and certain funds are required to produce a profit and loss (or
income expenditure) account, and a balance sheet.
plus any necessary Directors or Auditors Reports, and group accounts,
are basically the annual accounts, and it is usually the responsibility
of the Financial Director to make sure these are produced for each
financial year, copies are kept, and that they are distributed to
the relevant stakeholders e.g. members and shareholders.
Also, for limited companies and public companies, a copy should
be filed with Companies House.
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