7.06 Two places in the 2025 report misdate the 2025 AGM
UK Company A · a UK-listed medical technology group · Drafting slip
In brief
The 2025 AGM was held on [date], as the result announcement and the resolutions filed at Companies House show. The auditor's report says the auditor was appointed at the AGM on [date] (the 2024 AGM, which first appointed the firm, was on [date]), and the remuneration report's voting statement refers to the AGM in [date].
The evidence, as filed
Further pages withheld to protect the company’s identity (one): Annual Report 2025, page 174. Their wording or layout could lead back to the company even with names and figures masked; the evidence list below records what each page shows.
Names, figures, dates, logos and any wording that could be searched back to the company are boxed out in grey; the point is highlighted in yellow.
What the report shows, and what the rule requires
| What the annual report shows | What the rule requires |
|---|---|
| What the annual report shows Auditor's report: [wording masked] AGM on [date]. Remuneration report: votes at our AGM in [date]. | What the rule requires The AGM on [date] (reappointment), or the AGM on [date] if the first appointment is meant; the voting statement should refer to the AGM on [date]. |
Why it matters
None beyond accuracy: readers may tie the vote and the auditor's appointment to the wrong meeting.
Exposure
Drafting slip only.
Our workings
FACT: the result-of-AGM announcement states the meeting was held on [date], and the resolutions filed at Companies House say the same; the 2024 report's auditor's report gives the first appointment at the AGM on [date]. The 2025 report's auditor's report gives [date] and the remuneration report says [date]. The vote counts and the tenure period are otherwise correct.
Management’s best defence, and our reply
The company may say the dates are immaterial. Agreed: this is a drafting slip only.
The fix
- Read: [wording masked] AGM on [date] (first appointed on [date]); voting statement: at our AGM on [date].
Evidence relied on
| # | What it shows | Type | Where |
|---|---|---|---|
| 1 | Auditor's report tenure statement gives [date] | Document | Annual Report 2025, page 210 |
| 2 | Remuneration report statement of voting refers to [date] | Document | Annual Report 2025, page 174 |
| 3 | Result of the 2025 AGM: held on [date] | Document | |
| 4 | Prior year: first appointment at the [date] AGM | Document | Annual Report 2024, page 191 |
Prepared by Pramanex from the company’s published annual reports, without the company’s involvement, to show how an annual report review reads. The company is not named, and nothing on this page is a statement about any identifiable company. Observations are not an audit, review or other assurance engagement, and not legal advice. A regulator-style question is a question, not a conclusion.
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