| 1AD.49 | Where a small entity, or a nominee of the small entity or a person acting in that person's own name but on behalf of the small entity, holds shares in the small entity or an interest in such shares, the notes to the financial statements shall give separately: |
| (a) | the number and aggregate nominal value of those shares and, where shares of more than one class have been acquired, the number and aggregate nominal value of each class of such shares, at the beginning and end of the reporting period together with the consideration paid for such shares; |
| (b) | a reconciliation of the number and nominal value of each class of such shares from the beginning of the reporting period to the end of the reporting period showing all changes during the reporting period, including further acquisitions, disposals and cancellations, in each case showing the value of the consideration paid or received, if any; |
| (c) | the reasons for any acquisitions made during the reporting period; |
| (d) | the proportion of called-up share capital held at the beginning and end of the reporting period; and |
| (e) | particulars of any restriction on profits available for distribution by virtue of the application of Section 320. (Section 320 of the Companies Act 2014) |
| 1AD.50 | Where a small entity is a parent and a subsidiary, the following information shall be stated with respect to the parent of the smallest group for which consolidated financial statements are drawn up and of which the small entity is a member: |
| (a) | the name of the parent; and |
| (b) | if the parent is incorporated, the address of the parent's registered office whether in or outside of the Republic of Ireland; or |
| (c) | if the parent is unincorporated, the address of its principal place of business. (Schedule 3A, paragraphs 57 and 58) |
| Paragraph 33.5 addresses a similar requirement to paragraph (a). |
| 1AD.51 | Particulars shall be given in the notes to the financial statements of transactions which have been entered into with related parties by the small entity if such transactions are material and have not been concluded under normal market conditions. The particulars shall include the amount of such transactions, the nature of the related party relationship and other information about the transactions which is necessary for an understanding of the financial position of the small entity. The provision of particulars and other information about individual transactions may be aggregated according to their nature, except where separate information is necessary for an understanding of the effects of related party transactions on the financial position of the small entity. |
| Particulars need not be given of transactions which are entered into between two or more members of a group if any subsidiary which is party to the transaction is wholly owned by such a member. |
| These requirements apply only to related parties that are: |
| (a) | the holders of participating interests in the small entity; |
| (b) | entities in which the small entity holds a participating interest; and |
| (c) | directors of the small entity or of a parent of the small entity. (Schedule 3A, paragraph 55) |
| A small entity that is not a company shall provide the disclosures required by this paragraph in relation to members of its governing body. |
| Although disclosure is only required of material transactions with the specified related parties that have not been concluded under normal market conditions, small entities disclosing all transactions with such related parties would still be compliant with company law. |
| Transactions with directors, or members of a small entity's governing body, include dividends paid to directors. |
| Paragraphs 33.9 and 33.14 address similar requirements for all related parties. |
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