Regulation 7 Periods in relation to which information must be publishedI1C1
United Kingdom
Subject to paragraphs (2) and (3), a qualifying company has two reporting periods in a financial year—
the first reporting period is the six months beginning with the first day of that financial year;
the second reporting period is the remainder of that financial year.
In the event that a qualifying company’s accounting reference period is shortened in accordance with section 392 (alteration of accounting reference date) of the 2006 Act so that a financial year lasts 9 months or less, the reporting period is that financial year.
In the event that a qualifying company’s accounting reference period is extended in accordance with section 392 (alteration of accounting reference date) of the 2006 Act so that a financial year lasts more than 15 months, there are three reporting periods—
the first reporting period is the six months beginning with the first day of that financial year;
the second reporting period is the six months beginning with the day after the last day of the first reporting period;
the third reporting period is the remainder of that financial year.
In this regulation “accounting reference period” has the meaning given in section 391 of the 2006 Act.
Annotations
Modifications
- C1
Reg. 7 modified (E.W.S.) (6.4.2017) by The Limited Liability Partnerships (Reporting on Payment Practices and Performance) Regulations 2017 (S.I. 2017/425), regs. 1(2), 8