SCHEDULE 1 NON-IAS INDIVIDUAL ACCOUNTS

PART 1 GENERAL RULES AND FORMATS

SECTION B THE REQUIRED FORMATS FOR THE ACCOUNTS OF LLPS OTHER THAN MICRO-ENTITIES

Notes on the profit and loss account formats
(9) Cost of sales: distribution costs: administrative expenses
(Format 1, items 2, 4 and 5.)
These items must be stated after taking into account any necessary provisions for depreciation or diminution in value of assets.
(10) Income from other fixed asset investments: other interest receivable and similar income
(Format 1, items 9 and 10; Format 2, items 11 and 12.)
Income and interest derived from group undertakings must be shown separately from income and interest derived from other sources. Interest receivable from members must not be included under this item.
(11) Interest payable and similar expenses
(Format 1, item 12; Format 2, item 14.)
The amount payable to group undertakings must be shown separately. Interest payable to members must not be included under this item.
Word in Sch. 1 Pt. 1 Section B substituted (with effect in accordance with reg. 2(2)-(5) of the amending S.I.) by The Limited Liability Partnerships, Partnerships and Groups (Accounts and Audit) Regulations 2016 (S.I. 2016/575), regs. 2(1), 35(f)(i)
(12) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Words in Sch. 1 Pt. 1 Section B omitted (with effect in accordance with reg. 2(2)-(5) of the amending S.I.) by virtue of The Limited Liability Partnerships, Partnerships and Groups (Accounts and Audit) Regulations 2016 (S.I. 2016/575), regs. 2(1), 35(f)(ii)