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单词 annual return
释义

annual return


annual return

a return made once a year by a company. Every company is required under the Companies Acts to make an annual return to the registrar made up to a date not later than its ‘return date’. Failure so to do is a criminal offence. The return must specify: the name of the company; its registered number; the type of company it is, for example, private or public; the registered office address of the company; the address where certain company registers are kept if not at the registered office; the principal business activities of the company; the name and address of the company secretary; the name, usual residential address, date of birth, nationality and business occupation of all the company's directors; the date to which the annual return is made-up (the made-up date).

If the company has share capital, the annual return must also contain: the nominal value of total issued share capital; the names and addresses of shareholders and the number and type of shares they hold or transfer from other shareholders.

annual return


Annual Return

The revenue an investment generates over a year as a percentage of the amount of capital invested. The annual return shows the number of years it will take to recover one's investment. For example, if one invests $1,000 and receives $150 in the first year of the investment, the rate of return is 15%, and the investor will recover his/her initial $1,000 in six years and eight months. Investors vary their required rates of return for different levels of risk.

annual return

a document which must be completed by the COMPANY SECRETARY and DIRECTORS of a JOINT-STOCK COMPANY after its ANNUAL GENERAL MEETING and forwarded to the COMPANY REGISTRAR. The annual return includes details about company directors, MORTGAGES and charges, the updated SHARE REGISTER and the ANNUAL REPORT AND ACCOUNTS. Annual returns can be inspected by members of the public on payment of a fee.
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更新时间:2024/12/24 2:14:06