to prepare and publish, as soon as possible after the 31st March in each year, a report on the performance of its fucntions during the period of 12 months ending with that date ;

to include in the report a copy of the statement of accounts prepared in respect of that period in pursuance of section 4(3)(b) of this Act and a copy of the auditors’ report on the statement and on the accounts to which the statement relates ; and

to deliver a copy of the report to the Secretary of State before it is published ;