471Meaning of “annual accounts” and related expressionsU.K.
This
adran has no associated
Nodiadau Esboniadol
(1)In this Part a company's “annual accounts”, in relation to a financial year, means—
[(a)any individual accounts prepared by the company for that year (see section 394), and]
(b)any group accounts prepared by the company for that year (see [section] 399).
This is subject to section 408 (option to omit individual profit and loss account from annual accounts where information given in [notes to the individual balance sheet]).
(2)In the case of an unquoted company, its “annual accounts and reports” for a financial year are—
(a)its annual accounts,
[(aa)the strategic report (if any),]
[(ab)the directors’ remuneration report (if any),]
(b)the directors' report, and
(c)the auditor's report on those accounts[, the strategic report (where this is covered by the auditor’s report)] and the directors' report (unless the company is exempt from audit).
(3)In the case of a quoted company, its “annual accounts and reports” for a financial year are—
(a)its annual accounts,
(b)the directors' remuneration report,
[(ba)the strategic report (if any),]
(c)the directors' report, and
(d)the auditor's report on those accounts, on the auditable part of the directors' remuneration report[, on the strategic report (where this is covered by the auditor’s report)] and on the directors' report.
Textual Amendments
Modifications etc. (not altering text)