Page 58 - Honeywell Annual Report 2021 comm 10 09 v17a.cdr

Report of the Independent Auditors
To the Members of Honeywell Flour Mills Plc cont’d

From the matters communicated with the directors, we determine those matters that were of most significance in
the audit of the financial statements of the current year and are therefore the key audit matters. We describe
these matters in our auditor's report unless law or regulation precludes public disclosure about the matter or when,
in extremely rare circumstances, we determine that a matter should not be communicated in our report because
the adverse consequences of doing so would reasonably be expected to outweigh the public interest benefits of
such communication.

Report on Other Legal and Regulatory Requirements

In accordance with Schedule 5 of the Companies and Allied Matters Act 2020, we expressly state that:
(i) we have obtained all the information and explanations which to the best of our knowledge and belief were
necessary for the purpose of our audit;
(ii) in our opinion, proper books of account have been kept by the Company, so far as it appears from our examination
of those books; and
(iii) the Company's statement of financial position and income statement are in agreement with the books of account
and returns.

Mark E. Ariemuduigho
FRC/2013/ICAN/00000002724
For: Bakertilly
(Chartered Accountants)
Lagos, Nigeria
26th May 2021

World of Possibilities HONEYWELL FLOUR MILLS | ANNUAL REPORT | 2021 59