A question on #CompanyAccounts tabled by Baroness Bowles of Berkhamsted on 12-03-2025 has been answered by Baroness Jones of Whitchurch.

Heading: Company Accounts
Question ID: 1784180
UIN: HL5713
House: Lords
Date tabled: 2025-03-12
Asking Member ID: 4562
Asking Member display name: Baroness Bowles of Berkhamsted
Asking Member handle:
Asking Member Twitter reference: Baroness Bowles of Berkhamsted
Member interest: false
Question text: To ask His Majesty's Government, further to the Written Answers by Baroness Jones of Whitchurch on 10 March (HL5235), why the guidance was not developed to address matters relating to distributable profits given that, under part 23 of the Companies Act 20
Is named day: false
Date of holding answer:
Date answered: 2025-03-26
Date answer corrected:
Is holding answer: false
Is correcting answer: false
Answering Member ID: 3792
Answering Member display name: Baroness Jones of Whitchurch
Answering Member handle: WhitchurchGirl
Answering Member Twitter reference: @WhitchurchGirl
Correcting Member ID:
Correcting Member display name:
Correcting Member handle:
Correcting Member Twitter reference:
Answer text: The guidance referred to in HL5235 is the FRC's Guidance on the Going Concern Basis of Accounting and Related Reporting (including Solvency and Liquidity risks). This guidance was developed to support companies in completing their 'going concern statement...
Original answer text:
Comparable answer text:
Answering body ID: 214
Answering body name: Department for Business and Trade
Tweeted: true