So on Page 98 - Note 26 Contingent liabilities (many pages still to go )
"Contingent liabilities are not recognised in the SOFP1 but are disclosed where settlement is less than probable but more than remote. If settlement becomes probable, a provision is recognised"
Made me smile .
Best Wishes
Paper Tiger
PS "At the year-end there were no contingent liabilities (2014: nil)."
1Statement Of Financial Position
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