The Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008

Profit and loss account formats M1 U.K. Format 2

Marginal Citations

M1 See regulation 4(3)(a) for exemption for medium-sized companies in accounts delivered to registrar of companies.

1.

Turnover

2.

Change in stocks of finished goods and in work in progress

3.

Own work capitalised

4.

Other operating income

5.

(a)

Raw materials and consumables

(b)

Other external [F1 expenses]

6.

Staff costs

(a)

wages and salaries

(b)

social security costs

(c)

other pension costs

7.

(a)

Depreciation and other amounts written off tangible and intangible fixed assets

(b)

[F2 Amounts written off current assets, to the extent that they exceed write-offs which are normal in the undertaking concerned]

8.

Other operating [F3 expenses]

9.

Income from shares in group undertakings

10.

Income from participating interests

11.

Income from other fixed asset investments (15)

12.

Other interest receivable and similar income (15)

13.

Amounts written off investments

14.

Interest payable and similar [F4 expenses ] (16)

15.

Tax on profit or loss F5 ...

16.

Profit or loss F6 ... after taxation

17.

F7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

18.

F7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

19.

F7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

20.

F7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

21.

Other taxes not shown under the above items

22.

Profit or loss for the financial year

Textual Amendments

F1 Word in Sch. 1 Pt. 1 Section B substituted (with effect in accordance with reg. 2(2)-(5) of the amending S.I.) by The Companies, Partnerships and Groups (Accounts and Reports) Regulations 2015 (S.I. 2015/980), regs. 2(1), 27(3)(e)(i) (with reg. 3)

F2 Words in Sch. 1 Pt. 1 Section B substituted (with effect in accordance with reg. 2(2)-(5) of the amending S.I.) by The Companies, Partnerships and Groups (Accounts and Reports) Regulations 2015 (S.I. 2015/980), regs. 2(1), 27(3)(e)(ii) (with reg. 3)

F3 Word in Sch. 1 Pt. 1 Section B substituted (with effect in accordance with reg. 2(2)-(5) of the amending S.I.) by The Companies, Partnerships and Groups (Accounts and Reports) Regulations 2015 (S.I. 2015/980), regs. 2(1), 27(3)(e)(iii) (with reg. 3)

F4 Word in Sch. 1 Pt. 1 Section B substituted (with effect in accordance with reg. 2(2)-(5) of the amending S.I.) by The Companies, Partnerships and Groups (Accounts and Reports) Regulations 2015 (S.I. 2015/980), regs. 2(1), 27(3)(e)(iv) (with reg. 3)

F5 Words in Sch. 1 Pt. 1 Section B omitted (with effect in accordance with reg. 2(2)-(5) of the amending S.I.) by virtue of The Companies, Partnerships and Groups (Accounts and Reports) Regulations 2015 (S.I. 2015/980), regs. 2(1), 27(3)(e)(v) (with reg. 3)

F6 Words in Sch. 1 Pt. 1 Section B omitted (with effect in accordance with reg. 2(2)-(5) of the amending S.I.) by virtue of The Companies, Partnerships and Groups (Accounts and Reports) Regulations 2015 (S.I. 2015/980), regs. 2(1), 27(3)(e)(vi) (with reg. 3)

F7 Words in Sch. 1 Pt. 1 Section B omitted (with effect in accordance with reg. 2(2)-(5) of the amending S.I.) by virtue of The Companies, Partnerships and Groups (Accounts and Reports) Regulations 2015 (S.I. 2015/980), regs. 2(1), 27(3)(e)(vii) (with reg. 3)