Sample Disclosure – Change Of Financial Year End (15 May 2009)

Change of year end


The financial year end of the Company was changed from 31 December to 28 February so as to coterminous with the year end of its ultimate holding company as required by section 168 (1) (b) of Companies Act 1965. Accordingly, the current financial statements are prepared for 13 months from 1 January 2008 to 28 February 2009 and as a result, the comparative figures stated in the income statement, statement of changes in equity, cash flow statement and the related notes are not comparable.