KCHC Annual Review 2023-24 WEB Singles - Flipbook - Page 41
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 company’) for the year
ended 31 March 2024 which comprise the Statement of
Financial Activities, the Balance Sheet, the Statement
of Cash Flows and notes to the financial statements,
including significant accounting policies. The financial
reporting framework that has been applied in their
preparation is applicable law and United Kingdom
Accounting Standards, including FRS 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 2024 and of its
incoming resources and application of resources,
including its income and expenditure, for the year
then ended;
• have been properly prepared in accordance with
United Kingdom Generally Accepted Accounting
Practice; and
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
• 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
The other information comprises the information
included in the annual report, other than the financial
statements and our auditor’s report thereon. The
trustees are responsible for the other information. 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.
In connection with our audit of the financial statements,
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 audit or otherwise
appears to be materially misstated. If we identify
such material inconsistencies or apparent material
misstatements, we are required to determine whether
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