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Non-current investment, held with a view of resale

Need an example FS on a company with Noncurrent investment, held with a view of resale within 12 mth

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Hi,

I am looking for example financial statements of a company, with Non-current investment (a controlling interest re 80% shareholding in another entity), held with a view of resale within 12 months (claiming consolidation exemption under FRS102 section 9.9(b)). 

I need to have some disclosure guideline for the accounts, that I am reviewing at present.

Your help will be much appreciated.

Many thanks.

 

Replies (5)

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By Wanderer
21st May 2020 06:35

Struggling with "Non-current investment" v "held with a view of resale within 12 months".

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By johnt27
21st May 2020 09:46

Assets held for sale is an IFRS concept and does not appear in FRS102 so you would continue to classify any such asset in accordance with the normal accounting practice applicable to the asset.

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Replying to johnt27:
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By ktalat
24th May 2020 06:58

I am looking for example financial statements of a company, with Non-current investment (a controlling interest re 80% shareholding in another entity), held with a view of resale within 12 months (claiming consolidation exemption under FRS102 section 9.9(b)).

I need to have some disclosure guideline for the accounts, that I am reviewing at present.

Your help will be much appreciated.

Many thanks.

Thanks (0)
Replying to ktalat:
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By Cheshire
24th May 2020 08:34

Repeated Q 24 May, in response to John, exactly same as OP.

ktalat wrote:

I am looking for example financial statements of a company, with Non-current investment (a controlling interest re 80% shareholding in another entity), held with a view of resale within 12 months (claiming consolidation exemption under FRS102 section 9.9(b)).

I need to have some disclosure guideline for the accounts, that I am reviewing at present.

Your help will be much appreciated.

Many thanks.

Thanks (0)
.
By Cheshire
24th May 2020 08:33

Original Q 21 May.

ktalat wrote:

Hi,

I am looking for example financial statements of a company, with Non-current investment (a controlling interest re 80% shareholding in another entity), held with a view of resale within 12 months (claiming consolidation exemption under FRS102 section 9.9(b)). 

I need to have some disclosure guideline for the accounts, that I am reviewing at present.

Your help will be much appreciated.

Many thanks.

 

Thanks (0)
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