Balance Sheet
 

The Balance Sheet is normally the lead report in financial presentations because it details the structure of the company and reflects its financial stability and strength.

This is a financial snapshot and summarises the position of assets and liabities at a specific point of time. It incorporates how much the business owes to suppliers and how much is due from customers. It reflects assets such as equipment and vehicles used in the business and the liabilities such as amount of capital you have invested in the business.