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Writing An Annual Report
Paul Said:
How do I write and file an annual report for an LLC in Florida?We Answered:
Look at the State Government website, that's how we got our own LLC info:http://stores.ebay.com/DMJ-Electronics
Bradley Said:
Costing report writing?We Answered:
What kind of reports are you writing? The cost should be the value of your time, skill, and expenses, plus a reasonable profit.Cody Said:
Experiencing writer's block. Any creative people out there who would like to write an annual report... today?We Answered:
I don't know what you are referring to as an "annual report". Do you mean financial reporting? I am a writer and an accountant who might be able to help, but I'd need to have a lot of questions answered!Francis Said:
I have a company registered in the UK and need to submit an annual report.r?We Answered:
If it's a Directors Report ( to be attached to accounts) there are examples on the Companies House website.If it's an annual return it should come preprinted with all the info on it from Companies House.
If the company is dormant then it isn't necessary to submit full annual accounts to the Registrar, dormant accounts will do. Again see examples at CH site.
In any event, HMRC will need accounts for the accounting period, unless you have agreed that the company is dormant.
See an accountant.
Warren Said:
How to create an annual report (latest trends)?We Answered:
There are three key parts to an annual report.1) MD&A
2) Statutory filings
3) Other
If you are a private company, then usually the annual report is only the statutory filings bound up on white paper with a cover on it. Sometimes private companies want to sex this part up because the Board wants to have something nice to put on their desk. If this is the case, then outsource to a PR firm. They'll do a nice job. If you don't have the budget, then put about 10 pages on the front of a picture of the Board (if available), some nice photos of the office and/or its business and then supliment with a few stock photos. You can then add a few graphs that would summarize the year's progress versus its history (if it can be done easily and looks positive). Otherwise - think simple and nicely done. You probably want to omit the MD&A because its a waste of management time since the target audience for the document is the Excecutive Board and Board of Directors. Unless the CEO is a major narcissist who loves to write 5 page essays on his company's progress - then skip it.
If you are a public company, then you do all of the three sections. However, do yourself a favor and outsource the first and last part to a PR firm. They'll do a professional job and give you a template to work off of next year. If you don't have the budget, then use other public companies' reports as templates. This is how:
a) You actually start off with "Other". This is the "Yay Team" section that has nice pictures of how happy, fun (yet serious) and responsible the company is.
b) Then you have the MD&A (Management Discussion and Analaysis). This is where the Chairperson writes a speech about how the year went. This is usually backward looking and all forward looking information is omitted due to the lack of safe-harbor statement on an annual report.
c) The statutory filings (10K) are then bolted on the back, including all the extra stuff needed for publicly listed companies (e.g. shareholdings, etc.). Your auditors will do this.