ESOS - Financial Criteria

Use your most recently completed financial accounting period and convert the turnover and balance sheet figures into Euros using the Bank of England’s Pounds to Euros spot rate for the 31st of December 2014.

Fluctuating values
If your organisation meets the criteria in some years but not in others, then the two most recent consecutive accounting periods where your qualification remained the same (i.e. you qualified for two years in a row or didn’t qualify for two years in a row) must be considered. For example, if your organisation met the eligibility criteria in 2013/14 but did not in 2011/12 and 2012/13 then you would not have to take part in the scheme.

However if your organisation did not meet the criteria in 2013/14 but it did so in 2011/12 and 2012/13 then you would have to take part in the scheme.

The basic rule is that to pass from non-qualification to qualification, or vice versa, your organisation needs to be over or under the threshold(s) for two consecutive years.