C9C7C1C2C5C6Part 15Accounts and reports

Annotations:
Modifications etc. (not altering text)
C9

Pt. 15 applied (with modifications) (8.12.2017) by The Risk Transformation Regulations 2017 (S.I. 2017/1212), regs. 1(2), 162, 163 (with reg. 189)

C7

Pts. 1-39 modified (31.12.2020) by Regulation (EC) No. 2157/2001, Art. AAA1(3) (as inserted by The European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2018 (S.I. 2018/1298), regs. 1, 97 (with regs. 140-145) (as amended by S.I. 2020/523, regs. 1(2), 5(a)-(f)); 2020 c. 1, Sch. 5 para. 1(1))

C2

Pt. 15 applied (with modifications) (6.4.2008) by The Partnerships (Accounts) Regulations 2008 (S.I. 2008/569), regs. 4, 7, Sch. Pt. 1

C5

Pt. 15 applied (with modifications) (1.10.2009) by The Unregistered Companies Regulations 2009 (S.I. 2009/2436), regs. 3-5, Sch. 1 para. 16 (with transitional provisions and savings in regs. 7, 9, Sch. 2)

Chapter 12Supplementary provisions

Other supplementary provisions

C11C3C4C8C10471Meaning of “annual accounts” and related expressions

1

In this Part a company's “annual accounts”, in relation to a financial year, means—

F1a

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 F4section 399).

This is subject to section 408 (option to omit individual profit and loss account from annual accounts where information given in F5notes 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,

F6aa

the strategic report (if any),

F3ab

the directors’ remuneration report (if any),

b

the directors' report, and

c

the auditor's report on those accountsF2, 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,

F7ba

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 reportF8, on the strategic report (where this is covered by the auditor’s report) and on the directors' report.