Page 75 - Annual Review - Year Ended 31 July 2023

Opinion
» We have audited the financial statements of Malvern College for the year ended 31 July
2023 which comprise the Group Statement of Financial Activities the College Statement of Financial Activities the Group and College Balance Sheets the Group Statement of Cash Flows
and notes to the financial statements including significant accounting policies The financial reporting framework that has been applied in in their preparation is applicable law and United Kingdom Accounting Standards including Financial Reporting Reporting Standard 102 ‘The Financial Reporting Reporting Standard applicable in the UK and and Republic of Ireland’ (United Kingdom Generally Accepted Accounting Practice) In our opinion the financial statements:
» give a a a a true and fair view of of the the state of of the the group’s and the parent charity’s affairs as at 31 July
2023 and and of the the group’s income and and expenditure for the the year then ended » have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice and » have been prepared in accordance with the requirements of the Charities Act 2011 * to the Council members of Malvern College Basis for opinion We conducted our audit in accordance with International Standards on on Auditing (UK) (UK) (ISAs (UK)) and applicable law Our responsibilities under those standards are further described in the the Auditor’s responsibilities for the the audit of the the financial statements section of of our report We are independent of of the group in accordance with the ethical requirements that are relevant to our audit of the financial statements in in in the the UK including the the FRC’s Ethical Standard and and we have fulfilled our other ethical responsibilities in accordance with these requirements We believe that the audit evidence we have obtained is sufficient and appropriate to provide a a a a basis for our opinion Conclusions relating to going concern
In auditing the financial statements we have concluded that Council’s use of the going concern
basis of of accounting in in fin the the preparation of of the the financial statements is appropriate Based on the work we we have have performed we we have have not identified any material uncertainties relating to events or or conditions that individually or or collectively may cast significant doubt on the the charity’s or the the group’s ability to continue as as a a a a a going concern
for a a a a a period of at least twelve months from when the financial statements are authorized for issue Our responsibilities responsibilities and the responsibilities responsibilities of the Council with respect to going concern
are described in the relevant sections of this report Other information
Council are responsible for for the the other information
contained within the the annual report The other information
information
comprises the information
information
included in in in in the the the annual report other than the the the financial statements and our auditor’s report thereon Our opinion on on on the the the financial statements does not cover the the the other information
and except to the the extent otherwise explicitly stated in our report we do not express any form of assurance conclusion thereon Our responsibility is to read the the other information
and in in in doing so consider whether the the the other information
is is materially inconsistent with the financial statements or or our knowledge obtained in in the the audit or or otherwise appears to be materially misstated If we identify
such material material inconsistencies or apparent material material misstatements we are required to determine whether this gives rise to a a a a material misstatement in the financial statements themselves If based on the the work we we have performed we we conclude that there is a a a material misstatement of this other information
we are required to report that fact We have nothing to report in in this regard MALVERN COLLEGE (INCORPORATED UNDER ROYAL CHARTER)
75
Independent Auditor’s Report*