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Financial statements

Many incorporated societies must file a certified copy of their annual financial statement with the Registrar.

The annual financial statement should include the following information:

The society's full name
The financial year that the financial statement has been prepared for
The income and expenditure of the society for that financial year
The assets and liabilities, as at the close of the financial year
All mortgages, charges, and securities of any description affecting any of the property of the society at the close of that year.

What if your society is registered with the Charities Commission?

Any incorporated society that is also registered with the Charities Commission no longer needs to file their annual financial statements with the Registrar of Incorporated Societies.

All incorporated societies must advise the Registrar of other changes in the society's details (for example, changes to rules, name, addresses) - regardless of whether they are registered with the Charities Commission or not.

More information about financial statements

Why should you file a financial statement?

It is important to file a copy of the annual financial statement as this indicates to the Registrar that the society is still operating and should remain on the Register.

When do you need to file a financial statement?

Each incorporated society should file a financial statement with the Registrar as soon as possible after they have been approved at the Annual General Meeting (AGM).