Folkestone Development Company Limited
Chartered accountants' report to the board of directors on the preparation of the unaudited statutory financial statements of Folkestone Development Company Limited for the year ended 30 April 2021
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Folkestone Development Company Limited for the year ended 30 April 2021 which comprise the Balance sheet
and the related notes from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.
This report is made solely to the Board of directors of Folkestone Development Company Limited, as a body, in accordance with the terms of our engagement letter dated
16 January 2020. Our work has been undertaken solely
to prepare for your approval the financial statements of Folkestone Development Company Limited and state those matters that we have agreed to state to the Board of directors of Folkestone Development Company Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Folkestone Development Company Limited and its Board of directors, as a body, for our work or for this report.
It is your duty to ensure that Folkestone Development Company Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and result of Folkestone Development Company Limited. You consider that Folkestone Development Company Limited is exempt from the statutory audit requirement for the year.
We
have not been instructed to carry out an audit or review of the financial statements of Folkestone Development Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Kreston Reeves LLP
Chartered Accountants
37 St Margaret's Street
Canterbury
Kent
CT1 2TU
26 January 2022
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