Wonder if some has any suggestion for dealing with Donated asset in CFR note. I understand from guidance, recognition of Donated asset in PPE is offset with credit in CIES which reversed out through MiRS as a credit to CAA.
However , when we are drawing up CFR note, PPE is increased by say £1m from donated asset, but how do we offset its financing so that there is nil impact to our CFR limit/MRP etc. I guess i should show £1m as Capital grants/contributions under Sources of Finance.
Any suggestions is highly appreciated.