Directors' Responsibilities
The Directors are responsible for preparing the Annual Report
and the Group financial statements. The Directors are required
to prepare Group financial statements for each financial year
which present fairly the financial position of the Group and the
financial performance and cash flows of the Group for that
period. In preparing those Group financial statements, the
Directors are required to:
• S elect suitable accounting policies and then apply them
consistently;
• M ake judgments and estimates that are reasonable and
prudent;
• S tate whether applicable US GAA P have been followed, subject
to any material departures disclosed and explained in
the financial statements;
• Prepare the financial statements on the going concern basis
unless it is inappropriate to presume that the Group will continue
in business;
• Present information, including accounting policies, in a manner
that provides relevant, reliable, comparable and understandable
information; and
• Provide additional disclosures to enable users to understand
the impact of particular transactions, other events and
conditions on the Group's financial position and financial
performance.
The Directors are responsible for keeping adequate accounting
records that disclose with reasonable accuracy at any time
the financial position of the Group. They have a general
responsibility for safeguarding the assets of the Group and
taking reasonable steps for the prevention and detection of
fraud and other irregularities. The Directors are responsible
for the maintenance and integrity of the corporate and financial
information included on the Group's website.
Annual General Meeti ng
The AGM will be held at the of fice of Brewin Dolphin,
12 Smithfield Street, London, EC 1A 9BD on 27 July 2011 at
12 noon UK time. The Group will convey the results of the
proxy votes cast at the AGM.
Peter Jerome
Group Secretary
20 June 2011
Notice of Annual General Meeting (AGM)
A notice convening the Company's 2011 AGM is attached to
this Annual Report. The resolutions which Shareholders are
being asked to pass at the AGM provide for the following:
Ordi nary Business
Resolution 1 acknowledges receipt of, and adopts, the
accounts for the period ended 31 December 2010 and the
reports of the Directors and auditors on them.
Resolution 2 elects Mr. J. Hills as a Director serving for a term
of three years.
Resolution 3 re-appoints Grant Thornton LL P as auditors of
the Company and authorises the Directors to determine their
remuneration.
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