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Annual Report Year Ending 9th March 2020Introduction Contents Soundscapes Year ___ 1 Financial Summary ___ 13 Notes to Financial Statements ___ 14 Independent Examiners Report ___ 15 Looking Ahead___
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Review all financial transactions from April 1, 2019 to March 31, 2020
02
Prepare a balance sheet listing assets, liabilities, and equity as of March 31, 2020
03
Create an income statement detailing revenue, expenses, and net income for the period
04
Compile cash flow statement showing cash inflows and outflows during the year
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Include notes to financial statements with explanations and clarifications for key figures

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An audited financial statement as of March 31 is a formal record of the financial activities and position of a company, verified by an external auditor, up to the end of the fiscal year on March 31.
Typically, publicly traded companies, large private companies, and certain non-profit organizations are required to file audited financial statements by March 31.
To fill out an audited financial statement as of March 31, a company must gather its financial records, prepare balance sheets, income statements, cash flow statements, and then have these documents reviewed and verified by a licensed auditor.
The purpose of the audited financial statement as of March 31 is to provide stakeholders, such as investors and regulatory bodies, with an accurate and reliable overview of a company's financial position and performance.
The audited financial statement must report on assets, liabilities, equity, revenues, expenses, cash flows, and any relevant notes that provide additional context or disclosures.
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