This publication provides detailed guidance and invaluable commentary on the presentation and disclosure requirements for UK unlisted groups and entities preparing financial reports in accordance with UK Generally Accepted Accounting Practice (UK GAAP).

The first section explains the regulatory framework which apply to UK companies electing to report under UK GAAP. It is intended for the many unlisted companies that continue to use UK GAAP and does not cover financial reporting under International Financial Reporting Standards (IFRS).

The next section then presents model financial statements for unlisted groups along with a detailed commentary on the facing page to the principal requirements. These model financial statements illustrate the most common disclosure requirements with the accompanying commentary explaining the related rules which drive those and other disclosures. References to the relevant source material are included within the commentary so that, as necessary, the rules may be fully considered.