AUDIT OF THE GROUP FINANCIAL STATEMENTS
The purpose of this schedule to our engagement letter is to set out the basis on which we are to act as auditor of the company and as auditor of its subsidiary undertakings in the United Kingdom as shown in the appendix to this schedule (the subsidiaries) (together, the group) and the respective areas of responsibility of the directors and of ourselves. The terms of this letter shall govern our engagement as auditor to each of the subsidiaries as though reference to the obligations of the company were to the obligations of the relevant subsidiary and references to the obligations of the directors of the company or “you” were to the obligations of the directors of the relevant subsidiary.
1. YOUR RESPONSIBILITIES
1.1 As directors of the company, in addition to your general duties specified in sections 170 to 177 of the Companies Act 2006, you are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and to enable you to ensure that the financial statements comply with the Companies Act 2006. You are also responsible for preparing financial statements which give a true and fair view, have been prepared in accordance with United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) or, if applicable, UK-adopted international accounting standards or International accounting standards in conformity with the requirements of the Companies Act 2006, and the Companies Act 2006 and regulations made under it.