Form of summary financial statement
- Produce a summary financial statement consistent with full accounts
UK Statutory Instrument
1995
United Kingdom
The Companies (Summary Financial Statement) Regulations 1995
At a glance
What's here
18 compliance obligations
What this Act requires
Sections that create concrete duties on businesses or carry penalties. Procedural and definitional sections are folded into the “Browse other sections” expander at the bottom of each group. Click any section title to read the source text on legislation.gov.uk.
Schedules
Summary profit and loss account: companies not required to prepare group accounts
- Prepare a summary profit and loss account for shareholders
Summary profit and loss account: companies required to prepare group accounts
- Prepare a summary consolidated profit and loss account with specific modifications
Summary balance sheet: companies not required to prepare group accounts
- Include a summary balance sheet in the summary financial statement
Summary balance sheet: companies required to prepare group accounts
- Include summary consolidated balance sheet with minority interests in summary financial statement
Corresponding amounts
- Show prior-year comparison figures in your summary financial statement
Summary directors' report
- Include specific business review, dividend, and future developments in summary directors' report
Summary profit and loss account: companies required to prepare group accounts
- Include required items in summary consolidated profit and loss account
Summary balance sheet: companies not required to prepare group accounts
- Include specific balance sheet items in your summary financial statement
Summary profit and loss account: companies required to prepare group accounts
- Include required items in summary consolidated profit and loss account
Summary balance sheet: companies required to prepare group accounts
- Include minority interests in summary consolidated balance sheet
Transitional arrangements: definition
- State in summary financial statement if using transitional insurance exemptions
Browse 14 other Schedules — structural / supplementary
Summary directors' report
Form of summary financial statement
Summary profit and loss account: companies not required to prepare group accounts
Summary balance sheet: companies required to prepare group accounts
Corresponding amounts
Application of Schedule
Summary profit and loss account under transitional arrangements
Summary balance sheet under transitional arrangements
Companies preparing alternative form group accounts
Form of summary financial statement
Summary directors' report
Summary profit and loss account: companies not required to prepare group accounts
Summary balance sheet: companies not required to prepare group accounts
Corresponding amounts
Cases in which sending of summary financial statement prohibited
- Check your company's own rules before sending a summary financial statement
Ascertainment of entitled person’s wishes
- Ascertain entitled persons' wishes before sending summary financial statements
Provisions applying to all companies and groups
- Include required disclaimers and rights information in summary financial statements
Companies and groups other than banking and insurance companies and groups
- Prepare summary financial statement in prescribed form and content
Banking companies and groups
- Prepare summary financial statement in Schedule 2 form for banking companies
Insurance companies and groups
- Prepare summary financial statement in Schedule 3 form
Browse 6 other sections — procedural / definitional / commencement
Citation and commencement
Interpretation
Consultation by notice
Relevant consultation
Revocation, transitionals and saving
Consequential amendments
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