Directors’ report for the year ended 31 December 2017
The Directors present their report and the audited consolidated financial statements of the Group for year ended 31 December 2017. Directors The Directors who served the company during the period and up to the date of signing the financial statements were as follows:
• Assess the Group and parent company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern; and • Use the going concern basis of accounting unless they either intend to liquidate the Group or the parent company or to cease operations or have no realistic alternative but to do so. 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 dier from legislation in other jurisdictions. Statement of disclosure of information to auditor In the case of each Director in oce at the date the Directors’ report is approved under section 418, the following applies: (a) So far as the Director is aware, there is no relevant audit information of which the company’s auditor is unaware; and (b) He has taken all the steps that they ought to have taken as a director in order to make themselves aware of any relevant audit information and to establish that the company’s auditor is aware of that information. Independent auditor Pursuant to Section 487 of the Companies Act 2006, the auditor will be deemed to be reappointed and KPMG LLP will therefore continue in oce.
N Wells N Polglass M Parmar P Berendsen (Resigned 31 March 2018) J Greenbury
The directors benefit from qualifying third party indemnity provisions in place during the financial period and at the date of this report. Political donations The Group made no political donations during the period. Matters covered in the Strategic report Discussion of going concern, financial risk management, future developments, employees and payment of dividends have been included in the Strategic report. Statement of Directors’ responsibilities The Directors are responsible for preparing the Annual report, Strategic report, the Directors’ report and the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law they have elected to prepare the Group and Parent Company financial statements in accordance with UK Accounting Standards and applicable law (UK Generally Accepted Accounting Practice), including FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland. 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 aairs of the group and parent company and of their profit or loss for that period. 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 applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
Signed on behalf of the Board of Management.
M Parmar CFO
April 2018
30 Directors’ Report | Whistl Annual Report 2017
Made with FlippingBook - Online magazine maker