Schedule 1 para.24
- Write off excess debt amounts over time before repayment
UK Statutory Instrument
1997
United Kingdom
The Companies Act 1985 (Accounts of Small and Medium-sized Companies and Minor Accounting Amendments) Regulations 1997
At a glance
What's here
18 compliance obligations
What this Act requires
Sections that create concrete duties on businesses or carry penalties. Procedural and definitional sections are folded into the “Browse other sections” expander at the bottom of each group. Click any section title to read the source text on legislation.gov.uk.
Schedules
Any information required in the case of any small company...
- Include required information as a note to accounts if not already in accounts
The accounting policies adopted by the company in determining the...
- State your accounting policies in company accounts
If the company has allotted any shares during the financial...
- Report share allotment details to Companies House
Schedule 1 para.40
- Disclose fixed asset movements and depreciation in annual accounts
Where any fixed assets of the company (other than listed...
- Disclose valuation details for fixed assets in your accounts
Schedule 1 para.42
- Disclose listed investments and market values in balance sheet
Schedule 1 para.44
- Disclose long-term and secured debts in company balance sheet
If any fixed cumulative dividends on the company’s shares are...
- State details of unpaid fixed cumulative dividends in accounts
Schedule 1 para.49
- Disclose percentage of turnover from non-UK markets in annual accounts
Any information required in the case of any small company...
- Include required information as a note to the accounts
The accounting policies adopted by the company in determining the...
- State your accounting policies in the accounts
If the company has allotted any shares during the financial...
- Disclose share allotments in your annual accounts
Schedule 2 para.7
- Disclose fixed asset movements and depreciation in your balance sheet
Schedule 2 para.8
- Disclose long-term creditors and secured debts in notes to accounts
Browse 43 other Schedules — structural / supplementary
(1) If the net realisable value of any current asset...
Schedule 1 para.25
Schedule 1 para.26
(1) Subject to the qualification mentioned below, the purchase price...
Schedule 1 para.28
(1) The rules set out in section B are referred...
Subject to paragraphs 32 to 34, the amounts to be...
(1) Intangible fixed assets, other than goodwill, may be included...
(1) Where the value of any asset of a small...
(1) This paragraph applies where the amounts to be included...
(1) With respect to any determination of the value of...
Paragraphs 38 to 47 require information which either supplements the...
Schedule 1 para.38
Schedule 1 para.43
Schedule 1 para.46
Schedule 1 para.47
Paragraphs 49 and 50 require information which either supplements the...
Schedule 1 para.50
(1) Where sums originally denominated in foreign currencies have been...
The following paragraphs apply for the purposes of this Schedule...
Schedule 1 para.53
Schedule 1 para.54
Schedule 1 para.55
Schedule 1 para.56
Schedule 1 para.57
References to provisions for liabilities or charges are to any...
Schedule 1 para.59
Creditors: amounts falling due within one year
Net current assets (liabilities) (8)
Total assets less current liabilities
Creditors: amounts falling due after more than one year
Provisions for liabilities and charges
Accruals and deferred income (7)
Capital and reserves (I) Called up share capital (9)
Schedule 2 para.5
Schedule 2 para.9
Creditors: amounts falling due within one year
Net current assets (liabilities)
Total assets less current liabilities
Creditors: amounts falling due after more than one year
Provisions for liabilities and charges
Accruals and deferred income
Capital and reserves (I) Called up share capital
sch. 1 para. 1
- Use correct format and headings for your small company accounts
sch. 1 para. 20
- Disclose development costs write-off period and reasons in accounts
sch. 1 para. 21
- Write off goodwill systematically and disclose the chosen period
Browse 41 other sections — procedural / definitional / commencement
ASSETS
sch. 1 para. 11
sch. 1 para. 15
sch. 1 para. 19
sch. 1 para. 2
sch. 1 para. 3
sch. 1 para. 4
sch. 1 para. 5
Citation, interpretation and commencement
(1) Subject to the following provisions of this Schedule—
Special provisions for small companies
(1) Where in accordance with paragraph 1 a small company’s...
Special provisions for medium-sized companies
(1) Any item required in accordance with paragraph 1 to...
Cases in which special provisions do not apply
(1) In respect of every item shown in a small...
Special auditors' report
Amounts in respect of items representing assets or income may...
Group accounts prepared by small company
References in this Part of this Schedule to the items...
Minor and consequential amendments
A number in brackets following any item in any of...
In the notes following the formats— (a) the heading of...
Called up share capital
Creditors
Amounts written off investments
Interest payable and similar charges (13)
Tax on profit or loss on ordinary activities
Profit or loss on ordinary activities after taxation
Extraordinary income
Extraordinary charges
Extraordinary profit or loss
Tax on extraordinary profit or loss
Other taxes not shown under the above items
Profit or loss for the financial year
Other taxes not shown under the above items
Profit or loss for the financial year
Called up share capital not paid (1)
Fixed assets (I) Intangible assets (1) Goodwill (2)
Current assets (I) Stocks (1) Stocks (2) Payments on account...
Prepayments and accrued income (6)
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