Hello! Today we speak about Annual Accounts.
In the UK all companies are required to prepare annual accounts. These are also called ‘company accounts’ or ‘statutory accounts’ and the word ‘statutory’ tells us that there are required by statute, which means written legislation. Annual accounts are created from the financial records produced at the end of the financial year. The UK financial year starts on 6 April of one particular year, and it runs (decorrere) until 5 April the next year. This means that the financial year that will start on 6 April 2029, will end on 5 April 2030. Another name for ‘financial year’ is ‘tax year’. Continua a leggere