2002 Report And Accounts - Guinness Peat Group plc

Statement of Directors’ ResponsibilitiesCompany law requires the Directors toprepare financial statements for eachfinancial year that give a true and fair view of thestate of affairs of the Company and the Group andof the profit or loss of the Group for that period.The Directors confirm that suitable accountingpolicies have been used and applied consistently.They also confirm that reasonable and prudentjudgements and estimates have been made inpreparing the financial statements for the yearended 30th June 2002 and that applicableaccounting standards have been followed.The Directors are responsible for keeping properaccounting records that disclose with reasonableaccuracy at any time the financial position of theGroup and Company and to enable them toensure that the financial statements complywith the Companies Act 1985. They are alsoresponsible for safeguarding the assets of theGroup and Company and hence for takingreasonable steps for the prevention and detectionof fraud and other irregularities.The Directors are also responsible for the maintenanceand integrity of the Company’s website. Informationpublished on the internet is accessible in manycountries – legislation in the United Kingdomgoverning the preparation and dissemination offinancial statements may differ from legislation inother jurisdictions.18