1(1)Subject to the following provisions of this Part of this Schedule —
(a)every balance sheet of a company shall show the items listed in the balance sheet format set out below in section B of this Chapter; and
(b)every profit and loss account of a company shall show the items listed in the profit and loss account format so set out,
in either case in the order and under the headings and sub-headings given in the format.
(2)Sub-paragraph (1) above is not to be read as requiring the heading or sub-heading for any item to be distinguished by any letter or number assigned to that item in the format.