FRS 102 Section 1A
We’ve created a new compliance pack for small limited companies reporting under FRS 102 Section 1A which is relevant for periods beginning on or after 1 January 2016, early adoption permitted.
The Financial Reporting Standard for Smaller Entities (FRSSE 2015) has been withdrawn for accounting periods beginning on or after 1 January 2016.
Small companies applying this compliance pack can take advantage of the reduced presentation and disclosure requirements of FRS 102 Section 1A and apply the recognition and measurement requirements of FRS 102.
The FRS 102 Section 1A compliance pack contains the mandatory primary statements and disclosures, and the encouraged primary statements and disclosures.
Triennial Review 2017
There is now an option to early adopt the amendments to FRS 102 Section 1A contained in the Triennial Review 2017. The amendments are mandatory for accounting periods beginning on or after 1st January 2019 but early adoption is permitted.
If your accounting period dates fall within the mandatory adoption period or you have indicated that you wish to early adopt the amendments then you will see the following changes to the FRS 102 Section 1A compliance pack:
If early adopting. the statement of compliance will be amended to reflect early adoption of the Triennial Review 2017
The Investment property accounting policy wording will be amended to reflect the fact that those adopting the Triennial Review 2017 can no longer measure investment property under the cost model
The Fair Value Reserve note will be amended to reflect the fact that those adopting the Triennial Review 2017 no longer need to disclose details of the treatment for taxation purposes
True and fair notes
There is now an option located in the Notes section on the Preview tab to show additional True and fair notes. The notes to the financial statements are required to present sufficient information to give a true and fair view in accordance with FRS 102 paragraph 1A.16.
The additional notes available are as follows:
- Turnover
- Taxation
- Obligations under finance leases
- Deferred taxation
- Provisions for liabilities
- Employee benefits
- Government grants
- Share capital
- Financial instruments
- Business combinations
The Profit before tax note now includes the option to add additional rows for True and fair purposes.
What are the report options?
The FRS 102 Section 1A compliance pack has two reports available:
- Members Set of Accounts – the full members’ accounts that can be filed at HMRC with your corporation tax return.
- Companies House Set of Accounts – you can choose to take advantage of the filleted option in accordance with Section 444 of the Companies Act 2006, which automatically excludes the Income statement and Directors report for filing purposes. You can also e-file this set of accounts to Companies House.
Companies House filing options
The Income statement and Directors report are optional when filing to Companies House when you choose to prepare a filleted set of accounts in accordance with Section 444 of the Companies Act 2006. When you choose to fillet the Companies House set of accounts the following changes are automatically applied:
- Cover page will reference “Filleted”
- Officers and professional advisers page will be excluded
- Income statement is excluded
- Directors report is excluded
- The appropriate Statement of financial position disclosures will be included
- Encourage primary statements are excluded
- Encouraged notes relating to the Income statement are excluded, namely, Profit before tax note and Exceptional items note
You can make this selection when creating a new set of accounts or at any time within Set of Accounts Options > Period Options > Compliance Pack.
Abridged financial statements options
In accordance with the regulations, there is now an option to prepare Abridged financial statements where an Abridged Income statement and/or Statement of financial position can be presented within your members’ accounts.
You can make this selection when creating a new set of accounts or at any time within Set of Accounts Options > Period Options > Compliance Pack.
iXBRL Tagging
We’ve used the new FRS 102 taxonomy to tag the FRS 102 Section 1A set of accounts including the Detailed Income statement.
Chart of account mappings
We’ve mapped the nominal data from the old UK GAAP compliance packs when creating a new period based on the previous or when transitioning to the FRS 102 Section 1A compliance pack.
The mapping combinations are as follows with the detailed mappings shown further down:
- Small limited company (FRSSE 2015) chart of accounts to the FRS 102 Section 1A chart of accounts
- Micro-entity (FRSSE 2015) chart of accounts to the FRS 102 Section 1A chart of accounts
- Micro-entity (FRS 105) chart of account to the FRS 102 Section 1A chart of accounts
Detailed Mappings
| FRSSE2015 Chart | Mappings | FRS012 Section 1 A Chart | ||
|---|---|---|---|---|
| Name | Old Code | New Code | Name | |
| Goodwill | ||||
| Goodwill – Cost brought forward | 10 | 70 | Goodwill – Cost brought forward | |
| Goodwill – Additions | 11 | 71 | Goodwill – Additions acquired externally | |
| Goodwill – Disposals | 12 | 73 | Goodwill – Disposals | |
| Goodwill – Transfers cost | 13 | 78 | Goodwill – Transfers | |
| Goodwill – Other movements cost | 14 | 79 | Goodwill – Other movements in cost | |
| Goodwill – Amortisation brought forward | 20 | 80 | Goodwill – Amortisation brought forward | |
| Goodwill – Amortisation charge | 21 | 81 | Goodwill – Amortisation charge | |
| Goodwill – Amortisation on disposals | 22 | 82 | Goodwill – Amortisation on disposals | |
| Goodwill – Impairment | 23 | 87 | Goodwill – Impairment losses | |
| Goodwill – Reversal of past impairment losses | 24 | 88 | Goodwill – Reversal of past impairment losses | |
| Goodwill – Transfers amortisation | 25 | 89 | Goodwill – Amortisation on transfers | |
| Goodwill – Other movements amortisations | 26 | 90 | Goodwill – Other movements in amortisation | |
| Other intangible assets | ||||
| Other intangible assets – Cost brought forward | 30 | 100 | Other intangible assets – Cost brought forward | |
| Other intangible assets – Additions | 31 | 101 | Other intangible assets – Additions acquired externally | |
| Other intangible assets – Disposals | 32 | 103 | Other intangible assets – Disposals | |
| Other intangible assets – Transfers cost | 33 | 108 | Other intangible assets – Transfers | |
| Other intangible assets – Other movements cost | 34 | 109 | Other intangible assets – Other movements in cost | |
| Other intangible assets – Amortisation brought forward | 40 | 110 | Other intangible assets – Amortisation brought forward | |
| Other intangible assets – Amortisation charge | 41 | 111 | Other intangible assets – Amortisation charge | |
| Other intangible assets – Amortisation on disposals | 42 | 112 | Other intangible assets – Amortisation on disposals | |
| Other intangible assets – Impairment | 43 | 117 | Other intangible assets – Impairment losses | |
| Other intangible assets – Reversal of past impairment losses | 44 | 118 | Other intangible assets – Reversal of past impairment losses | |
| Other intangible assets – Transfers amortisation | 45 | 119 | Other intangible assets – Amortisation on transfers | |
| Other intangible assets – Other movements amortisation | 46 | 120 | Other intangible assets – Other movements in amortisation | |
| Freehold property | ||||
| Freehold property – Cost brought forward | 310 | 310 | Freehold property – Cost brought forward | |
| Freehold property – Additions | 311 | 311 | Freehold property – Additions | |
| Freehold property – Disposals | 312 | 312 | Freehold property – Disposals | |
| Freehold property – Revaluations | 313 | 315 | Freehold property – Revaluations | |
| Freehold property – Transfers (cost) | 314 | 316 | Freehold property – Transfers | |
| Freehold property – Other movements (cost) | 315 | 317 | Freehold property – Other movements in cost | |
| Freehold property – Depreciation brought forward | 320 | 320 | Freehold property – Depreciation brought forward | |
| Freehold property – Depreciation charge | 321 | 321 | Freehold property – Depreciation charge | |
| Freehold property – Depreciation on disposals | 322 | 322 | Freehold property – Depreciation on disposals | |
| Freehold property – Depreciation on revaluations | 323 | 324 | Freehold property – Depreciation on revaluations | |
| Freehold property – Impairment losses | 324 | 325 | Freehold property – Impairment losses | |
| Freehold property – Reversal of impairment losses | 325 | 326 | Freehold property – Reversal of past impairment losses | |
| Freehold property – Transfers (depreciation) | 326 | 327 | Freehold property – Depreciation on transfers | |
| Freehold property – Other movements (depreciation) | 327 | 328 | Freehold property – Other movements in depreciation | |
| Leasehold property – Cost brought forward | 330 | 330 | Leasehold property – Cost brought forward | |
| Leasehold property | ||||
| Leasehold property – Additions | 331 | 331 | Leasehold property – Additions | |
| Leasehold property – Disposals | 332 | 332 | Leasehold property – Disposals | |
| Leasehold property – Revaluations | 333 | 335 | Leasehold property – Revaluations | |
| Leasehold property – Transfers (cost) | 334 | 336 | Leasehold property – Transfers | |
| Leasehold property – Other movements (cost) | 335 | 337 | Leasehold property – Other movements in cost | |
| Leasehold property – Depreciation brought forward | 340 | 340 | Leasehold property – Depreciation brought forward | |
| Leasehold property – Depreciation charge | 341 | 341 | Leasehold property – Depreciation charge | |
| Leasehold property – Depreciation on disposals | 342 | 342 | Leasehold property – Depreciation on disposals | |
| Leasehold property – Depreciation on revaluations | 343 | 344 | Leasehold property – Depreciation on revaluations | |
| Leasehold property – Impairment losses | 344 | 345 | Leasehold property – Impairment losses | |
| Leasehold property – Reversal of impairment losses | 345 | 346 | Leasehold property – Reversal of past impairment losses | |
| Leasehold property – Transfers (depreciation) | 346 | 347 | Leasehold property – Depreciation on transfers | |
| Leasehold property – Other movements (depreciation) | 347 | 348 | Leasehold property – Other movements in depreciation | |
| Plant and machinery | ||||
| Plant and machinery – Cost brought forward | 350 | 350 | Plant and machinery – Cost brought forward | |
| Plant and machinery – Additions | 351 | 351 | Plant and machinery – Additions | |
| Plant and machinery – Disposals | 352 | 352 | Plant and machinery – Disposals | |
| Plant and machinery – Revaluations | 353 | 355 | Plant and machinery – Revaluations | |
| Plant and machinery – Transfers (cost) | 354 | 356 | Plant and machinery – Transfers | |
| Plant and machinery – Other movements (cost) | 355 | 357 | Plant and machinery – Other movements in cost | |
| Plant and machinery – Depreciation brought forward | 360 | 360 | Plant and machinery – Depreciation brought forward | |
| Plant and machinery – Depreciation charge | 361 | 361 | Plant and machinery – Depreciation charge | |
| Plant and machinery – Depreciation on disposals | 362 | 362 | Plant and machinery – Depreciation on disposals | |
| Plant and machinery – Depreciation on revaluations | 363 | 364 | Plant and machinery – Depreciation on revaluations | |
| Plant and machinery – Impairment losses | 364 | 365 | Plant and machinery – Impairment losses | |
| Plant and machinery – Reversal of impairment losses | 365 | 366 | Plant and machinery – Reversal of past impairment losses | |
| Plant and machinery – Transfers (depreciation) | 366 | 367 | Plant and machinery – Depreciation on transfers | |
| Plant and machinery – Other movements (depreciation) | 367 | 368 | Plant and machinery – Other movements in depreciation | |
| Office equipment | ||||
| Office equipment – Cost brought forward | 370 | 370 | Office equipment – Cost brought forward | |
| Office equipment – Additions | 371 | 371 | Office equipment – Additions | |
| Office equipment – Disposals | 372 | 372 | Office equipment – Disposals | |
| Office equipment – Revaluations | 373 | 375 | Office equipment – Revaluations | |
| Office equipment – Transfers (cost) | 374 | 376 | Office equipment – Transfers | |
| Office equipment – Other movements (cost) | 375 | 377 | Office equipment – Other movements in cost | |
| Office equipment – Depreciation brought forward | 380 | 380 | Office equipment – Depreciation brought forward | |
| Office equipment – Depreciation charge | 381 | 381 | Office equipment – Depreciation charge | |
| Office equipment – Depreciation on disposals | 382 | 382 | Office equipment – Depreciation on disposals | |
| Office equipment – Depreciation on revaluations | 383 | 384 | Office equipment – Depreciation on revaluations | |
| Office equipment – Impairment losses | 384 | 385 | Office equipment – Impairment losses | |
| Office equipment – Reversal of impairment losses | 385 | 386 | Office equipment – Reversal of past impairment losses | |
| Office equipment – Transfers (depreciation) | 386 | 387 | Office equipment – Depreciation on transfers | |
| Office equipment – Other movements (depreciation) | 387 | 388 | Office equipment – Other movements in depreciation | |
| Fixtures and fittings | ||||
| Fixtures and fittings – Cost brought forward | 390 | 390 | Fixtures and fittings – Cost brought forward | |
| Fixtures and fittings – Additions | 391 | 391 | Fixtures and fittings – Additions | |
| Fixtures and fittings – Disposals | 392 | 392 | Fixtures and fittings – Disposals | |
| Fixtures and fittings – Revaluations | 393 | 395 | Fixtures and fittings – Revaluations | |
| Fixtures and fittings – Transfers (cost) | 394 | 396 | Fixtures and fittings – Transfers | |
| Fixtures and fittings – Other movements (cost) | 395 | 397 | Fixtures and fittings – Other movements in cost | |
| Fixtures and fittings – Depreciation brought forward | 400 | 400 | Fixtures and fittings – Depreciation brought forward | |
| Fixtures and fittings – Depreciation charge | 401 | 401 | Fixtures and fittings – Depreciation charge | |
| Fixtures and fittings – Depreciation on disposals | 402 | 402 | Fixtures and fittings – Depreciation on disposals | |
| Fixtures and fittings – Depreciation on revaluations | 403 | 404 | Fixtures and fittings – Depreciation on revaluations | |
| Fixtures and fittings – Impairment losses | 404 | 405 | Fixtures and fittings – Impairment losses | |
| Fixtures and fittings – Reversal of impairment losses | 405 | 406 | Fixtures and fittings – Reversal of past impairment losses | |
| Fixtures and fittings – Transfers (depreciation) | 406 | 407 | Fixtures and fittings – Depreciation on transfers | |
| Fixtures and fittings – Other movements (depreciation) | 407 | 408 | Fixtures and fittings – Other movements in depreciation | |
| Motor vehicles | ||||
| Motor vehicles – Cost brought forward | 410 | 410 | Motor vehicles – Cost brought forward | |
| Motor vehicles – Additions | 411 | 411 | Motor vehicles – Additions | |
| Motor vehicles – Disposals | 412 | 412 | Motor vehicles – Disposals | |
| Motor vehicles – Revaluations | 413 | 415 | Motor vehicles – Revaluations | |
| Motor vehicles – Transfers (cost) | 414 | 416 | Motor vehicles – Transfers | |
| Motor vehicles – Other movements (cost) | 415 | 417 | Motor vehicles – Other movements in cost | |
| Motor vehicles – Depreciation brought forward | 420 | 420 | Motor vehicles – Depreciation brought forward | |
| Motor vehicles – Depreciation charge | 421 | 421 | Motor vehicles – Depreciation charge | |
| Motor vehicles – Depreciation on disposals | 422 | 422 | Motor vehicles – Depreciation on disposals | |
| Motor vehicles – Depreciation on revaluations | 423 | 424 | Motor vehicles – Depreciation on revaluations | |
| Motor vehicles – Impairment losses | 424 | 425 | Motor vehicles – Impairment losses | |
| Motor vehicles – Reversal of impairment losses | 425 | 426 | Motor vehicles – Reversal of past impairment losses | |
| Motor vehicles – Transfers (depreciation) | 426 | 427 | Motor vehicles – Depreciation on transfers | |
| Motor vehicles – Other movements (depreciation) | 427 | 428 | Motor vehicles – Other movements in depreciation | |
| Shares in group undertakings | ||||
| Shares in group undertakings and participating interests – Cost brought forward | 700 | 700 | Shares in group undertakings – Cost brought forward | |
| Shares in group undertakings and participating interests – Additions | 701 | 701 | Shares in group undertakings – Additions | |
| Shares in group undertakings and participating interests – Disposals | 702 | 702 | Shares in group undertakings – Disposals | |
| Shares in group undertakings and participating interests – Revaluations | 703 | 703 | Shares in group undertakings – Revaluations | |
| Shares in group undertakings and participating interests – Transfers | 704 | 704 | Shares in group undertakings – Transfers | |
| Shares in group undertakings and participating interests – Other movements | 705 | 705 | Shares in group undertakings – Other movements in cost | |
| Shares in group undertakings and participating interests – Impairment brought forward | 710 | 710 | Shares in group undertakings – Impairment brought forward | |
| Shares in group undertakings and participating interests – Impairment charge | 711 | 711 | Shares in group undertakings – Impairment losses | |
| Shares in group undertakings and participating interests – Impairment on disposals | 712 | 713 | Shares in group undertakings – Impairment on disposals | |
| Shares in group undertakings and participating interests – Impairment on revaluations | 713 | 714 | Shares in group undertakings – Impairment on revaluations | |
| Shares in group undertakings and participating interests – Transfers | 714 | 715 | Shares in group undertakings – Impairment on transfers | |
| Shares in group undertakings and participating interests – Other movements | 715 | 716 | Shares in group undertakings – Other movements in impairment | |
| Loans to group undertakings | ||||
| Loans to group undertakings and participating interests – Cost brought forward | 720 | 720 | Loans to group undertakings – Cost brought forward | |
| Loans to group undertakings and participating interests – Additions | 721 | 721 | Loans to group undertakings – Advances made | |
| Loans to group undertakings and participating interests – Disposals | 722 | 722 | Loans to group undertakings – Repayments | |
| Loans to group undertakings and participating interests – Revaluations | 723 | 723 | Loans to group undertakings – Revaluations | |
| Loans to group undertakings and participating interests – Transfers | 724 | 724 | Loans to group undertakings – Transfers | |
| Loans to group undertakings and participating interests – Other movements | 725 | 725 | Loans to group undertakings – Other movements in cost | |
| Loans to group undertakings and participating interests – Impairment brought forward | 730 | 730 | Loans to group undertakings – Impairment brought forward | |
| Loans to group undertakings and participating interests – Impairment charge | 731 | 731 | Loans to group undertakings – Impairment losses | |
| Loans to group undertakings and participating interests – Impairment on disposals | 732 | 733 | Loans to group undertakings – Impairment on disposals | |
| Loans to group undertakings and participating interests – Impairment on revaluations | 733 | 734 | Loans to group undertakings – Impairment on revaluations | |
| Loans to group undertakings and participating interests – Transfers | 734 | 735 | Loans to group undertakings – Impairment on transfers | |
| Loans to group undertakings and participating interests – Other movements | 735 | 736 | Loans to group undertakings – Other movements in impairment | |
| Other investments other than loans | ||||
| Other investments other than loans – Cost brought forward | 740 | 780 | Other investments other than loans – Cost brought forward | |
| Other investments other than loans – Additions | 741 | 781 | Other investments other than loans – Additions | |
| Other investments other than loans – Disposals | 742 | 782 | Other investments other than loans – Disposals | |
| Other investments other than loans – Revaluations | 743 | 783 | Other investments other than loans – Revaluations | |
| Other investments other than loans – Transfers | 744 | 784 | Other investments other than loans – Transfers | |
| Other investments other than loans – Other movements | 745 | 785 | Other investments other than loans – Other movements in cost | |
| Other investments other than loans – Impairment brought forward | 750 | 790 | Other investments other than loans – Impairment brought forward | |
| Other investments other than loans – Impairment charge | 751 | 791 | Other investments other than loans – Impairment losses | |
| Other investments other than loans – Impairment on disposals | 752 | 793 | Other investments other than loans – Impairment on disposals | |
| Other investments other than loans – Impairment on revaluations | 753 | 794 | Other investments other than loans – Impairment on revaluations | |
| Other investments other than loans – Transfers | 754 | 795 | Other investments other than loans – Impairment on transfers | |
| Other investments other than loans – Other movements | 755 | 796 | Other investments other than loans – Other movements in impairment | |
| Other loans | ||||
| Other investments – Cost brought forward | 760 | 800 | Other loans – Cost brought forward | |
| Other investments – Additions | 761 | 801 | Other loans – Advances made | |
| Other investments – Disposals | 762 | 802 | Other loans – Repayments | |
| Other investments – Revaluations | 763 | 803 | Other loans – Revaluations | |
| Other investments – Transfers | 764 | 804 | Other loans – Transfers | |
| Other investments – Other movements | 765 | 805 | Other loans – Other movements in cost | |
| Other investments – Impairment brought forward | 770 | 810 | Other loans – Impairment brought forward | |
| Other investments – Impairment charge | 771 | 811 | Other loans – Impairment losses | |
| Other investments – Impairment on disposals | 772 | 813 | Other loans – Impairment on disposals | |
| Other investments – Impairment on revaluations | 773 | 814 | Other loans – Impairment on revaluations | |
| Other investments – Transfers | 774 | 815 | Other loans – Impairment on transfers | |
| Other investments – Other movements | 775 | 816 | Other loans – Other movements in impairment | |
| Stocks | ||||
| Raw materials and consumables | 1010 | 1010 | Raw materials and consumables | |
| Work in progress | 1020 | 1020 | Work in progress | |
| Finished goods and goods for resale | 1030 | 1030 | Finished goods and goods for resale | |
| Long term contracts – net costs | 1040 | 1030 | Finished goods and goods for resale | |
| Long term contracts – payments on account | 1045 | 1030 | Finished goods and goods for resale | |
| Debtors | ||||
| Trade debtors | 1100 | 1100 | Trade debtors | |
| Prepayments | 1110 | 1110 | Prepayments | |
| Accrued income | 1111 | 1111 | Accrued income | |
| Prepayments – Defined contribution pension scheme | 1112 | 1112 | Defined contribution pension plan prepayment | |
| Deferred tax asset | 1130 | 1130 | Deferred tax asset | |
| Amounts owed by group undertakings | 1140 | 1140 | Amounts owed by group undertakings | |
| Amounts owed by participating interests | 1141 | 1141 | Amounts owed by undertakings in which the company has a participating interest | |
| Other debtors | 1150 | 1150 | Other debtors | |
| Directors loan account | 1151 | 1151 | Directors loan accounts | |
| Corporation tax repayable | 1152 | 1152 | Corporation tax recoverable | |
| VAT recoverable | 1153 | 1153 | VAT recoverable | |
| Unpaid share capital | 1154 | 1154 | Called up share capital not paid | |
| Cash at bank and in hand | ||||
| Bank current account | 1200 | 1200 | Bank current account | |
| Bank deposit account | 1210 | 1210 | Bank deposit account | |
| Cash in hand | 1230 | 1230 | Cash in hand | |
| Current assets investments | ||||
| Shares in group undertakings | 1500 | 1500 | Shares in group undertakings | |
| Other investments | 1510 | 1510 | Other investments | |
| Creditors due within one year | ||||
| Bank overdraft | 2000 | 2000 | Bank overdrafts | |
| Bank loan | 2020 | 2020 | Bank loans | |
| Payments received on account | 2050 | 2050 | Payments received on account | |
| Trade creditors | 2100 | 2100 | Trade creditors | |
| Amounts due to group undertakings | 2130 | 2130 | Amounts owed to group undertakings | |
| Amounts due to undertakings in which the company has a participating interest | 2131 | 2131 | Amounts owed to undertakings in which the company has a participating interest | |
| Corporation tax | 2150 | 2150 | Corporation tax payable | |
| VAT liability | 2202 | 2202 | VAT payable | |
| PAYE and social security | 2210 | 2210 | PAYE and social security payable | |
| Obligations under finance leases and hire purchase contracts | 2240 | 2240 | Obligations under finance leases and hire purchase contracts | |
| Other creditors | 2250 | 2250 | Other creditors | |
| Directors loan account | 2251 | 2251 | Directors loan account | |
| Accruals and deferred income | 2260 | 2260 | Accruals | |
| Government grants – Brought forward | 2261 | 2261 | Deferred government grant income | |
| Government grants – Received | 2262 | 2261 | Deferred government grant income | |
| Government grants – Repaid | 2263 | 2261 | Deferred government grant income | |
| Government grants – Released to the profit and loss account | 2264 | 2261 | Deferred government grant income | |
| Accrual – Defined contribution pension scheme | 2265 | 2265 | Defined contribution pension plan accrual | |
| Shares classified as financial liabilities | 2270 | 2270 | Shares classified as financial liabilities | |
| Dividends payable – equity | 2280 | 2280 | Dividends payable – Equity | |
| Dividends payable – non equity | 2281 | 2281 | Dividends payable – Non equity | |
| Creditors due after more than one year | ||||
| Bank loans due in more than one year | 2500 | 2500 | Bank loans due in more than one year | |
| Payments received on account due in more than one year | 2550 | 2550 | Payments received on account due in more than one year | |
| Trade creditors due in more than one year | 2600 | 2600 | Trade creditors due in more than one year | |
| Amounts owed to group undertakings in more than one year | 2620 | 2620 | Amounts owed to group undertakings due in more than one year | |
| Amounts owed to participating interests in more than one year | 2621 | 2621 | Amounts owed to undertakings in which the company has a participating interest due in more than one year | |
| Taxation and social security due in more than one year | 2630 | 2630 | Taxation and social security payable in more than one year | |
| Obligations under finance leases and hire purchase contracts due in more than one year | 2640 | 2640 | Obligations under finance leases and hire purchase contracts due in more than one year | |
| Other creditors due in more than one year | 2650 | 2650 | Other creditors due in more than one year | |
| Directors loan account due in more than one year | 2651 | 2651 | Directors loan accounts due in more than one year | |
| Accruals and deferred income due in more than one year | 2660 | 2660 | Accruals due in more than one year | |
| Government grants due in more than one year – Brought forward | 2661 | 2661 | Deferred government grant income due in more than one year | |
| Government grants due in more than one year – Received | 2662 | 2661 | Deferred government grant income due in more than one year | |
| Government grants due in more than one year – Repaid | 2663 | 2661 | Deferred government grant income due in more than one year | |
| Government grants due in more than one year – Released to the profit and loss account | 2664 | 2661 | Deferred government grant income due in more than one year | |
| Shares classified as financial liabilities due in more than one year | 2670 | 2670 | Shares classified as financial liabilities due in more than one year | |
| Dividends payable in more than one year – equity | 2680 | 2680 | Dividends payable in more than one year – Equity | |
| Dividends payable in more than one year – non equity | 2681 | 2681 | Dividends payable in more than one year – Non equity | |
| Provisions for liabilities | ||||
| Deferred tax liability – Brought forward | 2700 | 2700 | Provision for deferred tax – Brought forward | |
| Deferred tax liability – Additions | 2701 | 2701 | Provision for deferred tax – Additions | |
| Deferred tax liability – Profit and loss movement in the period | 2702 | 2702 | Provision for deferred tax – Amounts used | |
| Deferred tax liability – Unused amounts reversed | 2703 | 2703 | Provision for deferred tax – Unused amounts reversed | |
| Deferred tax liability – Transfers | 2704 | 2704 | Provision for deferred tax – Transfers | |
| Warranties – Brought forward | 2720 | 2720 | Provision for warranties – Brought forward | |
| Warranties – Additions | 2721 | 2721 | Provision for warranties – Additions | |
| Warranties – Profit and loss movement in the period | 2722 | 2722 | Provision for warranties – Amounts used | |
| Warranties – Unused amounts reversed | 2723 | 2723 | Provision for warranties – Unused amounts reversed | |
| Warranties – Transfers | 2724 | 2724 | Provision for warranties – Transfers | |
| Other provisions – Brought forward | 2730 | 2730 | Other provisions – Brought forward | |
| Other provisions – Additions | 2731 | 2731 | Other provisions – Additions | |
| Other provisions – Profit and loss movement in the period | 2732 | 2732 | Other provisions – Amounts used | |
| Other provisions – Unused amounts reversed | 2733 | 2733 | Other provisions – Unused amounts reversed | |
| Other provisions – Transfers | 2734 | 2734 | Other provisions – Transfers | |
| Defined benefit pension plan | ||||
| Defined benefit pension scheme asset | 2800 | 2800 | Defined benefit pension plan asset | |
| Defined benefit pension scheme liability | 2810 | 2810 | Defined benefit pension plan liability | |
| Called up share capital | ||||
| Ordinary share capital | 3000 | 3050 | Share capital – Brought forward | |
| Preference share capital | 3010 | 3050 | Share capital – Brought forward | |
| Prior period adjustments | ||||
| Profit and loss account – Prior period adjustment | 3050 | 3102 | Profit and loss account – Prior period adjustments | |
| Share premium account – Prior period adjustment | 3051 | 3152 | Share premium account – Prior period adjustments | |
| Revaluation reserve – Prior period adjustment | 3052 | 3202 | Revaluation reserve – Prior period adjustments | |
| Other reserves – Prior year adjustment | 3053 | 3452 | Other reserves – Prior period adjustments | |
| Profit and loss account | ||||
| Profit and loss account – Brought forward | 3100 | 3100 | Profit and loss account – Brought forward | |
| Profit and loss account – Purchase of own shares | 3101 | 3135 | Profit and loss account – Other investments by and distributions to owners | |
| Profit and loss account – Actuarial gain/ loss on pension scheme | 3102 | 3103 | Profit and loss account – Remeasurement of the net defined benefit plan | |
| Profit and loss account – Deferred tax on actuarial gains and losses | 3103 | 3110 | Profit and loss account – Tax relating to components of other comprehensive income | |
| Profit and loss account – Dividends paid | 3104 | 3116 | Profit and loss account – Dividends paid | |
| Profit and loss account – Dividends payable | 3105 | 3116 | Profit and loss account – Dividends paid | |
| Profit and loss account – Transfer of depreciation | 3106 | 3105 | Profit and loss account – Reclassification from revaluation reserve | |
| Profit and loss account – Transfer of realised profits | 3107 | 3130 | Profit and loss account – Other comprehensive income movements | |
| Profit and loss account – Other movements | 3108 | 3130 | Profit and loss account – Other comprehensive income movements | |
| Profit and loss account – Transfer to/ (from) other reserves (1) | 3109 | 3107 | Profit and loss account – Reclassification from other reserves | |
| Profit and loss account – Transfer to/ (from) other reserves (2) | 3110 | 3107 | Profit and loss account – Reclassification from other reserves | |
| Share premium account | ||||
| Share premium account – Brought forward | 3150 | 3150 | Share premium account – Brought forward | |
| Share premium account – Premium on shares issued | 3151 | 3153 | Share premium account – Issue of shares | |
| Share premium account – Transaction costs | 3152 | 3160 | Share premium account – Transaction costs | |
| Share premium account – Purchase of own shares | 3153 | 3170 | Share premium account – Other investments by and distributions to owners | |
| Share premium account – Other movements | 3154 | 3165 | Share premium account – Other comprehensive income movements | |
| Share premium account – Transfer to/ (from) other reserves (1) | 3155 | 3165 | Share premium account – Other comprehensive income movements | |
| Share premium account – Transfer to/ (from) other reserves (2) | 3156 | 3165 | Share premium account – Other comprehensive income movements | |
| Revaluation reserve | ||||
| Revaluation reserve – Brought forward | 3200 | 3200 | Revaluation reserve – Brought forward | |
| Revaluation reserve – Revaluation movement | 3201 | 3203 | Revaluation reserve – Revaluation of tangible assets | |
| Revaluation reserve – Transfer of depreciation | 3202 | 3206 | Revaluation reserve – Reclassification to profit and loss account | |
| Revaluation reserve – Transfer of realised profits | 3203 | 3206 | Revaluation reserve – Reclassification to profit and loss account | |
| Revaluation reserve – Other movements | 3204 | 3220 | Revaluation reserve – Other comprehensive income movements | |
| Revaluation reserve – Transfer to/ (from) other reserves (1) | 3205 | 3220 | Revaluation reserve – Other comprehensive income movements | |
| Revaluation reserve – Transfer to/ (from) other reserves (2) | 3206 | 3220 | Revaluation reserve – Other comprehensive income movements | |
| Other reserves | ||||
| Other reserves – Brought forward | 3250 | 3450 | Other reserves – Brought forward | |
| Other reserves – Other movements | 3251 | 3470 | Other reserves – Other comprehensive income movements | |
| Other reserves – Transfer to/ (from) other reserves (1) | 3252 | 3470 | Other reserves – Other comprehensive income movements | |
| Other reserves – Transfer to/ (from) other reserves (2) | 3253 | 3470 | Other reserves – Other comprehensive income movements | |
| Suspense account (Statement of financial position) | ||||
| Suspense account (Balance sheet) | 3999 | 3999 | Suspense account (Statement of financial position) | |
| Turnover | ||||
| Sales | 4000 | 4000 | Sales | |
| Discounts allowed | 4009 | 4009 | Discounts allowed | |
| Other income | 4900 | 4900 | Other income | |
| Cost of sales | ||||
| Purchases | 5000 | 5000 | Purchases (Cost of sales) | |
| Discounts received | 5009 | 5009 | Discounts received (Cost of sales) | |
| Materials | 5010 | 5010 | Materials (Cost of sales) | |
| Wages and salaries – Cost of sales | 5020 | 5020 | Wages and salaries (Cost of sales) | |
| Subcontracted staff – Cost of sales | 5030 | 5030 | Subcontracted staff (Cost of sales) | |
| Employers NI – Cost of sales | 5040 | 5040 | Employers NI (Cost of sales) | |
| Pension costs – Cost of sales | 5050 | 5050 | Defined contribution pension costs (Cost of sales) | |
| Other direct costs | 5100 | 5100 | Other direct costs (Cost of sales) | |
| Opening stock | 5200 | 5015 | Opening stock (Cost of sales) | |
| Closing stock | 5201 | 5016 | Closing stock (Cost of sales) | |
| Distribution costs | ||||
| Wages and salaries – Distribution costs | 6000 | 6000 | Wages and salaries (Distribution costs) | |
| Subcontracted staff – Distribution costs | 6010 | 6010 | Subcontracted staff (Distribution costs) | |
| Employers NI – Distribution costs | 6016 | 6016 | Employers NI (Distribution costs) | |
| Pension costs – Distribution costs | 6017 | 6017 | Defined contribution pension costs (Distribution costs) | |
| Transport | 6020 | 6020 | Transport (Distribution costs) | |
| Freight and carriage | 6025 | 6025 | Freight and carriage (Distribution costs) | |
| Packaging and materials | 6030 | 6030 | Packaging and materials (Distribution costs) | |
| Insurance – Distribution costs | 6035 | 6035 | Insurance (Distribution costs) | |
| Equipment hire – Distribution costs | 6040 | 6040 | Equipment hire (Distribution costs) | |
| Other distribution costs | 6045 | 6045 | Other distribution costs | |
| Depreciation – Distribution costs | 6050 | 6050 | Depreciation of tangible assets (Distribution costs) | |
| Administrative expenses | ||||
| Wages and salaries | 7000 | 7000 | Wages and salaries (Administrative expenses) | |
| Temporary staff | 7005 | 7005 | Temporary staff | |
| Employers NI | 7006 | 7006 | Employers NI (Administrative expenses) | |
| Pension costs | 7007 | 7007 | Defined contribution pension costs (Administrative expenses) | |
| Other staff costs | 7009 | 7009 | Other staff costs | |
| Subcontracted staff | 7010 | 7010 | Subcontracted staff (Administrative expenses) | |
| Cash settled share-based payments | 7015 | 7015 | Cash-settled share-based payments | |
| Directors remuneration | 7020 | 7020 | Directors remuneration | |
| Directors pension costs | 7025 | 7025 | Directors defined contribution pension costs | |
| Training costs | 7035 | 7035 | Training costs | |
| Defined benefit pension costs | 7040 | 7040 | Defined benefit pension costs | |
| Rent | 7100 | 7100 | Rent | |
| Rates | 7110 | 7110 | Rates | |
| Service charges | 7150 | 7150 | Service charges | |
| Light, heating and power | 7200 | 7200 | Light, heating and power | |
| Motor expenses | 7300 | 7300 | Motor expenses | |
| Travelling | 7400 | 7400 | Travelling | |
| Subsistence | 7406 | 7406 | Subsistence | |
| Staff entertainment | 7410 | 7410 | Staff entertainment | |
| Client entertainment | 7415 | 7415 | Client entertainment | |
| Marketing | 7420 | 7420 | Marketing | |
| Advertising | 7425 | 7425 | Advertising | |
| Discounts allowed | 7430 | 7430 | Discounts allowed | |
| Printing, postage and stationery | 7500 | 7500 | Printing, postage and stationery | |
| Telephone | 7550 | 7550 | Telephone | |
| Computer costs | 7552 | 7552 | Computer costs | |
| Legal fees | 7600 | 7600 | Legal fees | |
| Accountancy fees | 7602 | 7602 | Accountancy fees | |
| Professional fees | 7604 | 7604 | Professional fees | |
| Management charges payable | 7605 | 7605 | Management charges payable | |
| General insurance | 7610 | 7610 | General insurance (Administrative expenses) | |
| Equipment hire | 7700 | 7700 | Equipment hire (Administrative expenses) | |
| Operating lease rentals | 7703 | 7703 | Operating lease rentals | |
| Motor vehicle leasing | 7710 | 7703 | Operating lease rentals | |
| Repairs and maintenance | 7800 | 7800 | Repairs and maintenance | |
| Cleaning | 7801 | 7801 | Cleaning | |
| Premises insurance | 7802 | 7802 | Premises insurance (Administrative expenses) | |
| Use of home as office | 7805 | 7805 | Use of home as office | |
| Research and development expenditure | 7950 | 7950 | Research and development expenditure | |
| Depreciation | 8000 | 8000 | Depreciation of tangible assets (Administrative expenses) | |
| Amortisation | 8010 | 8010 | Amortisation of intangible assets (Administrative expenses) | |
| Profit or loss on sale of tangible fixed assets | 8020 | 8020 | Gain/loss on disposal of tangible assets (Administrative expenses) | |
| Profit or loss on sale of intangible fixed assets | 8025 | 8025 | Gain/loss on disposal of intangible assets (Administrative expenses) | |
| Profit or loss on sale of fixed asset investments | 8030 | 8030 | Gain/loss on disposal of investment property | |
| Bad debts | 8100 | 8100 | Bad debts | |
| Bad debt provision | 8102 | 8102 | Bad debt provision | |
| Political expenditure | 8170 | 8170 | Political expenditure | |
| EU political donations | 8180 | 8180 | Political donations | |
| Non EU political donations | 8190 | 8180 | Political donations | |
| Charitable donations | 8200 | 8200 | Charitable donations | |
| Subscriptions | 8201 | 8201 | Subscriptions | |
| Foreign exchange differences | 8211 | 8211 | Foreign exchange differences | |
| Sundry expenses | 8250 | 8250 | Sundry expenses | |
| Interest payable and similar expenses | ||||
| Bank interest payable | 7900 | 7900 | Bank interest payable | |
| Bank charges | 7901 | 7940 | Bank charges | |
| Bank loan interest payable | 7903 | 7903 | Interest on bank loans | |
| Hire purchase finance charges | 7904 | 7904 | Hire purchase interest | |
| Credit card charges | 7905 | 7945 | Credit card charges | |
| Finance lease finance charges | 7906 | 7906 | Finance lease charges | |
| Other finance charges | 7907 | 7927 | Other interest payable and similar expenses | |
| Dividends paid on shares classed as debt | 7910 | 7910 | Dividends paid on shares classed as debt | |
| Dividends payable on shares classed as debt | 7915 | 7915 | Dividends payable on shares classed as debt | |
| Interest payable on loans from group undertakings | 7920 | 7920 | Interest payable to group undertakings | |
| Fines and penalties | 7930 | 7930 | Fines and penalties | |
| Interest on late paid tax (PAYE, NI and VAT) | 7935 | 7921 | Interest on late paid tax (PAYE, NI and VAT) | |
| Other operating income | ||||
| Rent receivable | 8500 | 8500 | Rent receivable | |
| Commission receivable | 8505 | 8505 | Commission receivable | |
| Management charges receivable | 8510 | 8510 | Management charges receivable | |
| Other operating income | 8515 | 8515 | Other operating income | |
| Government grant income | 8520 | 8520 | Government grants released to the income statement | |
| Income from shares in group undertakings | ||||
| Dividends receivable from subsidiaries | 8600 | 8600 | Dividends from shares in group undertakings | |
| Dividends receivable from associates | 8650 | 8650 | Dividends from participating interests | |
| Interest receivable from associates | 8655 | 8665 | Other income from participating interests | |
| Income from participating interests | ||||
| Dividends receivable from joint ventures | 8660 | 8650 | Dividends from participating interests | |
| Interest receivable from joint ventures | 8665 | 8665 | Other income from participating interests | |
| Income from other fixed asset investments | ||||
| Dividends receivable from other fixed asset investments | 8700 | 8700 | Dividends from other fixed asset investments | |
| Interest receivable from other fixed asset investments | 8705 | 8715 | Other income from other fixed asset investments | |
| Interest receivable from group undertakings | 8710 | 8615 | Other income from shares in group undertakings | |
| Other investment income | 8715 | 8715 | Other income from other fixed asset investments | |
| Other interest receivable and similar income | ||||
| Bank interest receivable | 8750 | 8750 | Interest on cash and cash equivalents | |
| Bank deposit interest | 8755 | 8755 | Interest on bank deposits | |
| Interest from group undertakings | 8760 | 8760 | Interest receivable from group undertakings | |
| Other loan interest receivable | 8765 | 8765 | Other loan interest receivable | |
| Other interest receivable | 8770 | 8770 | Other interest receivable | |
| Other finance income | 8775 | 8775 | Other finance income | |
| Amounts written off investments | ||||
| Amounts written off fixed asset investments | 8800 | 8800 | Impairment of investments in associates | |
| Amounts written off current asset investments | 8805 | 8806 | Amounts written off current asset investments | |
| Expected return on pensions scheme assets – Defined benefit pension scheme | 8850 | 8776 | Net finance income in respect of defined benefit pension plans | |
| Interest on pension scheme liabilities – Defined benefit pension scheme | 8855 | 7922 | Net finance costs in respect of defined benefit pension plans | |
| Tax on profit or loss | ||||
| Corporation tax – charge/ credit | 9000 | 9000 | Corporation tax – charge/credit | |
| Deferred tax – charge/ credit | 9020 | 9020 | Deferred tax – charge/credit | |
| Suspense account (Income statement) | ||||
| Suspense account (Profit and loss account) | 9999 | 9999 | Suspense account (Income statement) |