Remedy
Start free

Section 404: Companies Act group accounts

Companies Act 2006 · 2006 c. 46View on legislation.gov.uk

Part 15: Accounts and reports — Chapter 4: Annual accounts

Companies Act group accounts must state, in respect of the parent company—

the part of the United Kingdom in which the company is registered,
the company's registered number,
whether the company is a public or a private company and whether it is limited by shares or by guarantee,
the address of the company's registered office, and
where appropriate, the fact that the company is being wound-up.

Companies Act group accounts must comprise—

a consolidated balance sheet dealing with the state of affairs of the parent company and its subsidiary undertakings, and
a consolidated profit and loss account dealing with the profit or loss of the parent company and its subsidiary undertakings.

The accounts must give a true and fair view of the state of affairs as at the end of the financial year, and the profit or loss for the financial year, of the undertakings included in the consolidation as a whole, so far as concerns members of the company.

The accounts must comply with provision made by the Secretary of State by regulations as to—

the form and content of the consolidated balance sheet and consolidated profit and loss account, and
additional information to be provided by way of notes to the accounts.

If compliance with the regulations, and any other provision made by or under this Act as to the matters to be included in a company's group accounts or in notes to those accounts, would not be sufficient to give a true and fair view, the necessary additional information must be given in the accounts or in a note to them.

About this text

This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

Reuse reviewed 21 August 2026 under Open Government Licence v3.0.