Financial Information
Summarised financial information for the year ended 31 December 2009
Report by the Trustees on the Summarised Financial Information
Our latest Accounts are as at 31 December 2009. The above summarised financial information, including Balance Sheet, is extracted from the full trustees’ annual report and statutory financial statements, which were approved by the trustees and signed on their behalf on 29 April 2010. The auditors have confirmed to the trustees that the summarised financial information is consistent with the statutory financial statements for the year ended 31 December 2009.
This summarised financial information may not contain sufficient information to gain a complete understanding of the financial affairs of the charity. The full trustees report, statutory financial statements and auditors’ report may be obtained from the Chief Executive. Any questions on finance should also be directed to the Chief Executive.
Details of our activities can be found in our Annual Report .
Signed on behalf of the Trustees
John Atkins Chair of Board of Trustees 29 April 2010
Independent auditor's report to the members of The Ear Foundation Limited
The following is an excerpt from the full report which can be found on Page 17 of the Report and Financial Statements as at 31 December 2009
We have audited the financial statements of The Ear Foundation Limited for the year ended 31 December 2009 on pages 19 to 31. The financial statements have been prepared under the accounting policies set out therein.
This report is made solely to the company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006.
Our audit work has been undertaken so that we might state to the 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 company and the company’s members as a body, for our audit work, for this report, or for the opinions we have formed.
Respective responsibilities of trustees and auditors
The trustees’ (who are also the directors of the company for the purposes of company law) responsibilities for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and for being satisfied that the financial statements give a true and fair view are set out in the Statement of Trustees’ Responsibilities.
Our responsibility is to audit the financial statements in accordance with relevant legal and regulatory requirements and International Standards on Auditing (UK and Ireland).
We report to you our opinion as to whether the financial statements give a true and fair view and have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice, and have been prepared in accordance with the Companies Act 2006. We also report to you whether in our opinion the information given in the Report of the Trustees is consistent with those financial statements.
In addition we report to you if, in our opinion, the charity has not kept adequate accounting records, if the charity’s financial statements are not in agreement with the accounting records and returns, if we have not received all the information and explanations we require for our audit, or if certain disclosures of trustees’ remuneration specified by law are not made.
We read the Report of the Trustees and operational and public benefit report and consider the implications for our report if we become aware of any apparent misstatements within it.
Basis of audit opinion
We conducted our audit in accordance with International Standards on Auditing (UK and Ireland) issued by the Auditing Practices Board. An audit includes examination, on a test basis, of evidence relevant to the amounts and disclosures in the financial statements. It also includes an assessment of the significant estimates and judgements made by the trustees in the preparation of the financial statements, and of whether the accounting policies are appropriate to the charity’s circumstances, consistently applied and adequately disclosed.
We planned and performed our audit so as to obtain all the information and explanations which we considered necessary in order to provide us with sufficient evidence to give reasonable assurance that the financial statements are free from material misstatement, whether caused by fraud or other irregularity or error. In forming our opinion we also evaluated the overall adequacy of the presentation of information in the financial statements.
THE EAR FOUNDATION LIMITED
Independent auditor’s report to the members of The Ear Foundation Limited (continued)
In our opinion
- The financial statements give a true and fair view, of the state of the charity’s affairs as at 31 December 2009 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
- The financial statements have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice;
- The financial statements have been prepared in accordance with the Companies Act 2006; and
- The information given in the Report of the Trustees is consistent with the financial statements.
David Parish Statutory Auditor For and on behalf of
RSM Tenon Audit Limited Statutory Auditor The Poynt 45 Wollaton Street Nottingham NG1 5FW