Page 41 - RFU Annual Report 2015/2016

Financial Statements
39

Independent Auditor’s Report to the Members of the Rugby Football Union

We have audited the financial Our audit work has been undertaken Matters on which we are required to
statements of the Rugby Football so that we might state to the Rugby report by exception
Union for the year ended 30 June 2016 Football Union’s members those
which comprise the Group Profit & matters we are required to state to We have nothing to report in respect
Loss Account, the Group Statement them in an auditor’s report and for no of the following matters where the
of Comprehensive Income, the Group other purpose. To the fullest extent Co-operative and Community Benefit
and Parent Balance Sheets, the Group permitted by law, we do not accept or Societies Act 2014 requires us to report
and Parent Statement of Changes assume responsibility to anyone other to you if, in our opinion:
in Equity, the Group Cash Flow than the Rugby Football Union and the
Statement and the related notes. The Rugby Football Union’s members as a a satisfactory system of control
financial reporting framework that has body, for our audit work, for this report, over transactions has not been
been applied in their preparation is or for the opinions we have formed. maintained; or
applicable law and United Kingdom
Accounting Standards (United Scope of the audit of the the Rugby Football Union has not
Kingdom Generally Accepted financial statements kept proper books of account; or
Accounting Practice) including FRS
102 ‘The Financial Reporting Standard A description of the scope of an audit the financial statements are not in
applicable in the United Kingdom and of financial statements is provided agreement with the books of account;
Republic of Ireland’. on the Financial Reporting Council’s or
website at
Respective responsibilities of the www.frc.org.uk/auditscopeukprivate we have not received all the
Board of Directors and auditor information and explanations we
Opinion on financial statements need for our audit.
As explained more fully in the
‘Statement of the Board of Directors In our opinion the financial statements:
Responsibilities in Respect of the
Financial Statements’ as set out on give a true and fair view of the state
page 38, the Board is responsible for of the Group’s and Parent’s affairs as
the preparation of financial statements at 30 June 2016 and of the Group’s
which give a true and fair view. profit for the year then ended; William Neale Bussey
(Senior Statutory Auditor)
Our responsibility is to audit and have been properly prepared in
express an opinion on the financial accordance with United Kingdom For and on behalf of
statements in accordance with Generally Accepted Accounting
applicable law and International Practice including FRS 102 ‘The Mazars LLP
Standards on Auditing (UK and Financial Reporting Standard Chartered Accountants and Statutory
Ireland). Those standards require us applicable in the United Kingdom Auditor
to comply with the Auditing Practices and Republic of Ireland’; Tower Bridge House
Board’s Ethical Standards for Auditors. St. Katharine’s Way
This report is made solely to the have been properly prepared in London E1W 1DD
Rugby Football Union’s members, as a accordance with the Co-operative
body, in accordance with part 7 of the and Community Benefit Societies Date: 30 September 2016
Co-operative and Community Benefit Act 2014.
Societies Act 2014.

Annual Report 2015/16