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FRS102 s1A - Disclosure of subsidiary companies?

Is there a requirement to disclose details of subsidiaries in notes?

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A Limited owns 70% of B Limited, an overseas subsidiary trading company. A Ltd is a small company and able to use section 1A reduced disclosures. It is not filing consolidated group accounts.

I know that related party transactions with subsidiaries not wholly owned must be disclosed (if not under normal market conditions).

Is there a requirement to disclose the details of B Limited, such as name, shareholding etc, in the notes to the accounts?

Many thanks for your help.

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By johngroganjga
13th Aug 2018 19:35

Why are you asking someone to read FRS102 (1a) for you. Why not read it yourself?

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