Release date: 10 December 2024
Our Pro Forma Financial Statements for ROI accounts prepared under the
Companies Act 2014 ('the Act') have been updated to reflect amendments to
accounting standards, company law and auditor’s report formats. They have
also been expanded to include a company with going concern uncertainties and an
Owners’ Management Company.
These example financial statements use fictitious amounts and totals (not
just blank placeholders) to enable you to follow through and understand the
required presentations and disclosures.
This toolkit, which reflects these changes, contains:
- Micro Exempt Company – full financial statements for
an audit-exempt micro company preparing accounts under FRS 105 and Schedule 3B
of the Act;
- Micro Exempt Company Abridged – abridged financial
statements for the audit-exempt micro company;
- Micro Audited Company – full financial statements,
including auditor’s report, for an audited micro company preparing accounts
under FRS 105 and Schedule 3B of the Act;
- Audited Micro Company Abridged - abridged financial
statements, including auditor’s report, for the audited micro company;
- Small Exempt Company – full financial statements for
an audit-exempt small company preparing accounts under Section 1A of FRS 102
and Schedule 3A of the Act;
- Small Exempt Company Abridged – abridged financial
statements for the audit-exempt small company;
- Small Audited Company - full financial statements,
including auditor’s report, for an audited small company preparing accounts
under Section 1A of FRS 102 and Schedule 3A of the Act;
- Small Audited Company Abridged – abridged financial
statements, including auditor’s report, for the audited Small Company; and
- Regular Company - financial statements, including
auditor’s report for a Medium Company preparing accounts under full FRS 102
and Schedule 3 of the Act. These include investment properties stated at
fair value, financial instruments at fair value (and related disclosures),
preference shares treated as debt, a statement of Changes in Equity, and a
Cash Flow Statement with the new reconciliation of net debt.
- Company in Tro uble - financial statements, including
auditor’s report for a medium company with a material uncertainty around going
concern, including relevant disclosures and an explanatory paragraph in the
auditor’s report.
- Owners’ Management Company - full financial
statements for an audited company limited by guarantee which is an Owners’
Management Company.
- Owners’ Management Company Abridged - abridged
financial statements, including auditor’s report, for the audited Owner’s
Management Company.
- Owners’ Management Company s17 Annual
Rep ort – an
example unaudited annual report pursuant to section 17 of the Multi-Unit
Developments Act 2011.
All of the pro formas include extensive footnotes to provide context for the
formats and disclosures presented.
The toolkit does not deal with Group financial statements.
The pro formas are supplied as a download in MS Word format.
Alternatively, you can combine the above toolkit with our Financial
Statements Disclosure Checklist 2020 ROI in our Financial
Statements Combined Disclosure Pack(click link for details)
Downloading your toolkit
Once you have placed your order
online, first print your invoice if you require one. Following this, go into
your My Account area on the website and open My courses
& downloads. Your toolkit will be available to download there. You
have up to 90 days from the date of purchase to download your toolkit.
For more information, contact us at Practice
Consulting