# Companies Act 1985, Paragraph 31: General rules

Extent: E+W+S+N.I.

Subject to any provision for depreciation or diminution in value made in accordance with paragraph 32 or 33 below, the amount to be included in respect of any asset in the balance sheet format shall be its cost.

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Source: https://www.legislation.gov.uk/ukpga/1985/6/schedule/9A/paragraph/31 (the official version)
Page: https://openlegislation.uk/companies-act-1985/schedule-9A/paragraph-31
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.