DocumentsAppendixJul 20, 2026Pages 14–15
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Index to Financial Statements
Sooke Family Resource Society
Year Ended March 31, 2025
| Financial statement | Page |
|---|---|
| Independent Practitioner’s Review Engagement Report | 3 |
| Financial Statements | |
| Statement of Financial Position | 4 |
| Statement of Changes in Net Assets | 5 |
| Statement of Revenues and Expenditures | 6 |
| Statement of Cash Flows | 7 |
| Notes to Financial Statements | 8–14 |
Independent Practitioner’s Review Engagement Report
To the Members of Sooke Family Resource Society
We have reviewed the accompanying financial statements of Sooke Family Resource Society (the Society) that comprise the statement of financial position as at March 31, 2025, and the statements of changes in net assets, revenues and expenditures and cash flows for the year then ended, and a summary of significant accounting policies and other explanatory information.
Management’s Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these financial statements in accordance with Canadian accounting standards for not-for-profit organizations (ASNPO), and for such internal control as management determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
Practitioner’s Responsibility
Our responsibility is to express a conclusion on the accompanying financial statements based on our review. We conducted our review in accordance with Canadian generally accepted standards for review engagements, which require us to comply with relevant ethical requirements.
A review of financial statements in accordance with Canadian generally accepted standards for review engagements is a limited assurance engagement. The practitioner performs procedures, primarily consisting of making inquiries of management and others within the entity, as appropriate, and applying analytical procedures, and evaluates the evidence obtained.
The procedures performed in a review are substantially less in extent than, and vary in nature from, those performed in an audit conducted in accordance with Canadian generally accepted auditing standards. Accordingly, we do not express an audit opinion on these financial statements.
Conclusion
Based on our review, nothing has come to our attention that causes us to believe that the financial statements do not present fairly, in all material respects, the financial position of Sooke Family Resource Society as at March 31, 2025, and the results of its operations and its cash flows for the year then ended in accordance with ASNPO.
Report on Other Legal and Regulatory Requirements
As required by the Societies Act, we report that, in our opinion, the accounting principles in Canadian accounting standards for not-for-profit organizations have been applied on a basis consistent with that of the preceding year.
Victoria, B.C.
August 14, 2025
Chartered Professional Accountants
