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  2. Notes to the accounts

    https://www.christs.cam.ac.uk/sites/default/files/inline-files/SORP_2007-8_v9_-_FINAL.pdf
    3 Nov 2008: An audit includes examination, on a test basis, of evidence relevant to the amounts and disclosures in the financial statements. ... Moreover, the College is not engaged in an economic activity, so that inclusion of any value would be of questionable

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