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

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”.