You have been recently appointed as a Company Secretary of a large company which has incurred expenditures on various CSR activities during the year. Advise the Board about the particulars to be ensured in Annual Report

The companies which are required to constitute a CSR Committee as per section 135 of the Companies Act, 2013 shall disclose the composition of CSR Committee in its Board Report. It is mandatory for such companies to disclose in Board's Report, an annual report on CSR. The report of the Board of Directors attached to the financial statements of the Company would also need to include an annual report on the CSR activities of the company. The Company Secretary will advise the Board about the format prescribed for annual report on the CSR containing following particulars: A brief outline of the company's CSR policy, including overview of projects or programs proposed to be undertaken and a reference to the web-link to the CSR policy and projects or programs. The composition of the CSR Committee. Average net profit of the company for last three financial years. Prescribed CSR Expenditure. Details of expenditure incurred on CSR activities during the financial year. In case the company has failed to spend the two per cent of the average net profit of the last three financial years or any part thereof, the company shall provide the reasons for not spending the amount in its Board report. A responsibility statement of the CSR Committee that the implementation and monitoring of CSR Policy, is in compliance with CSR objectives and Policy of the company.