Preliminary
47. Any information required in the case of a company by the following provisions of this Part of this Schedule shall be given by way of a note to the accounts, unless otherwise provided.
General
Disclosure of accounting policies
48. The accounting policies adopted by the company in determining the amounts to be included in respect of items shown in the balance sheet and in determining the profit or loss of the company shall be stated (including such policies with respect to the depreciation and diminution in value of assets).
49. If there are changes to the accounting policies adopted by the company from one year to the next, these changes shall be stated together with the reasons for the changes and their effect on the accounts of the company.
Sums denominated in foreign currencies
50. Where any sums originally denominated in foreign currencies have been brought into accounts under any items shown in the balance sheet format or the profit and loss accoun