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Investment summary |
See Also
Adjustment of profit | Expense analysis | Profit and loss account / Income statement (D schedule)
Select from the following headings:
Background | Developing the schedule | Completing the Schedule | Standard Sub-Schedules | Carry Forward | Related Errors
This schedule allows the movement in costs and provisions for investments in other companies to be analysed, and the provision movement reconciled to any charge recognised in the D or Expense analysis schedules.
This schedule may be developed from the Profit and loss account or any expense analysis schedule.
The schedule is tabular, providing a row for each investment. Additional rows can be inserted as required, by use of the Ins key.
Columns are provided for investment at the beginning of the period, additions and disposals, and for amounts charged to P/L. You should also enter the movement in any provision made against the investment. The value of the total provision at the accounting period end is displayed in the Provision c/f cell whereas the value of the investment net of any provision per the balance sheet, is computed in the Balance sheet value cell.
This net movement on any provision made against investments will be added back or deducted per the A schedule.
The user is required to calculate any consequent taxable gains and reliefs.
Investment companies
The investment company schedule is identical to that of a trading company.
Long periods of account
The same schedule will be displayed where there is a long period of account.
On carry forward descriptions of investments, costs and provisions are automatically carried forward into the subsequent period.
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