Section 414 Standard Board Meeting Minutes To Approve Private Company Accounts For The Year
by
Genie Team
Sep, 28 2022
When to use this template
This is a legal document called "Board Minutes" which approves the annual accounts for a private company. This document is to be used in accordance with section 414 of the Companies Act 2006.
Key issues covered in this template
Annual accounts
Approval of accounts
Approved and authorised
Balance sheet, profit and loss
Declaration of interest
Director interests
Financial reporting
Letter of representation
Record-keeping
Send representation
N/A
What to watch out for
Make sure that the board minutes accurately reflect the discussion and decisions made by the board regarding the annual accounts
Ensure that all required information is included in the board minutes, such as a summary of the financial statements and any other reports that were reviewed
Make sure that the board minutes are properly signed and dated by the board members
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Author
Genie Team
@genieteam
Genie AI
The Genie Team consists of lawyers and paralegals. Our aim is to open source the law and provide high quality, regularly reviewed legal documents.