The Trustees Responsibility for
Financial Reporting
The Trustees are responsible for the maintenance of adequate accounting records and the preparation of the financial
statements and related information. The Foundation's independent external auditors, KPMG have audited the financial statements and their report appears on page 37
The Trustees are also responsible for the systems of internal control. These are designed to provide reasonable, but
not absolute, assurance as to the reliability of the financial statements, and to safeguard, verify and maintain accountability of assets, and to prevent and detect material misstatements and losses. The systems are implemented and
monitored by suitably trained personnel with an appropriate segregation of authority and duties. Nothing has come
to the attention of the Trustees to indicate that any material breakdown in the functioning of these controls, procedures
and systems has occurred during the year under review.
The financial statements are prepared on the going concern basis. There is no information that has come to the attention of the Trustees to indicate that the organisation will not remain a going concern for the foreseeable future.
The financial statements set out on pages 38 to 58 were approved by the Board of Trustees on 13 October 2015 and
are signed on their behalf by:
………………………………………
……………………………………….
}
Trustees
36
Legal Resources Foundation Annual Report 2015
Date : 13 October 2015
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