SCHEDULE 4INFORMATION ON RELATED UNDERTAKINGS REQUIRED WHETHER PREPARING COMPANIES ACT OR IAS ACCOUNTS
PART 2COMPANIES NOT REQUIRED TO PREPARE GROUP ACCOUNTS
Reason for not preparing group accounts10
1
The reason why the company is not required to prepare group accounts must be stated.
2
If the reason is that all the subsidiary undertakings of the company fall within the exclusions provided for in section 405 of the 2006 Act (Companies Act group accounts: subsidiary undertakings included in the consolidation), it must be stated with respect to each subsidiary undertaking which of those exclusions applies.