41061 Unite AR22 HI-RES WEB-READY - Flipbook - Page 169
STRATEGIC REPORT
GOVERNANCE
FINANCIAL STATEMENTS
OTHER INFORMATION
STATEMENT OF DIRECTORS’ RESPONSIBILITIES
The Directors are responsible for preparing the Annual
Report and Accounts and the Group and Parent Company
financial statements in accordance with applicable law
and regulations.
Under applicable law and regulations, the Directors
are also responsible for preparing a Directors’ Report,
Directors’ Remuneration Report and Corporate Governance
statement that comply with that law and those regulations.
Company law requires the Directors to prepare Group and
Parent Company financial statements for each financial
year. Under that law they are required to prepare the Group
financial statements in accordance with IFRS as adopted by
the UK (Adopted IFRS) and applicable law and have elected
to prepare the Parent Company financial statements in
accordance with United Kingdom Accounting Standards
including FRS 101 – Reduced Disclosure Framework (“United
Kingdom Generally Accepted Practice”).
The Directors are responsible for the maintenance and
integrity of the corporate and financial information included
on the Company’s website. Legislation in the UK governing
the preparation and dissemination of financial statements
may differ from legislation in other jurisdictions.
•
Under company law, the Directors must not approve the
financial statements unless they are satisfied that they give
a true and fair view of the state of affairs of the Group and
Parent Company and of their profit or loss for that period.
the financial statements, prepared in accordance with
the applicable set of accounting standards, give a true
and fair view of the assets, liabilities, financial position
and profit or loss of the Company and the undertakings
included in the consolidation taken as a whole; and
•
the Directors’ Report includes a fair review of the
development and performance of the business and the
position of the issuer and the undertakings included
in the consolidation taken as a whole, together with a
description of the principal risks and uncertainties that
they face.
In preparing each of the Group and Parent Company
financial statements, the Directors are required to:
•
select suitable accounting policies and then apply them
consistently;
•
make judgements and estimates that are reasonable and
prudent;
•
state whether they have been prepared in accordance
with IFRSs as adopted by the UK (or in accordance with
UK Generally Accepted Practice); and
•
prepare the financial statements on the going concern
basis unless it is inappropriate to presume that the
Group and the Parent Company will continue in business.
The Directors are responsible for keeping adequate
accounting records that are sufficient to show and explain
the Parent Company’s transactions and disclose with
reasonable accuracy at any time the financial position of the
Parent Company and enable them to ensure that its financial
statements comply with the Companies Act 2006. They have
general responsibility for taking such steps as are reasonably
open to them to safeguard the assets of the Group and to
prevent and detect fraud and other irregularities.
The Directors confirm that:
R S Smith
Director
28 February 2023
J J Lister
Director
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