FRS 102 TRANSITION
FRS 102 Lease Transition Calculation Pack
Automated lease liability and right-of-use asset calculations, based on management-provided inputs.
The FRC has issued amendments to FRS 102 that are effective for accounting periods beginning on or after 1 January 2026. FRS 102 now requires entities to bring operating leases onto the balance sheet, provided they do not fall into the low value or short-term lease exemptions.
For straightforward lease portfolios, the challenge is not judgement — it is applying the mechanics consistently and documenting assumptions clearly. This tool provides a structured and efficient way to perform those calculations and produce supporting schedules for audit use.
Included
Present Value Calculation
Lease Liability and ROU schedules
Transition and subsequent journals
Disclosure tables
Supports: Fixed and Increasing payments, Rent-free periods, Break / extension options and Rent reviews
Out of Scope
Determine lease terms or assess reasonable certainty of options
Set discount rates or provide accounting advice
Variable or index-linked rent, modifications or subleases
Foreign currency leases
How It Works
01
Complete eligibility questionnaire
Confirm that your lease arrangements fall within the Calculation Pack scope through our assessment.
02
Upload your lease details
Download the Excel template, enter one row per lease, and upload it as part of your submission.
03
Confirm management judgements
Provide key inputs including discount rates and confirm management assumptions are clear.
04
Receive your calculation pack
Outputs delivered as Excel files with PV calculations, liability schedules, journals, and disclosures.
What You Receive
PV Lease Calculation
Lease Liability and ROU Asset Schedules
Pre-Populated Journals
Disclosure Tables
Via email <24 hrs
Outputs ready for internal use
Lease Results outputs delivered via email in one downloadable excel file alongside your lease input data.
ACA QUALIFIED
BIG 4 TRAINED
UK ACCOUNTING STANDARDS EXPERTISE
Built by Chartered Accountant Expertise
This calculation engine has been designed by a UK-qualified Chartered Accountant (ACA), Big 4 trained and a member of the ICAEW.
The approach reflects practical experience implementing FRS 102 accounting standards, including lease accounting across multiple entities and within regulated financial services environments.
Designed for straightforward lease portfolios. If your lease structures are complex, this tool may not be appropriate.
£299 per submission
Simple, Transparent Pricing
Price covers up to 20 similar leases. Leases must form a single portfolio (same asset type and accounting treatment, using one discount rate).