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How abbreviated can abbreviated balance sheets be?



 
 
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Old March 31st 11, 04:19 PM
skrivener skrivener is offline
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First recorded activity by FinanceBanter: Mar 2011
Posts: 1
Default How abbreviated can abbreviated balance sheets be?

Hi

Late again! We're just rushing to get our Abbreviated Accounts sent out in time (for a simple £80k turnover business)

Can anyone help by telling us if it's OK to amalgamate "Stocks", "Debtors" & "Cash in hand" into a single figure of "Net Current Assets"

We've used the single figure in past abbreviated balance sheets without being queried on it, but when we try using the on-line form it appears it may force the three headings to be separated? (We are sending our regular printed abbreviated balance sheet by post)

I can't find anything on line that explains how abbreviated can abbreviated accounts be

Thanks

Q2 Why has no Anglo Saxon created an abbreviation for the word abbreviated
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