Which of the following is NOT part of the strategic report in record keeping?

The strategic report is a requirement for certain companies under the Companies Act, and it provides an overview of the company's performance, strategy, and future prospects. It is typically included in the annual report alongside financial statements and other reports.

The components of the strategic report often include the directors' report, which provides insights into the management's perspective on the company's performance and operations. Additionally, the annual accounts are formally reported financial statements that present the financial health of the company, forming part of the overall report handed to shareholders.

The auditors’ report is also vital as it provides an independent examination of the financial statements, affirming their accuracy and compliance with accounting standards, making it integral to the overall financial reporting process.

Market analysis, while useful for stakeholders to understand the company's position within its industry and its strategic directions, is not a required part of the strategic report. Instead, it may be included in supplementary sections or discussions outside the formal reporting requirements. Therefore, it stands as the element that is NOT a formal part of the strategic report in record keeping.