ACCOUNTS
Accounts
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE
UNAUDITED STATUTORY FINANCIAL STATEMENTS OF BRITISH COATINGS FEDERATION LIMITED
FOR THE YEAR ENDED 31 DECEMBER 2018
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial
statements of British Coatings Federation Limited for the year ended 31 December 2018 which comprise the Statement of
comprehensive income, the Statement of financial position and the related notes from the Company accounting records and from
information and explanations you have given to us.
As a member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other
professional requirements which are detailed at:
www.icaew.com/en/members/regulations-standards-and-guidance/
This report is made solely to the Board of Directors of British Coatings Federation Limited, as a body, in accordance with the terms
of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of British
Coatings Federation Limited and state those matters that we have agreed to state to the Board of Directors of British Coatings
Federation Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent
permitted by law, we do not accept or assume responsibility to anyone other than British Coatings Federation Limited and its Board
of Directors, as a body, for our work or for this report.
It is your duty to ensure that British Coatings Federation Limited has kept adequate accounting records and to prepare statutory
financial statements that give a true and fair view of the Company’s assets, liabilities, financial position and profit. You consider that
British Coatings Federation Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or review of the financial statements of British Coatings Federation Limited. For
this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have
given to us and we do not, therefore, express any opinion on the statutory financial statements.
We draw your attention to note 7 which explains the nature of the prior year adjustment.
Menzies LLP
Chartered Accountants
Ashcombe House
5 The Crescent
Leatherhead
Surrey
KT228DY
Date: 5/4/2019
BCF ANNUAL HANDBOOK 2019/20
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