A dividend warrant is a cheque issued by a company to its shareholders that provides details of dividends paid, including tax deducted and the net amount payable.
The FTSE 100, widely known as the Footsie, is a major market capitalization-weighted index consisting of 100 blue-chip stocks listed on the London Stock Exchange, commonly referenced for gauging the performance of leading companies in the UK.
New UK Generally Accepted Accounting Practice (UK GAAP) refers to the financial reporting standards that replace previous UK GAAP standards and align more closely with International Financial Reporting Standards (IFRS) while considering the specifics of UK companies.
Donations for political or charitable purposes made by an organization. Under the Companies Act, a disclosure of such a donation has to be made by companies that are not wholly owned subsidiaries and have given in aggregate more than £200 in the financial year.
A register listing the directors and secretary of a UK company, essential for maintaining statutory compliance and corporate transparency in accordance with the Companies Act 2006.
Under the Articles of Association of most UK companies, one-third of the directors must retire each year, ensuring that each director steps down every three years. This allows retiring directors the opportunity to be re-elected, fostering continuity and fresh perspectives.
