# The Registered Housing Associations (Accounting Requirements) Order 1992, Article 14: Income and expenditure account


Subject to article 15, the income and expenditure account of every association shall—
(a) include headings and sub-headings corresponding to the items listed in Format 1 of Part I of Schedule 4 to the Companies Act 1985 where the items are listed by reference to the activities of the association or, in any other case, Format 2 of that Part;
(b) show the amount of the items listed under those headings;
(c) show the amount of the surplus or deficit of the association in respect of the ordinary activities of the association before taxation; and
(d) show separately as additional items any amount set aside or proposed to be set aside to or withdrawn from reserves.

---
Source: https://www.legislation.gov.uk/uksi/1992/512/article/14 (the official version)
Page: https://openlegislation.uk/registered-housing-associations-accounting-requirements-order-1992/article-14
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.