After the company's year end, we shall prepare the accounts, without carrying out an audit, from the accounting records and from explanations supplied to us. We shall prepare the accounts in accordance with generally accepted accounting principles, appropriate accounting standards and the format and disclosure requirements of the Companies Act 1985.

To the above accounts we shall attach our "Accountants Report" which will confirm that we have prepared the accounts, without carrying out an audit, from the books and records and information supplied by you.

Without undertaking audit, we are not able to confirm that the accounts give a true and fair view. Our procedures will not enable us to make any judgments on or form any opinion regarding the truth and fairness of those accounts. Consequently, our work will not provide any assurance that the accounting records are free from material misstatement, whether caused by fraud, other irregularities or error.

Should our work indicate that the company is not entitled to exemption from an audit of the accounts or requires a reporting accountant's report, we will inform you of this. In such circumstances, we will discuss with you the need to appoint an auditor or a reporting accountant