Dunelm Group plc – Annual report – 1 July 2023
Industry: retail
Audit and Risk Committee report (extract)
FRC review of annual report and accounts
The FRC’s Corporate Reporting Review team carried out a review of the FY22 Annual Report and Accounts during the year, with no queries raised. The FRC noted some matters that could be improved in future reporting, and these have been duly considered and addressed as appropriate.
The FRC requests that in reporting on this engagement we make clear the limitations of their review, namely that it was based solely on the Annual Report and Accounts and did not benefit from a detailed knowledge of our business, or an understanding of the underlying transactions entered into. They also noted that their review provided no assurance that the report and accounts are correct in all material respects and that the FRC’s role is not to verify the information provided but to consider compliance with reporting requirements. Finally, it is noted that none of the FRC, its officers, employees or agents accept liability for reliance on their letter by the Company or any third party, including but not limited to investors and shareholders.
Accounts examples 