Office of Public Sector Information
SCHEDULE 1 continued PART 1 continued
| Profit and loss account formats(11) | |||
|---|---|---|---|
| Format 2 | |||
| 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 charges | ||
| 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) | Exceptional amounts written off current assets | ||
| 8. | Other operating charges | ||
| 9. | Income from shares in group undertakings | ||
| 10. | Income from participating interests | ||
| 11. | Income from other fixed asset investments (13) | ||
| 12. | Other interest receivable and similar income (13) | ||
| 13. | Amounts written off investments | ||
| 14. | Interest payable and similar charges (14) | ||
| 15. | Tax on profit or loss on ordinary activities | ||
| 16. | Profit or loss on ordinary activities after taxation | ||
| 17. | Extraordinary income | ||
| 18. | Extraordinary charges | ||
| 19. | Extraordinary profit or loss | ||
| 20. | Tax on extraordinary profit or loss | ||
| 21. | Other taxes not shown under the above items | ||
| 22. | Profit or loss for the financial year before members’ remuneration and profit shares | ||
| Notes on the profit and loss account formats |
|---|
| (12) | Cost of sales: distribution costs: administrative expenses |
(Format 1, items 2, 4 and 5.)
These items must be stated after taking into account any necessary provisions for depreciation or diminution in value of assets.
| (13) | Income from other fixed asset investments: other interest receivable and similar income |
(Format 1, items 9 and 10; Format 2, items 11 and 12.)
Income and interest derived from group undertakings must be shown separately from income and interest derived from other sources. Interest receivable from members must not be included under this item.
| (14) | Interest payable and similar charges |
(Format 1, item 12; Format 2, item 14.)
The amount payable to group undertakings must be shown separately. Interest payable to members must not be included under this item.
| (15) | Format 1 |
The amount of any provisions for depreciation and diminution in value of tangible and intangible fixed assets falling to be shown under item 7(a) in Format 2 must be disclosed in a note to the accounts in any case where the profit and loss account is prepared using Format 1.
See regulation 4(3)(a) for exemption for medium-sized LLP in accounts delivered to registrar of companies. Back [11]
The Large and Medium-sized Limited Liability Partnerships (Accounts) Regulations 2008