With-profits value of bonus: R0120 (carried forward) = r0090 (accruing) + r0100 (brought forward) - r0110 (transferred) (IRR.12.05, Bank of England rule IR_bv1826)

The rule in plain words

This is a blocking check. A return that fails it is normally rejected, so fix it before you submit. It runs only when your filing indicators mark IRR.12.05 as reported.

The cells it reads

Which returns it applies to

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

The Bank’s own words and formula

The plain words above are the Bank of England’s own, word for word, from its list of validations.

Other rules on With-profits value of bonus (IRR.12.05)

Every Solvency UK rule on IRR.12.05

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.