Consolidation & reporting specialists · since 2004
What did you come for?
Most clients come for the first one. The rest are here when you want them — separately, or joined up.
Annual financial statements
Group consolidations and IFRS sets, for owner-managed companies through to listed groups. Send us the trial balances and we produce the consolidated set, the working paper pack and the filing.
STATEMENT OF FINANCIAL POSITION
Property, plant and equipment25 682 193
Trade and other receivables3 908 101
Cash and cash equivalents2 428 226
Total assets32 018 520
SIGNED · 26 JUN 2026
The claim
Group consolidations and annual financial statements are not a side-line here. They are the practice.
Twenty-two years of group consolidations and annual financial statements, for owner-managed companies through to listed groups — prepared by experienced teams who do this and little else, and priced accordingly, because nobody here is learning on your file.
Reporting frameworks
- IFRS
- IFRS for SMEs
- UK GAAP
2004
Founded
22
Years in practice
Days, not weeks
Typical turnaround
IFRS
Consolidations, NCI and translation, in-house
The volume
Multiple accounts in. One set of AFS out.
The slow part of a set is not the accounting. It is deciding where thousands of ledger accounts belong — in every entity of a group — and being able to defend it. We have been making those decisions since 2004, so they do not hold the set up.
That comes from experience, not from rushing — we are not starting from scratch on your file.
- 1000/000Land and buildings — cost12 480 300
- 1090/000Accumulated depreciation — PPE(2 118 442)
- 1100/000Plant and machinery8 902 115
- 1500/000Investment in subsidiary3 200 000
- 2000/000Trade debtors control4 271 883
- 2000/100Provision for doubtful debts(318 442)
- 2100/000Loan to subsidiary1 250 000
- 3000/000Bank — FNB cheque account1 942 006
- 4000/000Trade creditors control(3 774 921)
- 5100/000Cost of sales29 884 006
- 6000/000Salaries and wages9 442 118
- 6100/000Depreciation — owned assets1 886 662
- 7000/000Taxation — current1 226 448
- Property, plant and equipmentNote 425 682 193
- Trade and other receivablesNote 73 908 101
- Cash and cash equivalentsNote 92 428 226
Three of the lines. The rest of the set follows — comparatives, note references and the notes they point to. The ledger opposite is one company's; the set is the group's, which is what the consolidation in the next act does.
The method
We join where your process needs us.
Some clients have their own bookkeeping and tax people and come to us only for the reporting — the mapping, the consolidation and the disclosure. Others hand us everything from the bookkeeping up. Both are normal; you choose where we start.
- 01
Account
Monthly bookkeeping and payroll produce the trial balance the reporting starts from.
Your team, or ours - Most clients start hereMost clients start here02
Map
Every account mapped to its disclosure line, once, and reused every year.
Core engagement - 03
Tax
Your tax department's computation, agreed into the set to the rand.
Your team, or ours - 04
Consolidate
Every entity in the group, with the eliminations posted and proved, in one worksheet.
Core engagement - 05
Disclose
Group statements and notes generated from the mapping, so the notes agree with the face.
Core engagement - 06
File
CIPC annual return and the iXBRL filing, lodged and accepted.
Available too
Consolidation worksheet · two entities
| Parent | Subsidiary | Eliminations | Group | |
|---|---|---|---|---|
| Investment in subsidiary | 3 200 000 | — | (3 200 000) | — |
| Trade and other receivables | 3 953 441 | 1 204 660 | (1 250 000) | 3 908 101 |
| Total assets | 28 359 420 | 8 109 100 | (4 450 000) | 32 018 520 |
- The investment of 3 200 000 eliminates against the subsidiary's share capital; the intercompany loan of 1 250 000 comes off both sides.
- Wholly owned, so there is no non-controlling interest.
Tax, agreed
- Per the tax computations
- 1 621 798
- Per the financial statements
- 1 621 798
Each company files its own ITR14, so there is no group tax return: the agreement is per entity, before the group column exists.
Mapping, consolidation and disclosure are one pipeline here, not three hand-offs. Many clients bring us the trial balances; the other stages are available too.
The deliverable
Everything ends as a signed set.
Statements, notes and accounting policies — the set your board signs.
An audit-ready working paper pack — cross-referenced to the set, for your auditor.
The CIPC filing — lodged and accepted, not merely submitted.
Ledger accounts
12–90
Pages in a set
Cast, cross-referenced, reviewed and signed
IFRS · IFRS for SMEs · Companies Act 71 of 2008
SPECIMEN TRADING (PTY) LTD
Specimen Trading (Pty) Ltd and its wholly owned subsidiary
Reg. 0000/000000/07
Consolidated Statement of Financial Position
as at 28 February 2026
Assets
Equity and liabilities
Group retained income comprises the company's retained income plus the post-acquisition reserves of the subsidiary. The cost of the investment has been eliminated against the subsidiary's share capital.
The annual financial statements were approved by the directors and signed on their behalf by:
Since 2004.
Twenty-two years of group consolidations and annual financial statements — and the bookkeeping, payroll, tax and CIPC work too, for those who would rather not carry it. One engagement, one set of figures.
- SAICA registered
- SAIPA registered
- IFRS and IFRS for SMEs
- UK GAAP (FRS 102 / FRS 105)
- CIPC iXBRL filing
Send us last year's statements.
We will tell you what we would do differently, and what it would cost — usually within one working day.
(012) 111 7614·info [at] htcogrp dot com