BT 2015 Annual Report Download - page 197

195
Overview
The Strategic Report
Purpose and strategy Delivering our strategy Group performance Governance Financial statements
Additional information
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eport on the copan financial stateents
Our opinion
n our opinion  roup plcs copan financial stateents the
financial stateents
 ive a true and fair view of the state of the copans aairs as at
31March 2015;
 have been properly prepared in accordance with United Kingdom
Generally Accepted Accounting Practice; and
 have been prepared in accordance with the requirements of the
Companies Act 2006.
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 roup plcs financial stateents coprise
 the BT Group plc company balance sheet as at 31 March 2015;
 the BT Group plc company reconciliation of movement in equity
shareholders’ funds for the year then ended; and
 the notes to the financial stateents which include a suar of
sinificant accountin policies and other eplanator inforation.
he financial reportin fraewor that has been applied in the
preparation of the financial stateents is applicable law and United
Kindo ccountin tandards United Kindo enerall ccepted
Accounting Practice).
Other required reporting
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Companies Act 2006 opinion
In our opinion, the information given in the 6WUDWHJLF5HSRUW and the
5HSRUWRIWKHDirectors for the financial ear for which the financial
stateents are prepared is consistent with the financial stateents.
s UK  reland reportin
Under nternational tandards on uditin UK and reland s UK
& Ireland)”) we are required to report to you if, in our opinion, information
in the nnual eport  or 0- 01 the nnual eport is
 ateriall inconsistent with the inforation in the audited financial
statements; or
 apparently materially incorrect based on, or materially inconsistent
with, our knowledge of the company acquired in the course of
performing our audit; or
 otherwise misleading.
We have no exceptions to report arising from this responsibility.
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Under the Companies Act 2006 we are required to report to you if, in
our opinion:
 we have not received all the information and explanations we require
for our audit; or
 adequate accounting records have not been kept by the company, or
returns adequate for our audit have not been received from branches
not visited by us; or
 the financial stateents and the part of the 5HSRUW on Directors’
5HPXQHUDWLRQto be audited are not in agreement with the accounting
records and returns.
We have no exceptions to report arising from this responsibility.
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Report on Directors’ Remuneration – Companies Act 2006 opinion
In our opinion, the part of the 5HSRUWRQ'LUHFWRUVo5HPXQHUDWLRQ to
be audited has been properly prepared in accordance with the
Companies Act 2006.
Other Companies Act 2006 reporting
Under the Companies Act 2006 we are required to report to you if, in
our opinion certain disclosures of directors reuneration specified
by law are not made. We have no exceptions to report arising from
this responsibility.
esponsibilities for the financial stateents and the audit
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As explained more fully in the 6WDWHPHQWRIdirectors’ responsibilities
set out on page 130, the directors are responsible for the preparation
of the financial stateents and for bein satisfied that the ive a true
and fair view.
ur responsibilit is to audit and epress an opinion on the financial
stateents in accordance with applicable law and s UK  reland.
Those standards require us to comply with the Auditing Practices Board’s
Ethical Standards for Auditors.
This report, including the opinions, has been prepared for and only for
the company’s members as a body in accordance with Chapter 3 of Part
16 of the Companies Act 2006 and for no other purpose. We do not,
in giving these opinions, accept or assume responsibility for any other
purpose or to any other person to whom this report is shown or into
whose hands it may come save where expressly agreed by our prior
consent in writing.
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e conducted our audit in accordance with s UK  reland. n
audit involves obtaining evidence about the amounts and disclosures
in the financial stateents sucient to ive reasonable assurance that
the financial stateents are free fro aterial isstateent whether
caused by fraud or error. This includes an assessment of:
 whether the accounting policies are appropriate to the company’s
circumstances and have been consistently applied and adequately
disclosed;
 the reasonableness of sinificant accountin estiates ade b the
directors; and
 the overall presentation of the financial stateents.
We primarily focus our work in these areas by assessing the directors’
judgements against available evidence, forming our own judgements,
and evaluatin the disclosures in the financial stateents.
We test and examine information, using sampling and other auditing
techniques, to the extent we consider necessary to provide a reasonable
basis for us to draw conclusions. We obtain audit evidence through
testin the eectiveness of controls substantive procedures or a
combination of both.
n addition we read all the financial and non-financial inforation in
the Annual Report to identify material inconsistencies with the audited
financial stateents and to identif an inforation that is apparentl
materially incorrect based on, or materially inconsistent with, the
knowledge acquired by us in the course of performing the audit. If we
become aware of any apparent material misstatements or inconsistencies
we consider the implications for our report.
Other matter
e have reported separatel on the roup financial stateents of
BTGroup plc for the year ended 31 March 2015.
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Chartered Accountants and Statutory Auditors
London
6 May 2015