Page 52 - DWF Annual Report 2017

Independent Auditor’s Report

We have audited the financial statements of DWF LLP for the year ended 30 April 2017 which comprise the Group
Profit and Loss Account, Group Statement of Comprehensive Income, the Group and Parent LLP Statement of
Changes in Members Interest, the Group and Parent LLP Balance Sheets, the Group Cash Flow Statement and the
related notes 1 to 19. The financial reporting framework that has been applied in their preparation is applicable law
and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS
102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland”.

This report is made solely to the Limited Liability Partnership’s Members, as a body, in accordance with Chapter 3
of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Limited
Liability Partnership’s Members those matters we are required to state to them in an auditor’s 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
Limited Liability Partnership and the Limited Liability Partnership Members as a body, for our audit work, for this
report, or for the opinions we have formed.

Respective responsibilities of In addition, we read all the financial Matters on which we are required to
Members and auditor and non-financial information in the report by exception
annual report to identify material
As explained more fully in the inconsistencies with the audited We have nothing to report in respect
Members’ Responsibilities Statement, financial statements and to identify of the following matters where the
the Members are responsible for the any information that is apparently Companies Act 2006 requires us to
preparation of the financial statements materially incorrect based on, or report to you if, in our opinion:
and for being satisfied that they give materially inconsistent with, the
a true and fair view. Our responsibility knowledge acquired by us in the • adequate accounting records have
is to audit and express an opinion on course of performing the audit. If we not been kept, or returns adequate for
the financial statements in accordance become aware of any apparent material our audit have not been received from
with applicable law and International misstatements or inconsistencies we branches not visited by us; or
Standards on Auditing (UK and Ireland). consider the implications for our report.
Those standards require us to comply • the financial statements are not
with the Auditing Practices Board’s Opinion on financial statements in agreement with the accounting
Ethical Standards for Auditors. records and returns; or
In our opinion the financial statements:
Scope of the audit of the financial • we have not received all the
statements • give a true and fair view of the state information and explanations we
of the Group and Limited Liability require for our audit.
An audit involves obtaining evidence Partnership’s affairs as at 30 April
about the amounts and disclosures 2017 and of the Group profit for the
in the financial statements sufficient year then ended;
to give reasonable assurance that the
financial statements are free from • have been properly prepared in
material misstatement, whether caused accordance with United Kingdom
by fraud or error. This includes an Generally Accepted Accounting Heather J Cosby BSc ACA
assessment of: whether the accounting Practice; and (Senior Statutory Auditor)
policies are appropriate to the Group’s for and on behalf of Deloitte LLP
and the Limited Liability Partnership’s • have been prepared in accordance
circumstances and have been with the requirements of the Statutory Auditor
consistently applied and adequately Companies Act 2006 as applied to
disclosed; the reasonableness of Limited Liability Partnerships. Manchester, United Kingdom
significant accounting estimates made 2nd February 2018
by the Members; and the overall
presentation of the financial statements.