Section 253. Contents of directors’ report
(1) A directors’ report for a financial year in relation to a company shall contain—
(a) the name of every person who was a director of the company—
(i) during the financial year; and
(ii) during the period commencing from the end of the financial year and ending on the date of the report;
(b) the principal activities of the company in the course of the financial year including its subsidiaries; and
(c) the matters set out in the Fifth Schedule.
(2) This section shall have effect in relation to a directors’ report required to be prepared under section 252 as if a reference to the company in subsection (1) or (2) were a reference to—
(a) the company; and
(b) the subsidiary undertakings included in the consolidated financial statements for the financial year.
(3) The directors’ report prepared under section 252 may include a business review as set out in Part II of Fifth Schedule or any other reporting as prescribed.
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