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CAVAM and Jonathan Education and Training BoardFinancial Statements For The Year Ended 31 December 2022Cavan and Jonathan Education and Training Boarding to the Financial Statements for the Year Ended 31
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Gather all financial records and documents for the relevant period (e.g., income statements, balance sheets, cash flow statements).
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Calculate the net income or loss by subtracting total expenses from total revenue.
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Annual financial statements are a set of financial documents issued by a company at the end of each fiscal year, summarizing its financial performance and position.
Companies, corporations, and other legal entities are required to file annual financial statements.
Annual financial statements are typically filled out by accountants or financial professionals using the company's financial data for the year.
The purpose of annual financial statements is to provide stakeholders, such as investors and regulators, with an overview of the company's financial health and performance.
Annual financial statements typically include a balance sheet, income statement, cash flow statement, and notes to the financial statements.
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