The Small Companies and Groups (Accounts and Directors' Report) Regulations 2008 No. 409

SCHEDULE 6 U.K. GROUP ACCOUNTS

PART 1 U.K. FORM AND CONTENT OF COMPANIES ACT GROUP ACCOUNTS

Modifications etc. (not altering text)

C1 Sch. 6 Pt. 1 applied (with modifications) (E.W.S.) (with application in accordance with reg. 2(2) of the amending S.I.) by The Small Limited Liability Partnerships (Accounts) Regulations 2008 (S.I. 2008/1912), regs. 2(1), 6(2), Sch. 4 Pt. 1 (with reg. 2(3)) (as amended (with effect in accordance with reg. 2(2)-(5) of the amending S.I.) by The Limited Liability Partnerships, Partnerships and Groups (Accounts and Audit) Regulations 2016 (S.I. 2016/575), regs. 2(1), 43)

General rules U.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 [F1 Section 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 [F2 in 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

F1 Words 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)

F2 Words 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)