SCHEDULE 6GROUP ACCOUNTS

PART 1FORM AND CONTENT OF COMPANIES ACT GROUP ACCOUNTS

General rules

1.

(1)

Subject to F1the following provisions of this Schedule, group accounts must comply so far as practicable with the provisions of Schedule 1 to these Regulations (Companies Act individual accounts) as if the undertakings included in the consolidation (“the group”) were a single company.

F2(1A)

Paragraph 1A of Schedule 1 to these Regulations does not apply to group accounts.

(2)

For item B.III in each balance sheet format set out in F3Section B of Part 1 of that Schedule substitute—

“B.

III.

Investments

1.

Shares in group undertakings

2.

Interests in associated undertakings

3.

Other participating interests

4.

Loans to group undertakings and undertakings in which a participating interest is held

5.

Other investments other than loans

6.

Others”.

(3)

In the profit and loss account formats F4in Section B of Part 1 of that Schedule replace the items headed “Income from participating interests”, that is—

(a)

in Format 1, item 8, F5and

(b)

in Format 2, item 10,

F6(c)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F6(d)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

by two items: “Income from interests in associated undertakings” and “Income from other participating interests”.