Directors'
responsibilities statement
Company law requires the directors to prepare
financial statements for each financial year which give a true
and fair view of the state of affairs of the Company and the Group
as at the end of the financial year and of the profit or loss of
the Group for that period. In preparing those financial statements,
the directors are required to:
- select suitable accounting policies and then
apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable United Kingdom accounting standards
have been followed, subject to any material departures disclosed
and explained in the financial statements;
and
- prepare the financial statements on a going
concern basis unless it is inappropriate to presume that the
Group will continue in business.
The directors are responsible for ensuring that
the Company keeps proper accounting records which disclose, with
reasonable accuracy at any time, the financial position
of the Company and which enable them to ensure that the financial statements
comply with the Companies Act 1985. Legislation in the United Kingdom governing
the preparation and dissemination of financial statements may differ from legislation
in other jurisdictions. They are also responsible for:
- safeguarding the assets of the Company and
the Group;
- taking reasonable steps for the prevention and detection
of fraud and other irregularities; and
- ensuring the maintenance and integrity of the Company's
corporate website.
|
