Page 27 - GROUP 3 NAKED HOTEL LIMITED ANNUAL REPORT
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AUDITORS’ REPORT
18 Olive Green Drive,
Montego Bay, Jamaica
Telephone number (s): 876-997-1389-8
Website: www.WilliamsandBraithwaite.com
Independent Auditor’s Report
To the members of Naked Hotel Limited
Report on the audited financial statements
We have audited the financial statements for Naked Hotel Limited set out on pages _____ to
30
50
_____ which comprise of the Statement of Financial Position as at December 31, 2016,
Statement of Comprehensive Income, Statement of Changes in Equity, Statement of Cash Flows
for the year then ended and a summary of significant accounting policies and other explanatory
information.
Management’s Responsibility for the Financial Statements
Management is responsible for the preparation of financial statements that give a true and fair
view in accordance with International Financial Reporting Standards and the requirements of the
Jamaican Companies Act and for such internal control as management determines is necessary to
enable the preparation of the financial statements that are free from material misstatements,
whether due to fraud or error.
Management is responsible for preparing the financial statements on a going concern basis
unless it is inappropriate to presume that the company will continue in business.
Auditor’s Responsibility
Our responsibility is to express an opinion on these financial statements based on our audit. We
conducted our audit in accordance with international standards on auditing. Those standards
require that we plan and perform the audit to obtain all the information and explanations which
we consider necessary to provide us with reasonable assurance that the financial statements are
free of material misstatements. An audit includes examining, on a test basis, evidence supporting
the amounts and disclosures in the financial statements. It also includes assessing the accounting
principles used and significant estimates made by the management, as well as evaluating the
overall financial statements presentation.
We believe our audit provides a reasonable basis for our opinion.
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