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Paragraph 89 Miscellaneous matters

Original text. Later amendments are not shown.

(1)

Where any amount relating to any preceding financial year is included in any item in the profit and loss account, the effect must be stated.

(2)

Particulars must be given of any extraordinary income or charges arising in the financial year.

(3)

The effect must be stated of any transactions that are exceptional by virtue of size or incidence though they fall within the ordinary activities of the company.

Notes on Information supplementing the profit and loss account

Footnotes

f1

See regulation 6(2) for exemption for companies falling within section 408 of the 2006 Act (individual profit and loss account where group accounts prepared).