SCHEDULE 8Modified Accounts of Companies Qualifying as Small or Medium Sized
PART IModified Individual Accounts
Both cases
10
(1)
The accounts delivered shall be accompanied by a special report of the auditors stating that in their opinion—
(a)
the directors are entitled to deliver modified accounts in respect of the financial year, as claimed in the directors' statement, and
(b)
any accounts comprised in the documents delivered as modified accounts are properly prepared as such in accordance with this Schedule.
(2)
A copy of the auditors' report under section 236 need not be delivered : but the full text of it shall be reproduced in the special report under this paragraph.
(3)
If the directors propose to rely on sections 247 to 249 as entitling them to deliver modified accounts, it is the auditors' duty to provide them with a report stating whether in their opinion the directors are so entitled, and whether the documents to be delivered as modified accounts are properly prepared in accordance with this Act