Your comments about how the details of the financial statements might be made available to owners is very useful but this appears to rely entirely on having a SM who agrees to comply with a request to do so. The original query obviously stems from an owner with a non-agreeable SM and I am in the same boat – in fact my SM even refuses to respond to my request which is pretty rude (I would have raised this at our recent AGM but our SM elected to hold the meeting by way of pre-meeting voting only which is a great way to avoid having to answer any difficult questions).
So what we really need to know is whether the SM can be forced to provide this information. If not, perhaps it may require a complaint to Dept Fair Trading?