The Companies Act 1985 (Accounts of Small and Medium-sized Companies and Minor Accounting Amendments) Regulations 1997 No. 220

SCHEDULE 1 [SCHEDULE 8 TO THE COMPANIES ACT 1985]FORM AND CONTENT OF ACCOUNTS PREPARED BY SMALL COMPANIES

PART I GENERAL RULES AND FORMATS

Section B The Required Formats for Accounts

Profit and loss account formats Format 1 (see note (14) below)

1.  Turnover

2.  Cost of sales (11)

3.  Gross profit or loss

4.  Distribution costs (11)

5.  Administrative expenses (11)

6.  Other operating income

7.  Income from shares in group undertakings

8.  Income from participating interests

9.  Income from other fixed asset investments (12)

10.  Other interest receivable and similar income (12)

11.  Amounts written off investments

12.  Interest payable and similar charges (13)

13.  Tax on profit or loss on ordinary activities

14.  Profit or loss on ordinary activities after taxation

15.  Extraordinary income

16.  Extraordinary charges

17.  Extraordinary profit or loss

18.  Tax on extraordinary profit or loss

19.  Other taxes not shown under the above items

20.  Profit or loss for the financial year