Strategic Report
Governance Report
Financial Statements
Company Financial Statements
Audit Committee report
As Chair of the Audit Committee, I welcome the enhanced governance standards and transparency that comes with the move from AIM to the Main Market. It reflects our commitment to robust financial oversight, investor confidence and long-term value creation.”
James Rawlingson Audit Committee Chair
Role and responsibilities The Audit Committee assists the Board in meeting its responsibilities for the integrity of the Group’s internal financial controls and its financial reporting. The Committee’s responsibilities can be grouped into the following aspects: • To review and challenge the Group’s accounting policies and significant judgement areas and the integrity of its financial reporting; • To provide oversight and monitoring of the internal and external audit functions, including appraising their performance and approving their fees; and • To keep under review the adequacy and effectiveness of the Group’s
The full responsibilities of the Committee are set out in its Terms of Reference, which are reviewed annually and are available on the Group’s website. Composition and meetings During the year, the Committee comprised of James Rawlingson (Chair), along with Robert Burgess, Dagmar Kershaw and John Linwood. The Chair, CEO, CFO, CRO, and representatives of the Internal and External Auditors routinely attend meetings. The Committee meets with representatives of the Internal and External Auditors without management present at least once a year. The Company believes that the Committee as a whole possesses recent and relevant financial experience, and overall competence relevant to the sector in which the Company operates. The Committee’s attendance during the year ended 30 June 2025 is set out in the summary table on page 70.
internal financial controls; periodically receiving confirmation from the Risk and Compliance Committee that they have reviewed the adequacy and effectiveness of the Group’s internal control and risk management systems.
Brooks Macdonald Group plc Annual Report and Accounts 2025
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