Statutory Accounts

Financial Statements (also called Annual Accounts or Yearly Accounts) are what the Company is required to prepare from its accounting records on an annual basis. The date to which these accounts are made up must be to the Accounting Reference Date. This date is registered at Companies House.

The Financial Statements (or Annual Accounts) are made up of:

  • Chairman's Statement
  • Report of the Directors
  • Statutory Profit and Loss Account
  • Statutory Balance Sheet
  • Statutory Cash Flow Statement
  • Statutory Notes to the Financial Statements

A Company must file these Financial Statements at Companies House unless it qualifies to file Abbreviated Accounts.

< Back to Glossary