Record Regulatory News (REC)

25 June 2015

Record plc - Annual Report and Accounts

The following documents have today been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.morningstar.co.uk/uk/NSM

· Record plc's Annual Report and Accounts 2015;

· Record plc's circular to shareholders incorporating the notice of the 2015 Annual General Meeting which will be held at the company's registered office: Morgan House, Madeira Walk, Windsor, Berkshire SL4 1EP at 10 am on Thursday 23 July 2015, and

· Form of proxy.

The annual report, notice of meeting and AGM circular will also shortly be available from the Record plc website at http://ir.recordcm.com/financial-information-and-reporting/reports-and-accounts or from the Company Secretary at the Company's registered office, Morgan House, Madeira Walk, Windsor, Berkshire SL4 1EP.

Included in this announcement, for the purposes of compliance with the Disclosure and Transparency Rules, is the Statement of Directors' Responsibilities as extracted from the 2015 Annual Report and Accounts dated 15 June 2015.

Statement of Directors' Responsibilities:

The Directors are responsible for preparing the Strategic report and Directors' report, the Remuneration report and the financial statements in accordance with applicable law and regulations.

Company law requires the Directors to prepare financial statements for each financial year. Under that law the Directors have to prepare the financial statements in accordance with International Financial Reporting Standards (IFRSs) as adopted by the European Union. Under company law the Directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs and profit or loss of the company and group for that period. In preparing these financial statements, the Directors are required to:

· select suitable accounting policies and then apply them consistently;

· make judgements and accounting estimates that are reasonable and prudent;

· state whether applicable IFRSs have been followed, subject to any material departures disclosed and explained in the financial statements.

The Directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and enable them to ensure that the financial statements and the Remuneration report comply with the Companies Act 2006 and Article 4 of the IAS Regulation. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Directors confirm that: 

· so far as each Director is aware, there is no relevant audit information of which the Company's auditor is unaware; and

· the Directors have taken all the steps that they ought to have taken as directors in order to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.

The Directors are responsible for preparing the Annual Report in accordance with applicable law and regulations. The Directors consider the Annual Report and the financial statements, taken as a whole, provides the information necessary to assess the Group's performance, business model and strategy and is fair, balanced and understandable.

The Directors are responsible for the maintenance and integrity of the corporate and financial information included on the Company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. 

To the best of the Director's knowledge:

· the Group financial statements, prepared in accordance with IFRSs as adopted by the European Union, give a true and fair view of the assets, liabilities, financial position and profit or loss of the Company and the undertakings included in the consolidation taken as a whole; and

· the Annual Report, including the Strategic report, includes a fair review of the development and performance of the business and the position of the Company and the undertakings included in the consolidation taken as a whole, together with a description of the principal risks and uncertainties that they face.

Enquiries: Joanne Manning, Company Secretary, Record plc (Tel: 01753 852 222).

End