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Independent auditor’s report to the members of King’s College Hospital Charity
Independent auditor’s
report to the members of
King’s College Hospital Charity
Opinion
We have audited the financial statements of King’s
College Hospital Charity (the ‘charitable company’)
for the year ended 31 March 2022, which comprise the
statement of financial activities, the balance sheet,
the statement of cash flows, the principal accounting
policies and the notes to the financial statements. The
financial reporting framework that has been applied in
their preparation is applicable law and United Kingdom
Accounting Standards, including Financial Reporting
Standard 102 ‘The Financial Reporting Standard
applicable in the UK and Republic of Ireland’ (United
Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial statements:
● Give a true and fair view of the state of the
charitable company’s affairs as at 31 March 2022
and of its income and expenditure 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.
Basis for opinion
We conducted our audit in accordance with International
Standards on Auditing (UK) (ISAs (UK)) and applicable
law. Our responsibilities under those standards are
further described in the auditor’s responsibilities for
the audit of the financial statements section of our
report. We are independent of the charitable company
in accordance with the ethical requirements that are
relevant to our audit of the financial statements in the
UK, including the FRC’s Ethical Standard, and we have
fulfilled our other ethical responsibilities in accordance
with these requirements. We believe that the audit
evidence we have obtained is sufficient and appropriate
to provide a basis for our opinion.
Conclusions relating
to going concern
In auditing the financial statements, we have concluded
that the Trustees’ use of the going concern basis
of accounting in the preparation of the financial
statements is appropriate.
Based on the work we have performed, we have not
identified any material uncertainties relating to events
or conditions that, individually or collectively, may cast
significant doubt on the charitable company’s ability
to continue as a going concern for a period of at least
twelve months from when the financial statements are
authorised for issue.
Our responsibilities and the responsibilities of the
Trustees with respect to going concern are described
in the relevant sections of this report.
Other information
The other information comprises the information
included in the Annual Report and Financial
Statements, other than the financial statements
and our auditor’s report thereon. The Trustees are
responsible for the other information contained within
the Annual Report and Financial Statements. Our
opinion on the financial statements does not cover the
other information and, except to the extent otherwise
explicitly stated in our report, we do not express any
form of assurance conclusion thereon.
Our responsibility is to read the other information and,
in doing so, consider whether the other information is
materially inconsistent with the financial statements
or our knowledge obtained in the course of the audit
or otherwise appears to be materially misstated. If
we identify such material inconsistencies or apparent
material misstatements, we are required to determine
whether this gives rise to a material misstatement in the
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