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Independent auditor’s report to the members of King’s College Hospital Charity
financial statements themselves. If, based on the work
we have performed, we conclude that there is a material
misstatement of this other information, we are required to
report that fact.
We have nothing to report in this regard.
Opinions on other matters prescribed by the
Companies Act 2006
In our opinion, based on the work undertaken in
the course of the audit, the information given in the
Trustees’ report, which is also the directors’ report
for the purposes of company law, for the financial
year for which the financial statements are prepared,
is consistent with the financial statements; and the
Trustees’ report, which is also the directors’ report for
the purposes of company law, has been prepared in
accordance with applicable legal requirements.
Matters on which we are required
to report by exception
In the light of the knowledge and understanding of the
charitable company and its environment obtained in
the course of the audit, we have not identified material
misstatements in the Trustees’ report, including the
strategic report. We have nothing to report in respect
of the following matters in relation to which the
Companies Act 2006 requires us to report to you if, in
our opinion:
● Adequate accounting records have not been kept,
or returns adequate for our audit have not been
received from branches not visited by us; or
● The financial statements are not in agreement with
the accounting records and returns; or
● Certain disclosures of Trustees’ remuneration
specified by law are not made; or
● We have not received all the information and
explanations we require for our audit.
Responsibilities of Trustees
As explained more fully in the Trustees’ responsibilities
statement, the Trustees (who are also the directors of
the charitable company for the purposes of company
law) are responsible for the preparation of the financial
statements and for being satisfied that they give a
true and fair view, and for such internal control as
the Trustees determine is necessary to enable the
preparation of financial statements that are free from
material misstatement, whether due to fraud or error.
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S U P P O R T K I N G S .O R G .U K
In preparing the financial statements, the Trustees are
responsible for assessing the charitable company’s
ability to continue as a going concern, disclosing,
as applicable, matters related to going concern and
using the going concern basis of accounting unless
the Trustees either intend to liquidate the charitable
company or to cease operations, or have no realistic
alternative but to do so.
Auditor’s responsibilities for the
audit of the financial statements
Our objectives are to obtain reasonable assurance
about whether the financial statements as a whole
are free from material misstatement, whether due
to fraud or error, and to issue an auditor’s report
that includes our opinion. Reasonable assurance is
a high level of assurance, but is not a guarantee that
an audit conducted in accordance with ISAs (UK) will
always detect a material misstatement when it exists.
Misstatements can arise from fraud or error and are
considered material if, individually or in the aggregate,
they could reasonably be expected to influence the
economic decisions of users taken on the basis of
these financial statements.
Irregularities, including fraud, are instances of
non-compliance with laws and regulations. We design
procedures in line with our responsibilities, outlined
above, to detect material misstatements in respect
of irregularities, including fraud. The extent to which
our procedures are capable of detecting irregularities,
including fraud, is detailed below:
How the audit was considered capable of detecting
irregularities including fraud:
Our approach to identifying and assessing the risks
of material misstatement in respect of irregularities,
including fraud and non-compliance with laws and
regulations, was as follows:
● The engagement partner ensured that the
engagement team collectively had the appropriate
competence, capabilities and skills to identify or
recognise non-compliance with applicable laws
and regulations;
● We identified the laws and regulations applicable
to the Charity through discussions with key
management and from our knowledge and
experience of the charity sector;
