Page 58 - 86395_CCB - 2024 Annual Report (web)
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           Statement of Directors’                     Ž adopt the going concern basis of
                                                      accounting unless they either intend
           responsibilities                           to liquidate the Company or to
           in respect of the                          cease operations or have no realistic
                                                      alternative but to do so.
           Financial Statements
                                                      The Directors are responsible for
                                                   keeping adequate accounting records
           The Directors are responsible for preparing   that are sufficient to show and explain
           the Annual Report and Financial Statements   the Company’s transactions and disclose
           in accordance with applicable law       with reasonable accuracy at any time the
           and regulations.                        financial position of the Company and
               Company law requires the Directors   enable them to ensure that its Financial
           to prepare Financial Statements for each   Statements comply with the Companies
           financial year. Under that law they have   Act 2006. They are responsible for such
           elected to prepare the Financial Statements   internal control as they determine is
           in accordance with UK‑adopted international   necessary to enable the preparation
           accounting standards and applicable law.  of Financial Statements that are free
               Under company law the Directors must   from material misstatement, whether
           not approve the Financial Statements unless   due to fraud or error, and have general
           they are satisfied that they give a true and fair   responsibility for taking such steps as are
           view of the state of affairs of the Company   reasonably open to them to safeguard
           and of its profit or loss for that period. In   the assets of the Company and to
           preparing the Financial Statements, the   prevent and detect fraud and other
           Directors are required to:              irregularities.
                                                      Under applicable law and regulations,
                Ž select suitable accounting policies and
                                                   the Directors are also responsible for
               then apply them consistently;
                                                   preparing a Strategic Report and a
                Ž make judgements and estimates that are   Directors’ Report that complies with that
               reasonable, relevant, and reliable;  law and those regulations.
                                                      The Directors are responsible for
                Ž state whether they have been prepared   the maintenance and integrity of the
               in accordance with UK‑adopted       corporate and financial information
               international accounting standards;
                                                   included on the Company’s website.
                Ž assess the Company’s ability to continue   Legislation in the UK governing the
               as a going concern, disclosing, as   preparation and dissemination of
               applicable, matters related to going   Financial Statements may differ from
               concern; and                        legislation in other jurisdictions.
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