THE UTC COMMON INVESTMENT FUND
COMMON INVESTMENT FUND
Report on the audit of the financial statements
Opinion
give a true and fair view of the financial transactions of the CIF during the year ended 31 December 2024, and of the amount and disposition at that date of its assets and liabilities; and have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice (United
).
We have audited the financial statements, included within the Report and Financial Statements, which comprise: the Statement of Net Assets Available to Participating Scheme as at 31 December 2024; the Fund Account and Statement of Changes in Net Assets Attributable to Participating Scheme for the year then ended; and the notes to the financial statements, which include a description of the significant accounting policies.
Basis for opinion
ments section of our report. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Independence We remained independent of the CIF in accordance with the ethical requirements that are relevant to our audit of the financial
accordance with these requirements.
Conclusions relating to going concern Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, at least twelve months from when the financial statements are authorised for issue.
e
preparation of the financial statements is appropriate.
lity
to continue as a going concern.
Our responsibilities and the responsibilities of the trustee with respect to going concern are described in the relevant sections of this report.
Reporting on other information The other information comprises all of the information in the Report and Financial Statements other than the financial al statements does not cover the other information and, accordingly, we do not express an audit opinion or any form of assurance thereon.
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