HC Deb 26 April 1995 vol 258 c610W
Mrs. Adams

To ask the Secretary of State for Scotland which body is responsible for auditing the accounts or trading activities of FCB Enterprise Securities; and if he will make a statement. [21009]

Lord James Douglas-Hamilton

[holding answer 25 April 1995]: Under the Companies Act 1985 all companies other than certain categories of small companies and dormant companies are required to appoint auditors. The Companies Act 1989 makes provision to secure that persons appointed as company auditors are appropriately qualified and independent. A copy of a company's annual accounts must be lodged, normally in the case of a private company within 10 months after the end of the company's financial year, with the Registrar of Companies. As my right hon. Friend is not involved in the running of FCB Enterprise Securities, he is unable to supply the information requested, which should be available from the Registrar of Companies.