On 26/05/2013,
you requested for the version in force on 26/05/2013
incorporating all amendments published on or before 26/05/2013.
The closest version currently available is that of 15/08/2012.
24. The summary financial statement referred to in section 21 of the Act shall contain the following information:
(a)
objectives of the Academy;
(b)
a consolidated profit and loss accounts of the Academy, as audited and laid before the Senate, comprising —
(i)
total income;
(ii)
total expenditure;
(iii)
surplus or deficit before taxation;
(iv)
amount payable in tax;
(v)
surplus or deficit after taxation;
(vi)
amount transferred to grants and other funds;
(vii)
net surplus or deficit for the year;
(c)
a consolidated balance sheet, as audited and laid before the Senate, comprising —
(i)
fixed assets;
(ii)
deferred expenditure and tax assets;
(iii)
funds with fund managers;
(iv)
current assets;
(v)
current liabilities;
(vi)
grants;
(vii)
other funds;
(viii)
accumulated funds;
(d)
material changes to the structure of Academy;
(e)
a summary of significant related party dealings;
(f)
statistics regarding composition of members.