PA Group Annual Report 2007
INDEPENDENT AUDITORS’
REPORT TO THE MEMBERS
OF PA GROUP LIMITED
We have audited the group and report to you whether in our opinion accordance with International
parent company financial statements the information given in the directors’ Standards on Auditing (UK and Ireland)
(the ‘‘financial statements’’) of PA report is consistent with the financial issued by the Auditing Practices Board.
Group Limited for the year ended 31 statements. The information given An audit includes examination, on
December 2007 which comprise the in the directors’ report includes that a test basis, of evidence relevant to
group profit and loss account, the group specific information presented in the the amounts and disclosures in the
statement of total recognised gains and Chairman’s statement and the Group financial statements. It also includes
losses, the group and company balance Chief Executive’s statement that is an assessment of the significant
sheets, the group cash flow statement, cross referred from the business review estimates and judgments made by
the accounting policies and the related section of the directors’ report. the directors in the preparation of the
notes. These financial statements have In addition, we report to you if, in financial statements, and of whether
been prepared under the accounting our opinion, the company has not the accounting policies are appropriate
policies set out therein. kept proper accounting records, if we to the group’s and company’s
have not received all the information circumstances, consistently applied and
RESPECTIVE RESPONSIBILITIES OF and explainations we require for our adequately disclosed.
DIRECTORS AND AUDITORS audit, or if information specified by law
The directors’ responsibilities for regarding directors’ remuneration and OPINION
preparing the annual report and the other transactions is not disclosed. In our opinion:
financial statements in accordance with We read other information contained
applicable law and United Kingdom in the annual report, and consider • the financial statements give a
Accounting Standards (United Kingdom whether it is consistent with the true and fair view, in accordance
Generally Accepted Accounting audited financial statements. This with United Kingdom Generally
Practice) are set out in the statement of other information comprises only Accepted Accounting Practice, of
directors’ responsibilities. the Chairman’s statement and the the state of the group’s and the
Our responsibility is to audit the Group Chief Executive’s statement. parent company’s affairs as at 31
financial statements in accordance We consider the implications for our December 2007 and of the group’s
with relevant legal and regulatory report if we become aware of any loss and cash flows for the year
requirements and International apparent misstatements or material then ended;
Standards on Auditing (UK and inconsistencies with the financial • the financial statements have been
Ireland). This report, including the statements. Our responsibilities do not properly prepared in accordance
opinion, has been prepared for and extend to any other information. with the Companies Act 1985; and
only for the company’s members as • the information given in the
a body in accordance with Section BASIS OF AUDIT OPINION Directors’ Report is consistent with
235 of the Companies Act 1985 and We planned and performed our audit the financial statements.
for no other purpose. We do not, in so as to obtain all the information and
giving this opinion, accept or assume explanations which we considered PricewaterhouseCoopers LLP
responsibility for any other purpose or necessary in order to provide us with Chartered Accountants and Registered
to any other person to whom this report sufficient evidence to give reasonable Auditors
is shown or into whose hands it may assurance that the financial statements Leeds
come save where expressly agreed by are free from material misstatement, 25 April 2008
our prior consent in writing. whether caused by fraud or other
We report to you our opinion as irregularity or error. In forming our
to whether the financial statements opinion we also evaluated the overall
give a true and fair view and are adequacy of the presentation of
properly prepared in accordance with information in the financial statements.
the Companies Act 1985. We also We conducted our audit in
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