King's College Hospital Charity - Annual Report & Accounts 2020-21 - Flipbook - Page 24
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 2020 which the comprise
the statement of financial activities, the balance sheet
and 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 2020 and of the
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
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evidence we have obtained is sufficient and appropriate
to provide a basis for our opinion.
Conclusions relating to going concern
We have nothing to report in respect of the following
matters in relation to which the ISAs (UK) require us to
report to you where:
the Trustees’ use of the going concern basis of
accounting in the preparation of the financial
statements is not appropriate; or
the Trustees have not disclosed in the financial
statements any identified material uncertainties
that may cast significant doubt about the charitable
company’s ability to continue to adopt the going
concern basis of accounting for a period of at least
twelve months from the date when the financial
statements are authorised for issue.
Other information
The Trustees are responsible for the 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. 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