{
  "url": "https://openlegislation.uk/companies-summary-financial-statement-regulations-northern-ireland-1996/schedule-3/paragraph-4",
  "json_url": "https://openlegislation.uk/companies-summary-financial-statement-regulations-northern-ireland-1996/schedule-3/paragraph-4.json",
  "legislation": "nisr/1996/179",
  "legislation_title": "Companies (Summary Financial Statement) Regulations (Northern Ireland) 1996",
  "legislation_url": "https://openlegislation.uk/companies-summary-financial-statement-regulations-northern-ireland-1996",
  "path": "schedule/3/paragraph/4",
  "kind": "paragraph",
  "number": "4",
  "heading": "Summary profit and loss account: companies not required to prepare group accounts",
  "text": "(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 profit and loss account showing, in so far as they may be derived from the full profit and loss account, the items, or combination of items, listed in sub-paragraph (3), in the order set out in that sub-paragraph.\n(2) The items or combinations of items listed in sub-paragraph (3) may appear under such headings as the directors consider appropriate.\n(3) The items, or combinations of items, referred to in sub-paragraph (1) are—\n(a) gross premiums written — general business:\nitem I 1(a);\n(b) gross premiums written — long term business:\nitem II 1(a);\n(c) balance on the technical account for general business:\nitem I 10;\n(d) balance on the technical account for long term business:\nitem II 13;\n(e) other income and charges:\nthe net figure resulting from the combinations of the following items—\nitem III 3\nitem III 3a\nitem III 4\nitem III 5\nitem III 5a\nitem III 6\nitem III 7\nitem III 8:\n(f) the profit or loss on ordinary activities before tax:\nitem III 8a;\n(g) tax on profit or loss on ordinary activities:\nitem III 9;\n(h) profit or loss on ordinary activities after tax:\nitem III 10;\n(i) extraordinary profit or loss after tax:\nthe net figure resulting from the combination of items III 13 and 14;\n(j) other taxes:\nitem III 15;\n(k) profit or loss for the financial year:\nitem III 16; and\n(l) the aggregate amount of dividends paid and, if not disclosed in the summary directors' report, proposed.\n(4) The summary profit and loss account shall also show, at the end thereof and under such headings as the directors consider appropriate, the figure required by paragraph 1(1) of Part I of Schedule 6 to the 1986 Order (directors' emoluments).",
  "extent": "N.I.",
  "status": "prospective",
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 3 para. 4 in operation at 10.6.1996, see reg. 1"
    }
  ],
  "outstanding_effects": [
    {
      "type": "coming into force",
      "affecting": "nisr/1996/179",
      "affecting_title": "Companies (Summary Financial Statement) Regulations (Northern Ireland) 1996"
    },
    {
      "type": "coming into force",
      "affecting": "nisr/1996/179",
      "affecting_title": "Companies (Summary Financial Statement) Regulations (Northern Ireland) 1996"
    },
    {
      "type": "coming into force",
      "affecting": "nisr/1996/179",
      "affecting_title": "Companies (Summary Financial Statement) Regulations (Northern Ireland) 1996"
    },
    {
      "type": "coming into force",
      "affecting": "nisr/1996/179",
      "affecting_title": "Companies (Summary Financial Statement) Regulations (Northern Ireland) 1996"
    },
    {
      "type": "coming into force",
      "affecting": "nisr/1996/179",
      "affecting_title": "Companies (Summary Financial Statement) Regulations (Northern Ireland) 1996"
    },
    {
      "type": "coming into force",
      "affecting": "nisr/1996/179",
      "affecting_title": "Companies (Summary Financial Statement) Regulations (Northern Ireland) 1996"
    },
    {
      "type": "coming into force",
      "affecting": "nisr/1996/179",
      "affecting_title": "Companies (Summary Financial Statement) Regulations (Northern Ireland) 1996"
    },
    {
      "type": "coming into force",
      "affecting": "nisr/1996/179",
      "affecting_title": "Companies (Summary Financial Statement) Regulations (Northern Ireland) 1996"
    },
    {
      "type": "coming into force",
      "affecting": "nisr/1996/179",
      "affecting_title": "Companies (Summary Financial Statement) Regulations (Northern Ireland) 1996"
    },
    {
      "type": "coming into force",
      "affecting": "nisr/1996/179",
      "affecting_title": "Companies (Summary Financial Statement) Regulations (Northern Ireland) 1996"
    },
    {
      "type": "coming into force",
      "affecting": "nisr/1996/179",
      "affecting_title": "Companies (Summary Financial Statement) Regulations (Northern Ireland) 1996"
    },
    {
      "type": "inserted",
      "affecting": "nisr/2005/57",
      "affecting_title": "The Companies (Summary Financial Statement) (Amendment) Regulations (Northern Ireland) 2005"
    },
    {
      "type": "inserted",
      "affecting": "nisr/2005/57",
      "affecting_title": "The Companies (Summary Financial Statement) (Amendment) Regulations (Northern Ireland) 2005"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/nisr/1996/179/schedule/3/paragraph/4",
    "retrieved_at": "2026-10-29T02:36:18.037137+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}