PTP Accounts Production Summer release v26.2.0.496
Overview
The PTP Accounts Production Summer release version 26.2.0.496 includes updates to the new Charities SORP 2026, electronic submissions to Companies House via the Companies House Zip Service. CIC accounts are produced through the iXBRL method with the accompanying CIC34 report. And finally, updates have been made in line with Academies Accounts Direction 2025 to 2026.
PTP Accounts Production
Charities SORP 2026
PTP Accounts Production has been updated for the new Charities SORP 2026, effective for reporting periods beginning on or after 1 January 2026 (early adoption permitted) and applied alongside the FRS 102 Periodic Review. Key changes include:
- New revenue recognition model for income from non-exchange transactions, with updated data screens, notes and reports
- Updated lease accounting across the leasing note, accounting policy, balance sheet, cash flow statement and group structures
- Restructured Trustees’ Report, including Reference and administrative details (with Senior Management Team), governance, objectives, financial review and sustainability
- Revised Statement of Financial Activities (SOFA), such as fund movements Updated disclosures for social investments, supplier finance arrangements and charitable activities, plus early adoption and disclosure exemption options
- iXBRL tagging updated to reflect SORP 2026
Electronic submission of CIC accounts
Community Interest Company (CIC) accounts can now be prepared for electronic submission to Companies House via the Companies House Zip Service. Accounts are produced through the usual iXBRL route with the accompanying CIC34 report via Accounts Production (tagged to the 2025 taxonomies) and generates a single zip file containing both for filing utilising the Communications tab in Practice Management.
Academies Accounts Direction 2025 to 2026
The product has been updated in line with the Academies Accounts Direction (AAD) 2025 to 2026, including removal of the Trade Union facility time reference and references to the ESFA in the Trustees’ report, and updated wording in the Pensions and similar benefits note (opening and Teachers’ Pension Scheme sections).