RESIDENTIAL SERVICES LIMITED
INDEPENDENT CHARTERED ACCOUNTANTS' REVIEW REPORT
TO THE DIRECTORS OF RESIDENTIAL SERVICES LIMITED
FOR THE YEAR ENDED 25 MARCH 2020
We have reviewed the financial statements of Residential Services Limited for the year ended 25 March 2020, which comprise the Income statement, the Statement of financial position and the notes to the financial statements. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including
Financial Reporting Standard 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'
(United Kingdom Generally Accepted Accounting Practice).
Directors' Responsibility for the Financial Statements
As explained more fully in the Directors' responsibilities statement set out on page 2, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view.
Accountants' Responsibility
Our responsibility is to express a conclusion based on our review of the financial statements. We conducted our review in accordance with International Standard 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 (Revised) requires us to conclude whether anything has come to our attention that causes us to believe that the financial statements, taken as a whole, are not prepared, in all material respects, in accordance with United Kingdom Generally Accepted Accounting Practice, specifically FRS 105. ISRE 2400 (Revised) also requires us to comply with the ICAEW Code of Ethics.
Scope of the Assurance Review
A review of the financial statements in accordance with ISRE 2400 (Revised) is a limited assurance engagement. We have performed procedures, primarily consisting 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). 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:
∙
properly prepared in accordance with the United Kingdom Generally Accepted Accounting Practice, specifically FRS 105; and
∙
prepared in accordance with the requirements of the Companies Act 2006 as applied to micro-entities.
Use of our report
This report is made solely to the Company's directors, as a body, in accordance with the terms of our engagement letter dated 19 September 2014. Our review work has been undertaken so that we might state to the Company's
directors those matters that we have agreed to state to them in a reviewer's 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 directors, as a body, for our review work, for this report or the conclusions we have formed.
Gibson Appleby
Chartered Accountants
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