## 165. Legal Aid Botswana 

The financial statements of Legal Aid Botswana for the financial year ended 31 March 2018 were audited by Messrs Grant Thornton, Certified Auditors, who were appointed by the Board. 

## 2.0 Accounts 

## 2.1 Audit Opinion 

## In the opinion of the auditors: 

The financial statements presented fairly, in all material respects, the financial position of Legal Aid Botswana as at 31 March 2018, and of its financial performance and cash flows for the period then ended, in accordance with International Financial Reporting Standards. 

## 2.2 Financial Results 

In the year under review, the organisation recorded a surplus of P1.42 million, compared to P370 577 in the previous year. Income increased by P6.97 million (26%) from P26.75 million in the previous year to P33.72 million in the year under review, while on the other hand, expenditure increased by P5.92 million (22%) from P26.38 million in the previous year to P32.29 million in the year under review. 

The organisation is funded by Government grants, and in the year under review the grant was P33.54 million, representing 99% of the total income. 

## 2.3 Working Capital 

The working capital position of the organisation as at 31 March 2018 showed total current assets of P9.09 million and total current liabilities of P9 million, resulting in a net current assets position of P94 337. 

## 3.0 Management letter 

The auditors had issued a management letter and the issues raised dealt with accounting procedures and internal controls which were only of interest to management, hence did not merit mention in this report. 

