The purpose of this section is to require firms to provide the FCA with regular information in a standard format. This information will assist the FCA in assessing firms’ financial resilience and targeting supervisory resources according to firms’ risk of failure and the harm they would cause if they failed.

The reporting time period can be found on the original email from the FCA.

Please complete all fields - the form will not submit until all fields are complete.

Name

First Name

Last Name

Firm Name / Reference Number

Total amount of liquid assets that you control or have unrestricted access to *

Firms should report the total liquid assets that they have unrestricted access to, as at the final day of their financial quarter, as a positive number. If they do not have access to any liquid assets, firms should report a zero. ‘Control’ or ‘have unrestricted access to’ means that the firm is able to decide when and how to access these without external input (e.g., from their parent or another member of their group). Liquid assets are financial assets that firms have available to quickly meet their obligations. These include cash, available committed facilities and other high quality liquid assets listed below. Cash includes coins and banknotes, unencumbered short-term deposits held at a credit institution (such as cash at bank), and reserves held in a central bank. It may include money received as part of a government-backed loan scheme but does not include client money. Available committed facilities mean a credit facility which has been formally agreed between the firm and a lender, such as a loan or revolving credit facility with no material adverse change clause. Available committed facilities should be reported as positive values

Average monthly cash needs arising from fixed costs *

Cash needs arising from fixed costs include all fixed costs that result in a cash outflow. When assessing the average monthly cash needs arising from fixed costs, firms should estimate their needs for a period of three months following the calculation and divide the result by 3 to find the monthly average.

Net profit or loss in the last quarter

This is the net profit or loss after tax over the relevant reporting period (financial quarter) with loss reported as a negative number. This should not be reported on a cumulative basis for the year but instead as the profit (loss) over the relevant reporting period.

Revenue for the financial year to date *

Revenue is the total income generated before deducting any expenses for the financial year to date, even if this has not been audited. Revenue may be zero but cannot be negative. If you have not completed a full quarter, you should report a zero for that quarter. This submission should be completed on a cumulative basis (capturing the amount for each available quarter) for the firm’s current financial year up to the reporting date.

Net asset or liability position

Net asset position is the total assets minus total liabilities at the end of the relevant reporting period (financial quarter). This should be reported as a negative number if the liabilities are greater than the assets.

Rockstone Compliance