Certain situations will arise where you are not allowed to deduct some expenses straight away in your accounts. For example this will occur when you do a fund raise and pay legal fees for preparing the shareholder documentation. These legal fees should be capitalised and will sit as a negative equity category.
Legal fees related to a fund raise.
IAS 32.37 requires that: "The costs of an equity transaction (raising of funds) are accounted for as a deduction from equity (net of any related income tax benefit)"
What's not included
Other capitalised assets should be allocated to their respective fixed asset category.