company number - British Cardiovascular Society

BRITISH SOCIETY FOR HEART FAILURE 6(A COMPANY LIMITED BY GUARANTEE)TRUSTEES’ RESPONSIBILITIESYEAR ENDED 31 MAY 2004Law applicable to incorporated charities in England and Wales requires the trustees to prepare financialstatements for each financial period, which give a true and fair view of the state of affairs of the charity and ofthe surplus or deficit of the charity for that period. In preparing those financial statements, the trustees arerequired to:• select suitable accounting policies and then apply them consistently;• state whether applicable accounting standards have been followed, subject to any material departuresdisclosed and explained in the financial statements;• make judgements and estimates that are reasonable and prudent;• prepare the financial statements on the going concern basis unless it is inappropriate to presume that thecharity will continue in business.The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy atany time the financial position of the charity and to enable them to ensure that the financial statements complywith the Companies Act 1985 and the Charities Act 1993. They are also responsible for such steps as arereasonably open to them to safeguard the assets of the company and to prevent and detect fraud or otherirregularities or errors.The trustees are responsible for ensuring that the trustees’ report and other information included in the annualreport is prepared in accordance with applicable UK law.