Line4

1 min readBlockingBank of England taxonomy 2.2.0Updated 11 November 2026

The item "Total assets" reported in Balance sheet [RFF/MP/RM] should be equal to the sum of the different items reported above (IRR.01.01, IRR.02.01, Bank of England rule IR_bv0895_02)

A blocking check on the content of the submission (IRR.01.01) and balance sheet (IRR.02.01) templates, in the annual group (ARG) return.

Check your file for this ruleWhat to do if it fails

The rule in plain words

The item "Total assets" reported in Balance sheet (IRR.02.01) [RFF/MP/RM] should be equal to the sum of the different items reported above

What to do if your return fails it

  1. 01Open the tables below and find the cells the rule reads.
  2. 02The check applies only when its first part holds in your return. When it does, the second part must hold too: fix the second part, or correct the first.
  3. 03The Bank of England allows a small rounding difference, worked out from the decimals each value is reported with.
  4. 04It runs only when your filing indicators mark IRR.01.01 and IRR.02.01 as reported.
  5. 05This is a blocking check. A return that fails it is normally rejected, so fix it before you submit.

The cells it reads

Content of the submission (IRR.01.01.04.01)

Row

  • R0790IRR.02.01.01 - Balance sheet

Column

  • C0010c

Balance sheet (IRR.02.01.01.01)

Rows

  • R0030Intangible assets
  • R0040Deferred tax assets
  • R0050Pension benefit surplus
  • R0060Property, plant & equipment held for own use
  • R0070Investments (other than assets held for index-linked and unit-linked contracts)
  • R0220Assets held for index-linked and unit-linked contracts
  • R0230Loans and mortgages
  • R0270Reinsurance recoverables from:
  • R0350Deposits to cedants
  • R0360Insurance and intermediaries receivables
  • R0370Reinsurance receivables
  • R0380Receivables (trade, not insurance)
  • R0390Own shares (held directly)
  • R0400Amounts due in respect of own fund items or initial fund called up but not yet paid in
  • R0410Cash and cash equivalents
  • R0420Any other assets, not elsewhere shown
  • R0500Total assets

Column

  • C0010Solvency II value

Which returns it applies to

Line4 Check runs it on annual group (ARG) return on Bank of England taxonomy 2.2.0. The Bank of England applies it to annual group (ARG) returns, as a blocking check.

The Bank’s own words and formula

In the Bank of England’s list of validations, word for word:

The item "Total assets" reported in IRR.02.01 - Balance sheet [RFF/MP/RM] should be equal to the sum of the different items reported above.
Show the formulaShow

The Bank of England's formula. Cells are written as {t: table, r: row, c: column}.

if ({t: IRR.01.01.04.01, r: R0790, c: C0010, z: Z0001} = $[s2c_CN:x1]) then {t: IRR.02.01.01.01, r: R0500, c: C0010, z: Z0001} = {t: IRR.02.01.01.01, r: R0030, c: C0010, z: Z0001} + {t: IRR.02.01.01.01, r: R0040, c: C0010, z: Z0001} + {t: IRR.02.01.01.01, r: R0050, c: C0010, z: Z0001} + {t: IRR.02.01.01.01, r: R0060, c: C0010, z: Z0001} + {t: IRR.02.01.01.01, r: R0070, c: C0010, z: Z0001} + {t: IRR.02.01.01.01, r: R0220, c: C0010, z: Z0001} + {t: IRR.02.01.01.01, r: R0230, c: C0010, z: Z0001} + {t: IRR.02.01.01.01, r: R0270, c: C0010, z: Z0001} + {t: IRR.02.01.01.01, r: R0350, c: C0010, z: Z0001} + {t: IRR.02.01.01.01, r: R0360, c: C0010, z: Z0001} + {t: IRR.02.01.01.01, r: R0370, c: C0010, z: Z0001} + {t: IRR.02.01.01.01, r: R0380, c: C0010, z: Z0001} + {t: IRR.02.01.01.01, r: R0390, c: C0010, z: Z0001} + {t: IRR.02.01.01.01, r: R0400, c: C0010, z: Z0001} + {t: IRR.02.01.01.01, r: R0410, c: C0010, z: Z0001} + {t: IRR.02.01.01.01, r: R0420, c: C0010, z: Z0001} else true()

Every Solvency UK rule on IRR.01.01

Checks like this one, run at the point of submission, are the first step to real-time supervision. Line4 builds SupTech software for financial regulators that runs checks like these as each return arrives.