Company: BCS
Filing Date: 2025-02-13
Form Type: 20-F
Source: 0000312069-25-000114
Chunk: 520

Company: BARCLAYS PLC
Filing Date: 2025-02-13
Form: 20-F
Chunk 520
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  445 |   42 |
|                                                                   |                                                         Related undertakings |  446 |   43 |

| Strategy                     | Shareholderinformation | Climate andsustainability report | Governance | Riskreview | Financialreview |     | Financialstatements |     | Barclays PLC 2024Annual Reporton Form 20-F | 353 |
| Independent Auditor's Report |                        |                                  |            |            |                 |     |                     |     |                                            |     |

Report of Independent Registered Public Accounting Firm To the Shareholders and Board of Directors of Barclays PLC: Opinions on the Consolidated Financial Statements and Internal Control Over Financial Reporting We have audited the accompanying consolidated balance sheets of Barclays PLC and subsidiaries (the Company) as of December 31, 2024 and 2023, the related consolidated income statements, consolidated statements of comprehensive income, consolidated statements of changes in equity, and consolidated cash flow statements for each of the years in the three-year period ended December 31, 2024, and the related notes and specific disclosures described in Note 1 of the consolidated financial statements as being part of the consolidated financial statements (collectively, the consolidated financial statements). We also have audited the Company’s internal control over financial reporting as of December 31, 2024, based on criteria established in Internal Control – Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission. In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of the Company as of December 31, 2024 and 2023, and the results of its operations and its cash flows for each of the years in the three-year period ended December 31, 2024, in conformity with International Financial Reporting Standards, as issued by the International Accounting Standards Board. Also in our opinion, the Company maintained, in all material respects, effective internal control over financial reporting as of December 31, 2024 based on criteria established in Internal Control – Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission. The Company acquired the retail banking business of Tesco Personal Finance plc during 2024 (acquired business referred as ‘Tesco Bank’), and management excluded from its assessment of the effectiveness of the Company’s internal control over financial reporting as of December 31, 2024, Tesco Bank’s internal control over financial reporting associated with approximately 0.4% of gross income