Regulation 51 Amendments to Section B of Part 1 of Schedule 1 (required formats for accounts: non-IAS individual accounts)
In Section B of Part 1 of Schedule 1 (required formats for accounts: non-IAS individual accounts) -
(a) in balance sheet Format 1, in item K III, after "Other reserves" insert ", including the fair value reserve";
(b) in balance sheet Format 2 -
(i) for the heading "LIABILITIES" substitute "CAPITAL, RESERVES AND LIABILITIES"; and
(ii) in item B III, after "Other reserves" insert ", including the fair value reserve";
(c) in profit and loss account Format 1 -
(i) in item 12, for "charges" substitute "expenses";
(ii) in items 13 and 14, omit "on ordinary activities"; and
(iii) omit items 15 to 18;
(d) in profit and loss account Format 2 -
(i) in items 5(b), 8 and 14, for "charges" substitute "expenses";