Here's one that you might not wish to use:
[FONT="]REPORT OF THE DIRECTORS FOR THE YEAR ENDED XXXXXXXXX[/FONT]
[FONT="]The sole Director presents his annual report and audited accounts for the year ended 31 December 1989, in order to comply with the various companies acts which rather stupidly apply to minutely small private companies in the same way as large international conglomerates like Shell, BP, ICI and many other mega £billion companies. The report therefore covers the following items which it is believed it is obligatory to specify:[/FONT]
[FONT="]1.[/FONT][FONT="]Principal Activities[/FONT]
[FONT="]The principal activities of the company during the year were to hold land, buildings and investment in subsidiary companies, which is quite obvious by reading the Balance Sheet.[/FONT]
[FONT="]2.[/FONT][FONT="]Review of the Business[/FONT]
[FONT="]The Director and main Shareholder of the business is neither satisfied nor dissatisfied with the companys performance during the year, as clearly it was doing nothing other than the items mentioned in 1 above.[/FONT]
[FONT="]3.[/FONT][FONT="]Results and Dividends[/FONT]
[FONT="]Since the company was not carrying on a trade during the year, there was no profit or loss other than expenditure on formation costs and expenses, all of which is quite obvious by looking at the Balance Sheet. The Director does not therefore recommend the payment of a dividend for the year.[/FONT]
[FONT="]4.[/FONT][FONT="]Company Information[/FONT]
[FONT="]Mr Smith, is the sole Director and has served for the whole of the year and does not retire (worse luck!). The company is wholly owned by Mr Smith and his immediate family, which he is sure, is of no interest to anyone else.[/FONT]
[FONT="]5.[/FONT][FONT="]Fixed Assets[/FONT]
[FONT="]These are still fixed whatever that means and if they have moved, then it is shown in the notes to the accounts.[/FONT]
[FONT="]6.[/FONT][FONT="]Auditors[/FONT]
[FONT="]The resolution for the re-appointment of XYZ & Co, as auditors of the company is to be proposed at the Annual General Meeting, if one is ever held, since anyone other than an idiot knows that you do not get your wife and children into the living room for a formal meeting once a year, just because some crank in the Civil Service has decided that the same rules apply to small businesses as they do to ICI![/FONT]
[FONT="]7.[/FONT][FONT="]Interests of the Director[/FONT]
[FONT="]The interests of the Director in the Ordinary Share Capital of the company are shown below. Other interests of the director include the Aston Martin Owners Club, historic motorcycles and bungee jumping.[/FONT]
[FONT="]8.[/FONT][FONT="]Conclusion[/FONT]
[FONT="]This report is written in the above manner since the accounts were rejected by Companies House due to the omission of the Directors Report. This Director, for one, is sick and tried of having to comply with nonsense legislation poured out from 630 dickheads down at Westminster![/FONT]
[FONT="]By order of the Board[/FONT]
[FONT="]Director[/FONT]
[FONT="]Date[/FONT]