SCHEDULE 1NON-IAS INDIVIDUAL ACCOUNTS
PART 1GENERAL RULES AND FORMATS
SECTION AGENERAL RULES
4
1
Where the special nature of the LLP’s business requires it, the members of the LLP must adapt the arrangement, headings and sub-headings otherwise required in respect of items given an Arabic number in the balance sheet or profit and loss account format used.
2
The members may combine items to which Arabic numbers are given in any of the formats set out in Section B if—
a
their individual amounts are not material to assessing the state of affairs or profit or loss of the LLP for the financial year in question, or
b
the combination facilitates that assessment.
3
Where sub-paragraph (2)(b) applies, the individual amounts of any items which have been combined must be disclosed in a note to the accounts.