Schedule 1 MODIFICATIONS TO PROVISIONS OF PART VIII OF THE 1986 ORDER APPLIED BY THESE REGULATIONSI1

Northern Ireland Not yet in force

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

Sch. 1 coming into force by Limited Liability Partnerships 2004 reg. 1
Sch. 1 words substituted by Companies (1986 Order) (Small Companies’ Accounts and Audit) 2006 reg. 7(2)
Sch. 1 words omitted by Companies (1986 Order) (Small Companies’ Accounts and Audit) 2006 reg. 7(3)(a)
Sch. 1 words inserted by Limited Liability Partnerships 2006 Sch. 1 para. 2
Sch. 1 words inserted by Limited Liability Partnerships 2006 Sch. 1 para. 3
Sch. 1 words substituted by Limited Liability Partnerships 2006 Sch. 1 para. 4
Sch. 1 words substituted by Limited Liability Partnerships 2006 Sch. 1 para. 5
Sch. 1 words inserted by Limited Liability Partnerships (Filing Periods and Late Filing Penalties) 2008 Sch. para. 2
Sch. 1 words substituted by Limited Liability Partnerships (Filing Periods and Late Filing Penalties) 2008 Sch. para. 3
Sch. 1 words substituted by Limited Liability Partnerships (Filing Periods and Late Filing Penalties) 2008 Sch. para. 4
Sch. 1 art. 257AA(3) words substituted by Companies (1986 Order) (Small Companies’ Accounts and Audit) 2006 reg. 7(3)(b)
Sch. 1 words substituted by Companies (1986 Order) (Small Companies’ Accounts and Audit) 2006 reg. 7(3)(b)
Sch. 1 words substituted by Companies (1986 Order) (Small Companies’ Accounts and Audit) 2006 reg. 7(4)
Sch. 1 art. 255A words substituted by Companies (1986 Order) (Small Companies’ Accounts and Audit) 2006 reg. 7(2)
Sch. 1 art. 257AA(2) words substituted by Companies (1986 Order) (Small Companies’ Accounts and Audit) 2006 reg. 7(3)(a)
Sch. 1 art. 257B(1)(b) words substituted by Companies (1986 Order) (Small Companies’ Accounts and Audit) 2006 reg. 7(4)
Sch. 1 words inserted by Limited Liability Partnerships 2006 Sch. 1 para. 6
Sch. 1 words substituted by Limited Liability Partnerships 2006 Sch. 1 para. 7
Sch. 1 words substituted by Limited Liability Partnerships 2006 Sch. 1 para. 8
Sch. 1 words inserted by Limited Liability Partnerships 2006 Sch. 1 para. 9
Sch. 1 words substituted by Limited Liability Partnerships 2006 Sch. 1 para. 10
Sch. 1 words omitted by Limited Liability Partnerships 2006 Sch. 1 para. 11
Sch. 1 words omitted by Limited Liability Partnerships 2006 Sch. 1 para. 12
Sch. 1 words substituted by Limited Liability Partnerships 2006 Sch. 1 para. 13
Sch. 1 words substituted by Limited Liability Partnerships 2006 Sch. 1 para. 14
Sch. 1 words substituted by Limited Liability Partnerships 2006 Sch. 1 para. 15
Sch. 1 words inserted by Limited Liability Partnerships 2006 Sch. 1 para. 16
Sch. 1 words inserted by Limited Liability Partnerships 2006 Sch. 1 para. 17
Sch. 1 words substituted by Limited Liability Partnerships 2006 Sch. 1 para. 18
Sch. 1 words substituted by Limited Liability Partnerships 2006 Sch. 1 para. 19
Sch. 1 words inserted by Limited Liability Partnerships 2006 Sch. 1 para. 20
Sch. 1 words omitted by Limited Liability Partnerships 2006 Sch. 1 para. 21
Sch. 1 words inserted by Limited Liability Partnerships 2006 Sch. 1 para. 22
Sch. 1 words omitted by Limited Liability Partnerships 2006 Sch. 1 para. 23
Sch. 1 words inserted by Limited Liability Partnerships 2006 Sch. 1 para. 24

Provision of Part VIII	Modification
Article 230 (where and for how long accounting records to be kept)^f1
Paragraph (5)	In sub-paragraph (a), omit the words “in the case of a private company,” and the word “and”. Omit sub-paragraph (b).
Article 232 (accounting reference periods and accounting reference date)^f2
Paragraphs (2) and (3)	Omit paragraphs (2) and (3).
Paragraph (3A)	Omit the words “incorporated on or after 22nd August 1997”.
Article 233 (alteration of accounting reference date)^f3
Paragraph (5)	For the words “laying and delivering accounts and reports” substitute “delivering the accounts and the auditors' report”.
Article 236 (exemption for parent companies included in accounts of larger group)^f4
Paragraph (4)	Omit paragraph (4).
Article 239 (disclosure required in notes to accounts: related undertakings)^f5
Paragraph (3)	Omit the words from “This paragraph” to the end.
Article 240 (disclosure required in notes to accounts: emoluments and other benefits of directors and others)^f6	Omit Article 240, save that Schedule 6 shall apply for the purpose of paragraph 56A of Schedule 4, as inserted by this Schedule.
Article 241 (approval and signing of accounts)^f7
Paragraph (1)	For paragraph (1) substitute – “(1) A limited liability partnership's annual accounts shall be approved by the members, and shall be signed on behalf of all the members by a designated member.”.
Paragraph (3)	Omit the words from “laid before” to “otherwise”, and for the words “the board” substitute “the members of the limited liability partnership”.
Paragraph (4)	For the words “the board by a director of the company” substitute “the members by a designated member”.
Paragraph (6)	In sub-paragraph (a), omit the words “laid before the company, or otherwise”.
Articles 242 (duty to prepare directors' report)^f8 and 242A (approval and signing of directors' report)^f9	Omit Articles 242 and 242A.
Article 243 (auditors' report)^f10
Paragraph (1)	For paragraph (1) substitute – “(1) The limited liability partnership's annual accounts shall be submitted to its auditors, who shall make a report on them to the members of the limited liability partnership.”.
Paragraph (3)	Omit paragraph (3).
Article 244 (signature of auditors' report)^f11
Paragraph (2)	For paragraph (2) substitute – “(2) Every copy of the auditors' report which is circulated, published or issued shall state the names of the auditors.”.
Paragraph (4)	In sub-paragraph (a), omit the words “laid before the company, or otherwise”.
Article 245 (duties of auditors)^f12
Paragraph (4)	Omit paragraph (4).
Article 246 (persons entitled to receive copies of accounts and report)^f13
Paragraph (1)	For paragraph (1) substitute – “(1) A copy of the limited liability partnership's annual accounts, together with a copy of the auditors' report on those accounts, shall be sent to every member of the limited liability partnership and to every holder of the limited liability partnership's debentures, within one month of their being signed in accordance with Article 241(1) and in any event not later than 10 months after the end of the relevant accounting reference period.”.
Paragraph (2)	(a) In sub-paragraph (a), omit the words from “who is” to “meetings and”, and (b) in sub-paragraphs (b) and (c), omit the words “shares or” in both places where they occur.
Paragraphs (3) and (4)	Omit paragraphs (3) and (4).
Paragraph (4A)	Omit the words “, of the directors' report”.
Paragraphs (4C) to (4E)	Omit paragraphs (4C) to (4E).
Article 247 (right to demand copies of accounts and report)^f14
Paragraph (1)	Omit the words “and directors' report”.
Paragraph (2B)	Omit paragraph (2B).
Article 248 (requirements in connection with publication of accounts)^f15
Paragraph (1)	Omit the words from “or, as the case may be,” to the end.
Paragraph (3)	(a) In sub-paragraph (c), omit the words from “and, if no such report has been made,” to “any such financial year”, (b) in sub-paragraph (d), omit the words “or whether any report made for the purposes of Article 257A(2) was qualified”, and (c) omit the words “or any report made for the purposes of Article 257A(2)”.
Article 249 (accounts and report to be laid before general meeting)^f16	Omit Article 249.
Article 250 (accounts and report to be delivered to the registrar)^f17
Paragraph (1)	(a) For the words “The directors of a company” substitute “The designated members of a limited liability partnership”, (b) omit the words “a copy of the directors' report for that year and”, (c) for the words “or reports” substitute “or that report”, and (d) for the words “the directors shall annex” substitute “the designated members shall annex”.
Paragraph (2)	(a) For the words “laying and delivering accounts and reports”, substitute “delivering the accounts and the auditors' report”, and (b) for the word “director” substitute the words “designated member”.
Paragraph (3)	For the words “the directors” in each place where they occur substitute the words “the designated members”.
Paragraph (4)	For the words “laying and delivering accounts and reports”, substitute “delivering the accounts and the auditors' report”.
Article 250A (civil penalty for failure to deliver accounts)^f18
Paragraph (1)	(a) For the words “laying and delivering accounts and reports” substitute “delivering the accounts and the auditors' report”, and (b) for the words “the directors” substitute “the designated members”.
Paragraph (2)	(a) For the words “laying and delivering accounts and reports” substitute “delivering the accounts and the auditors' report”, (b) omit the words “, and whether the company is a public or private company,”, (c) omit the heading “Public company” and all entries under it, and (d) for the heading “Private company” substitute “Amount of penalty”.
Article 250B (delivery and publications of accounts in euros)^f19
Paragraph (2)	For the words “the directors of a company” substitute “the designated members of a limited liability partnership”.
Article 251 (accounts of subsidiary undertakings to be appended in certain cases)^f20
Paragraph (4)	For the words “the directors” substitute “the designated members”.
Article 252 (period allowed for delivering accounts and report)^f21
Paragraph (1)	For paragraph (1), substitute the following – “(1) The period allowed for delivering the accounts and the auditors' report is 10 months after the end of the relevant accounting reference period. This is subject to the following provisions of this Article.”.
Paragraph (2)	In sub-paragraph (a), omit the words “or 7 months, as the case may be,”.
Paragraph (3)	(a) For the words “the directors” substitute “the designated members”, and (b) in sub-paragraph (b), for the words “laying and delivering accounts and reports” substitute “delivering the accounts and the auditors' report”.
Paragraph (4)	For the words “laying and delivering accounts” substitute “delivering the accounts and the auditors' report”.
Article 253 (voluntary revision of accounts)^f22
Paragraph (1)	Omit the words “, or any directors' report,” and the words “or a revised report”.
Paragraph (2)	(a) Omit the words “or report” in both places where they occur, and (b) omit the words “laid before the company in general meeting or”.
Paragraph (3)	Omit the words “or a revised directors' report”.
Paragraph (4)	(a) In sub-paragraph (a), omit the words “or report”, (b) in sub-paragraph (b), omit the words “or reporting accountant” and the words “or report”, and (c) in sub-paragraph (c) – (i) for the words “previous accounts or report” substitute “previous accounts”, (ii) omit head (ii), and (iii) omit the words from “, or where a summary financial statement” to the end.
Article 253A (Department’s notice in respect of annual accounts)^f23
Paragraph (1)	For the words from “copies of” to “general meeting or” substitute “a copy of a limited liability partnership’s annual accounts has been”.
Article 253B (application to court in respect of defective accounts)^f24
Paragraph (3)	Omit sub-paragraph (b).
Article 254 (special provisions for small companies)^f25
Paragraph (3)	Omit sub-paragraph (a), and sub-paragraph (b) (ii), (iii) and (iv).
Paragraph (4)	Omit paragraph (4).
Paragraph (5)	(a) For the words “the directors of the company” substitute “the designated members of the limited liability partnership”, and (b) omit sub-paragraph (b).
Paragraph (6)	Omit sub-paragraphs (b) and (c).
Paragraph (8)	Omit sub-paragraph (b) and the words “, in the report” and “, 242A”.
Article 254A (special provisions for medium-sized companies)^f26
Paragraph (3)	(a) For the words “The company” substitute “The designated members”, and (b) for sub-paragraph (a), substitute the following – “(a) which includes a profit and loss account in which the following items listed in the profit and loss account formats set out in Part I of Schedule 4 are combined as one item under the heading “gross profit or loss”– Items 1 to 3 and 6 in Format 1; Items 1 to 5 in Format 2;”.
Article 255 (qualification of company as small or medium-sized)^f27
Paragraph (5)	In sub-paragraph (a), for the words “items A to D” substitute “items B to D”.
Article 255A (cases in which special provisions do not apply)^f28
Paragraph (1)	For sub-paragraph (a), substitute “(a) the limited liability partnership is, or was at any time within the financial year to which the accounts relate, a person (other than a banking limited liability partnership) who has permission under Part 4 of the Financial Services and Markets Act 2000 to carry on one or more regulated activities;”.
Article 255B (special auditors' report)^f29
Paragraph (1)	(a) In sub-paragraph (a), for the words “the directors of a company” substitute “the designated members of a limited liability partnership”, and (b) in sub-paragraph (b), omit the words “or (2)”.
Article 257A (exemptions from audit)^f30
Paragraph (2)	Omit paragraph (2).
Paragraph (3A)	Omit paragraph (3A).
Paragraph (4)	Omit paragraph (4).
Paragraph (6)	Omit the words “or gross income”.
Paragraph (6A)	Omit the words “or (2)”.
Paragraph (7)	Omit the words from “, and “gross income”” to the end.
Article 257AA (dormant companies)^f31
Paragraph (1)	For the words “Article 257B(2) to (5)” substitute “Article 257B(4) and (5)”.
Paragraph (2)	In sub-paragraph (a), for the words “Article 255A(1)(a)(i) or (b)” substitute “Article 255A(1)(b)”.
Paragraph (3)	For paragraph (3), substitute the following – “(3) Paragraph (1) does not apply if at any time in the financial year in question the limited liability partnership was a person (other than a banking limited liability partnership) who has permission under Part 4 of the Financial Services and Markets Act 2000 to carry on one or more regulated activities.”.
Paragraph (5)	In sub-paragraph (b), omit the words “(6) or”.
Paragraph (6)	Omit paragraph (6).
Paragraph (7)	In sub-paragraph (a), for the words “Article 38 (change of name)” substitute “paragraph 5 of the Schedule to the Limited Liability Partnerships Act (Northern Ireland) 2002”. Omit sub-paragraph (b).
Article 257B (cases where audit exemption not available)^f32
Paragraph (1)	Omit the words “or (2)” and sub-paragraphs (a) and (bb). In sub-paragraph (b), after “it was a person” insert “(other than a banking limited liability partnership)”.
Paragraph (1C)	For sub-paragraph (b), substitute “that the group’s aggregate turnover in that year (calculated in accordance with Article 257) is not more than £5.6 million net (or £6.72 million gross),”.
Paragraphs (2) and (3)	Omit paragraphs (2) and (3).
Paragraph (4)	(a) Omit the words “or (2)” in both places where they occur, and (b) omit sub-paragraph (b).
Articles 257C (the report required for the purposes of Article 257A(2))^f33 and 257D (the reporting accountant)^f34	Omit Articles 257C and 257D.
Article 257E (effect of exemption from audit)^f35
Paragraph (1)	(a) In sub-paragraph (b), omit the words from “or laid” to the end, and (b) omit sub-paragraph (c).
Paragraph (2)	Omit paragraph (2).
Article 259 (provision of summary financial statement by listed public companies)^f36	Omit Article 259.
Articles 260 and 261 (private company election to dispense with laying of accounts and reports)^f37	Omit Articles 260 and 261.
Article 262 (exemption for unlimited companies from requirement to deliver accounts and reports)^f38	Omit Article 262.
Article 263 (special provisions for banking and insurance companies)^f39	Omit Article 263.
Article 263A (special provisions for banking and insurance groups)^f40	Omit Article 263A.
Article 263B (modification of disclosure requirements in relation to banking company or group)^f41	Omit Article 263B.
Article 263D (power to apply provisions to banking partnerships)^f42	Omit Article 263D.
Article 265 (power of Department to alter accounting requirements)^f43	Omit Article 265.
Article 268 (participating interests)^f44
Paragraph (6)	For the words from “, Schedule 8A,” to “Schedule 9A” substitute the words “and Schedule 8A”.
Article 270 (minor definitions)^f45
Paragraph (1)	(a) Omit the definitions of “annual report” and “credit institution”, and (b) insert the following definitions at the appropriate place – ““banking limited liability partnership” means a limited liability partnership which has permission under Part 4 of the Financial Services and Markets Act 2000 to accept deposits (but does not include such a partnership which has permission to accept deposits only for the purpose of carrying on another regulated activity in accordance with that permission); “limited liability partnership” means a limited liability partnership formed and registered under the Limited Liability Partnerships Act (Northern Ireland) 2002;”.
Paragraph (2)	Omit paragraph (2).
Paragraph (3)	After paragraph (3), insert the following – “(3A) The definition of banking limited liability partnership in paragraph (1) must be read with – (a) section 22 of the Financial Services and Markets Act 2000, (b) any relevant order under that section, and (c) Schedule 2 to that Act.”.
Article 270A (index of defined expressions)^f46	In the index of defined expressions – (a) the entries relating to “annual report”, “credit institution” and “reporting accountant”, and all entries relating to Articles 263 and 263A and to Schedules 9 and 9A, shall be omitted, and (b) the following entries shall be inserted at the appropriate place – “banking limited liability partnership Article 270”; “limited liability partnership Article 270”.
Schedule 4 (form and content of company accounts)^f47
Paragraph 1	In sub-paragraph (1)(b), for the words “any one of” substitute “either of”.
Paragraph 3^f48	In sub-paragraph (2)(b), omit the words “shares or”. Omit sub-paragraph (7)(b) and (c).
Balance Sheet Format 1^f49	Omit the following items and the notes on the balance sheet formats which relate to them – (a) item A (called-up share capital not paid), (b) item B.III.7 (own shares), (c) item C.II.5 (called-up share capital not paid), and (d) item C.III.2 (own shares). For item K (capital and reserves) substitute – “K. Loans and other debts due to members (12) L. Members' other interests I Members' capital II Revaluation reserve III Other reserves”.
Balance Sheet Format 2(c)	Omit the following items and the notes on the balance sheet format which relates to them – (a) Assets item A (called-up share capital not paid), (b) Assets item B.III.7 (own shares), (c) Assets item C.II.5 (called-up share capital not paid), and (d) Assets item C.III.2 (own shares). For Liabilities item A (capital and reserves) substitute – “A. Loans and other debts due to members (12) AA. Members' other interests I Members' capital II Revaluation reserve III Other reserves”.
Notes on the balance sheet formats
Note (12)	Substitute the following as Note (12) – “(12) Loans and other debts due to members (Format 1, item K and Format 2, item A) The following amounts shall be shown separately under this item – (a) the aggregate amount of money advanced to the limited liability partnership by the members by way of loan, (b) the aggregate amount of money owed to members by the limited liability partnership in respect of profits, (c) any other amounts.”.
Profit and loss account formats^f50	In Format 1, for item 20 (profit or loss for the financial year) substitute “20. Profit or loss for the financial year before members' remuneration and profit shares”. In Format 2, for item 22 (profit or loss for the financial year) substitute “22. Profit or loss for the financial year before members' remuneration and profit shares”. Omit Profit and Loss Account Formats 3 and 4 and the notes on the profit and loss account formats which relate to them.
Notes on the profit and loss account formats
Note (15) (income from other fixed asset investments: other interest receivable and similar income)	At the end of Note (15), insert the words “Interest receivable from members shall not be included under this item.”.
Note (16) (interest payable and similar charges)	At the end of Note (16), insert “Interest payable to members shall not be included under this item.”.
Accounting principles and rules
Paragraph 12^f51	In sub-paragraph (b), omit the words “on behalf of the board of directors”.
Paragraph 34^f52	Omit sub-paragraphs (3), (3A) and (3B).
Notes to the accounts
Paragraph 37	For the words “38 to 51” substitute the words “41 to 51(1)”.
Insertion of new paragraph after paragraph 37	Insert the following new paragraph after paragraph 37 – “*Loans and other debts due to members* 37A The following information shall be given – (a) the aggregate amount of loans and other debts due to members as at the date of the beginning of the financial year, (b) the aggregate amounts contributed by members during the financial year, (c) the aggregate amounts transferred to or from the profit and loss account during that year, (d) the aggregate amounts withdrawn by members or applied on behalf of members during that year, (e) the aggregate amount of loans and other debts due to members as at the balance sheet date, (f) the aggregate amount of loans and other debts due to members that fall due after one year.”.
Paragraphs 38 to 40	Omit paragraphs 38 to 40.
Paragraphs 49 and 51(2)	Omit paragraphs 49 and 51(2).
Paragraph 56^f53	Insert the following paragraph after paragraph 56 – “*Particulars of members* 56A (1) Particulars shall be given of the average number of members of the limited liability partnership in the financial year, which number shall be determined by dividing the relevant annual number by the number of months in the financial year. (2) The relevant annual number shall be determined by ascertaining for each month in the financial year the number of members of the limited liability partnership for all or part of that month, and adding together all the monthly numbers. (3) Where the amount of the profit of the limited liability partnership for the financial year before members' remuneration and profit shares exceeds £200,000, there shall be disclosed the amount of profit (including remuneration) which is attributable to the member with the largest entitlement to profit (including remuneration). For the purpose of determining the amount to be disclosed, “remuneration” includes any emoluments specified in paragraph 1(1)(a), (c) or (d) of Schedule 6 which are paid by or receivable from – (i) the limited liability partnership; and (ii) the limited liability partnership’s subsidiary undertakings; and (iii) any other person.”.
Paragraph 58^f54	Omit sub-paragraph (3)(c).
Special provisions where the company is an investment company
Paragraphs 71 to 73	Omit paragraphs 71 to 73.
Schedule 4A (form and content of group accounts)^f55
Paragraph 1^f56	Omit sub-paragraph (3).
Paragraph 10	Omit sub-paragraph (1)(a) to (c). Omit sub-paragraph (2).
Paragraph 11	For sub-paragraph (1), substitute– “(1) Where a limited liability partnership adopts the merger method of accounting, it must comply with this paragraph, and with generally accepted accounting principles or practice.”. Omit sub-paragraphs (5) to (7).
Paragraph 17	(a) In sub-paragraph (2)(a), for the words “item K” substitute “item L”, (b) in sub-paragraph (2)(b), for the words “items A” substitute “items AA”, and (c) in sub-paragraphs (3) and (4), omit heads (c) and (d).
Paragraph 21	In sub-paragraph (3), omit heads (c) and (d).
Schedule 5 (disclosure of information: related undertakings)^f57
Paragraph 6^f58	Omit paragraph 6.
Paragraph 9A^f59	Omit paragraph 9A.
Paragraph 20	Omit paragraph 20.
Paragraph 28A^f60	Omit paragraph 28A.
Schedule 8 (form and content of accounts prepared by small companies)^f61
Paragraph 1	In sub-paragraph (1)(b), for the words “any one of” substitute “either of”.
Paragraph 3	In sub-paragraph (2)(b), omit the words “shares or”. Omit sub-paragraph (7)(b).
Balance Sheet Format 1	Omit item A (called-up share capital not paid) and note (1) on the balance sheet format. For item K (capital and reserves) substitute – “K. Loans and other debts due to members (9) L. Members' other interests I Members' capital II Revaluation reserve III Other reserves”.
Balance Sheet Format 2	Omit Assets item A (called-up share capital not paid) and note (1) on the balance sheet format. For Liabilities item A (capital and reserves) substitute – “A. Loans and other debts due to members (9) AA. Members' other interests I Members' capital II Revaluation reserve III Other reserves”.
Notes on the balance sheet formats
Note (4) (Others: Other investments)	Omit Note (4).
Note (9)	Substitute the following as Note (9) – “(9) Loans and other debts due to members (Format 1, item K and Format 2, item A) The following amounts shall be shown separately under this item – (a) the aggregate amount of money advanced to the limited liability partnership by the members by way of loan, (b) the aggregate amount of money owed to members by the limited liability partnership in respect of profits, (c) any other amounts.”.
Profit and loss account formats	In Format 1, for item 20 (profit or loss for the financial year) substitute “20. Profit or loss for the financial year before members' remuneration and profit shares”. In Format 2, for item 22 (profit or loss for the financial year) substitute “22. Profit or loss for the financial year before members' remuneration and profit shares”. Omit Profit and Loss Account Formats 3 and 4 and the notes on the profit and loss account formats which relate to them.
Notes on the profit and loss account formats
Note (12) (income from other fixed asset investments: other interest receivable and similar income)	At the end of Note (12), insert the words “Interest receivable from members shall not be included under this item.”.
Note (13) (interest payable and similar charges)	At the end of Note (13), insert “Interest payable to members shall not be included under this item.”.
Accounting principles and rules
Paragraph 12	In sub-paragraph (b), omit the words “on behalf of the board of directors”.
Paragraph 34	Omit sub-paragraphs (3), (4) and (5).
Notes to the accounts
Paragraph 37	For the words “Paragraphs 38 to 47” substitute “Paragraphs 40 to 47”.
Insertion of new paragraph after paragraph 37	Insert the following new paragraph after paragraph 37 – “*Loans and other debts due to members* 37A The following information shall be given – (a) the aggregate amount of loans and other debts due to members as at the date of the beginning of the financial year, (b) the aggregate amounts contributed by members during the financial year, (c) the aggregate amounts transferred to or from the profit and loss account during that year, (d) the aggregate amounts withdrawn by members or applied on behalf of members during that year, (e) the aggregate amount of loans and other debts due to members as at the balance sheet date, and (f) the aggregate amount of loans and other debts due to members that fall due after one year.”.
Paragraphs 38 and 39	Omit paragraphs 38 and 39.
Paragraph 45	Omit paragraph 45.
Paragraph 51	Omit sub-paragraph (3)(c).
Schedule 8A (form and content of abbreviated accounts of small companies delivered to registrar)^f62
Balance Sheet Format 1	Omit item A (called-up share capital not paid). For item K (capital and reserves) substitute – “K. Loans and other debts due to members L. Members' other interests I Members' capital II Revaluation reserve III Other reserves”.
Balance Sheet Format 2	Omit Assets item A (called-up share capital not paid). For Liabilities item A (capital and reserves) substitute – “A. Loans and other debts due to members AA. Members' other interests I Members' capital II Revaluation reserve III Other reserves”.
Notes to the accounts
Paragraphs 5 and 6	Omit paragraphs 5 and 6.
Paragraph 9	Omit sub-paragraph (3)(c).

Annotations

Commencement

I1: Sch. 1 in operation at 13.9.2004, see reg. 1

Footnotes

f1: Article 230 was inserted into the 1986 Order by Article 4 of the Companies (Northern Ireland) Order 1990 in place of an existing Article of that number
f2: Article 232 was inserted into the 1986 Order by Article 5 of the Companies (Northern Ireland) Order 1990 in place of an existing Article of that number, and amended by S.R. 1997 No. 314
f3: Article 233 was inserted into the 1986 Order by Article 5 of the Companies (Northern Ireland) Order 1990 in place of an existing Article of that number, and amended by S.R. 1997 No. 314
f4: Article 236 was inserted into the 1986 Order by Article 7 (3) of the Companies (Northern Ireland) Order 1990 in place of an existing Article of that number, and amended by S.R. 1993 No. 199 and S.R. 1994 No. 428
f5: Article 239 was inserted into the 1986 Order by Article 8(1) of the Companies (Northern Ireland) Order 1990 in place of an existing Article of that number, and amended by S.R. 1994 No. 133 and S.R. 1997 No. 314
f6: Article 240 was inserted into the 1986 Order by Article 8(3) of the Companies (Northern Ireland) Order 1990. Part I of Schedule 6 was substituted by Article 8(4) of, and paragraphs 1 to 3 of Schedule 4 to, the Companies (Northern Ireland) Order 1990, and amended by S.R. 1997 No. 545 and S.I. 2001/3649
f7: Article 241 was inserted into the 1986 Order by Article 9 of the Companies (Northern Ireland) Order 1990 in place of an existing Article of that number
f8: Article 242 was inserted into the 1986 Order by Article 10 of the Companies (Northern Ireland) Order 1990 in place of an existing Article of that number, and amended by S.R. 1997 No. 314
f9: Article 242A was inserted into the 1986 Order by Article 10 of the Companies (Northern Ireland) Order 1990
f10: Article 243 was inserted into the 1986 Order by Article 11 of the Companies (Northern Ireland) Order 1990 in place of an existing Article of that number
f11: Article 244 was inserted into the 1986 Order by Article 11 of the Companies (Northern Ireland) Order 1990 in place of an existing Article of that number
f12: Article 245 was inserted into the 1986 Order by Article 11 of the Companies (Northern Ireland) Order 1990 in place of an existing Article of that number, and amended by S.R. 1997 No. 314
f13: Article 246 was inserted into the 1986 Order by Article 12 of the Companies (Northern Ireland) Order 1990 in place of an existing Article of that number, and amended by S.R. 2003 No. 3
f14: Article 247 was inserted into the 1986 Order by Article 12 of the Companies (Northern Ireland) Order 1990 in place of an existing Article of that number, and amended by S.R. 2003 No. 3
f15: Article 248 was inserted into the 1986 Order by Article 12 of the Companies (Northern Ireland) Order 1990 in place of an existing Article of that number, and amended by S.R. 1995 No. 128
f16: Article 249 was inserted into the 1986 Order by Article 13 of the Companies (Northern Ireland) Order 1990 in place of an existing Article of that number
f17: Article 250 was inserted into the 1986 Order by Article 13 of the Companies (Northern Ireland) Order 1990 in place of an existing Article of that number
f18: Article 250A was inserted into the 1986 Order by Article 13 of the Companies (Northern Ireland) Order 1990
f19: Article 250B was inserted into the 1986 Order by S.R. 1992 No. 503
f20: Article 251 was inserted into the 1986 Order by Article 13 of the Companies (Northern Ireland) Order 1990 in place of an existing Article of that number
f21: Article 252 was inserted into the 1986 Order by Article 13 of the Companies (Northern Ireland) Order 1990 in place of an existing Article of that number
f22: Article 253 was inserted into the 1986 Order by Article 14 of the Companies (Northern Ireland) Order 1990 in place of an existing Article of that number, and amended by S.R. 1995 No. 128
f23: Article 253A was inserted into the 1986 Order by Article 14 of the Companies (Northern Ireland) Order 1990
f24: Article 253B was inserted into the 1986 Order by Article 14 of the Companies (Northern Ireland) Order 1990
f25: Article 254 was inserted into the 1986 Order by Article 15 of the Companies (Northern Ireland) Order 1990, substituted by S.R. 1997 No. 436, and amended by S.R. 1997 No. 545 and S.R. 2001 No. 153
f26: Article 254A was inserted into the 1986 Order by S.R. 1997 No. 436
f27: Article 255 was inserted into the 1986 Order by Article 15 of the Companies (Northern Ireland) Order 1990 in place of an existing Article of that number, and amended by S.R. 1992 No. 503, S.R. 1997 No. 314 and S.R. 1997 No. 436
f28: Article 255A was inserted into the 1986 Order by S.R. 1997 No. 436, and amended by S.I. 2001/3649
f29: Article 255B was inserted into the 1986 Order by S.R. 1997 No. 436, and amended by S.R. 2001 No. 153
f30: Article 257A was inserted into the 1986 Order by S.R. 1995 No. 128, and amended by S.R. 1997 No. 500 and by S.R. 2001 No. 153
f31: Article 257AA was inserted into the 1986 Order by S.R. 2001 No. 153, and amended by S.I. 2001/3649
f32: Article 257B was inserted into the 1986 Order by S.R. 1995 No. 128, and amended by S.R. 1997 No. 314, S.R. 1997 No. 500, S.R. 2001 No. 153, S.I. 2001/1283, S.I. 2001/3649 and S.R. 2004 No. 190
f33: Article 257C was inserted into the 1986 Order by S.R. 1995 No. 128, and amended by S.R. 1997 No. 436 and S.R. 2001 No. 153
f34: Article 257D was inserted into the 1986 Order by S.R. 1995 No. 128, and amended by S.R. 1997 No. 500
f35: Article 257E was inserted into the 1986 Order by S.R. 1995 No. 128, and amended by S.R. 2001 No. 153
f36: Article 259 was inserted into the 1986 Order by Article 17 of the Companies (Northern Ireland) Order 1990 in place of an existing Article of that number, and subsequently amended in a manner not relevant to these Regulations
f37: Articles 260 and 261 were inserted into the 1986 Order by Article 18 of the Companies (Northern Ireland) Order 1990 in place of existing Articles of those numbers
f38: Article 262 was inserted into the 1986 Order by Article 19 of the Companies (Northern Ireland) Order 1990 in place of an existing Article of that number, and subsequently amended in a manner not relevant to these Regulations
f39: Article 263 was inserted into the 1986 Order by Article 20 of the Companies (Northern Ireland) Order 1990 in place of an existing Article of that number, substituted by S.R. 1992 No. 258 and amended by S.R. 1994 No. 428
f40: Article 263A was inserted into the 1986 Order by Article 20 of the Companies (Northern Ireland) Order 1990, substituted by S.R. 1992 No. 258 and amended by S.R. 1993 No. 199, S.R. 1994 No. 428 and S.R. 1997 No. 314
f41: Article 263B was inserted into the 1986 Order by Article 20 of the Companies (Northern Ireland) Order 1990, substituted by S.R. 1992 No. 258 and amended by S.R. 1993 No. 199
f42: Article 263D was inserted into the 1986 Order by Article 20 of the Companies (Northern Ireland) Order 1990 and amended by S.I. 2001/3649
f43: Article 265 was inserted into the 1986 Order by Article 22 of the Companies (Northern Ireland) Order 1990 in place of an existing Article of that number
f44: Article 268 was inserted into the 1986 Order by Article 24 of the Companies (Northern Ireland) Order 1990 in place of an existing Article of that number, and amended by S.R. 1992 No. 258, S.R. 1994 No. 428 and S.R. 1997 No. 436
f45: Article 270 was inserted into the 1986 Order by Article 24 of the Companies (Northern Ireland) Order 1990 in place of an existing Article of that number, and amended by S.R. 1993 No. 199, S.R. 1997 No. 314 and S.I. 2002/765
f46: Article 270A was inserted into the 1986 Order by Article 24 of the Companies (Northern Ireland) Order 1990, and amended by S.R. 1992 No. 258, S.R. 1994 No. 428, S.R. 1995 No. 128, S.R. 1997 No. 314 and S.R. 1997 No. 436
f47: Schedule 4 was amended by Article 6(2) of, and Schedule 1 to, the Companies (Northern Ireland) Order 1990
f48: Paragraph 3 was amended by S.R. 1997 No. 314
f49: Balance sheet formats 1 and 2 were amended by Article 6(2) of, and paragraphs 1 to 4 of Schedule 1 to, the Companies (Northern Ireland) Order 1990
f50: Profit and loss account formats 1 and 2 were amended by Article 6(2) of, and paragraphs 1 to 3 of Schedule 1 to, the Companies (Northern Ireland) Order 1990
f51: Paragraph 12 was amended by Article 25 of, and paragraph 23 of Schedule 10 to, the Companies (Northern Ireland) Order 1990
f52: Paragraph 34 was amended by Article 6(2) of, and paragraph 6 of Schedule 1 to, the Companies (Northern Ireland) Order 1990 and by S.R. 1997 No. 314
f53: Paragraph 56 was amended by S.R. 1997 No. 314
f54: Paragraph 58 was amended by Article 6(2) of, and paragraph 10 of Schedule 1 to, the Companies (Northern Ireland) Order 1990
f55: Schedule 4A was inserted by Article 7(2) of, and Schedule 2 to, the Companies (Northern Ireland) Order 1990
f56: Paragraph 1 was amended by S.R. 1997 No. 314 and S.R. 1997 No. 436
f57: Schedule 5 was substituted by Article 8(2) of, and Schedule 3 to, the Companies (Northern Ireland) Order 1990
f58: Paragraph 6 was amended by S.R. 1997 No. 314
f59: Paragraph 9A was inserted by S.R. 1994 No. 133
f60: Paragraph 28A was inserted by S.R. 1994 No. 133
f61: Schedule 8 was substituted by S.R. 1997 No. 436
f62: Schedule 8A was inserted by S.R. 1997 No. 436