Annual Company Accounts

Farset Labs’ tresurer is required to submit statutory accounts to Companies House on an annual basis

Statutory accounts must include:

• A ‘balance sheet’, which shows the value of everything the company owns, owes and is owed on the last day of the financial year
• A ‘profit and loss account’, which shows the company’s sales, running costs and the profit or loss it has made over the financial year
• Notes about the accounts
• A director’s report

Our accounts are produced on the basis of Accruals (Charities SORP), and our Accountants (who also act as our independent examiners) are PKF-FPM.