The timescale, however, is wrong. Six months is an age in the life of a company. We discussed the length of time it takes to get accounts. At six months, we risk the annual report becoming almost an historical document instead of a useful tool for management and accountability. If vast companies in the private sector can publish their annual reports within days – certainly within three months – so can we, especially a digital hub development agency, the very ones who should be at the forefront. We cannot have a 21st century company operating to 19th century timescales.