KU Annual Report 2015 | Page 24

KU Financial Report Directors’ Declaration The Directors declare that: a) in the Directors’ opinion, there are reasonable grounds to believe that the Company will be able to pay its debts as and when they become due and payable; and b) in the Directors’ opinion, the attached financial statements and notes thereto are in accordance with the Australian Charities and Not-for-profits Commission Act 2012 (Cth) and Charitable Fundraising Act 1991, including compliance with accounting standards, and giving a true and fair view of the financial position and performance of the Company. Signed in accordance with a resolution of the Directors made pursuant to S.60.15 of the Australian Charities and Not-forprofits Commission Regulations 2013. On behalf of the Directors David McCracken Chair, Board of Directors Sydney, 17 March 2016 Stacey Brown Chair, Audit & Risk Management Committee Sydney, 17 March 2016 Declaration by Board of Directors in Respect of Fundraising Appeals In the opinion of the Board of Directors: (i) the financial statements give a true and fair view of all income and expenditure of KU Children’s Services with respect to fundraising appeals; (ii) the Statement of Financial Position gives a true and fair view of the state of affairs with respect to fundraising appeals; (iii) the provisions of the Charitable Fundraising Act 1991 and the regulations under that Act and the conditions attached to the authority have been complied with; and (iv) the internal controls exercised by KU Children’s Services are appropriate and effective in accounting for all income received. Signed in accordance with a resolution of the Board of Directors. David McCracken Chair, Board of Directors Sydney, 17 March 2016 120th Annual Report 2015 Stacey Brown Chair, Audit & Risk Management Committee Sydney, 17 March 2016