The items have been disclosed in the notes to the accounts.

Are your accounting policies shown at the beginning of the notes to the accounts?

In addition, five and a half pages of notes to the accounts give valuable extra information.

In addition the notes to the accounts need not include the directors' emoluments.

Attach notes to the accounts if the balance sheet refers to notes.

This is only where the information required in the accounts would result in excessive notes to the accounts.

However, the exemption from disclosing detailed particulars of turnover in the notes to the accounts remains.

Now Castle also includes obligations to make further payments under existing agreements, which were previously only noted as commitments in the notes to the accounts.

Notes to the accounts.

Your notes to the accounts must also disclose the amount of remuneration paid to the auditor (including any benefits in kind) for auditing the company accounts.

However, in practice, depending on the circumstances, it may sometimes be possible to overcome such disclosure problems by giving additional narrative explanations in the notes to the accounts.

Internal sources - chairman's statement, directors' report, balance sheet, profit and loss, accounting policies, notes to the accounts, source and application of funds, auditors' report.

This will usually involve detailing precisely the accounting adopted for each major item of income and expenditure in far more detail then appears in notes to the accounts.

The auditors draw shareholders' attention to notes to the accounts which state that they incorporate amounts derived from four subsidiaries placed into administrative receivership after the year end.

Similarly section 232 requires the information specified in Schedule 6, regarding the emoluments and other benefits of directors and their associates, to be given in notes to the accounts.

Advantage has been taken of the option to combine certain headings on the face of the profit and loss account and the appropriate disclosure is included in the notes to the accounts.

Where this true and fair view override is used the Act requires that 'particulars of any such departure, the reasons for it and its effect shall be given in a note to the accounts.'

The cash flow statement in the accounts is prepared on FRS 1 lines; a note to the accounts reconciles the cash and cash equivalents to net liquid funds.

The note to the accounts on investment properties says the properties have been valued at 31 August 1991 at the directors' estimate of their current market value (£3.901m), taking existing use into account.

Their $400m share subscription allowed PW to give a clean audit opinion, although a note to the accounts drew attention to the fact that the bank was now owned by Abu Dhabi.

Where a note to the accounts states that the value of an asset materially differs from its book value, show the tax implications of the realisation of the asset at the stated value.

A note to the accounts says that 'in anticipation of a proposed amendment to the accounting standard governing deferred tax, deferred tax of £35m (v £31m) is recognised in full on the liability'.

However, if your accounts have been audited you must disclose the amount of remuneration paid to the accountant and state whether there is a liability limitation agreement in place in your notes to the accounts.

A note to the accounts says the sum was swelled by "an SIA [Security and Intelligence Agencies] contribution to a payment in respect of legal claims in excess of £250k".

In some cases it has not been clear from the notes to the accounts whether the directors consider that they have departed from a specific statutory rule and that the true and fair view override is being invoked.