Use of this report
This report, including the opinion, have been
prepared for and only for the trustees as a
body to enable you to fulfil your obligation
to ITF Trust to obtain an audit of the group's
financial statements in accordance with our
engagement letter dated 1 May 2026 and for no
other purpose. We do not, in giving this opinion,
accept or assume responsibility for any other
purpose or to any other person to whom this
report is shown or into whose hands it may
come, including without limitation under any
contractual obligations of the group, save where
expressly agreed by our prior consent in writing.
PricewaterhouseCoopers LLP
Chartered Accountants
London
16 July 2026
ITF Trust Annual Report and Consolidated Financial Statements 13
