The June 2025 Compliance Release Notes have the below introductions:
-
Documentation Packs
a. United Kingdom and Northern Ireland - Charity
b. United Kingdom and Northern Ireland - Farmer; Unaudited - Ireland, UK and Northern Ireland - Company - extended Accounting & Disclosure Error Analysis Report
- UK -LLP- Updated iXBRL FRC DPL Taxonomy
Documentation Packs
a. United Kingdom & Northern Ireland - Charity
Engagement, Representation, Bank Confirmation and Solicitor's Confirmation Letters
i. Audited Letters
Prerequisites:
- Ensure the Audit Exempt under relevant companies act option is unchecked under Compliance Database > Client Details > Key Information.
- Add at least one bank to generate a Bank Confirmation Letter.
- Add at least one solicitor to generate a Solicitor's Confirmation Letter (Balance Sheet and Documents of Title).
Viewing Audited Letters:
- Engagement Letter: Select Show Audit Engagement Letter under Documentation Pack > Audit Engagement Letter. Modify sections as needed.
- Representation Letter: Select Show Audit Representation Letter under Documentation Pack > Audit Representation Letter. Modify sections as needed.
- Bank Confirmation Letter: Select Show Audit Bank Confirmation Letter under Documentation Pack > Audit Bank Confirmation Letter. Modify sections as needed.
- Solicitor's Confirmation Letter (Balance Sheet): Select Show Audit Letter to Solicitor's Re Balance Sheet under Documentation Pack > Audit Letter to Solicitor's Re Balance Sheet. Modify sections as needed.
- Solicitor's Confirmation Letter (Documents of Title): Select Show Audit Letter to Solicitor's Re Documents of Title under Documentation Pack > Audit Letter to Solicitor's Re
- Documents of Title. Modify sections as needed.
ii. Unaudited Letters:
Prerequisites:
- Ensure the Audit Exempt under relevant companies act option is checked under Compliance Database > Client Details > Key Information.
- Add at least one bank to generate a Bank Confirmation Letter.
- Add at least one solicitor to generate a Solicitor's Confirmation Letter (Balance Sheet and Documents of Title).
Viewing Unaudited Letters:
- Bank Confirmation Letter: Select Show Audit Bank Confirmation Letter under Documentation Pack > Audit Bank Confirmation Letter. Modify sections as needed.
- Solicitor's Confirmation Letter (Balance Sheet): Select Show Audit Letter to Solicitor's Re Balance Sheet under Documentation Pack > Audit Letter to Solicitor's Re Balance Sheet. Modify sections as needed.
Solicitor's Confirmation Letter (Documents of Title): Select Show Audit Letter to Solicitor's Re Documents of Title under Documentation Pack > Audit Letter to Solicitor's Re Documents of Title. Modify sections as needed.
i. Unaudited Letters:
Prerequisites:
- Add at least one bank to generate a Bank Confirmation Letter.
- Add at least one solicitor to generate a Solicitor's Confirmation Letter (Balance Sheet and Documents of Title).
Viewing Unaudited Letters:
- Engagement Letter: Select Show Engagement Letter under Documentation Pack > Engagement Letter. Modify sections as needed.
- Representation Letter: Select Show Representation Letter under Documentation Pack > Representation Letter. Modify sections as needed.
- Bank Confirmation Letter: Select Show Bank Confirmation Letter under Documentation Pack>Bank Confirmation Letter. Modify sections as needed.
- Solicitor's Confirmation Letter (Balance Sheet): Select Show Letter to Solicitor's Re Balance Sheet under Documentation Pack > Letter to Solicitor's Re Balance Sheet. Modify sections as needed.
- Solicitor's Confirmation Letter (Documents of Title): Select Show Letter to Solicitor's Re Documents of Title under Documentation Pack > Letter to Solicitor's Re Documents of Title. Modify sections as needed.
Ireland, UK and Northern Ireland - Company
Accounting & Disclosure Error Analysis Report
We have introduced guidance on an additional eight accounting and disclosure errors in this release.
Each error has been thoroughly evaluated with proper formulas to ensure accuracy and reliability before the finalization of books of accounts.
| Sl No | Accounting & Disclosure Error Note Name | Section |
| 1 | Intangible Fixed Assets Current Year | Notes |
| 2 | Intangible Fixed Assets Comparative Year | Notes |
| 3 | Tangible Assets Current Year | Notes |
| 4 | Tangible Assets Comparative Year | Notes |
| 5 | Investment Property Current Year | Notes |
| 6 | Investment Property Comparative Year | Notes |
| 7 | Financial Fixed Assets Current Year | Notes |
| 8 | Financial Fixed Assets Comparative Year | Notes |
UK - LLP - Updated iXBRL FRC DPL Taxonomy
In accordance with the latest taxonomies released by the Financial Reporting Council (FRC) and adopted by HMRC, we have implemented the DPL FRC 2023 taxonomies under Limited Liability Partnership template. These taxonomies are applicable to HMRC, facilitating the submission of iXBRL accounts, including DPL tags to the relevant authorities.