Carphone Warehouse 2008 Annual Report Download - page 87

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www.cpwplc.com 75
Independent Auditors’ Report on the Company Financial Statements
Independent Auditors’ Report to the members of
The Carphone Warehouse Group PLC
We have audited the individual Company financial statements of The
Carphone Warehouse PLC for the 52 weeks ended 29 March 2008
which comprise the Balance Sheet and the related notes 1 to 13. These
Company financial statements have been prepared under the accounting
policies set out therein.
We have reported separately on the Group financial statements of The
Carphone Warehouse Group PLC for the 52 weeks ended 29 March
2008 and on the information in the Directors’ Remuneration Report
that is described as having been audited.
This report is made solely to the Company’s members, as a body, in
accordance with section 235 of the Companies Act 1985. Our audit work
has been undertaken so that we might state to the Company’s members
those matters we are required to state to them in an auditors’ 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 Company and
the Company’s members as a body, for our audit work, for this report,
or for the opinions we have formed.
Respective responsibilities of Directors and Auditors
The Directors’ responsibilities for preparing the Annual Report and
the Company financial statements in accordance with applicable law
and United Kingdom Accounting Standards (United Kingdom Generally
Accepted Accounting Practice) are set out in the Statement of
Directors’ Responsibilities.
Our responsibility is to audit the Company financial statements in
accordance with relevant legal and regulatory requirements and
International Standards on Auditing (UK and Ireland).
We report to you our opinion as to whether the Company financial
statements give a true and fair view and whether the Company financial
statements have been properly prepared in accordance with the
Companies Act 1985. We also report to you whether in our opinion the
Directors’ Report is consistent with the Company financial statements.
In addition we report to you if, in our opinion, the Company has not kept
proper accounting records, if we have not received all the information and
explanations we require for our audit, or if information specified by law
regarding Directors’ remuneration and other transactions is not disclosed.
We read the other information contained in the Annual Report as
described in the contents section and consider whether it is consistent
with the audited Company financial statements. The other information
comprises only the Directors’ Report and the Chairman’s Statement.
We consider the implications for our report if we become aware of any
apparent misstatements or material inconsistencies with the Company
financial statements. Our responsibilities do not extend to any further
information outside the Annual Report.
Basis of audit opinion
We conducted our audit in accordance with International Standards on
Auditing (UK and Ireland) issued by the Auditing Practices Board. An audit
includes examination, on a test basis, of evidence relevant to the amounts
and disclosures in the Company financial statements. It also includes
an assessment of the significant estimates and judgments made by the
Directors in the preparation of the Company financial statements, and
of whether the accounting policies are appropriate to the Company’s
circumstances, consistently applied and adequately disclosed.
We planned and performed our audit so as to obtain all the information
and explanations which we considered necessary in order to provide
us with sufficient evidence to give reasonable assurance that the
Company financial statements are free from material misstatement,
whether caused by fraud or other irregularity or error. In forming our
opinion we also evaluated the overall adequacy of the presentation
of information in the Company financial statements.
Opinion
In our opinion:
• the Company financial statements give a true and fair view,
in accordance with United Kingdom Generally Accepted Accounting
Practice, of the state of the Company’s affairs as at 29 March 2008;
• the Company financial statements have been properly prepared in
accordance with the Companies Act 1985 ; and
• the information given in the Directors’ Report is consistent with the
Company financial statements.
Deloitte & Touche LLP
Chartered Accountants and Registered Auditors
London
11 June 2008
Financial Statements