Omnigss Ltd, has filed at Companies House accounts for the year ended 30 September 2019 prepared under FRS 101. However FRS101 should only be used if a company is a member of a group which prepares consolidated accounts that are publicly available. Omnigss is owned by a Jersey company whose accounts are not publicly avialable (I have asked for them, but been refused a copy). The accounts have a clean Review Report from a firm of Chartered Accountants.
I have pointed out to both the Directors and their Accountants that Omnigss was not eligible to use FRS 101 but they have declined to do anything about this.
The FRC have said this is not a matter for them and suggested Companies House. Companies House suggested contacting the Insolvency Service, but this is not of sufficient interest for the Insolvency Service to investigate.
ICAEW did make enquiries of the accountants, but the accountants only provided a review report (and presumably received representations from the directors about being entitled to use FRS 101), and the ICAEW did not take the matter further.
Is there anybody who will police the use of FRS 101, or can anyone file accounts prepared under FRS 101, even if not eligible?