Balance Sheet
Minimum access level: Tax, Accounting & Users, unless stated otherwise.
Attributes
| Attribute | Description | Kind |
|---|---|---|
| accounting_period_start_date |
Start date of the accounting period for which the values are shown Not applicable on opening balances |
Date |
| as_at_date |
Values shown are as at this date, starting from |
Date |
| currency | ISO code representing the company's native currency | String |
| capital_assets |
Capital assets of the business, containing:
|
Object |
| current_assets |
Current assets of the business, containing:
|
Object |
| current_liabilities |
Current liabilities of the business, containing:
A negative total debit value indicates money owed by the business |
Object |
| net_current_assets | Total value of all current asset and current liability account debit values added together, rounded to the nearest integer | Integer |
| total_assets | Total value of all capital asset, current asset and current liability account debit values added together, rounded to the nearest integer | Integer |
| owners_equity |
Owner's equity, containing:
A negative value indicates money owed by the business to its owner |
Object |
| total_owners_equity | Total owner's equity, rounded to the nearest integer. This number should always be the inverse of the business's total assets | Integer |
Get the balance sheet
GET https://api.freeagent.com/v2/accounting/balance_sheet
Date Filters
GET https://api.freeagent.com/v2/accounting/balance_sheet?as_at_date=2023-09-30
as_at_date- Date in YYYY-MM-DD format (optional)
Response
If no as_at_date param is specified, the values returned are as at the current date, from the beginning
of the ongoing annual accounting period.
If as_at_date is specified, the values returned are for the annual accounting period containing as_at_date,
up to the specified date.
Status: 200 OK
{
"balance_sheet": {
"accounting_period_start_date": "2023-03-01",
"as_at_date": "2023-09-30",
"currency": "GBP",
"capital_assets": {
"accounts": [
{
"name": "Other Capital Asset Brought Forward",
"nominal_code": "601-4",
"total_debit_value": 800
},
{
"name": "Other Capital Asset Purchase",
"nominal_code": "602-4",
"total_debit_value": 1649
},
{
"name": "Other Capital Asset Depreciation Brought Forward",
"nominal_code": "605-4",
"total_debit_value": -533
},
{
"name": "Other Capital Asset Depreciation",
"nominal_code": "606-4",
"total_debit_value": -816
}
],
"net_book_value": 1099
},
"current_assets": {
"accounts": [
{
"name": "Trade Debtors",
"nominal_code": "681",
"total_debit_value": 2040
},
{
"name": "Bank Account: Default bank account",
"nominal_code": "750-1",
"total_debit_value": 21722
},
{
"name": "VAT Reclaimed",
"nominal_code": "818",
"total_debit_value": 78
}
]
},
"current_liabilities": {
"accounts": [
{
"name": "Trade Creditors",
"nominal_code": "796",
"total_debit_value": -865
},
{
"name": "VAT",
"nominal_code": "817",
"total_debit_value": -5083
},
{
"name": "Corporation Tax",
"nominal_code": "820",
"total_debit_value": -4932
},
{
"name": "Expense Account: Development Team",
"nominal_code": "905-1",
"total_debit_value": -2055
},
{
"name": "Suspense Account",
"nominal_code": "999",
"total_debit_value": -100
}
]
},
"net_current_assets": 10806,
"total_assets": 11905,
"owners_equity": {
"accounts": [
{
"name": "Share Premium",
"nominal_code": "670",
"total_debit_value": -30
}
],
"retained_profit": -11875
},
"total_owners_equity": -11905
}
}
<?xml version="1.0" encoding="UTF-8"?>
<freeagent>
<balance-sheet>
<accounting-period-start-date type="date">2023-03-01</accounting-period-start-date>
<as-at-date type="date">2023-09-30</as-at-date>
<currency>GBP</currency>
<capital-assets>
<accounts type="array">
<account>
<name>Other Capital Asset Brought Forward</name>
<nominal-code>601-4</nominal-code>
<total-debit-value type="integer">800</total-debit-value>
</account>
<account>
<name>Other Capital Asset Purchase</name>
<nominal-code>602-4</nominal-code>
<total-debit-value type="integer">1649</total-debit-value>
</account>
<account>
<name>Other Capital Asset Depreciation Brought Forward</name>
<nominal-code>605-4</nominal-code>
<total-debit-value type="integer">-533</total-debit-value>
</account>
<account>
<name>Other Capital Asset Depreciation</name>
<nominal-code>606-4</nominal-code>
<total-debit-value type="integer">-816</total-debit-value>
</account>
</accounts>
<net-book-value type="integer">1099</net-book-value>
</capital-assets>
<current-assets>
<accounts type="array">
<account>
<name>Trade Debtors</name>
<nominal-code>681</nominal-code>
<total-debit-value type="integer">2040</total-debit-value>
</account>
<account>
<name>Bank Account: Default bank account</name>
<nominal-code>750-1</nominal-code>
<total-debit-value type="integer">21722</total-debit-value>
</account>
<account>
<name>VAT Reclaimed</name>
<nominal-code>818</nominal-code>
<total-debit-value type="integer">78</total-debit-value>
</account>
</accounts>
</current-assets>
<current-liabilities>
<accounts type="array">
<account>
<name>Trade Creditors</name>
<nominal-code>796</nominal-code>
<total-debit-value type="integer">-865</total-debit-value>
</account>
<account>
<name>VAT</name>
<nominal-code>817</nominal-code>
<total-debit-value type="integer">-5083</total-debit-value>
</account>
<account>
<name>Corporation Tax</name>
<nominal-code>820</nominal-code>
<total-debit-value type="integer">-4932</total-debit-value>
</account>
<account>
<name>Expense Account: Development Team</name>
<nominal-code>905-1</nominal-code>
<total-debit-value type="integer">-2055</total-debit-value>
</account>
<account>
<name>Suspense Account</name>
<nominal-code>999</nominal-code>
<total-debit-value type="integer">-100</total-debit-value>
</account>
</accounts>
</current-liabilities>
<net-current-assets type="integer">10806</net-current-assets>
<total-assets type="integer">11905</total-assets>
<owners-equity>
<accounts type="array">
<account>
<name>Share Premium</name>
<nominal-code>670</nominal-code>
<total-debit-value type="integer">-30</total-debit-value>
</account>
</accounts>
<retained-profit type="integer">-11875</retained-profit>
</owners-equity>
<total-owners-equity type="integer">-11905</total-owners-equity>
</balance-sheet>
</freeagent>
Get the opening balances
Note that the opening balances response does not include accounting_period_start_date or as_at_date, as they are not applicable. No date param is needed, as the values will always only relate to the opening balances period.
GET https://api.freeagent.com/v2/accounting/balance_sheet/opening_balances
Response
Status: 200 OK
{
"balance_sheet": {
"currency": "GBP",
"capital_assets": {
"net_book_value": 0
},
"current_assets": {
"accounts": [
{
"name": "Bank Account: Default bank account",
"nominal_code": "750-1",
"total_debit_value": 100
}
]
},
"current_liabilities": {
"accounts": [
{
"name": "Suspense Account",
"nominal_code": "999",
"total_debit_value": -100
}
]
},
"net_current_assets": 0,
"total_assets": 0,
"owners_equity": {
"retained_profit": 0
},
"total_owners_equity": 0
}
}
<?xml version="1.0" encoding="UTF-8"?>
<freeagent>
<balance-sheet>
<currency>GBP</currency>
<capital-assets>
<net-book-value type="integer">0</net-book-value>
</capital-assets>
<current-assets>
<accounts type="array">
<account>
<name>Bank Account: Default bank account</name>
<nominal-code>750-1</nominal-code>
<total-debit-value type="integer">100</total-debit-value>
</account>
</accounts>
</current-assets>
<current-liabilities>
<accounts type="array">
<account>
<name>Suspense Account</name>
<nominal-code>999</nominal-code>
<total-debit-value type="integer">-100</total-debit-value>
</account>
</accounts>
</current-liabilities>
<net-current-assets type="integer">0</net-current-assets>
<total-assets type="integer">0</total-assets>
<owners-equity>
<retained-profit type="integer">0</retained-profit>
</owners-equity>
<total-owners-equity type="integer">0</total-owners-equity>
</balance-sheet>
</freeagent>