SCHEDULES
F1X1 SCHEDULE 8FORM AND CONTENT OF ACCOUNTS PREPARED BY SMALL COMPANIES
Annotations:
Editorial Information
Amendments (Textual)
F1
Sch. 8 substituted (1.3.1997) by S.I. 1997/220, reg. 2(2), Sch. 1
PART II ACCOUNTING PRINCIPLES AND RULES
Section A Accounting Principles
Accounting principles
F212
The amount of any item shall be determined on a prudent basis, and in particular—
a
only profits realised at the balance sheet date shall be included in the profit and loss account; and
b
all liabilities F3. . . which have arisen F3. . . in respect of the financial year to which the accounts relate or a previous financial year shall be taken into account, including those which only become apparent between the balance sheet date and the date on which it is signed on behalf of the board of directors in pursuance of section 233 of this Act.
Sch. 8: the earliest available versions of Sch. 8 and its contents are those having effect on 16.11.1992