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ANNUAL REPORT AND ACCOUNTS 20222 3THE YEAR AT A G L A N C ECONTENTS34,000150,000people participated in learning activitiespollinatorfriendly bulbs and wildflower plugs planted3 millionpeople attended
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To fill out an annual report and accounts, follow these steps:
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Gather all the necessary financial and business information for the reporting period.
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Ensure you have the required forms and templates provided by the relevant regulatory authority or accounting standards.
04
Start by providing general information about your company, such as its name, registered address, and other identifying details.
05
Fill in the financial statements, including the balance sheet, income statement, and cash flow statement. Provide accurate figures for assets, liabilities, revenues, and expenses.
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Include any additional required disclosures or explanations, such as notes to the financial statements or management discussion and analysis.
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Review and double-check all the information provided for accuracy and consistency.
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Submit the completed annual report and accounts to the designated regulatory authority within the given deadline.
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Keep copies of the annual report and accounts for your records and future reference.

Who needs annual report and accounts?

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Annual report and accounts are needed by various entities, including:
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- Publicly traded companies that are required by law to disclose their financial performance to shareholders and the general public.
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- Privately-owned companies that may be required by lenders, investors, or business partners to provide financial statements.
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- Non-profit organizations that need to demonstrate transparency and accountability to donors, members, and regulatory bodies.
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- Government agencies that use annual reports to assess the financial health and compliance of businesses operating in their jurisdiction.
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- Regulatory authorities that require companies to submit annual reports as part of their oversight and regulatory functions.
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- Potential investors or acquirers who rely on annual reports to make informed decisions about investment and acquisition opportunities.
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An annual report and accounts is a comprehensive document that summarizes a company's financial performance, operations, and other significant activities over the past year. It includes financial statements, management discussions, and other relevant information that stakeholders need to assess the company's performance.
Generally, all public companies and certain private companies that meet specific criteria or thresholds, such as size or revenue, are required to file annual reports and accounts to ensure transparency and compliance with regulatory requirements.
Filling out an annual report and accounts typically involves gathering and organizing financial data, preparing financial statements (income statement, balance sheet, cash flow statement), writing management commentary, and ensuring that all information adheres to statutory requirements and accounting standards.
The purpose of an annual report and accounts is to provide stakeholders, including shareholders, investors, and regulators, with a clear overview of the company's financial health, business activities, and future outlook, fostering transparency and informed decision-making.
Information that must be reported on an annual report and accounts includes financial statements, notes to financial statements, management analysis, auditor's report, corporate governance information, and other disclosures required by law or accounting standards.
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