Ireland for the year ended 31 December 2015, which comprise
the Statement of comprehensive income, the Statement
of financial position, the Statement of cash flows, the
Statement of changes in equity and the related notes. The
financial reporting framework that has been applied in their
preparation is Irish law and accounting standards issued by
the Financial Reporting Council and promulgated by the
Institute of Chartered Accountants in Ireland including FRS
102, "The Financial Reporting Standard applicable in the UK
and Republic of Ireland".
This report is made solely to the Company's members, as
a body, in accordance with Section 391 of the Companies
Act 2014. Our audit work has been undertaken so that we
might state to the Company's members those matters we
are required to state to them in an Auditors' Report and for
no other purpose. To the fullest extent permitted by law, we
do not accept or assume responsibility to anyone other than
the Company and the Company's members as a body, for
our audit work, for this report, or for the opinions we have
formed.
statement, the directors are responsible for the preparation
of the financial statements and for being satisfied that
they give a true and fair view and otherwise comply with
the Companies Act 2014. Our responsibility is to audit and
express an opinion on the financial statements in accordance
with Irish law and International Standards on Auditing (UK
and Ireland). Those standards require us to comply with the
Auditing Practices Board's Ethical Standards for Auditors.
and disclosures in the financial statements su cient to give
reasonable assurance that the financial statements are free
from material misstatement, whether caused by fraud or
error. This includes an assessment of: whether the accounting
policies are appropriate to the Company's circumstances and
have been consistently applied and adequately disclosed;
the reasonableness of significant accounting estimates made
by the directors; and the overall presentation of the financial
statements. In addition, we read all the financial and non-
inconsistencies with the audited financial statements and to
identify any information that is apparently materially incorrect
based on, or materially inconsistent with, the knowledge
acquired by us in the course of performing the audit. If we
become aware of any apparent material misstatements or
inconsistencies we consider the implications for our report.
· give a true and fair view in accordance with Generally
liabilities and financial position of the Company as at 31
December 2015 and of its profit for the year ended; and
audit.
readily and properly audited.