Audit statement

The Social Audit Panel has examined the draft Social Accounts submitted to us and discussed them in detail with Patricia Alexander (MD), Kerrey Baker, Tim Morgan, Frances Villeneuve and Jo Hall at the Social Audit Panel meeting held on 17 November 2015. I have examined the revised Social Accounts which were prepared following the Social Audit Panel meeting and which have taken into account various points identified in the notes* of the Social Audit Panel Meeting. We also examined a sample of the data and the sources of information on which the Social Accounts have been based.

We believe that the process outlined above has given us sufficient information on which to base our opinion. We are satisfied that, given the scope of the social accounting explained in the revised draft and given the limitations of time available to us, the Social Accounts are free from material mis-statement and present a fair and balanced view of the performance and impact of Shared Interest as measured against its stated values and aims and the views of the stakeholders who were consulted.

The Social Audit Panel was unanimous in affirming that the accounts were clear, comprehensive and thorough, and that much progress had been made in responding to the Panel's recommendations from previous years. We identified a number of important issues to be taken into consideration during the next social audit cycle. In particular, we would refer to the following:

  • There has been progress in Shared Interest reporting more on the outcomes and the wider impact of their work. However further progress can be made through development of the Theory of Change model which will enable a closer examination of the degree of impact achieved and enable Shared Interest to reflect on issues of wider strategic significance.
  • Consider linking the key findings from the social accounts directly to Shared Interest's use of finance, its strategic outlook and plans for future development.
  • Suggest re-looking at how the breadth and extent of Shared Interest's work is presented. More specifically, the use of maps could be reviewed and it may be possible to create a map that will allow 'drilling down' to more community-based information.
  • The current format for the Social Accounts contains a considerable amount of information held within 50 pages. Arguably more attention could be given to interpreting that information and linking it more directly back to the aims and ultimately to the overall mission and values.

The members of the Social Audit Panel were:
Alan Kay (SAN Social Auditor, Chair)
Matthew Anderson, Portsmouth Business School, University of Portsmouth
Yvonne Ewington, Partnership Engagement Officer, Sunderland Partnership
Stuart Raistrick, Hexham, Northumberland

Alan Kay, Chair of the Social Audit Panel

Dated: 17 December 2015