Page 61 - SyI-Annual-Report

-
Chartered Accountants’ Report to The Board

of Directors on The Unaudited Financial

Statements of The Security Institute

In order to assist you to fulfil your duties under the Companies Act 2006, we
have prepared for your approval the financial statements of The Security
Institute for the year ended 31 December 2019 which comprise the Income
Statement, Balance Sheet and the related notes from the company’s
accounting records and from information and explanations you have given
us.

As a practising member firm of the Institute of Chartered Accountants
in England and Wales (ICAEW), we are subject to its ethical and other
professional requirements which are detailed within the ICAEW’s regulations
and guidance at http://www.icaew.com/en/membership/regulations-
standards-and-guidance.

This report is made solely to the Board of Directors of The Security Institute,
as a body, in accordance with our terms of engagement. Our work has been
undertaken solely to prepare for your approval the financial statements of
The Security Institute and state those matters that we have agreed to state
to the Board of Directors of The Security Institute, as a body, in this report
in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent
permitted by law, we do not accept or assume responsibility to anyone
other than The Security Institute and its Board of Directors, as a body, for
our work or for this report.

It is your duty to ensure that The Security Institute has kept adequate
accounting records and to prepare statutory financial statements that give a
true and fair view of the assets, liabilities, financial position and loss of The
Security Institute. You consider that The Security Institute is exempt from
the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the
financial statements of The Security Institute. For this reason, we have
not verified the accuracy or completeness of the accounting records
or information and explanations you have given to us and we do not,
therefore, express any opinion on the statutory financial statements.
Armstrongs
Chartered Accountants and Tax Advisers
1 & 2 Mercia Village
Torwood Close
Westwood Business Park
Coventry
West Midlands
CV4 8HX

61