Compilation Report Droughtmaster Stud Breeders’ Society Limited For the year ended 31 March 2020
Compilation report to Droughtmaster Stud Breeders’ Society Limited
Our Responsibility
We have compiled the accompanying special
partners we have compiled the accompanying
purpose financial statements of Droughtmaster
special purpose financial statements
Stud Breeders’ Society Limited, which comprise
accordance with the basis of accounting as
the asset and liabilities statement as at 31 March
described in Note 1 to the financial statements
2020, income and expenditure statement, the
and APES 315 Compilation of Financial Information.
statement of cash flows, a summary of significant
We have applied our expertise in accounting and
accounting policies and other explanatory notes.
financial reporting to compile these financial
The specific purpose for which the special purpose
statements in accordance with the basis of
financial statements have been prepared is set
accounting described in Note 1 to the financial
out in Note 1.
statements. We have complied with the relevant
The Responsibility of the Committee Member’s
On the basis of information provided by the in
ethical requirements of APES 110 Code of Ethics for Professional Accountants.
The committee of Droughtmaster Stud Breeders’ Society Limited are solely responsible for the information contained in the special purpose financial statements, the reliability, accuracy and completeness of the information and for the determination that the basis of accounting used is appropriate to meet their needs and for the
Mr Ian Watson WLW Group Pty Ltd Dated: 02/07/2020
purpose that financial statements were prepared.
2020 ANNUAL REPORT 27
