Interfront 2023 Annual Report

TO ENABLE THE BOARD TO MEET THESE RESPONSIBILITIES, THE BOARD SETS STANDARDS FOR INTERNAL CONTROL AIMED AT REDUCING THE RISK OF ERROR OR DEFICIT IN A COST- EFFECTIVE MANNER.” 81 FINANCIAL INFORMATION PART The Board has reviewed the entity’s budgeted forecast for the year to 31 March 2024 and, in the light of this review and the current financial position, is satisfied that the entity has, or has access to, adequate resources to continue in operational existence for the foreseeable future. The Annual Financial Statements are prepared on the basis that the entity is a going concern. Although the Board is primarily responsible for the financial affairs of the entity, it is supported by the entity’s external auditors. The external auditors are responsible for independently reviewing and reporting on the entity’s Annual Financial Statements. The Annual Financial Statements have been examined by the entity’s external auditors and their report is presented on page 89. The Annual Financial Statements set out on pages 97 to 128, were approved by the Board on 28 July 2023 and were signed on its behalf by LEILANIE JANSE VAN RENSBURG Acting Managing Director 31 July 2023 MUSTAQ ENUS-BREY Chairperson of the Board 31 July 2023