External auditors

Descriptions

The Horniman Public Museum and Public Park Trust (“the Horniman”) was incorporated on 29 December 1989 as a company limited by guarantee. It is also a registered charity and non-departmental public body. The operations of the Horniman are funded predominantly by a grant from the Department for Culture, Media and Sport under the terms of a Funding Agreement. Consequently it is accountable as a public sector body under the ‘Managing Public Money’ guidance, which can be found on the HM Treasury website. In addition to the International Standards on Auditing (UK and Ireland) the appointed auditors would be required to comply with Practice Note 10, published by the Auditing Practices Board, on the application of Statements of Auditing Standards to the audit of financial statements of public sector entities in the UK. The accounts of the Horniman, as an NDPB, are currently obliged to include a governance statement by the Accounting Officer. The auditors are consequently required to provide an audit opinion on this statement, although it is not expected that any significant additional work is necessary. The current five year audit term has now been completed and the Trustees are retendering the audit appointment.