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The directors are required by law
to prepare financial statements for each financial year which give
a true and fair view of the state of affairs of the company and
the group as at the end of the financial year and of the profit
or loss and cash flows of the group for that period.
The directors consider that, in preparing the financial statements
for the year ended 31 March 2001 on pages 73 to 131 of the printed
version the company has used appropriate accounting policies, consistently
applied and supported by reasonable and prudent judgements and estimates.
The directors also consider that all applicable accounting standards
have been followed and confirm that the financial statements have
been prepared on the going concern basis.
The directors are responsible for ensuring that the company keeps
accounting records which disclose with reasonable accuracy at any
time the financial position of the company and which enable them
to ensure that the financial statements comply with the Companies
Act 1985.
The directors are also responsible for taking such steps that are
reasonably open to them to safeguard the assets of the group and
to prevent and detect fraud and other irregularities.
The auditors' responsibilities are stated in their report to the
shareholders. |
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