financial statements that are normally prepared once a year.
A 12 monthly overview of the financial position of a company or superannuation fund. Usually includes financial reports such as a balance sheet, profit and loss account and cash flows.
An annual overview of the financial performance and position of a company or trust. This includes financial reports such as a balance sheet, profit and loss and cash flow statements, and is usually presented together with the Annual Report.
Registered Social Landlords which are registered as Industrial & Provident Societies are required to approve an audited set of Accounts within six months of their year end and submit them to the Financial Services Authority (FSA) and to Communities Scotland. The Accounts will include details of income and expenditure, a balance sheet and an external auditor's opinion. Companies (including Companies Limited by Guarantee) are also required to lodge audited accounts with Companies House within ten months of their year end. Many RSLs (including Link) complement their Accounts by publishing an Annual Review which features key results and achievements during the previous year.
Independently audited or validated statement of annual income and expenditure to prove that an organisation is solvent and complying with all the legal and tax regulations in the country where it operates or is registered. Bodies approached for funding will generally expect applicants to be operating a budget that is in balance (or surplus), and to provide independently validated evidence of this.
The summary of an organisation's financial transactions during the year covered by their accounts, and a 'snapshot' of the assets and liabilities at the end of the year.
A yearly summary of the financial position of a company or superannuation fund. Typically includes a balance sheet and profit and loss account.
Formal statements showing the financial position of a business, which are normally drawn up by an accountant and submitted to the Inland Revenue for tax assessment purposes. They usually comprise a trading account, a profit and loss account and a balance sheet.
must be submitted to Companies House with the auditors report. The accounts consist of a directors' report, a profit and loss account, and a balance sheet. They must be laid before a general meeting of all members of the company.
An annual overview of the financial position of a company or superannuation fund. This usually includes financial reports such as a balance sheet, profit and loss account and cash flows.