Statutory Instrument 1994 No. 1983

      The Friendly Societies (Accounts and Related Provisions) Regulations 1994


      © Crown Copyright 1994

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STATUTORY INSTRUMENTS

1994 No. 1983

FRIENDLY SOCIETIES

The Friendly Societies (Accounts and Related Provisions) Regulations 1994

Made 20th July 1994
Laid before Parliament 1st August 1994
Coming into force 1st September 1994


ARRANGEMENT OF REGULATIONS

PART I
Preliminary
1.  Citation and commencement
2.  Interpretation
3.  Application
PART II
Accounts
4.  Annual accounts—single accounts society
5.  Annual accounts—group accounts society
6.  Content and form of accounts
7.  Group accounts—supplementary provisions
8.  Notes to annual accounts
9.  Associated bodies
10.  Accounting principles and rules
11.  Annual accounts—non-directive society
PART III
Committee of Management's Annual Report
12.  Committee of management's annual report
PART IV
Miscellaneous and General
13.  Transitional provisions
14.  Interpretation of Schedules

SCHEDULES

  Schedule 1. 
  Part I — Income and expenditure account format
  Part II — Format of consolidated income and expenditure account
  Part III — Notes on the income and expenditure format

  Schedule 2. 
  Part I — Balance sheet format
  Part II — Format of consolidated balance sheet
  Part III — Notes on the balance sheet format
  Part IV — Special rules for balance sheet format

  Schedule 3.  Form and content of the annual accounts of a group accounts society

  Schedule 4.  Notes to annual accounts

  Schedule 5.  Notes to annual accounts: information in respect of associated bodies
  Part I — Societies not required to prepare consolidated accounts
  Part II — Societies required to prepare consolidated accounts
  Part III — Supplementary provisions

  Schedule 6.  Accounting principles and rules
  Part I — Accounting principles
  Part II — Departure from accounting principles
  Part III — Current value accounting rules
  Part IV — Historical cost accounting rules
  Part V — Miscellaneous and supplemental
  Part VI — Rules for determining provisions

  Schedule 7.  Annual accounts of non-directive society
  Part I — Format of non-directive society income and expenditure account
  Part II — Format of non-directive society balance sheet
  Part III — Notes to annual accounts of non-directive society

  Schedule 8.  Committee of management's annual report
  Part I — Society
  Part II — Non-directive society

  Schedule 9.  Interpretation of Schedules

 

Explanatory Note


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Prepared 20th September 2000