T H E H A K L U Y

7 THE SOCIETY’S ORGANISATION AND DECISION-MAKING STRUCTURE The Hakluyt Society is a charity registered by the Charity Commission for England and Wales, under charity number 313168, of which the members of the Society’s Council, who are the charity’s trustees, were incorporated on 5 June 2014 by order of the Charity Commission to become a body to be known as The Trustees of the Hakluyt Society. [...] The members of the Council are elected by the members of the Society in Annual General Meeting from individuals with established reputations in the field of the Society’s activities. [...] For example, and in accordance with the Rules of the Society, the Council recommends each year that the members of the Society in General Meeting shall appoint a registered auditor to audit the annual accounts of the Society for the ensuing year. [...] The law applicable to charities in England & Wales requires the Council to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. [...] 16 REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF THE HAKLUYT SOCIETY FOR THE YEAR ENDED 31 DECEMBER 2019 Opinion We have audited the financial statements of The Hakluyt Society (the ‘charity’) for the year ended 31 December 2019, which comprise the statement of financial activities, the balance sheet, the principal accounting policies and notes to the financial statements.