We have reviewed the financial statements of The Institute Of Tourist Guiding for the year ended 31st August 2023, which comprise the Income Statement, Statement of Financial Position and the related notes 1 to 14. 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".
This report is made soley to the company's directors, as a body, in accordance with the terms of our engagement letter dated October 2023. Our review has been undertaken so that we might state to the directors those matters that we have agreed with them in our engagement letter and for no other purpose.To the fullest extent permitted by law, we do not accept or assume responsibilty to anyone other than the company and the company's directors as a body for our work, for this report or the conclusions we have formed.
Directors' responsibilty for the financial statements.
As explained more fully in the Directors' Responsibilities Statement set out on page two, the directors are responsibile for the preparation of the financial statements and for being satisfied that they give a true and fair view.
Accountants' responsibility.
Our responsibilty is to express a conclusion based on our review of the financial statements. We conducted our review in accordance with International Standrad on Review Engagements (ISRE) 2400 (Revised), "Engagements to review historical financial statements' and ICAEW Technical Release TECH 09/13AAF "Assurance review engagements on historical financial statements". ISRE 2400 also requires us to comply with the ICAEW Code of Ethics.
Scope of the assurance review
A review of financial statements in accordance with ISRE2400 (Revised) is a limited assurance engagement. We have performed additional procedures to those required under a compiliation engagement. These primarily consist of making enquiries of management and others within the entity, as appropriate, applying analytical procedures and evaluating the evidence obtained.The procedures performed in a review are substantially less than those performed in an audit conducted in accordance with International Standards on Auditing (UK and Ireland). Accordingly, we do not express an audit opinion on these financial statements.
Conclusion
Based on our review, nothing has come to our attention that causes us to believe that the financial statements have not been prepared:
- so as to give a true and fair view of the state of the company's affairs as at 31 August 2023 and of its surplus for the year then ended,
- in accordance with United Kingdom Generally Accepted Accounting Practice, including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland"; and
- in accordance with the requirements of the Companies Act 2006.