INDEPENDENT AUDITOR'S REPORT TO THE SHAREHOLDERS OF THE ALEXANDER
BEARD GROUP PLC
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We have audited the financial statements of The Alexander Beard Group Plc for the year ended 30 November
2012 which comprise the group profit and loss account, the group and company Balance sheets, the group
consolidated cash flow statement, the group consolidated statement of total recognised gains and losses and
the related notes. The financial reporting framework that has been applied in their preparation is applicable law
and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
RESPECTIVE RESPONSIBILITIES OF DIRECTORS AND AUDITOR
As explained more fully in the Directors' responsibilities statement set out on page 5, the directors are
responsible for the preparation of the financial statements and for being satisfied that they give a true and fair
view.
Our responsibility is to audit and express an opinion on the financial statements in accordance with applicable
law and International Standards on Auditing (UK and Ireland). Those standards require us to comply with the
Auditing Practices Board's (APB's) Ethical Standards for Auditors. 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.
SCOPE OF THE AUDIT OF THE FINANCIAL STATEMENTS
A description of the scope of an audit of financial statements is provided on the financial reporting council’s
web-site at
.
OPINION ON THE FINANCIAL STATEMENTS
In our opinion the financial statements:
give a true and fair view of the state of the group's and the parent company's affairs as at 30 November
2012 and of the group's profit for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice; and
have been prepared in accordance with the requirements of the Companies Act 2006.
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