Money
Statutory accounts
The formal yearly accounts a UK company must file with Companies House, in a set legal format.
A plain-English explanation of how this usually works, not legal advice. Rules differ between countries and change over time, so check your own situation. Disclaimer.
You'll hear it as
Their statutory accounts show they lost money last year.
Why it matters to you.
They're public. Before joining a company, look up its accounts on Companies House.
Related terms.
Videos.
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