a Companies Act 1985 Requirements

The balance sheet formats and disclosure requirements were referred to in Chapter 4 and may be summarized as follows:

1. For each item shown under creditors, disclose:

   1. aggregate amounts of debts repayable (other than by instalments) more than five years after B/S date;

   2. aggregate amount of debts repayable by instalments any of which fall due more than five years after the B/S date;

   3. for each item in (ii), the aggregate amount of instalments falling due after the five years.

2. For each debt required to be disclosed within (1)(ii) above, disclose:

   1. terms of payment or repayment and rate of interest payable; or

   2. if above statement would be of excessive length, a general indication of the terms of payment or repayment and rates of interest payable.

3. For each item under creditors, supply:

   1. aggregate amount of any debts in respect of which security has been given;

   2. indication of nature of securities given.

4. Issues of debentures during the year disclose:

   1. reason for making issue;

   2. classes of debentures issued;

   3. for each class, amount issued and consideration received by company.

5. Particulars of redeemed debentures which company has power to reissue.

6. Where any of company's debentures are held by a nominee of or trustee for...