Occupational Therapy News OTnews April 2019 | Page 57

AUDITOR'S REPORT REPORT
We have nothing to report in respect of the following matters in
relation to which the Companies Act 2006 or the Trade Union and
Labour Relations (Consolidation) Act 1992 requires us to report to
you if, in our opinion;
• adequate accounting records have not been kept by the parent
company, or returns adequate for our audit have not been
received from branches not visited by us; or
• the financial statements are not in agreement with the
accounting records and returns; or
• certain disclosures of directors’ remuneration specified by law
are not made; or
• the directors have not maintained a satisfactory system of
internal control over the parent company’s transactions; or
• we have not received all the information and explanations we
require for our audit; or
• the directors were not entitled to prepare the financial
statements in accordance with the small companies regime
and take advantage of the small companies’ exemptions in whether due to fraud or error, and to issue an auditor’s report
that includes our opinion. Reasonable assurance is a high level
of assurance, but is not a guarantee that an audit conducted
in accordance with ISAs (UK) will always detect a material
misstatement when it exists. Misstatements can arise from fraud or
error and are considered material if, individually or in the aggregate,
they could reasonably be expected to influence the economic
decisions of users taken on the basis of these financial statements.
A further description of our responsibilities for the audit of the
financial statements is located at the Financial Reporting Council’s
website at: www.frc.org.uk/auditorsresponsibilities. This description
forms part of our auditor’s report.
preparing the directors’ report and from the requirement to
prepare a strategic report. undertaken so that we might state to the parent company’s
members those matters we are required to state to them in an
auditor’s report and for no other purpose. To the fullest extent
permitted by law, we do not accept or assume responsibility to
anyone other than the parent company and the parent company’s
members as a body, for our audit work, for this report, or for the
opinions we have formed.
Responsibilities of directors
As explained more fully in the statement of Council’s responsibilities,
the directors are responsible for the preparation of the financial
statements and for being satisfied that they give a true and fair view,
and for such internal control as the directors determine is necessary
to enable the preparation of financial statements that are free from
material misstatement, whether due to fraud or error.
In preparing the financial statements, the directors are
responsible for assessing the group’s and the parent company’s
ability to continue as a going concern, disclosing, as applicable,
matters related to going concern and using the going concern
basis of accounting unless the directors either intend to liquidate
the group or the parent company or to cease operations, or have
no realistic alternative but to do so.
Use of our report
This report is made solely to the parent company’s members, as a
body, in accordance with Chapter 3 of Part 16 of the Companies
Act 2006 and in accordance with the Trade Union and Labour
Relations (Consolidation) Act 1992. Our audit work has been
Phil Cliftlands (Senior Statutory Auditor)
For and on behalf of BDO LLP, statutory auditor
London
Date: BDO LLP is a limited liability partnership registered in
England and Wales (with registered number OC305127).
Auditor’s
responsibilities for
the audit of the
financial statements
Our objectives are to
obtain reasonable assurance
about whether the financial
statements as a whole are free
from material misstatement,
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