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How to Approve Statutory Accounts – Board Minutes

Board Minutes – Approval of Statutory Accounts

CO.DRA.01

Every company, whether trading or not must keep accounting records. The directors of a company are responsible for preparing the accounts for each financial year and as there is no longer any statutory obligation on private companies to lay their accounts before members at a general meeting, these Board Minutes allow the Board to approve the annual accounts and reports for the most recent financial period without calling an AGM.

These Board Minutes to Approve Statutory Accounts are in open format.

The requisite details should be inserted into the highlighted fields or the wording can be adjusted to suit your purposes. Wording in square brackets is optional. If it is required, then the brackets should be deleted and the wording within them retained. If the wording is not required, then it can be deleted.

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