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Hello friends Welcome to our Channel accounts and finance with FSK this is our video on financial statements to the second part hope you will like share and subscribe our Channel financial statements to the second part legal requirements for filing the financial statement there are legal requirements for filing the financial statement the law determines who must file the financial statement what must be filed and when whoever doesnt follow the rules can expect major fines in addition the vot may be held aable in case of a bankruptcy this video explains all the facts about filing the annual figures depending on their size and Le legal structure legal entities must file the financial statement with companys house every Financial year this is required by law it ensures that financial information available to anyone who is interested the filing of the financial statements is mandatory for public limited liability companies private limited liability companies Cooperative societies Mutual