);

the statement is a statement to which that agreement applies; and

the statement is published on the web site throughout a period beginning at least 21 days before the date of the meeting at which the accounts and F54directors' remuneration report from which the statement is derived are to be laid and ending with the conclusion of that meeting; and

the notification given for the purposes of paragraph (c) of that subsection is given not less than 21 days before the date of the meeting.

any review or statement that is required to be published on a web site as mentioned in those subsections is published for a part, but not all, of the period mentioned in those subsections; and

the failure to publish that F57review or statement throughout that period is wholly attributable to circumstances which it would not be reasonable to have expected the company to prevent or avoid.

be in such form, and

contain such information,

state that it is only a summary of information in the company’s annual accounts F59. . . and (in the case of a quoted company) the directors’ remuneration report;

state whether it contains additional information derived from the directors' report or (in the case of a quoted company) the operating and financial review and, if so, state that it does not contain the full text of that report or review;

state how an entitled person can obtain a full copy of the documents referred to in section 238(1A);

(in the case of a quoted company to which subsection (2ZA) applies) state the address of the web site on which the operating and financial review is published, the place on that web site where it may be accessed and how it may be accessed;

state whether the auditors’ report on the annual accounts, or on the annual accounts and the auditable part of the directors’ remuneration report, was unqualified or qualified, and if it was qualified set out the report in full together with any further material needed to understand the qualification;

section 235(1) (accounts on which auditors are to report),

section 270(3) and (4) (accounts by reference to which distributions are justified), and

section 320(2) (accounts relevant for determining company’s net assets for purposes of ascertaining whether approval required for certain transactions);

shall be sent not less than 28 days before the end of the period allowed for laying and delivering accounts and reports, and

shall be accompanied, in the case of a member of the company, by a notice informing him of his right to require the laying of the accounts and reports before a general meeting;

the deposit of a notice containing a requirement under subsection (2), or

the receipt of such a requirement contained in an electronic communication, proceed

has the company been, to its knowledge, a subsidiary undertaking of an undertaking which was then limited, or

have there been, to its knowledge, exercisable by or on behalf of two or more undertakings which were then limited, rights which if exercisable by one of them would have made the company a subsidiary undertaking of it, or

has the company been a parent company of an undertaking which was then limited.

the company is a banking F69or insurance company or the parent company of a banking F69or insurance group, or

the company is a qualifying company within the meaning of the Partnerships and Unlimited Companies (Accounts) Regulations 1993, or

at any time during the relevant accounting period the company carried on business as the promoter of a trading stamp scheme within the Trading Stamps Act 1964.

in subsection (3)(b) for the words from “whether statutory accounts” to “have been delivered to the registrar” substitute “that the company is exempt from the requirement to deliver statutory accounts”, and

in subsection (5) for “as required to be delivered to the registrar under section 242” substitute “as prepared in accordance with this Part and approved by the board of directors”.

the parent company’s principal subsidiary undertakings are wholly or mainly credit institutions, and

the parent company does not itself carry on any material business apart from the acquisition, management and disposal of interests in subsidiary undertakings.

the parent company’s principal subsidiary undertakings are wholly or mainly insurance companies, and

the parent company does not itself carry on any material business apart from the acquisition, management and disposal of interests in subsidiary undertakings.

a parent company’s principal subsidiary undertakings are the subsidiary undertakings of the company whose results or financial position would principally affect the figures shown in the group accounts, and

the management of interests in subsidiary undertakings includes the provision of services to such undertakings.

the references to the provisions of Schedule 4A in F80section 227A(4) and (5) (relationship between specific requirements and duty to give true and fair view) shall be read as references to those provisions as modified by Part II of Schedule 9, in the case of the group accounts of a banking group, or Part II of Schedule 9A, in the case of the group accounts of an insurance group; and

the reference to paragraphs 52 to 57 of Schedule 4 in section 230(2) (relief from obligation to comply with those paragraphs where group accounts prepared) shall be read as a reference to paragraphs F7775 to 77, 80 and 81 of Part I of Schedule 9, in the case of the group accounts of a banking group F78, and as a reference to paragraphs 73, 74, 79 and 80 of Part I of Schedule 9A, in the case of the group accounts of an insurance group..

section 22 of the Financial Services and Markets Act 2000;

any relevant order under that section; and

Schedule 2 to that Act.

section 242(1) (accounts and reports to be delivered to the registrar);

section 243 (accounts of subsidiary undertakings to be appended in certain cases); and

paragraph 7 of Part II of Schedule 9 (banking groups: information as to undertaking in which shares held as a result of financial assistance operation).