I have audited the Income and Expenditure Account and Balance Sheet
of Chess Scotland, which has been prepared under the historical cost
convention.
Council's responsibility for the financial statements:-
Council is required to arrange for the management board to prepare
financial statements for each financial year, which give a true and
fair view of the state of affairs of the organisation and of the surplus
or deficit of the organisation for that period.
Respective responsibility of council and auditors
The organisation's council are responsible for the preparation of financial
statements. It is my responsibility to form an independent opinion,
based on my audit, on those statements and to report my opinion to you.
Basis of opinion
An audit includes examination, on a test basis, of evidence relevant
to the amounts and disclosures in the financial statements. It also
includes an assessment of the significant estimates and judgements made
by the council in the preparation of the financial statements.
Opinion
In my opinion the financial statements give a true and fair view of
the organisations affairs at 30 April 2003 and of its surplus for the
year then ended.
K.R. Oswald A.C.A.
Chartered Accountant
18 August 2003
Auditors Report to the Members of Chess Scotland
for Scottish Congress Fund - Stirling -
for the Period Ended 30 November 2002
I have audited the Income and Expenditure Account and Balance Sheet
of Chess Scotland's Scottish Congress Fund, which has been prepared
under the historical cost convention.
Council's responsibility for the financial statements:-
Council is required to arrange for the management board to prepare
financial statements for each financial year, which give a true and
fair view of the state of affairs of the Scottish Congress Fund and
of the surplus or deficit of the Scottish Congress Fund for that period.
Respective responsibility of council and auditors
The association's council are responsible for the preparation of financial
statements.
It is my responsibility to form an independent opinion, based on my
audit, on those statements and to report my opinion to you.
Basis of opinion
An audit includes examination, on a test basis, of evidence relevant
to the amounts and disclosures in the financial statements. It also
includes an assessment of the significant estimates and judgements made
by the council in the preparation of the financial statements.
Opinion
In my opinion the financial statements give a true and fair view of
the Scottish Congress Fund affairs at 30 November 2002 and of its surplus
for the period then ended.
K.R. Oswald A.C.A.
Chartered Accountant
18 August 2003