Auditors Report
Independent Auditors' Report To The Members Of The NCVS
We have audited the financial statements of the Nottingham Council for Voluntary Services for the year ended
31 March 2007 which comprise the statement of financial activities, the summary income and expenditure account,
the balance sheet and the related notes. The financial statements have been prepared under the accounting
policies set out therein.
This report is made solely to the charity's trustees, as a body, in accordance with section 235 of the Companies
Act 1985. Our audit work has been undertaken so that we might state to the charity's trustees those matters
we are required to state to them in an auditors' report and for no other purpose. To the fullest extent
permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's
trustees as a body, for our audit work, for this report, or for the opinions we have formed.
Respective responsibilities of trustees and auditors
The responsibilities of the trustees (who are also the directors of the company for the purposes of company
law) for preparing the annual report and the financial statements in accordance with applicable law and
United Kingdom accounting standards ('United Kingdom Generally Accepted Accounting Practice') are set out
in the statement of trustees' responsibilities.
Our responsibility is to audit the financial statements in accordance with relevant legal and regulatory
requirements and International Standards on Auditing (UK and Ireland).
We report to you our opinion as to whether the financial statements give a true and fair view and have been
properly prepared in accordance with the Companies Act 1985. We also report to you whether in our opinion
the information given in the trustees' report is consistent with the financial statements.
In addition we report to you if, in our opinion, the charity has not kept proper accounting records, if we
have not received all the information and explanations we require for our audit, or if information specified
by law regarding trustees' remuneration and other transactions is not disclosed.
We read the trustees' report and consider the implications for our report if we become aware of any apparent
misstatements within it.
Basis of audit opinion
We conducted our audit in accordance with International Standards on Auditing (UK and Ireland) issued by
the Auditing Practices Board. An audit includes examination, on a test basis, of evidence relevant to the
amounts and disclosures in the financial statements. It also includes an assessment of the significant estimates
and judgments made by the trustees in the preparation of the financial statements, and of whether the accounting
policies are appropriate to the charity's circumstances, consistently applied and adequately disclosed.
We planned and performed our audit so as to obtain all the information and explanations we considered necessary
in order to provide us with sufficient evidence to give reasonable assurance that the financial statements
are free from material misstatement, whether caused by fraud or other irregularity or error. In forming
our opinion we also evaluated the overall adequacy of the presentation of information in the financial statements.
Opinion
In our opinion:
- the financial statements give a true and fair view, in accordance with United Kingdom Generally Accepted
Accounting Practice, of the state of the charity's affairs as at 31 March 2007 and of its incoming resources
and application of resources, including its income and expenditure, for the year then ended;
- the financial statements have been properly prepared in accordance with the Companies Act 1985; and
- the information given in the trustees' report is consistent with the financial statements.
PKF (UK) LLP
Nottingham, UK
17 September 2007