Page 55 - SyI-Annual-Report

Statement of Directors’ Responsibilities

The directors are responsible for preparing the Report of the Directors 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 the directors have elected to prepare the
financial statements in accordance with United Kingdom Generally Accepted
Accounting Practice (United Kingdom Accounting Standards and applicable
law). 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 affairs of the company and of the surplus or deficit of the company
for that period. In preparing these financial statements, the directors are
required to:
• select suitable accounting policies and then apply them consistently;
• make judgements and accounting estimates that are reasonable and
prudent;

The directors 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 enable them to ensure that the financial statements comply with the
Companies Act 2006. They are also responsible for safeguarding the assets
of the company and hence for taking reasonable steps for the prevention
and detection of fraud and other irregularities.

This report has been prepared in accordance with the provisions of Part 15
of the Companies Act 2006 relating to small companies.

On Behalf of The Board:

P A Lavery - Director
Date: 21st April 2020

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