At the request of the Department for Business, Innovation and Skills (BIS), ICSA has produced this simple contents list for company annual reports, to assist those preparing reports. This contents list has been compiled with the assistance of a number of experienced company secretaries from quoted companies and is intended to be a helpful starting point for companies to adapt to suit their specific circumstances. It is primarily intended for UK quoted companies but is useful for all companies.
This guidance is an indicative framework, rather than a rigid template, and is not intended to be prescriptive. The placement of information in the annual report is, to a great extent, at the discretion of the company and the report should be structured in a way that a company considers best tells its own story and facilitates the communication of the information contained in it. It should set out the company’s vision, values and governance philosophy, as well as demonstrating the sustainability of the strategy for the past, present and future development of the business including business model and associated risk. It should evidence the quality of decision-making and provide meaningful and reliable information to investors.