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Companies (Summary Financial Statement) Regulations (Northern Ireland) 1996

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Summary balance sheet: companies not required to prepare group accounts

5.—(1) The summary financial statement shall contain, in the case of a company the directors of which are not required to prepare group accounts for the financial year, a summary balance sheet which shall show, in so far as they may be derived from the full balance sheet, the items, or combinations of items, set out in sub-paragraph (2), in the order set out in that sub-paragraph and under such headings as the directors consider appropriate.

(2) The items, or combinations of items, referred to in sub-paragraph (1) are as follows—

(a)cash and balances at central [or post office] banks, treasury bills and other eligible bills:

  • the aggregate items 1 and 2 under the heading “ASSETS”;

(b)loans and advances to banks:

  • item 3 under the heading “ASSETS”;

(c)loans and advances to customers:

  • item 4 under the heading “ASSETS”;

(d)debt securities [and other fixed income securities], equity shares [and other variable-yield securities]; participating interests and shares in group undertakings:

  • the aggregate of items 5, 6, 7 and 8 under the heading “ASSETS”;

(e)intangible and tangible fixed assets:

  • the aggregate of items 9 and 10 under the heading “ASSETS”;

(f)called up capital not paid, own shares, other assets, prepayments and accrued income:

  • the aggregate of items 11 (or 14), 12, 13 and 15 under the heading “ASSETS”;

(g)total assets under the heading “ASSETS”;

(h)deposits by banks:

  • item 1 under the heading “LIABILITIES”;

(i)customer accounts:

  • item 2 under the heading “LIABILITIES”;

(j)debt securities in issue:

  • item 3 under the heading “LIABILITIES”;

(k)other liabilities, accruals and deferred income and provisions for liabilities and charges:

  • the aggregate of items 4, 5 and 6 under the heading “LIABILITIES”;

(l)subordinated liabilities:

  • item 7 under the heading “LIABILITIES”;

(m)called up share capital, share premium account, reserves, revaluation reserve and profit and loss account:

  • the aggregate of items 8, 9, 10, 11 and 12 under the heading “LIABILITIES”;

(n)total liabilities under the heading “LIABILITIES”;

(o)contingent liabilities:

  • item 1 under the heading “MEMORANDUM ITEMS”; and

(p)commitments:

  • item 2 under the heading “MEMORANDUM ITEMS”.

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