Page 44 - Housing Solutions Annual Report

STATEMENT OF THE RESPONSIBILITIES OF THE ANNUAL GENERAL MEETING
BOARD OF MANAGEMENT FOR THE REPORT AND The annual general meeting will be held on 23
FINANCIAL STATEMENTS. September 2020 at Crown House, Crown Square,
The Board is responsible for preparing the report Waldeck Road, Maidenhead, Berkshire, SL6 8BY.
and financial statements in accordance with
applicable law and regulations. DISCLOSURE OF INFORMATION TO AUDITORS
At the date of this report each of the Association’s
Co-operative and Community Benefit Societies Board members, as set out on page 5, confirm the
legislation requires the Board to prepare financial following:
statements for each financial year. Under that law
the Board has elected to prepare the financial • so far as each Board member is aware, there is
statements in accordance with United Kingdom no relevant information of which the Group’s and
Generally Accepted Accounting Practice (United Association’s auditors are unaware; and
Kingdom Accounting Standards and applicable
laws). Under the Co-operative and Community • the Board members have taken all the steps that
Benefit Societies legislation the Board must not they ought to have taken to make themselves aware
approve the financial statements unless they are of any relevant audit information and to establish
satisfied that they give a true and fair view of the that the auditors are aware of that information.
state of affairs of the Group and Association at the EXTERNAL AUDITORS
end of the year and of the surplus or deficit of the
Association and Group for that period. BDO LLP were appointed during the year. They have
expressed their willingness to continue in office. The
In preparing those financial statements the Board is report of the Board was approved by the Board on
required to: 23 September 2020 and signed on its behalf by:

• select suitable accounting policies and apply them
consistently;

• make judgements and estimates that are
reasonable and prudent;

• state whether applicable UK Accounting Standards ELIZABETH J PADMORE
including Financial Reporting Standard 102 CHAIRMAN
(FRS102) and the Statement of Recommended
Practice (SORP) Accounting by Registered
Housing Providers Update 2018, have been
followed, subject to any material departures
disclosed and explained in the financial
statements; and

• prepare the financial statements on the going
concern basis unless it is inappropriate to presume
that the company will continue in business.

The Board is responsible for keeping proper
accounting records, which disclose with reasonable
accuracy at any time the financial position of the
Group and Association and enable it to ensure
that the financial statements comply with the Co-
Operative and Community Benefit Societies Act
2014. It is also responsible for safeguarding the
assets of the Group and Association and hence
for taking reasonable steps for the prevention and
detection of fraud and other irregularities.
The Board is responsible for ensuring that the report
of the Board is prepared in accordance with the
Statement of Recommended Practice: Accounting
by Registered Housing Providers Update 2018.
The Board is responsible for the maintenance and
integrity of the corporate and financial information
on the Group’s website.

44 Annual Report and Accounts 2020

10/11/2020 13:35
16645.02 HS Annual Report 86pp A4 v10.indd 44 10/11/2020 13:35
16645.02 HS Annual Report 86pp A4 v10.indd 44