| We have audited the financial statements of (name of friendly society) for the year ended ... which comprise (specify the titles of the primary statements such as the Group and Society Income and Expenditure Accounts, the Group and Society Balance Sheets) and the related notes69. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice)[, having regard to the statutory requirement to maintain equalisation provisions. The nature of equalisation provisions, the amounts set aside at ..., and the effect of the movement in those provisions during the year on the fund for future appropriations, the balance on the general business technical account and on excess of income over expenditure before tax are disclosed in note x70]. |
