PLEASE TRANSFER TO COMPANY LETTER HEAD
MGI Midgley
Snelling LLP
Chartered
Accountants
Ibex
House
Baker
Street
Weybridge
Surrey
KT13
8AH
Dear Sirs
The following representations are
made on the basis of enquiries of management and staff with
relevant knowledge and experience such as we consider necessary in
connection with your audit of the company’s financial
statements for the year ended 31 March 2024. These enquiries have
included inspection of supporting documentation, where appropriate,
and are sufficient to satisfy ourselves that we can make each of
the following representations. All representations are made
to the best of our knowledge and belief.
General
-
We have fulfilled our
responsibilities as directors, as set out in the terms of your
engagement letter dated 31 March 2023 under the Companies Act 2006,
for preparing financial statements in accordance with applicable
law and United Kingdom Accounting Standards (UK Generally Accepted
Accounting Practice), for being satisfied that they give a true and
fair view and for making accurate representations to
you.
-
All the transactions
undertaken by the company have been properly reflected and recorded
in the accounting records.
-
All the accounting
records have been made available to you for the purpose of your
audit. We have provided you with unrestricted access to all
appropriate persons within the company, and with all other records
and related information requested, including minutes of all
management and shareholder meetings.
-
The financial
statements are free of material misstatements, including
omissions.
-
We have considered the
adjustments in Appendix 1. We confirm that, in our judgement, these
adjustments are appropriate given the information available to us.
We further confirm that we have now made these adjustments to the
financial statements.
-
The effects of
uncorrected misstatements (as set out in the Appendix 2 to this
letter) are immaterial both individually and in total.
Internal control
and fraud
-
We acknowledge our
responsibility for the design, implementation and maintenance of
internal control to prevent and detect fraud and error, and we
believe that we have appropriately fulfilled these
responsibilities. We have disclosed to you the results of our risk
assessment that the financial statements may be misstated as a
result of fraud.
-
We have disclosed to
you all instances of known or suspected fraud affecting the entity
involving management, employees who have a significant role in
internal control or others where fraud could have a material effect
on the financial statements.
-
We have also disclosed
to you all information in relation to allegations of fraud or
suspected fraud affecting the entity’s financial statements
communicated by current or former employees, analysts, regulators
or others.
Assets and
liabilities
-
The company has
satisfactory title to all assets and there are no liens or
encumbrances on the company’s assets, except for those
that are disclosed in the notes to the financial
statements.
-
All actual
liabilities, contingent liabilities and guarantees given to third
parties have been recorded or disclosed as appropriate.
-
We have no plans or
intentions that may materially alter the carrying value and, where
relevant, the fair value measurements or classification of assets
and liabilities reflected in the financial statements.
Accounting
estimates
- The methods, data and significant
assumptions used by us in making accounting estimates, and
their related disclosures, are appropriate to achieve recognition,
measurement and disclosure that is reasonable in the context of the
applicable financial reporting framework.
Loans
and arrangements
- The company has not granted any
advances or credits to, or made guarantees on behalf of, directors
other than those disclosed in the financial statements.
Legal
claims
- We have disclosed to you all
claims in connection with litigation that have been, or are
expected to be, received and such matters, as appropriate, have
been properly accounted for and disclosed in the financial
statements.
Laws
and regulations
- We have disclosed to you all known
instances of non-compliance or suspected non-compliance with laws
and regulations whose effects should be considered when preparing
the financial statements.
Related
parties
- Related party relationships and
transactions have been appropriately accounted for and disclosed in
the financial statements. We have disclosed to you all relevant
information concerning such relationships and transactions and are
not aware of any other matters which require disclosure in order to
comply with the requirements of company law or accounting
standards.
Subsequent
events
- All events subsequent to the date
of the financial statements which require adjustment or disclosure
have been properly accounted for and disclosed.
Going
concern
-
We believe that the
company's financial statements should be prepared on a going
concern basis on the grounds that current and future sources of
funding or support will be more than adequate for the company's
needs. We also confirm our plans for future action(s) required to
enable the company to continue as a going concern are feasible. We
have considered a period of twelve months from the date of approval
of the financial statements. We believe that no further disclosures
relating to the company's ability to continue as a going concern
need to be made in the financial statements.
Specific
matters
- All In particular, we make the
following representations in relation to the financial statements
for the year ended 31 March 2024:
-
We confirm that no
holiday pay accrual is necessary for inclusion in the financial
statements;
- We confirm that an amount of
£268,131 is due to the parent company, Spelthorne Borough
Council as at 31 March 2024.
We acknowledge our legal
responsibilities regarding disclosure of information to you as
auditors and confirm that so far as we are aware, there is no
relevant audit information needed by you in connection with
preparing your audit report of which you are unaware.
Each director has
taken all the steps that they ought to have taken as a director in
order to make themselves aware of any relevant audit information
and to establish that you are aware of that information.
Yours faithfully
...................................................................
Signed on behalf of the board of
directors
Dated………………………………………..