Maranguka Annual Report 2024 - Flipbook - Page 24
MARANGUKA LIMITED
ABN 82 646 525 135
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FINANCIAL REPORT ‐ 30 JUNE 2024
INDEPENDENT AUDITOR’S REPORT
TO THE DIRECTORS OF MARANGUKA LIMITED
Opinion
We have audited the financial report of Maranguka Limited which comprises the statement of financial position
as at 30 June 2024, the statement of profit or loss and other comprehensive income, the statement of changes
in funds and statement of cash flows for the period then ended, notes comprising a summary of accounting
policies and other explanatory information, and the Directors’ Declaration.
In our opinion, the accompanying financial report of Maranguka Limited is in accordance with the Australian
Charities and Not‐for‐profits Commission Act 2012, including:
a)
giving a true and fair view of the company’s financial position as at 30 June 2024 and of its financial
performance for the period then ended, and
b) complying with Australian Accounting Standards ‐ Simplified Disclosures and the Australian Charities and
Not‐for‐profits Commission Regulations 2022.
Basis for Opinion
We conducted our audit in accordance with Australian Auditing Standards. Our responsibilities under those
standards are further described in the Auditor’s Responsibility for the Audit of the Financial Report section of our
report. We are independent of the company in accordance with the auditor independence requirements of the
Australian Charities and Not‐for‐profits Commission Act 2012 and the ethical requirements of the Accounting
Professional and Ethical Standards Board’s APES 110 Code of Ethics for Professional Accountants (the Code) that
are relevant to our audit of the financial report in Australia. We have also fulfilled our other ethical
responsibilities in accordance with the Code.
We confirm that the independence declaration required by the Australian Charities and Not‐for‐profits
Commission Act 2012, which has been given to the Directors of the company, would be in the same terms if given to
the Directors as at the time of this auditor’s report.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our
opinion.
Directors’ Responsibility for the Financial Report
The Directors of the company are responsible for the preparation of the financial report that gives a true and
fair view in accordance with Australian Accounting Standards ‐ Simplified Disclosures and the Australian Charities
and Not‐for‐profits Commission Act 2012 and for such internal control as the Directors determine is necessary
to enable the preparation of a financial report that gives a true and fair view and is free from material
misstatement, whether due to fraud or error.
In preparing the financial report, the Directors are responsible for assessing the company’s ability to continue
as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis
of accounting unless the Directors either intend to liquidate the company or to cease operations, or have no
realistic alternative but to do so.
The Directors are responsible for overseeing the company’s financial reporting process.
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