SCHEDULES
C1C2SCHEDULE 4 Form and Content of Company Accounts
Part III Notes to the Accounts
58
1
Where sums originally denominated in foreign currencies have been brought into account under any items shown in the balance sheet or profit and loss account, the basis on which those sums have been translated into sterling shall be stated.
C32
Subject to the following sub-paragraph, in respect of every item stated in a note to the accounts the corresponding amount for the financial year immediately preceding that to which the accounts relate shall also be stated and where the corresponding amount is not comparable, it shall be adjusted and particulars of the adjustment and the reasons for it shall be given.
3
Sub-paragraph (2) does not apply in relation to any amounts stated by virtue of any of the following provisions of this Act—
F1a
paragraph 13 of Schedule 4A (details of accounting treatment of acquisitions),
b
paragraphs 2, 8(3), 16, 21(1)(d), 22(4) and (5), 24(3) and (4) and 27(3) and (4) of Schedule 5 (shareholdings in other undertakings),
c
Parts II and III of Schedule 6 (loans and other dealings in favour of directors and others), and
d
paragraphs 42 and 46 above (fixed assets and reserves and provisions).
Sch. 4 applied with modifications by S.I. 1985/680, regs. 4–6, Sch. and Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1), s. 176(9), Sch. 8 para. 19(3)(4)(5)